Old Second Bancorp Inc
Accounting Analyst I - Downers Grove, IL
Old Second Bancorp Inc, Downers Grove, Illinois, United States, 60516
Who We Are
At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.
With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!
Position Overview
The Accounting Analyst position is primarily responsible for recording various accounting entries, reconciling general ledger activity, assisting with financial reporting requirements for Old Second National Bank ("OSNB") and its subsidiaries, and maintaining various systems, such as the fixed assets system, prepaid assets, and other assets and liabilities.
Essential Job FunctionsPrepare various general ledger entries on daily, monthly or as needed basis including prepaids, payables, receivables, accruals, and leasesPrepare various general ledger and internal DDA account reconciliationsRecord daily or monthly entries and allocations for other departments as needed, including generating cost center level reportingAssist in preparing monthly reports for the Board and senior management such as monthly financial statements, variance reports, profitability and net interest margin analysisMaintain and reconcile the fixed assets and CIP of OSNB including monthly depreciation processing and quarterly/annual fixed asset and depreciation schedules for regulatory reporting and tax estimatesAssist in preparing certain aspects and schedules of regulatory reports for Federal Reserve Bank, FDIC and SECLearn and develop general knowledge of industry to gain further responsibilities and ensure future growth within the organizationOther special projects as neededAdditional Job Functions
Assist with internal and external audit request compilationAssist in preparation of budget reporting, providing fixed asset and CIP detailCross-train and provide back up for tasks performed by other Accounting Analyst team members including general ledger entries, reconciliations, and regulatory reportingVerify and reconcile third-party (IntraFi) transaction export postings and settlementsPrepare project management reports for senior management as neededOther tasks as assignedMinimum Requirements
Incumbents may qualify with any of the following:
4 Year degree in Accountancy or related area of study; orAssociate's degree (or equivalent) and two or more years of Accounting (or related) experience; orEquivalent combination of education and experience
This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs.Competencies
Computer knowledge, specifically proficient in Microsoft Excel and Word. (Training will be provided for other applicable systems.)Ability to work within a team and desire to learn new tasks, with a goal of implementing efficiencies in processStrong written and verbal communication skills
Thanks for considering Old Second!
At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.
With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!
Position Overview
The Accounting Analyst position is primarily responsible for recording various accounting entries, reconciling general ledger activity, assisting with financial reporting requirements for Old Second National Bank ("OSNB") and its subsidiaries, and maintaining various systems, such as the fixed assets system, prepaid assets, and other assets and liabilities.
Essential Job FunctionsPrepare various general ledger entries on daily, monthly or as needed basis including prepaids, payables, receivables, accruals, and leasesPrepare various general ledger and internal DDA account reconciliationsRecord daily or monthly entries and allocations for other departments as needed, including generating cost center level reportingAssist in preparing monthly reports for the Board and senior management such as monthly financial statements, variance reports, profitability and net interest margin analysisMaintain and reconcile the fixed assets and CIP of OSNB including monthly depreciation processing and quarterly/annual fixed asset and depreciation schedules for regulatory reporting and tax estimatesAssist in preparing certain aspects and schedules of regulatory reports for Federal Reserve Bank, FDIC and SECLearn and develop general knowledge of industry to gain further responsibilities and ensure future growth within the organizationOther special projects as neededAdditional Job Functions
Assist with internal and external audit request compilationAssist in preparation of budget reporting, providing fixed asset and CIP detailCross-train and provide back up for tasks performed by other Accounting Analyst team members including general ledger entries, reconciliations, and regulatory reportingVerify and reconcile third-party (IntraFi) transaction export postings and settlementsPrepare project management reports for senior management as neededOther tasks as assignedMinimum Requirements
Incumbents may qualify with any of the following:
4 Year degree in Accountancy or related area of study; orAssociate's degree (or equivalent) and two or more years of Accounting (or related) experience; orEquivalent combination of education and experience
This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs.Competencies
Computer knowledge, specifically proficient in Microsoft Excel and Word. (Training will be provided for other applicable systems.)Ability to work within a team and desire to learn new tasks, with a goal of implementing efficiencies in processStrong written and verbal communication skills
Thanks for considering Old Second!