Accounting Analyst

1 day ago


Downers Grove, Illinois, United States Old Second Bancorp Inc Full time
Accounting Analyst Position Overview

The Accounting Analyst role is a key position within Old Second Bancorp Inc, responsible for recording various accounting entries, reconciling general ledger activity, and assisting with financial reporting requirements for the company and its subsidiaries.

Essential Job Functions
  • Prepare various general ledger entries on a daily, monthly, or as-needed basis, including prepaids, payables, receivables, accruals, and leases.
  • Prepare general ledger and internal DDA account reconciliations.
  • Record daily or monthly entries and allocations for other departments as needed, including generating cost center-level reporting.
  • Assist in preparing monthly reports for the Board and senior management, such as monthly financial statements, variance reports, profitability, and net interest margin analysis.
  • Maintain and reconcile the fixed assets and CIP of Old Second Bancorp Inc, including monthly depreciation processing and quarterly/annual fixed asset and depreciation schedules for regulatory reporting and tax estimates.
  • Assist in preparing certain aspects and schedules of regulatory reports for the Federal Reserve Bank, FDIC, and SEC.
  • Learn and develop general knowledge of the industry to gain further responsibilities and ensure future growth within the organization.
  • Other special projects as needed.
Additional Job Functions
  • Assist with internal and external audit request compilation.
  • Assist in preparation of budget reporting, providing fixed asset and CIP detail.
  • Cross-train and provide backup for tasks performed by other Accounting Analyst team members, including general ledger entries, reconciliations, and regulatory reporting.
  • Verify and reconcile third-party (IntraFi) transaction export postings and settlements.
  • Prepare project management reports for senior management as needed.
  • Other tasks as assigned.
Minimum Requirements
  • Incumbents may qualify with any of the following:
    • 4-year degree in Accountancy or related area of study; or
    • Associate's degree (or equivalent) and two or more years of Accounting (or related) experience; or
    • Equivalent combination of education and experience.
  • This position is considered a hybrid role, with management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs.
Competencies
  • Computer knowledge, specifically proficient in Microsoft Excel and Word. (Training will be provided for other applicable systems.)
  • Ability to work within a team and desire to learn new tasks, with a goal of implementing efficiencies in process.
  • Strong written and verbal communication skills.

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