Operational Accounting Associate IV - Reconciliations

Posted 3 Days Ago
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Getzville, NY
Mid level
Fintech
The Role
The Operational Accounting Associate IV is responsible for the timely and accurate reconciliation of general ledger accounts. Key duties include researching complex issues, preparing accounting reports, resolving discrepancies, and providing guidance to less experienced staff. The role requires collaboration with various departments to ensure compliance and adherence to financial reporting standards, while also participating in new business initiatives.
Summary Generated by Built In

Overview:

Reconciliation of assigned GL accounts and DDAs timely and accurately. Identify out of balance conditions and unusual or aged items in assigned accounts. Research of complex issues. Lead projects.

Primary Responsibilities:

  • Timely and accurate reconciliation / reporting of assigned portfolio activity to Finance / Audit / SOX to ensure accurate Financial Statements in accordance with GAAP.
  • Gather and research data to prepare routine accounting reports including daily, weekly and/or monthly departmental reporting assignments.
  • Perform problem resolution around more complex issues and assist in formulating solutions. 
  • Perform research to resolve aged items and system outages on reconciliations escalate as necessary.
  • Communicate with internal cross-functional areas, business partners and investors to assist in resolution of routine inquiries/issues. 
  • Provide input regarding updates to procedures due to changes in process or accounting requirements.
  • Participate in responsibilities associated with new business initiatives under Manager’s direction.
  • Mentors and trains less experienced staff on routine task and questions
  • Adhere to established policies, procedures and limits focusing on observable breaches in Corporate Risk policies.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Education and Experience Required:

Bachelor’s Degree in financial field,

OR in lieu of a higher education degree,

 4 years of relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.94 - $34.91 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

LocationGetzville, New York, United States of America

The Company
Baltimore, MD
21,590 Employees
On-site Workplace

What We Do

M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.

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