Accounting Analyst

Choice Bank•Edina, MN

About The Position

The Accounting Analyst supports the organization’s financial operations by preparing journal entries, updating schedules, and monthly and quarterly reconciliations. This role serves as a first line of defense to ensure daily accounting functions are accurate and effective, reflecting complete and verifiable activity. Responsibilities include processing, data entry, analysis, and assisting with audit requests.

Requirements

1 to 2 years of relevant experience with requisite competencies.
Bachelor's degree in accounting, finance or related field preferred.
Understanding of accounting principles and financial analysis.
Proficiency in Microsoft Excel and financial software.
Ability to work independently as part of a team.
Effective communication skills and interpersonal skills.
Effective analytical skills, attention to detail and ability to work collaboratively across departments.

Responsibilities

Prepare journal entries reflective of business activities in a timely and accurate manner.
Assist in month-/quarter-/year-end close processes.
Review and manage daily bank activity including researching discrepancies and resolving issues.
Regularly review and update process documentation and standard operating procedures (SOPs) to reflect current practices.
Provide backup to other accounting processes while maintaining segregation of duties, as needed.
Participate in process improvement and optimization initiatives, supporting implementation and change management efforts as needed.
Assist with internal and external audit requests by compiling documentation and providing necessary support.
Contribute to special projects and initiatives through preparation, analysis, and presentation of assigned deliverables.
Regular reconciliation of balance sheet and bank controlled DDA accounts at the determined periods which includes gathering supporting transactions, investigating and resolving reconciling items.
Monitor and address daily automated matching exceptions in reconciliation system (Blackline).
Work with manager to optimize automated and non-automated matching routines.
True-up and adjust accruals, as needed.
Identify, gather, analyze, summarize, and escalate, as needed, reconciliation exceptions (including aged items) and works with appropriate parties to resolve.