Accounting Associate I

Summary

Supports the financial and regulatory functions of the Bank, its Holding Company, subsidiary, and divisions. The Accounting function includes maintaining the Bank’s accounting principles, practices, procedures, and initiatives for financial and regulatory reporting. The Accounting Associate position supports the Accounting area with accounting related duties to include preparing financial statements, monthly reporting, account analysis, account reconciliations, and assist accounts payable function. Reports directly to the Accounting Manager.

Essential Functions

• Applies GAAP and regulatory accounting principles to prepare and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to accounting standards.
• Assist in the preparing of monthly financial statements and other reports for executive management and the Board of Directors for the Bank, its holding company, subsidiaries and divisions.
• Supports daily and month end financial processes to include general ledger entries, maintain/update accounting schedules, and all account reconciliations to ensure accuracy and reasonableness of recorded transactions (i.e. fixed assets, prepaid expenses, accruals, etc.).
• Prepare and maintain revenue related journal entries for the Company’s subsidiaries.
• Prepare related reconciliations for the Company’s subsidiaries.
• Reviews weekly vendor payments for proper approval and general ledger allocations, etc. and assist with the 1099 reporting process.
• Support the accounts payable function as necessary.
• Perform the daily reconciliations for Bank’s correspondent accounts.
• Assists in preparation of audited financial statements and regulatory reports (i.e. Call Report, FR Y-9SP, FR 2900, etc.).
• Assists with preparing schedules as required during financial audits and bank examinations (by Federal Reserve Bank and Texas Department of Banking).
• Support Treasury and Tax function as needed in the preparation of Federal and State income/franchise tax returns and other information tax returns.
• Assists in the preparing budget schedules by gathering and analyzing financial data from various departments.
• Pulls and analyzes data as requested using such tools as Excel, Adobe, Query, etc.
• Supports accounting department projects as needed.
• Perform other duties as assigned.

Education & Experience

• Bachelor’s degree in accounting.
• Minimum of 2 years of related accounting experience.
• Strong computer skills a must to include but not limited to Excel, Word, and Outlook (i.e. sort, pivot, subtotal, extract, concatenate, convert, calculation, etc.), and data analytics tools.
• Ability to organize, prioritize, and manage multiple tasks at one time to accomplish goals and objectives of the department with efficiency, attention to detail, and within set deadlines.
• Strong analytical and problem-solving skills.
• Excellent interpersonal and communication skills, written and verbal in order to communicate effectively with all levels within the Company.
• Ability to work long hours during peak times.
• Ability to keep personnel and other sensitive Company information confidential.

Equipment Used

• Standard office equipment.

Working Conditions/Physical Requirements

• Office setting.

WestStar is an Equal Opportunity Employer and does not discriminate on the basis of any protected trait, including gender, race, ethnicity, disability, or veteran status.