Staff Accountant Operations

First Bank Chicago is a financial institution located in Northbrook, IL, seeking a Staff Accountant Operations to support their Finance department's operational accounting functions. The role involves processing accounts payable, maintaining vendor records, and performing reconciliations to ensure accurate financial reporting.

Responsibilities

• Process accounts payable invoices, including intake, coding, approval routing and payment execution
• Maintain vendor master file and ensure accuracy of vendor records
• Process employee expense reports and corporate credit card transactions
• Perform daily cash and correspondent bank reconciliations
• Monitor clearing and suspense accounts and investigate outstanding items
• Assist with wire and ACH transactions
• Perform routine monthly balance sheet reconciliations for assigned accounts
• Prepare and post intercompany eliminations and Holdco consolidation entries
• Prepare Holdco journal entries and Holdco financial statements
• Prepare subordinated debt interest accruals and maintain subordinated debt compliance tracking
• Assist with monthly collateral pledging/releasing documentation and filing
• Process monthly tax withholding payment submissions
• Gather and organize documentation for external audit, internal audit and regulatory exam requests
• Prepare assigned schedules for year-end financial statements, Call Report, annual budget and audit/tax/exam requests
• Assist with special projects and ad hoc tasks as directed by Controller/CFO
• Participate in cross-training to build broader understanding of close and reporting functions
• Other duties as assigned

Skills

• Bachelor's degree in Accounting or Finance
• 0 - 2 years of accounting experience: banking or financial services experience preferred
• Demonstrated knowledge of fundamental accounting principles and GAAP standards
• Detail-oriented with effective organizational and time management skills
• Proven ability to follow established procedures with accuracy and consistency
• Strong willingness to learn, adapt and take on additional responsibilities
• Ability to manage competing priorities and work effectively under tight deadlines, especially during month-end close
• Continuous improvement mindset with a focus on driving process efficiencies, including leveraging technology and automation
• Microsoft proficiency, especially expertise in Excel and Word
• Strong computer application skills
• Banking or financial services experience
• Power Point, Access and Power BI experience
• Banking and/or Fiserv and Prologue (including Business Analytics) experience

Benefits

• Medical/dental/vision/life insurance
• 401(k)
• Paid time off (PTO)
• Eligibility for an annual bonus

Company Overview