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Accounting Operations Specialist
2 months ago
About Us:
Farm Credit Bank of Texas is a prominent wholesale financial institution with a significant presence in the agricultural and rural sectors, having provided essential funding for over a century.
Based in Austin, Texas, we extend our services to rural lending associations across multiple states and actively participate in national capital markets.
Though our name may not be widely recognized, our contributions are vital in ensuring that America has access to a reliable and affordable food supply, an industry characterized by constant innovation and change.
As you contribute to our mission, we are committed to supporting you as a valued member of our organization through competitive compensation, comprehensive health and wellness benefits, and a flexible hybrid work environment located near the scenic Colorado River.
We are dedicated to attracting top talent across various fields, including technology, finance, accounting, credit, human resources, and administrative roles, and we invite you to be part of our mission to nourish the world.
Position Overview:
We are looking for a Staff Accountant - Accounting Operations.
The responsibilities of the Staff Accountant primarily involve the daily reconciliation of cash and clearing accounts, including the reconciliation of monthly bank statements, as well as the preparation and review of daily general ledger entries.
This role also assists with various tasks related to the monthly, quarterly, and annual closing processes and reporting. The Staff Accountant will provide necessary documentation and support to both internal and external auditors as required.Key Responsibilities:
Conduct daily and monthly cash account reconciliations.
Specific tasks include recording daily cash entries in the general ledger and reconciling selected cash and cash clearing accounts.
Prepare journal entries for various activities within the Bank, including but not limited to prepaid expenses, fixed assets, and professional services.
Involvement in various quarterly journal entries is also expected.Participate in the monthly and quarterly closing processes, which includes general ledger and subledger analysis, journal entries, reconciliations, and Flux Analysis compilation, as well as addressing Flux variances for selected accounts.
Prepare monthly balance sheet reconciliations to ensure the accuracy and completeness of financial data for selected accounts.Assist with the manual journal entry process from other departments on a daily/monthly basis.
Manage fixed assets activities for the Bank, including entering purchases into the Asset Management module of SmartStream, validating GL entries, reconciling fixed assets to the GL monthly, and preparing quarterly and annual fixed asset reports.
Collaborate with internal departments to facilitate journal entries, reconciliations, and flux analysis, providing accounting details and information to auditors as needed.Identify opportunities for process enhancements and assist in implementing changes to improve efficiency and accuracy in financial operations.
Maintain standard operating procedures and ensure compliance with all SOX requirements.
Serve as the primary backup for Debt & Investment Accounting duties as necessary.
Qualifications:
The ideal candidate should reside within a reasonable commuting distance from our office and value the benefits of a hybrid work schedule, while recognizing the need for regular in-person collaboration.
Requirements:
A bachelor's degree in accounting, finance, or business administration, accompanied by three (3) or more years of relevant experience.
Strong interpersonal skills and excellent written and verbal communication abilities are essential. Demonstrated problem-solving and organizational skills are crucial. A comprehensive understanding of accounting principles related to general ledger and reconciliation functions is required. Proficiency in Excel and word processing applications, including knowledge of pivot tables, is necessary.
Benefits:
In addition to a competitive salary, we offer a wide range of comprehensive and affordable benefits focused on health and wellness, financial security, and work-life balance:
Flexible health and wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, and flexible spending accounts.
A 401(k) plan with employer matching (up to 4%) and additional employer contributions (up to 5%), both of which vest immediately.
Employer-paid long-term disability and life insurance.Generous vacation and sick leave policies, along with up to eleven paid holidays.
Paid parental leave of up to six weeks.
Opportunities to volunteer in local community organizations, services, or events for up to five days per year.
Ongoing professional development opportunities.
Tuition reimbursement program.
Physical fitness incentive plan.
Employer matching gifts program.
A modern hybrid work schedule that combines in-office and remote work.
Our Culture:
In an ever-changing world, we prioritize investing in our employees, ensuring they have stable careers with ample opportunities for growth.
As part of the larger Farm Credit System, we emphasize building a culture based on personal relationships and maintaining connections with leadership through in-person discussions, regular town halls, and employee engagement events.
We are committed to attracting and nurturing a diverse workforce, promoting development and career advancement, and recognizing the contributions of individuals who drive our success.
Important Note:
We take the hiring process seriously and ensure that a real person reviews your application, which may result in varying response times.
The interview process may include phone calls, emails, on-site interviews, and requests for work portfolios or demonstrations.
While we cannot follow up with every applicant personally, we strive to create a professional, respectful, and thorough process for candidates we identify as potential fits.
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