Accounting Operations Supervisor

4 weeks ago


Washington, Washington, D.C., United States CityFirst Bank Full time
Accounting Operations Role Summary

The A/P Supervisor at CityFirst Bank is responsible for performing accounting support and administrative work in classifying and processing accounting transactions, maintaining, and reconciling assigned accounts and compiling, reviewing and verifying data/information to prepare financial and accounting reports.

Key Responsibilities

Ensure timely entry of invoices in AvidAscend for approval
Process vendor payments upon invoice approval via ACH and checks
Establish and maintain prepaid accounts in the core system
Establish and maintain fixed assets in the core system
Calculate and report tax liabilities accurately and on time, ensuring compliance with tax regulations
Assist in internal and external audits by providing accurate financial data and supporting documentation
Analyze invoices to identify trends, anomalies, and areas for improvement
Review vendor and service provider agreements
Maintain contract terms and send renewal notices to business owners
Set up and maintain accurate vendor records
Provide support to bank vendors, including answering inquiries related to invoices and payments
Create reports detailing accounts payable status
Investigate and resolve discrepancies
Reconcile balance sheet accounts and bank accounts as assigned
Post journal entries to record transactions to the general ledger
Prepare annual 1099s for distribution to directors and vendors
Assist in the annual escheatment process
Assist with the annual fixed assets inventory
Update and maintain policies and procedures

Requirements

2-year College Degree required in Accounting, Business, or related field and 3 years of experience working with accounts payable, general ledger, reconciliations, month-end closing, general accounting processes of inter-company, prepaids and fixed assets OR 4-year College Degree in Accounting, Business, Finance or related field
1+ year of supervisory experience
Proficiency in Microsoft Office with intermediate/advanced skill in Excel
Good analytical and problem-solving skills
Ability to meet deadlines
Strong work ethic and attention to detail

Preferred Qualifications

Ability to collaborate with other departments throughout the Bank
Proficiency in FIS/Horizon or similar bank-related core accounting system preferred
Proficiency with AvidAscend or similar-related accounts payable, fixed asset and prepaid software

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