Accounting Specialist

About Us

Bank of Frankewing has been a trusted local financial resource, proudly serving our community with integrity and dedication. As a family-oriented institution, we prioritize building long-lasting relationships and creating a supportive work environment for our employees. With a legacy of service and commitment, we continue to provide personalized banking solutions that meet the needs of our customers and offer a great place to grow your career.

Position Summary

We are looking for an Accounting Specialist. This is an entry-level accounting position responsible for supporting the Bank's daily accounting and financial operations. This individual performs routine accounting functions, account reconciliations, general ledger balancing, report preparation, and other clerical accounting duties while ensuring accuracy and compliance with Bank policies, procedures, and regulatory requirements. The Accounting Specialist works closely with Operations, Deposit Operations, Lending, and Treasury personnel to maintain accurate financial records.

Essential Duties and Responsibilities

Daily Accounting Functions

• Assist with daily balancing of general ledger accounts.
• Prepare and process journal entries.
• Review transactions for accuracy and proper account coding.
• Post and reconcile accounting entries within established deadlines.
• Verify account balances and investigate discrepancies.

Reconciliation Responsibilities

• Perform daily, weekly, and monthly account reconciliations.
• Reconcile correspondent bank accounts, cash accounts, ATM settlements, and suspense accounts.
• Research and resolve balancing issues in a timely manner.
• Maintain supporting documentation for reconciliation activities.

Accounts Payable Support

• Process invoices for payment.
• Verify proper approvals and account coding.
• Prepare accounts payable reports and maintain vendor records.
• Assist with payment processing and expense tracking.

Financial Reporting Support

• Assist in compiling monthly financial reports.
• Gather data for management reports and board reports.
• Maintain spreadsheets and accounting schedules.
• Support year-end and month-end closing activities.

Operations and Internal Controls

• Ensure compliance with established accounting procedures and internal controls.
• Maintain confidentiality of customer and Bank information.
• Identify and report exceptions, errors, or unusual transactions.
• Assist with audit and examination requests.

Record Maintenance

• Maintain accounting files and records.
• Ensure documents are properly retained according to Bank policies.
• Organize and archive accounting records as needed.
• Support documentation requests from auditors and examiners.

Team Support

• Provide assistance to other Accounting Department personnel.
• Work collaboratively with branch and operations staff.
• Participate in cross-training activities.
• Perform other duties as assigned.