Accounting Associate

3 weeks ago

Lynchburg, Virginia, United States First National Bank Full time

Job Type

Full-time

Description

First National Bank is seeking a detail-oriented and organized Accounting Associate to join our team in Lynchburg In this role, you will assist with essential accounting functions ensuring the accuracy and integrity of our financial operations. If you thrive in a behind-the-scenes role where attention to detail is key, we would love to have you join our dedicated team in Lynchburg

The Accounting Associate is responsible, with the support of the Controller and Chief Financial Officer (CFO), for the outcomes of general ledger entries, bank reconciliations, and accounts payable and receivable transactions. This role also:

  • Supports and prepares monthly reports, general bookkeeping, and works on special accounting projects.
  • Records bank's fixed assets systematically. Maintains records for ongoing projects until completion then posts to fixed asset system.
  • Demonstrates a commitment to First National Bank Values and Customer Service Standards in every interaction with internal and external customers. Incorporates the high-performance behaviors of teamwork, leading by being a positive example.
What's in it for you?
  • Competitive salary and other bonus opportunities
  • Comprehensive medical, dental, vision and life insurance benefits
  • Generous Paid Time Off (PTO) and 11 paid holidays
  • Paid Parental Leave and other paid extended leave for eligible employees
  • 401(k) Match Program and Pension Plan
  • Tuition Reimbursement
  • Great health and well-being benefits including: telehealth, EAP, specialized treatment of musculoskeletal injuries and conditions, LTD, and various supplemental plans
  • We focus on the growth and development of our employees, you will have the ability to build on your proven success
What will you be doing in this role?
  • Prepares and reviews accounting-related activities, such as journal entries and reconciliations. Reviews general ledger entries for any missing transactions to ensure overall accuracy.
  • Monitors daily position with Federal Reserve and correspondent banks.
  • Reviews and processes federal withholding daily as needed including resolving any issues.
  • Processes entries related to principal and interest received on bank owned securities.
  • Prepares and processes foreign items through correspondent banking relationships including international wires, foreign currency and foreign checks.
  • Accountable for understanding and following accounting and reporting practices and other Bank policies, procedures, and processes to ensure compliance with all bank policies and related laws and regulations.
Requirements

What will you need?
  • Associate's degree in Business Administration, Accounting, or equivalent related work experience. BA or BS degree in Business Administration, Accounting or other related field of study preferred.
  • One to three years of bookkeeping, accounting, banking or related experience resulting in an overall understanding of bank accounting practices.
  • Knowledge of general accounting practices and procedures and ability to read and understand basic financial statements.
  • Well-organized, detail-oriented, problem solver who works quickly and accurately and has an aptitude for math.
  • Works well both independently and in collaboration with others. Must be a team player who has the ability to multi-task.
  • Proficiency in the use of Microsoft Office products, bank information systems, internet research and other PC-based applications.
  • Strong interpersonal, verbal and written communication skills.
  • Strong customer service skills.
Physical/Environmental Demands
  • The environment is typical of an office atmosphere. The noise level in the environment is usually moderate.
  • While performing the duties of this job, the employee is frequently required to sit; use hands to finger, handle, or feel; and talk or hear. The employee is required to stand, walk, and reach with hands and arms. The team member must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision.
We are proud to be an EEO/AA/M/F/Disabled/Veteran employer.

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