This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12660781
SUMMARY
The Accountant III handles essential accounting duties for the parent
company and its subsidiaries, ensuring accuracy and compliance. This
role includes preparing monthly, quarterly, and annual reports for
senior management, regulatory agencies, and external auditors. The
Accountant III also researches and responds to inquiries from examiners,
auditors, and management, and assists in developing reliable information
for regulatory and financial reporting requirements.
Ideal candidates are detail-oriented, analytical, and organized, with
broad and in-depth understanding of accounting principles and
proficiency in accounting software. Strong communication skills are
essential for interacting with senior management, auditors, and
regulatory bodies. A bachelor\'s degree in accounting or a related
field, along with relevant work experience, is preferred.
The Accountant III significantly impacts the company by maintaining
financial integrity and compliance. Their accurate and timely reporting
supports informed decision-making by senior management and helps the
company meet regulatory requirements, fostering trust with external
stakeholders and contributing to the company\'s growth and stability.
All employees are expected to protect the information and assets of the
organization through heightened awareness of information security,
cybersecurity, and risk management best practices, as well as complying
with all applicable laws, regulations, and organizational policies.
ESSENTIAL DUTIES
Prepare and post the various entities activity, including cash
receipts, journal entries, general ledger transactions, cash
disbursements, and general ledger reconciliations, as well as all
required reports.
Ensure data entry and recording for various software programs,
including general ledger, accounts payable, accounts receivable,
shareholder accounting, fixed assets, prepaid expenses, lease
accounting, 1099 and regulatory reports.
Maintain specialized accounting software and functions, such as
shareholder accounting, financial and budget, ACL, fixed asset
accounting, prepaid, lease accounting, customer deposits, regulatory
and 1099 preparation.
Trains new staff and mentors less experienced staff.
Processes and maintains assigned ad hoc or recurring journal entries
in a timely and accurate manner.
Monitor various Fed and FDIC reporting requirements, rule changes,
and prepare or review the necessary reports, as well as track
changes in Accounting Standards.
Assist in the preparation of corporate stockholder processing.
Prepare the daily funds settlement process.
Assist with investment duties and activities as needed.
Prepare pledging requests and assist with various pledging related
functions.
Prepare or review various balance sheet account reconciliations.
Review bank deposits and perform reconciliation of accounts.
Support the accurate preparation and presentation of financial data
for monthly, quarterly, and annual regulatory and financial reports.
Prepare and assist with various state and local reporting, including
annual reports, unclaimed property, and Tangible and Intangible tax
returns.
Design and build reporting structures and formats using various
software programs.
Assist with the budget process.
Maintain subsidiary schedules that support and reconcile to control
accounts or activities.
Assist with federal and state examination requests, as well as
internal and external audit inquiries.
Assist in the preparation of quarterly and annual tax information.
Accurately key or scan document data into imaging equipment,
ensuring all information is properly filed, indexed and
cross-referenced through electronic means.
Ensure that electronic records are properly maintained, archived and
stored according to established policies and regulations.
Utilize strong communication skills to build and maintain positive
relationships with internal and external stakeholders at all levels.
Develop and maintain financial policies and procedures
Recommend and implement process improvements in areas of
responsibility.
Provide support to other members of the Accounting Department as
needed.
Assume responsibility for special projects and tasks as assigned.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that
must be met by an employee to successfully perform the essential
functions of this position. Reasonable accommodations may be made to
enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly
required to talk or hear. The employee frequently is required to use
hands or fingers; handle or feel objects, tools, or controls. The
employee is occasionally required to stand; walk; sit; and reach with
hands and arms. The employee must occasionally lift and/or move up to 25
pounds. Specific vision abilities required by this position include
close vision, dist
