Senior Accountant at First Federal Savings Bank in Twin Falls, Idaho

Job Description:

Why work for First Federal Bank?  

Our company culture is driven by our desire to serve our members and communities, something we have done for over 100 years. Along with doing meaningful work, enjoy perks and benefits that come along with being part of Idaho’s only mutual bank – no stockholders or majority owners, just our account members! Eligible First Federal Bank employees receive paid vacation, sick leave, and holidays; health insurance, dental insurance, and vision insurance; 401(K) retirement; educational assistance; life insurance; and long-term disability insurance. Employees also receive paid community service hours and can participate in our Pay-It-Forward program to give back to the communities we serve. In addition, the First Federal Foundation has provided over $1.4 million to local non-profits since 2003. For a meaningful job and to be part of a community-focused team, as well as much more, apply today at www.bankfirstfed.com/careers.

Essential Duties and Responsibilities

• Performs all job duties related to payroll processing and accounting.


• Prepares reports for the Controller on the state of the bank’s finances, revenue, and expenditures; recommends/develops new procedures for improved financial record maintenance and financial reporting.


• Complete general ledger accounting, reconciling GL and bank control accounts, accounts payable, receivables and financial statement preparation.


• Oversees assigned bank software applications including administration and user training.


• Performs data analysis and assists in cost accounting and allocation including organizational and profit/cost center profitability and reporting.


• Provides accounting expertise to all lending and deposit applications, and front-line personnel.


• Assists in the preparation and submission of the quarterly regulatory report to the Office of the Comptroller of the Currency (OCC).


• Performs assigned responsibilities in regard to internal audits, independent external audits, and regulatory examinations.


• Assists with pledging loans to the Federal Reserve Bank and Federal Home Loan Bank of Des Moines.


• Performs all job duties in compliance with all banking acts, laws and regulations applicable to the accounting function.

Non-Essential Duties and Responsibilities

• Assist in month-end and year-end closing.


• Assist in the preparation of the bank’s budgets and monthly analysis of budget variance.


• Assist with internal audits, external audits, and annual regulatory examinations.


• Assist in gathering and compiling data for the calculation of CECL (Current Expected Credit Loss).


• Assist in ensuring timeliness and accuracy of the financial statements.


• Assist in preparation of annual audited consolidated financial statements.


• Assist in preparation of supporting detail for annual tax return.


• Assist in managing pledged collateral.


• Assist in providing cross training and back-up to various functions within the accounting department. 
  

Qualifications Required

Required education may be satisfied by experience and/or working knowledge.

A Bachelor’s degree in Business, Finance or Accounting with at least 5 years of accounting and/or finance experience.  Must possess an extensive experience with spreadsheets, word processing, data base and accounting-related software products.  Must display proficiency with Microsoft Office Suite products to include a high-level working knowledge of Excel, including creating and formatting complex spreadsheets, charts, and pivot-tables.

Physical Requirements and Working Conditions

Sitting for extended periods of time, requires close visual acuity and the ability to work and operate computer applications and equipment including, copy machine, telephone, scanner, and other basic business equipment.  Some infrequent travel is required for training and branch/department visitations.  The job is within the normal office environment range.

Qualifications Preferred

A Bachelor’s degree in Accounting or Finance is preferred, along with a minimum of 5-10 years of accounting experience in a banking environment.  CPA designation is preferred.  Profit/cost accounting background to include system design, implementation, and allocation experience is preferred.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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