Trandon Associates, Inc

Prepare financial reports, reconcile accounts, and manage accounting entries for branch and head office compliance. | Bachelor's degree in finance or accounting, 1+ year corporate experience, proficiency in Oracle FlexCube and MS Office. | JOB SUMMARY: Responsible for the preparation of Nostro account reconcilements, fixed assets reporting, Accounts Payable System, preparation and distribution of branch financial reports to management and Head Office, ensuring that all reports comply with regulatory guidance and professional standards and contributing to department special projects as assigned. ESSENTIAL JOB FUNCTIONS: 1. Prepare and issue daily, weekly, and monthly financial reports for branch senior management and Head Office. 2. Reconcile daily the NOSTRO accounts (Dollar and Foreign Currency) between branch and correspondents, expense/official checks and monthly payroll account. Prepare tracers on outstanding items and handle follow-up. Maintain statement files. 3. Prepare and input General Ledger entries for correspondent domestic Bank related charges, overdraft and reconcilement differences. 4. Prepare and input prepaid and accrued expense GL entries to equation and performs monthly proof. Ensure expense allocations are accurate and appropriate. 5. Produce Daily Foreign Exchange Profit/Loss reports by using FX position revaluation and trader’s reports to Ensure accurate reporting. 6. Preparation of daily, fortnightly, monthly and quarterly financial reports to Head Office. 7. Ensure proper accounting of expenses and income, fixed assets, depreciation, etc. and reconcile all Other Assets/Liabilities and Suspense Accounts. 8. Prepare detailed monthly aging schedule of all open items. 9. Process payments of Accounts Payable via check or ACH including input of entries, issuance of checks and proper distribution. Ensure payments are made before due date without discrepancies. 10. Perform end of day/month-end/quarter-end/year-end tasks, as required. 11. Perform such other tasks as assigned by the CFO, Financial Control Manager or the Accounting and Reporting Manager. 12. Function as backup to the Accounting and Reporting Manager, when required. ADDITIONAL RESPONSIBILITIES: 1. Understand and comply with BSA/AML Program, which includes, but is not limited to the following: (a) complying with the Customer Identification and Customer Due Diligence Policy and related Branch Operating Procedures; (b) identifying, monitoring and reporting suspicious activity and (c) completing required compliance training in a timely manner, as directed by management MINIMUM QUALIFICATIONS (Knowledge, Skills and Abilities): Knowledge of: Basic Accounting principles, compliance related issues and Federal and State reporting requirements. Proficiency - MS Excel / Word / Power Point, Oracle FlexCube a must Skills: Teamwork, verbal/written skills, and problem solving. Ability to: Work within deadline, interact and work effectively with other departments. Should be able to multi-task and be able to work independently as well as in team environment as required. EDUCATION AND/OR EXPERIENCE: Bachelor’s degree Preferably in accounting, business or finance. Some bookkeeping & accounting experience Leadership skills and initiative Qualities. Must have at least 1 year of experience in a corporate setting Must have working knowledge of Oracle FlexCube.