Accounting Officer

Company Description

Life Store Bank is a locally owned financial institution based in the mountains of North Carolina, offering a full range of banking and insurance services. The bank is committed to long-term relationships, providing personalized customer service that emphasizes knowing clients by name and delivering convenient extended hours and electronic banking options. Recognized as a strong community partner, Life Store received the Governor’s Award for Volunteerism in 2016.

The Life Store name reflects a dedication to supporting customers’ financial needs at every life stage, and team members take pride in creating a welcoming, relationship-focused experience.

The Accounting Officer is a full-time, on-site role located in West Jefferson, NC. This role processes accounts payable and prepares numerous general ledger reconciliations for Life Store Financial Group and its subsidiaries. Reviews and verifies invoices for accuracy, prepares payments and manages related correspondence and vendor communications in a timely and efficient manner.

Researches and resolves all open payable problems and maintains all payable records.

Responsible for maintaining accurate financial records while ensuring compliance with accounting principles, internal controls and all regulatory requirements.

• Process daily accounting transactions, including accounts payable, accounts receivable and general ledger entries.
• Balances numerous bank and general ledger accounts for the Company on daily and monthly basis.
• Responsible for the payment of all employee expense vouchers.
• Performs vault balancing for all branches, including the weekly money order.
• Maintains all accounts payable files.
• Prepares 1099s annually for Life Store Financial Group and its subsidiaries.
• Performs analysis and research of all open accounts payable problems.
• Manages all automatic bill payments.
• Maintain files on W-9s for all vendors.
• Bills tenants for Utility and Rent Monthly.
• Supports internal and external audits by gathering requested documentation.
• Assists other departments in general ledger-related issues.
• Assists in other accounting duties on an as needed basis.
• Adheres to all company and compliance policies and procedures.

• Bachelor’s degree in accounting
• Computer Skills including Word, Excel and other computer applications
• Excellent Communication Skills – Verbal and Written
• Ability to handle confidential information with discretion
• Ability to meet deadlines and work with limited supervision
• Strong analytical and problem-solving skills

Vision, hearing, speech, movements requiring the use of wrists, hands and/or fingers.

Moderate time spent standing.

May be required to lift up to 50 pounds occasionally.

Vision abilities require high level of visual concentration and keyboarding proficiency.

There are generally no hazardous or significantly unpleasant conditions present in the location of this position.

Learning, thinking, concentration, the ability to interact with others, the ability to exercise self-control, and the ability to work under stressful conditions, particularly in customer and employee relations situations.

Employees are expected to perform other duties as assigned and directed by management and adhere to all company and compliance policies and procedures, including the Bank Secrecy Act.

Job description and duties may be modified when deemed appropriate by management.