Midwest BankCentre is proud to be recognized as one of St. Louis’ Top Workplaces for the last four consecutive years! 
 

Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest BankCentre!
 

Why Midwest BankCentre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.

We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.

Objectives of this Role

The Staff Accountant will report to the VP, Director of Accounting and Financial Reporting and will be responsible for performing highly specialized work in maintaining accounting records of the Bank and maintain accurate, timely and meaningful production of financial and regulatory reports.

Essential Functions

• Maintain the integrity of the Bank’s general ledger.
• Understanding of accounting rules (i.e., generally accepted accounting principles) and bank regulations and be able to maintain compliance with both.
• Accounting for the investment securities portfolio, as well as daily pledging related to public funds and repurchase agreements.
• Daily settlement of cash position for the Bank and reconcilement of Due From’s.
• Verify that all adjustments for month-end accruals for revenue and expenses, prepaid asset amortization and other closing entries are properly recorded to maintain accurate financial records in accordance with GAAP.
• Assist with the month end closing process; review financial results for accuracy and completeness.
• Reconcile assigned general ledger accounts according to appropriate timeframes and requirements.
• Investigate general ledger reconciling items and take the necessary actions to ensure they are cleared timely.
• Understand the process and act as a back-up to the accounts payable associate.
• Assist in the annual escheatment process.
• Complete the quarterly Regulation F review.
• Maintain stale dated official check letters/documentation to customers.
• Maintain the QwickRate CD system and all correspondence between the bank/deposit operations and the customer
• Develop procedures that ensure ongoing adherence to all internal and external control requirements related to areas of responsibility.
• Prepare Annual Footnote Schedules as assigned.
• Assist with providing a response to periodic surveys as requested by regulatory authorities.
• Comply with all audit and regulatory requirements.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities are as required and may change at any time with or without notice.

Competencies

• Customer Centric Focus
• Diversity and Inclusion
• Act with Integrity
• Collaboration and Teamwork
• Results Oriented/Execution
• Business Acumen

Skills and Qualifications

• Bachelor’s degree in accounting or finance.
• One or more years accounting experience or an equivalent combination of education and experience.

• Working knowledge of GAAP accounting issues as they relate to the banking industry.
• Experience working with accounting and reporting systems such as Jack Henry.

• Ability to analyze, research, present, and coordinate.
• Excellent communication, customer service, and time management skills.
• Ability to pass a background check.
• Strong dedication to accuracy and efficiency.
• Ability to work extended hours as required.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. 

While performing the duties of this job, the employee is regularly required to talk or hear. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.  

Ready to Make Your Mark? If you're passionate about banking with a purpose and ready to take the next step in your career, we want to hear from you! This is an excellent opportunity for individuals with commercial credit experience who are eager to contribute to our community-focused mission.

Why Join Us:

• Community Focus: Be part of a community bank that values and actively supports the St. Louis area.
• Competitive Compensation: We offer a comprehensive salary and benefits package.
• Professional Growth: Opportunities for continuous learning and development.
• Impactful Work: Play a key role in shaping the credit strategy and success of our organization.
• Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply for jobs unless they meet every listed qualification. Midwest BankCentre is recognized nationally for its Diversity, Equity, and Inclusion practices and embraces these practices as a competitive advantage.

If you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be the right candidate for this or other Midwest BankCentre roles!

AAP/EEO Statement

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.