- Lexington, Kentucky, United States
- On-site
- Full-time · Entry
The position of Financial Services clerk is responsible for performing a variety of accounting duties; including FedLine terminal operations; prepares and issues wires; originates the daily position report; processes accounts payable and receivable transactions; balances the Federal Reserve account; performs correspondent account reconciliation; determines fixed assets costs and amortization; post and reconcile investment principal, premium amortization, discount accretion and accrued interest receivable; prepares and completes various state and federal regulatory reports; receives and distributes mail and correspondence; maintains files; and performs other duties associated with the Bank’s general ledger accounts.
Responsibilities
- Processes Federal Funds transactions: prepares worksheets and reports; prepares, issues and reconciles incoming and outgoing wire transfers; calculates excess liquidity for investment; inputs transactions on the FedLine terminal ensuring accuracy and completeness; transfers funds for investment in accordance with Bank policies; follows-up on prepared data to ensure accuracy and a proper paper trail of all transactions.
- Performs monthly certifications to ensure transaction balance to the general ledger; clears out non-posted items daily; ensures accuracy and proper documentation of transactions; follows-up on out-of-balance items to resolve problems as necessary.
- Processes accounts receivable and payable transactions; prepares and issues expense checks; reconciles expense checks to issued statements and the general ledger.
- Reconciles official checks to issued statements and the general ledger.
- Performs call back on general ledger transactions; makes corrections to ensure accuracy and completeness; reconciles and balances correspondent due from and due to bank accounts and statements.