• Staff Accountant

    Posted: 04/15/2024

    Job Description Summary 

    The Staff Accountant’s primary responsibilities include core accounting functions such as accounts payable, accounts receivable, general ledger journal entries, reconciliations, and financial reporting.  Additional duties include cash management, performing monthly financial and compliance reporting, and monitoring accounts receivable and accounts payable. The Staff Accountant is integral to our balance sheet management (including interest rate-risk analysis) efforts and to assuring the highest and best use of available capital.

    Core Accounting Functions
    • Record, track, and monitor disbursements, banking transactions, investment funds, securities, and financial instruments.
    • Prepare journal entries, perform account reconciliations, and participate in monthly financial reporting – both internal and external.
    • Maintain strong financial controls and make recommendations for process improvement for the management accounting process.
    • Assists with preparing monthly, quarterly, and year-end financial statements and supporting schedules as needed.
    • Any other duties assigned by the CFO or Deputy CFO.
    Cash Management
    • Maintain the integrity of the movement of deposits and account balances between the Bank’s various lending programs.
    • Review debt service payments and related schedules and monthly accruals for interest payables.
    • Compile relevant financial and industry data; make recommendations to management regarding the Bank’s Comprehensive Annual Financial Report (CAFR).  
    Financial Analysis
    • Perform financial planning and analysis, including researching investment opportunities and economic trends.
    • Maintain performance dashboard to highlight underlying business trends.
    • Creating financial models for decision-making support. Improve financial performance by analyzing results; monitoring variances; identifying trends; and recommending actions.
    • Maintain documentation of the methodologies and entries for audit and control purposes.
    • Assist, as necessary, with all regulatory compliance activities and audit requests.  

    Employment Details 

    • Competitive compensation package commensurate with experience and skills ranging between $55,000-$70,000
    • This position has the potential to operate on a hybrid work model. Candidates selected for any position must be able to come into the office on remote days when required. 
    To View the Staff Accountant full job description, please click here

    Submit a brief cover letter describing why you are the best fit for this position along with resume to careers@riib.org.  Incomplete applications will not be considered.


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