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Senior Accountant

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Job Description - Senior Accountant

First Federal Bank of Kansas City is one of the largest mutually owned banks in the Midwest and has been a strong banking and lending partner to families in Kansas and Missouri for decades. We are a community-oriented, culture-focused, progress-driven organization on a mission to help people, businesses, and communities build a better financial future.

At First Federal, you’ll be supported by diverse, talented, energetic individuals moving toward a common vision of prosperity and a home for all. You’ll have boundless opportunities for growth – whether it’s personal or professional development to reach your career goals, company events to strengthen your connections, or volunteer work to champion our community partners.

Your success is our success. When our employees feel valued, our customers feel valued, and our community grows.

Hear what our team members have to say: https://www.youtube.com/watch?v=GNPKmutbydo

Are you a numbers wizard with a passion for financial accuracy and strategic insight? First Federal Bank of Kansas City (FFBKC) is on the lookout for a dynamic Senior Accountant to join our dedicated team.

As a Senior Accountant specializing in General Accounting, Budgeting, and Variance Analysis at First Federal Bank of Kansas City, you will play a pivotal role in our financial management team. In addition to managing fixed and prepaid assets, you will be responsible for tracking investments, processing accounts payable, overseeing internal accounts, and assisting in budget planning and variance analysis. This multifaceted role requires strong analytical skills, attention to detail, and the ability to communicate financial insights effectively.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Takes an active leading role in assigned portions of the bank-wide budgeting process, including collaboration with department owners to develop annual operating budgets and forecasts.
  • Monitors budget performance on a regular basis and provides insightful variance analysis to identify trends and areas for improvement.
  • Analyzes financial results and works with business leaders to identify opportunities to improve efficiencies and income.
  • Responsible for accounting for investment transactions and tracks results accurately and timely.
  • Owns the accounting for fixed assets, including capitalization, depreciation, and disposal, in accordance with GAAP and banking regulations.
  • Maintains accurate records of prepaid expenses, including tracking renewals, and other assets, reconciling balances and ensuring proper expense recognition.
  • Prepares comprehensive reports on financial performance and presents them to senior management.
  • Assists in month-end, quarter-end, and year-end close processes, including preparing, approving and posting journal entries, reconciling various accounts to subledgers and external documentation, financial statement preparation and analysis.
  • Records daily transactions and reconciles accounts daily.
  • Researches potential errors and unexpected trends.
  • Aid in reviewing invoices, facilitating their approval by the proper staff, and processing payments.
  • Serves as backup for the Senior Accounting Specialist position.
  • Complies with all applicable banking laws and regulations, including, but not limited to, the Bank Secrecy Act, USA Patriot Act, and related anti-money laundering statutes; and, federal consumer protection legislation and regulations.

ABOUT YOU

  • Bachelor’s degree in Accounting, Finance, or related field; CPA designation preferred.
  • 3 years+ of progressive experience in accounting roles, with a focus on month-end activities, budgeting, variance analysis.
  • High EQ, works well in a collaborative setting
  • Strong understanding of GAAP.
  • Proficiency in financial software and ERP systems; strong experience with Excel is a must.
  • Effective communication skills with the ability to present complex financial information to non-financial stakeholders.
  • Detail-oriented mindset with a commitment to accuracy and meeting deadlines.

PERKS OF THE JOB

  • Flexible hybrid work model (Tuesday - Thursday in office, Mondays and Fridays work from home)
  • A supportive team environment
  • Opportunities for professional growth and development
  • Competitive salary and benefits

If you're ready to leverage your accounting expertise in a role that makes a difference, apply now to join First Federal Bank of Kansas City! 

Note: The purpose of this document is to provide a general summary of essential responsibilities and requirements for the position and is not meant as an exhaustive list.

First Federal actively seeks to recruit and hire protected veterans.

First Federal Bank is committed to providing equal employment opportunities to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity, or any other legally protected category.

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