Junior Accounting Clerk
Role: Junior Accounting Clerk
Location: New York City (Downtown Financial District)
Purpose of Role:
The Junior Accounting Clerk supports the organization's financial operations by ensuring accurate records, maintaining regulatory compliance, and assisting with audits. This role is key to managing inter-branch and inter-bank accounts, and preparing financial reports. Collaborating with manager and senior staff, the Junior Accounting Clerk helps uphold transparency and accountability while promoting continuous improvement in financial practices.
Major Responsibilities:
? Manage and respond to confirmation requests from financial institutions, ensuring timely and accurate communication.
? Oversee the maintenance of approved budgets and track holidays observed by the Federal Reserve System using the AS/400 system.
? Collaborate with independent auditors to facilitate the external audit process and assist in addressing any findings from audits or regulatory examinations.
? Prepare and organize documentation for various audit examinations, including internal and external audits.
? Monitor and maintain exchange rates for major currencies in the AS/400 system, ensuring up-to-date information is readily available
? Generate and report on monthly asset deposits from branches and agencies of foreign banks.
? Conduct reconciliations for Nostro/Due from Bank Accounts (including filing MT950), ensuring accuracy and compliance with regulatory standards.
? Compile and submit reconciliations for inter-branch accounts and manage the approval process.
? Review and validate accounting reports using the Report Processing Query System (RPQS).
? Compile financial data for regulatory reporting, including the Report of Transaction Accounts and Vault Cash (FR 2900).
? Control the receipt and utilization of blank official check stock and ensure accurate imaging of cleared checks.
? Organize daily transaction documentation and maintain accurate records for internal processes.
? Verify financial data related to liabilities and communicate findings to the Funding Division.
? Ensure the integrity of general ledger and sub-ledger accounts within the AS/400 system.
? Undertake additional responsibilities as assigned by management to support the overall objectives of the finance team.
Skills, Competencies and Experience Preferred:
? An Associate or Bachelor's degree in Accounting, Finance, or a related field is preferred.
? Strong attention to detail and excellent organizational skills.
? Proficiency in accounting software, particularly AS/400, and Microsoft Office Suite (Concentration in Excel and Outlook)
? Effective communication and interpersonal skills, with the ability to work collaboratively.
? A proactive approach to problem-solving and a commitment to continuous improvement.
? Bilingual in Mandarin / English
Apply Now
Location: New York City (Downtown Financial District)
Purpose of Role:
The Junior Accounting Clerk supports the organization's financial operations by ensuring accurate records, maintaining regulatory compliance, and assisting with audits. This role is key to managing inter-branch and inter-bank accounts, and preparing financial reports. Collaborating with manager and senior staff, the Junior Accounting Clerk helps uphold transparency and accountability while promoting continuous improvement in financial practices.
Major Responsibilities:
? Manage and respond to confirmation requests from financial institutions, ensuring timely and accurate communication.
? Oversee the maintenance of approved budgets and track holidays observed by the Federal Reserve System using the AS/400 system.
? Collaborate with independent auditors to facilitate the external audit process and assist in addressing any findings from audits or regulatory examinations.
? Prepare and organize documentation for various audit examinations, including internal and external audits.
? Monitor and maintain exchange rates for major currencies in the AS/400 system, ensuring up-to-date information is readily available
? Generate and report on monthly asset deposits from branches and agencies of foreign banks.
? Conduct reconciliations for Nostro/Due from Bank Accounts (including filing MT950), ensuring accuracy and compliance with regulatory standards.
? Compile and submit reconciliations for inter-branch accounts and manage the approval process.
? Review and validate accounting reports using the Report Processing Query System (RPQS).
? Compile financial data for regulatory reporting, including the Report of Transaction Accounts and Vault Cash (FR 2900).
? Control the receipt and utilization of blank official check stock and ensure accurate imaging of cleared checks.
? Organize daily transaction documentation and maintain accurate records for internal processes.
? Verify financial data related to liabilities and communicate findings to the Funding Division.
? Ensure the integrity of general ledger and sub-ledger accounts within the AS/400 system.
? Undertake additional responsibilities as assigned by management to support the overall objectives of the finance team.
Skills, Competencies and Experience Preferred:
? An Associate or Bachelor's degree in Accounting, Finance, or a related field is preferred.
? Strong attention to detail and excellent organizational skills.
? Proficiency in accounting software, particularly AS/400, and Microsoft Office Suite (Concentration in Excel and Outlook)
? Effective communication and interpersonal skills, with the ability to work collaboratively.
? A proactive approach to problem-solving and a commitment to continuous improvement.
? Bilingual in Mandarin / English
Apply Now