ACH Wire Clerk

Job Description

POSITION: Assistant Financial Officer

DATE: June 2024

REPORTS TO: CFO

APPROVED BY: HR / CFO

POSITION TYPE: Exempt

The FNB Community Bank, Vandalia, IL

The FNB Community Bank is a locally owned financial institution serving customers in Bond, Fayette, and Marion Counties. Established in 1865, the Bank currently has seven locations in the following communities: Vandalia, Patoka, Ramsey, Greenville, and Mulberry Grove.

Position Overview

The Assistant Financial Officer is a key member of the financial team, supporting the CFO in managing the bank's financial operations. This role involves a range of duties from detailed accounting tasks to financial analysis and reporting.

Responsibilities

  1. Financial Operations:
    • Manage Accounts Payable to ensure timely payments and accurate record-keeping.
    • Perform General Ledger Account Reconciliation to maintain financial integrity.
    • Conduct Official Bank Check Reconciliation to track and reconcile bank drafts.
    • Handle General Bookkeeping duties to support financial records.
    • Maintain Subsidiary Ledgers for accounts including Fixed Assets, Prepaid Expenses, and Accrued Income and Expenses.
  2. Budget and Accounting:
    • Assist in budget preparation and management.
    • Ensure accurate financial reporting and compliance with accounting standards.
  3. Financial Analysis:
    • Analyze financial data to support strategic decision-making.
    • Provide insights into financial performance and growth opportunities.
    • Monitor budget performance, identify variances, and recommend adjustments as needed.
  4. Financial Reporting:
    • Generate regular financial reports for board, management, audit, and regulatory purposes.
    • Analyze financial data to identify trends, risks, and opportunities.
  5. Risk Management:
    • Collaborate with the risk management team to assess financial risks and implement mitigation strategies.
    • Monitor compliance with internal controls and policies.
  6. Collaboration:
    • Work closely with other departments (e.g., lending, operations, compliance) to ensure seamless financial operations.
    • Support the CFO in strategic decision-making by providing financial insights.

Physical Demands

  1. Language Skills:
    • Ability to read, analyze, and interpret business and professional documents.
    • Proficient in writing reports, business correspondence, and procedure manuals.
    • Capable of effectively presenting information to various stakeholders.
  2. Mathematical Skills:
    • Work with mathematical concepts such as probability and statistical inference.
    • Apply mathematical concepts to practical situations using fractions, percentages, ratios, and proportions.
  3. Reasoning Ability:
    • Solve practical problems with limited standardization.
    • Interpret various forms of instructions, whether written, oral, or diagrammatic.
  4. Other Skills and Abilities:
    • Operate office equipment including telephones, copiers, fax machines, PCs, and printers.
    • Proficient in computer applications.

Qualifications

  • Bachelor's degree in Accounting, Finance or a related field.
  • Experience in banking or financial operations preferred.
  • Strong analytical, organizational, and multitasking skills.
  • Excellent communication and interpersonal abilities.
  • Detail oriented