Corporate Accountant

Pyramax Bank - Milwaukee, WI

Full-time - Entry Level

Milwaukee, WI

Credit Intermediation and Related Activities

About the position

The Corporate Accountant at Pyramax Bank is responsible for maintaining accurate financial records and ensuring compliance with established accounting policies and procedures. This role focuses on recording journal entries, managing the General Ledger, and preparing various financial reports, with an emphasis on accruals, investments, and daily reconciliations of bank correspondent accounts. The position plays a crucial role in supporting the financial health of the organization through accurate financial reporting.

Responsibilities

• Prepare and maintain accurate financial statements and reports in accordance with GAAP.
• Record journal entries and maintain the general ledger, ensuring all transactions are accurately reflected.
• Conduct and review assigned monthly reconciliations of internal DDA and balance sheet accounts.
• Daily balancing of the bank's correspondent bank account, including monitoring liquidity throughout the day.
• Manage the accounting records for the bank's investment portfolio.
• Maintain accounting records for the bank's purchased mortgage loan portfolio.
• Prepare reports for SEC and Call Report regulatory reporting.
• Manage and process prepaid expenses and accruals, ensuring accurate accounting and reporting.
• Track payables and receivables to ensure timely and accurate reporting.
• Analyze financial data to identify trends and variances, providing insights to management.
• Support audits by preparing necessary documentation and responding to inquiries.
• Backup the fixed assets management process, including tracking, depreciation, and disposal.
• Collaborate with internal departments to provide financial insights and support decision-making.
• Perform all other duties as assigned.

Requirements

• Bachelor's or Associate's Degree in Accounting or Finance.
• Minimum of 2 years of accounting experience, preferably in a banking or financial services environment.
• Proficient in Microsoft Excel, with demonstrated knowledge of VLOOKUP and pivot tables.
• Strong understanding of accounting principles and regulatory requirements.
• Excellent analytical and problem-solving skills.
• Attention to detail and a commitment to accuracy.
• Strong communication and interpersonal skills.

Nice-to-haves

• Accounting firm experience a plus, but not essential.

Benefits

• Generous Paid Time Off (PTO) pool, with new hires starting with PTO and receiving an additional 144 hours each January 1st.
• PTO increases by 40 hours after each 5th year of employment (up to 15 years).
• Unused PTO may be rolled over to the next year or paid out.
• PTO Purchase Program allows purchasing an additional 40 hours of PTO.