Senior Bank Accountant – To $80k – Chicago, IL – Job# 2357

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our client is seeking to fill a Senior Accountant role in the greater Chicago, IL market. The position is responsible for monitoring compliance with generally accepted accounting principles and procedures. The candidate will be assisting in multiple tasks in connection with accounting and the monthly closing and consolidation process. The candidate is responsible for directing the accounting and supporting the reporting functions of the Bank.

The opportunity has a generous salary of up to $80K and an excellent benefits package.

Senior Accountant responsibilities include:

  • Ensuring accounts are routinely reconciled and internal financial statement reporting to management and the Board and external regulatory reporting is prepared accurately on a timely basis.
  • Preparing journal entries, reconcile accounts, and research open items for a variety of accounts and will assist the CFO in carrying out the activities of the department.
  • Reviewing batch processing of accounts payable invoice activity and reconciliation of accounts used to process payments.
  • Reviewing the Bank’s internal DDA account reconciliations for various expense disbursements.
  • Reviewing the cash items and correspondent bank account reconciliations and follow-up on stale items.
  • Reconciling the Bank’s investment portfolio accounting system with the general ledger and safekeeping account records. Record new purchases/sales to the investment accounting system and principal and interest receipts to the general ledger. Invoice municipalities for amounts due for local security issuances owned. Assist with pledged security assignments and substitutions for collateralizing municipal deposits.
  • Reviewing new prepaid and accrued expenses and the reconciliation of the prepaid subsidiary ledger to the general ledger.
  • Preparing new fixed assets for capitalization and review the fixed asset subsidiary ledger reconciliation to the general ledger.
  • Preparing reconciliations for various other asset and liability accounts on the balance sheet on a monthly basis.
  • Reviewing CDARS certificate of deposit activity, as needed, and the month-end accounting entries. Prepare daily journal entries for transactions related to the department. Research and resolve any non-post items.
  • Supporting Senior Management and the Board by providing timely and accurate reports for financial analysis, budget preparation, interest rate risk, and liquidity management, ALCO meetings, and evaluation of new strategies.
  • Preparing ad-hoc reports for use by various departments as requested.
  • Enhancing and/or develop Bank policies and procedures that will improve the efficiency of the Accounts Payable operation, employee expense reimbursement, and strengthen the Bank’s system of internal controls.
  • Preparing or assist with the preparation or review of periodic board reports, bank and holding company financial statements, regulatory reports.
  • Processing and scanning report to Director for document storage and retrieval.
  • Coordinating the effort to gather reports for external and internal auditor or examiner requests, as needed.
  • Preparing or assisting with the maintenance of the interest rate risk and budget management tool on a monthly and quarterly basis.
  • Preparing or assisting with the preparation of quarterly allowance for loan and lease (ALLL) calculation and supporting documents.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelor’s degree in Accounting or Finance.
  • Five or more years of related experience in banking.
  • Able to work with minimal supervision.
  • Excellent organizational skills.
  • Able to effectively handle multiple priorities.
  • Proficient in Word, Excel, and Outlook.
  • Master’s degree in Accounting or Finance.
  • Experience with the Bank’s core system provider, Fiserv, and the Fiserv Prologue Financials software application suite (GL, AP, Fixed Assets, Prepaids, Accruals).

The next step is yours. Email us your current resume along with the position you are considering to: