Operational Accounting Associate IV

M&T Bank•Getzville, NY

11d•$23 - $38•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, research complex issues, and lead projects. The position ensures accurate financial statements in accordance with GAAP through timely and accurate reconciliation and reporting of portfolio activity to Finance, Audit, and SOX. It involves gathering and researching data for routine accounting reports, performing problem resolution for complex issues, and assisting in formulating solutions. The role also includes researching aged items and system outages, communicating with internal and external partners to resolve inquiries, providing input on procedure updates, and participating in new business initiatives. Additionally, the associate will mentor and train less experienced staff, adhere to established policies and procedures, and maintain internal control standards.

Requirements

Bachelor’s Degree in financial field, OR in lieu of a higher education degree, 4 years of 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 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 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.