Accounting Specialist The Accounting specialist role will be responsible for preparing and reviewing journal entries in accordance with GAAP; monitoring and analyzing income and expense accounts for reasonableness and accuracy to confirm statements are fairly presented; and analyzing and reconciling various balance sheet and liability accounts to ensure the accuracy of the monthly balances on general ledger. This role will also be responsible for assisting the Accounting Manager as needed with daily activities in the monthly analysis of the corporate income statement and various corporate accounting functions, in addition to performing ad-hoc analysis as requested by management. Position Responsibilities: Month End Analysis/Close * Post and review general ledger transactions to ensure accurate postings and reasonableness of transactions posting to general ledger accounts. * Perform analysis of income and expense accounts. Analyze trends and identify. large variances, including identification of potential prepaid expenses to be amortized and accruals to be booked. * Set up recurring accruals, prepare quarterly materials for employee-related benefits and assist the Accounting Manager with necessary analysis. * Perform various allocations for Health Benefits and Other Insurance expenses proportionately based on appropriate statistical drivers. * Perform Equity Pickup/Investment in subsidiary process, review and reconcile related accounts to ensure closing entries properly posted. * Provide management with monthly, quarterly, and year over year income and expense variance explanations for month end close meeting. * Reconcile and review assigned monthly aging and general ledger account reconciliations. Compliance, Risk and Support * Assist the Accounting department with updates to Accounting-related procedures and documentation of accounting processes and workflows, including the design and implementation of internal controls to provide quality assurance over reported data. * Ensure spreadsheet controls "best practices" are maintained across all existing critical spreadsheets within area of responsibility and are utilized in the development of new spreadsheets. * Provide internal/external auditors with requested documents and support. Partnering/Monthly Reporting * Ensure effective communication and working relationships are maintained with customers and colleagues throughout the bank. Communication involves all levels of the bank personnel. * Input/process general ledger entries as requested by other areas of the bank, such as accruals or re-classes/corrections of general ledger accounts. Review entry. requests prior to processing to confirm appropriate accounting treatment and follow up with contact for any questionable charges. * Communicate with Human Resources and Wealth and Institutional Trust, and Corporate Treasury on account information regarding staff insurance and other benefits programs. * Help other areas of the bank as needed, such as assisting with research of vendor payments or charges to general ledger accounts, along with ad-hoc reporting and account analysis. Provide advice for appropriate application to general ledger accounts. * Cross train/perform daily functions (as deemed necessary) to ensure coverage of critical processes during other team members PTO. Accounting and Technical Consulting * Stay abreast of accounting developments and work closely with others in the Accounting Department to apply technical and industry guidance as needed. * Develop a functional understanding of banking and financial services industryprocesses/topics and accounting implications. * Proactively identify opportunities to create operational efficiencies. * Assist with implementation of automating certain processes or using advanced analytics to effectuate more efficient accounting and reporting processes. * Perform other miscellaneous accounting functions as assigned. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled