Fidelity Bank MN Looking for Accounting Analyst at Edina, MN Full Time

POSITION SUMMARY: This position is responsible for partnering with the Controller to ensure the routine operations of the accounting department are performed on an accurate and timely basis. This person is responsible for the day-to-day transactions, account reconciliations, variance analysis and preparing the regulatory reporting accurately.

THIS ROLE IS ACCOUNTABLE FOR:

• Monthly financial reporting and maintenance
• Reconciliation maintained on the general ledger
• Administering the accounts payable and payroll process
• Preparing regulatory reports

Accountability/Responsibilities

Monthly financial reporting and maintenance – 30%

• Prepare monthly financial reports by compiling and downloading core system data through financial reporting system, identifying, and resolving discrepancies, and ensuring proper data flow.
• Identifies, investigates, and provides solutions to variances between actual and budget as well as actual and prior periods.
• Supports, reviews, reconciles data storage system for prepaid expenses, accruals, and fixed assets, ensuring monthly entries are recorded in the appropriate GLs.
• Reconciles and resolves investment settling process and monthly accounting entries.
• Report on the collateral pledging for investments and loans with an in-depth understanding of the requirements of each loan program.

Reconciliation maintained on the general ledger – 25%

• Downloads and migrates all General Ledger accounts to a reconciliation data set.
• Reconciles and resolves discrepancies and analyzes variances to make proactive corrections.
• Responsible for ensuring any new accounts or programs are included in the general ledger and setting up appropriate accounting controls.

Administering the accounts payable and payroll process – 25%

• Ensures incoming invoices get into accounts payable system timely and accurately.
• Ensures all invoices are approved by appropriate staff and support provided meets IRS regulations.
• Conducts monthly reconciliation of AP total expenditures, including spot checks.
• Processes the payroll from start to finish accurately.
• Reconciles all benefits invoices and corresponding payroll data.

Preparing regulatory reports – 20%

• Prepares reports in support of the annual audit and tax process.
• Provides reports and documentation in support of regulatory exams.
• Administers the preparation of the quarterly Call Report.
• Provides support in ad hoc analysis / projects for business case development.

SUPERVISION

This role does not have supervisory or other work direction responsibility over other employees.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

EDUCATION, EXPERIENCE, AND SKILLS

• Bachelor’s degree in accounting or finance
• 3- 5+ years of relevant experience
• Advanced knowledge of financial analysis techniques, financial statements, and accounting principles
• Ability to identify and resolve exceptions and to interpret data
• Proven MS Excel and Word skills
• Experience using payroll systems, Paylocity is desired.
• Workload Management – ability to effectively manage multiple projects and deadlines
• Detail Orientation – Ability to thoroughly and effectively maintain quality review, maintenance, and update of multiple sets of complex information
• Inquisitiveness – possessing a natural curiosity and drive to find answers to puzzles and problems that provide insight and answers to questions or problems
• Interpersonal Skills – ability to establish and cultivate trusting professional working relationships