- Makes recommendations to manager after evaluating difference courses of action and offers suggestions on a regular basis about how procedures should change (e.g., to make them more efficient or to comply with changing laws or regulations).
- Prepares monthly ledger entries and reconciliations.
- Prepares monthly and quarterly management and board reports.
- Reviews and researches management requests.
- Maintains assigned corporate subsidiaries including monthly accounting, reporting, budget, and forecast.
- Assists with internal and external audit requests.
- Regular and predictable attendance is an essential requirement of the position.
- Responsible for the completion of all compliance training related to the position.
- Must understand all applicable laws and regulations that apply to the position and comply with the requirements.
- Performs accounting responsibilities for investment portfolio.
- Responsibilities include investment accounting system maintenance; reporting, footnote disclosures and compliance with investment policy.
- Performs independent review of general ledger account reconciliations, ensuring adherence to corporate policy.
- Analyzes certain expense reserves and prepares quarterly expense reserve analysis report for management and external auditors.
- Prepares and files regulatory financial reports.
- Researches and understands regulatory reporting requirements.
- Three (3) years of related accounting or auditing experience preferred.
- Detailed knowledge of generally accepted accounting principles.
- Knowledge of Bank regulatory requirements a plus.
- Knowledge of PC based accounting systems a plus.
- Strong computer skills including Word, Excel and PowerPoint.
- Good organizational skills.
- Analytical and problem solving skills with attention to detail.
- Ability to meet deadlines.
- Ability to handle multiple tasks in a fast-paced environment.
- Good written and verbal communications skills.
- Bachelor’s Degree in Accounting required.
- CPA or CPA preferred.
PHYSICAL DEMANDS
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor's degree in Accounting
- Three years of related accounting or auditing experience
- Detailed knowledge of generally accepted accounting principles
- Knowledge of bank regulatory requirements
- Knowledge of PC-based accounting systems
- Strong computer skills, including Microsoft Word, Excel, and PowerPoint
- Good organizational skills
- Analytical and problem-solving skills with attention to detail
- Ability to meet deadlines
- Ability to handle multiple tasks in a fast-paced environment
- Good written and verbal communication skills
- CPA certification
1st Source Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about 1st Source Bank and has not been reviewed or approved by 1st Source Bank.
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Healthcare Strength — Health insurance, prescription coverage, and full coverage for preventive care and certain screenings are described as available. Dental and vision coverage, telemedicine, maternity support programs, and tobacco cessation offerings add breadth to the health package.
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Retirement Support — A 401(k) plan is described as available with both Traditional and Roth savings options, alongside HSAs for eligible expenses. Life, accident, and disability protections are also described as part of the broader financial security offering.
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Wellbeing & Lifestyle Benefits — Wellness programs such as weight-loss support and other wellbeing initiatives are described as available, sometimes at no extra cost to eligible members. Financial wellness workshops and planning resources are also described as offered.
1st Source Bank Insights
What We Do
Founded in 1863 in South Bend, Indiana, 1st Source Bank has offered clients a convenient and friendly way to bank for over 155 years. At 1st Source, we listen to our clients, understand their needs and always keep their best interests in mind. 1st Source Bank remains the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. We operate banking centers across our region, boast 1st Source Bank Specialty Finance Group locations nationwide, as well as several Wealth Advisory Services locations and 1st Source Insurance offices. We deliver a comprehensive range of banking services along with highly personalized attention to our clients, both individuals and businesses. Our mission is to help our clients achieve security, build wealth and realize their dreams. Additionally, for over 155 years, 1st Source Bank has been giving back to our communities to actively help build good places to live, work and raise our families. This service to our community is one of our principal values and has defined who we are and how we do business. Member FDIC | Equal Housing Lender
