Staff Accountant

Staff Accountant

General Summary:

Performs
a variety of daily, weekly and monthly accounting and reporting functions, with
a focus on corporate and operations accounting. The position utilizes automated
accounting systems, Microsoft Excel spreadsheets and computer applications to
perform responsibilities. The position also participates in other projects within
Accounting to assist management.

Principal Duties and
Responsibilities:

• Corporate accounting functions such as maintaining the accounts payable (AP) automated system(s) including master vendor records, authorization lists for check and invoice approvals. Coordinates with Purchasing and other departments in the invoice management activities including new/edited vendor information, workflows, authorized user role changes and other activities as needed.
• Ensures timely processing and payment of invoices and expenses, this includes purchase order matching, American Express merchant payments, employee and Director travel expenses, Director Fees, and other miscellaneous payment requests. Analyzes invoices to verify compliance with established policies, working with others to resolve issues.
• Accounting operation functions such as preparing and recording daily and monthly general ledger entries, reviewing of journal entries posted via automated feeds from other FHLB applications and in assisting to maintain various investment, debt, fixed asset and other subsidiary systems and related reconcilements, while both adhering to guidelines and utilizing knowledge of accounting to regularly apply professional skepticism to identify potential problems or issues.
• Assists in the maintenance of the GL application and other Accounting IT systems, which includes maintaining and monitoring data and system functionality, assisting in the development of system enhancements and maintaining adequate documentation.
• Utilizes knowledge of accounting to research reconciling items and work with other departments to investigate errors and make corrections.
• Compiles, analyzes and/or manages reporting for all above processes in a timely, efficient and accurate manner and in compliance with FHLB policies.
• Provides back-up and assistance for various activities within Accounting.
• Maintains updated knowledge of principles and standards in the field of accounting and associated regulations which affect the FHLB as well as related matters of interest to the department. Assists in the evaluation of new accounting standards.
• Researches new processes and technology within accounting, formulates and presents process improvement ideas to management, and contributes to the adoption and development of related implementation. Ensures End User Computing applications used by Accounting are created and maintained in accordance with FHLB standards.
• Performs other duties and special projects assigned by management.

Minimum Knowledge,
Skills and Abilities Required:

• Knowledge of accounting acquired through completion of a Bachelor's degree in Accounting with credit hours earned to be eligible or near eligible to become a licensed certified public accountant.
• One year of accounting experience preferred.
• General knowledge of processes for recording, classifying and summarizing financial transactions in accordance with established guidelines, policies and procedures.
• Understanding of accounting and related systems, such as Infor Lawson, Cadency or Concur.
• Proficiency in use of computer technology, including advanced knowledge of spreadsheets (Excel preferred).
• Skills necessary to develop factual reports through data gathering, interpretation, compilation and analysis of information.
• Ability to concentrate and pay close attention to details as well as the ability to prioritize numerous tasks under tight deadlines.
• Ability to work independently following guidelines, with the ability to recognize unusual or complex situations including the ability to exercise professional discretion and propose alternatives and implement solutions when a situation or fact is beyond the bounds of normal procedure.
• Effective written and verbal communication skills including, interpersonal skills necessary to interact effectively with internal and external contacts.
• Demonstrates a commitment to diversity and inclusion. Promotes an environment of empathy and respect, ensures the inclusion of all team members, and will actively engage in D&I events and learning opportunities.

Working Conditions:

Normal
office environment with flexibility to meet tight deadlines as required.