Staff Accountant POST NUMBER: 481236
Direct Hire
Salary: 60-70,000/yr
Summary:
The Staff Accountant is responsible for supporting the Bank’s accounting operations through reconciliations, financial reporting, regulatory reporting, and daily accounting functions. This role ensures the accuracy and integrity of financial records while assisting with operational accounting processes, internal controls, and compliance with Bank policies and regulatory requirements.
The Staff Accountant performs a variety of accounting and operational duties including general ledger reconciliations, teller transit balancing, accounts payable support, regulatory reporting, and research of outstanding items. This position also supports process improvement initiatives and assists the accounting and operations teams as needed.
Key Responsibilities:
- Reconcile the Bank’s internal accounts and general ledger balance sheet accounts to ensure accuracy and timely resolution of outstanding items.
- Process, reconcile, and research adjustments related to teller transit work and accounts impacted by daily teller transaction processing.
- Reconcile daily and monthly activity for:
- Official Checks
- Money Orders
- Correspondent bank accounts
- Cash letter settlements
- Assigned general ledger accounts
- Maintain documentation of reconciliations and accounting records in accordance with Bank policy and record retention requirements.
- Prepare and assist with quarterly Call Reports and other OCC and Federal Reserve regulatory reporting requirements.
- Assist with the preparation of monthly, quarterly, and annual financial reports.
- Prepare journal entries, account reconciliations, accruals, and supporting financial documentation.
- Rotate responsibilities involving invoice verification, approvals, and accounts payable processing.
- Assist with audit preparation and provide support during internal audits, external audits, and regulatory examinations.
- Research and resolve processing errors, account discrepancies, and operational accounting issues.
- Support process improvement initiatives to enhance efficiency, accuracy, and internal controls within accounting operations.
- Assist the accounting and operations teams in various capacities as needed, including wire processing and operational support.
- Maintain high ethical standards while performing all duties in compliance with Bank policies, procedures, and regulatory guidelines.
- Perform additional accounting and operational duties as assigned.
Education & Experience:
- Bachelor’s degree in Accounting, Finance, or related field preferred.
- 4-5 years of accounting, banking, finance, or operations-related experience preferred. Equivalent combination of education and relevant experience will be considered
- Banking or financial institution experience preferred.
- Experience with reconciliations, financial reporting, or regulatory reporting is a plus.
Knowledge & Skills:
- Strong analytical and problem-solving skills.
- Knowledge of accounting principles and financial processes.
- High attention to detail with strong organizational skills.
- Ability to prioritize tasks and manage multiple deadlines effectively.
- Strong written and verbal communication skills.
- Proficiency in Microsoft Office applications, particularly Excel, Word, and Outlook.
- Ability to work independently and collaboratively within a team environment.
- Demonstrated professionalism, integrity, and confidentiality.
- Flexibility and adaptability in a changing work environment.
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.