Wire Processor/Accounts Payable

Requirements for Wire Processor/Accounts Payable:

• Minimum of one (1) years related experience
• Bachelor's degree in Accounting, Finance, Business Administration, or related field
• Thorough knowledge of general ledger accounting and accounts payable, GAAP and financial requirements
• Specialized bank finance/accounting education/training
  Proficient in:
  • English (reading, writing, grammar and mathematics)
  • Interpersonal relations and communication
  • PC skills (Microsoft Office)
  • Ability to analyze and interpret financial statements

We offer the following excellent benefits to our Full-Time employees:

• Medical insurance
• Dental insurance
• Vision insurance
• Life Insurance (employer paid)
• 401(k) matching
• PTO (Paid Time Off)
• Paid Federal Bank holidays
• LTD insurance (employer paid)
• Flexible spending account
• Health savings account (employer contribution)
• LifeMart (employee discount program)

Your responsibilities will include:

• Assists with all invoices and purchase orders to ensure they are processed timely and accurately with appropriate documentation and approvals.
• Ensures wires are processed and documented with appropriate approvals.
• Ensures that invoices are properly coded for general ledger and tax reporting.
• Communicate with vendors as needed and manage follow up of needed information.
• Research and resolve invoice discrepancies and payment issues.
• Assist with daily set-up and maintenance of all new and existing vendors, coordinate sending/receiving of vendor information for paying of checks, ACH and Direct Deposit.
• Maintain file and documentation for company.
• Assist with timely receipt of W-9’s and submission of 1099s to appropriate vendors and to the IRS and State.
• Responsible for the administration of the Bank’s Wire Transfer System.
• Assists with transmission of payment messages, services messages related to all wire transfer functions and transactions.
• Ensure all wire transfer transactions are processed in accordance with regulatory requirement and company policies and procedures.
• Knowledge of electronic funds transfer system (Payments Xchange and Federal Reserve) automation capabilities and requirements to promote straight through processing.
• Ability to complete all transactions by established cutoff times while maintaining high quality and accuracy of transactions.
• Demonstrates the ability to handle a high-volume, high-risk process maintaining quality standards with adhering to policy and procedures.
• Ensure wire inquiries and issues are researched and addressed timely and accurately.
• Follow multiple steps to verify all wiring instructions and confirm funds availability per procedures.
• Review wires for fraudulent scams and red flag suspicious activity and communicate directly with compliance staff.
• Consult with head of compliance to investigate on suspicious activity before the wire is released.
• Maintain a thorough understanding of the Federal Regulations that govern wire transfer transactions including, but not limited to, Reg J, Reg E Dodd Frank, bank secrecy and anti-money laundering laws.
• Maintain wire logs for audits.
• Assists with the Disaster Recovery for wires annually.
• Assists with preparation for various audits and regulatory exams by gathering materials, assists with preparation of assigned schedules.
• Implements strategies to achieve goals assigned to the Accounting Department as established in the Finance Division's annual strategic plan; assists in the development of the annual budget for the department and adheres to budget parameters.
• Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.; ensures that the department and all personnel adhere to the same.
  
  

First Commerce Bank is an Equal Opportunity Employer. All qualified applicants receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression, genetic information or any other characteristic protected by applicable law.

First Commerce Bank is dedicated to providing people, businesses, and communities in our markets with high quality products and services with superior customer service. We will provide products and services through secure, user-friendly technology and customer friendly locations. Our relationships are founded in our desire to be responsive to the financial needs of our customers in an atmosphere of personal attention, professionalism, trust, integrity and fairness. First Commerce prides itself on maintaining personal communications beginning with the Board of Directors.