Position: Staff Accountant
Location: Spokane Valley Branch
Hours: Full Time, Monday-Friday 8am-5pm
Summary
The Staff Accountant plays a crucial role in maintaining accurate financial records and ensuring compliance with accounting principles and regulations. They are responsible for various accounting tasks, including accounts payable and receivable, financial reconciliations, financial analysis, and general ledger maintenance. The Staff Accountant list should possess excellent analytical skills, attention to detail, and a strong understanding of accounting principles and practices.
Assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
Salary Range: $23-$28/hour
ESSENTIAL DUTIES
- Accounts Payable and Receivable: Process vendor invoices, match them with purchase orders, verify accuracy, and prepare payments. Generate and send customer invoices, follow up on outstanding payments, and record collections.
- Financial Reconciliations: Conduct regular reconciliations of bank statements, credit card transactions, and general ledger accounts to ensure accuracy and identify discrepancies. Investigate and resolve any variances or issues promptly.
- General Ledger Maintenance: Assist in maintaining the general ledger by recording journal entries, ensuring proper coding of expenses and revenues, and performing account reconciliations.
- Financial Analysis: Prepare financial reports and statements, including balance sheets, income statements, and cash flow statements. Analyze financial data, identify trends, and provide insights and recommendations to management.
- Compliance and Documentation: Ensure adherence to accounting principles, regulations, and company policies. Maintain organized and accurate financial records, supporting documentation, and audit trails.
- Month-End and Year-End Closing: Assist in month-end and year-end closing procedures, including preparing accruals, reconciling accounts, and generating financial reports. Collaborate with the finance team to ensure timely and accurate financial reporting.
- Process Improvement: Identify opportunities for process improvements and implement streamlined accounting procedures to enhance efficiency and accuracy. Propose and implement changes to enhance internal controls.
- Collaboration and Support: Collaborate with cross-functional teams, such as finance, operations, and procurement, to provide accounting support, answer inquiries, and resolve accounting-related issues. Assist with special projects and other accounting-related tasks as required.
- Maintains a proficient knowledge of all applicable banking rules and regulations.
- Follows policies and procedures; completes administrative tasks correctly and in a timely manner; supports the Bank’s goals and values; benefits the Bank through outside activities.
SECONDARY DUTIES
Assists in special projects and tasks for the department as directed.
ENVIRONMENT AND PHYSICAL ACTIVITY
The incumbent is in a non-confined office type setting in which he or she is free to move about at will. The position includes driving a Bank or personal owned vehicle approximately 5% of the time which includes exposure to the outside weather elements and moving mechanical parts. It may include some minor annoyances such as noise, odors, drafts, etc.
The incumbent in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 50 pounds), driving, carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.
The incumbent for this position may operate any or all of the following: telephone, mobile device, copy and fax machines, adding machine (calculator), scanner and image systems, credit card terminal, workstation and related printers, or other equipment as directed.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
MENTAL DEMANDS
The incumbent in this position must be able to accommodate to reading documents or instruments, detailed work, problem solving, reasoning, math, language, presentations, verbal communication, written communication, analytical reasoning, stress, training others, multiple concurrent tasks and constant interruptions.
MINIMUM REQUIREMENTS
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
- Bachelor’s degree in accounting, finance, or are related field from a college or university; or 5 years of related experience and/or training; or the equivalent combination of education and experience. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, is required to be applicable to the financial industry.
- Solid understanding of accounting principles, practices and regulations (Eg. GAAP).
- Intermediate knowledge of related state and federal banking compliance regulations, Bank policies and procedures, and the Bank’s products and services.
- Proficiency in using accounting software and financial management systems.
- Strong analytical and problem-solving skills, with keen attention to detail.
- Excellent organizational and time management abilities, with the capacity to prioritize and meet deadlines.
- Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
- Advanced skills in computer terminal and personal computer operation; mainframe computer system; word processing, spreadsheet, and specialty software programs.
- Intermediate typing skills to meet production needs of the position.
- Intermediate math skills: ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
- Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence, and procedures, speak clearly to customers and employees.
- Thorough understanding of management procedures; ability to plan department or Bank activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Bank activities.
- Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
- Ability to work with no supervision while performing duties.
Management reserves the right to change this position description at any time according to business needs.
Apply Now
Email us a completed application. You can download an application by clicking the button below. Applications should be emailed to Careers@StateBankNW.com.