Operational Accounting Associate III

M&T Bank•Getzville, NY

1d•$21 - $34•Onsite

About The Position

This role focuses on the reconciliation of assigned General Ledger (GL) accounts and Demand Deposit Accounts (DDAs) in a timely and accurate manner. The associate will identify out-of-balance conditions and unusual or aged items within their assigned accounts, conduct research on complex issues, and participate in various projects. The primary responsibilities include ensuring accurate financial statements in accordance with GAAP through timely reconciliation and reporting of portfolio activity to Finance, Audit, and SOX. The role involves gathering and researching data for routine accounting reports, performing problem resolution to identify and escalate issues, and researching aged items and system outages. Communication with internal cross-functional areas, business partners, and investors is key to resolving inquiries. The associate will also update procedures as processes or accounting requirements change, participate in new business initiatives, and mentor less experienced staff. Adherence to established policies, procedures, Corporate Risk policies, compliance/operational risk controls, and M&T internal control standards is essential. The position also requires completing other related duties as assigned.

Requirements

HS Diploma/GED
Plus 3 years relevant work experience

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 belonging 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.