Operational Accounting Associate III - Reconciliations

Posted 3 Days Ago
Be an Early Applicant
Getzville, NY
Mid level
Fintech
The Role
The Operational Accounting Associate III will manage the reconciliation of assigned GL accounts and DDAs, ensuring accurate financial reporting in compliance with GAAP. The role involves conducting research on complex issues, resolving aged items, and mentoring junior staff. The associate will also participate in projects and adhere to compliance and risk policies while supporting internal controls and procedures.
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. Participate in 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 to identify issues and escalate as appropriate.
  • 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. 
  • Update procedures due to changes in process or accounting requirements with input from Operational Accountant III, IV or Manager.
  • 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:

HS Diploma/GED

Plus 3 years 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 $18.57 - $30.95 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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