Accounting Manager

Midland Federal Savings & Loan Association

8929 South Harlem Avenue, Bridgeview, IL 60455

Accounting Manager

Full-Time | On-Site | Bridgeview, IL | Up to $80,000

About This Role

Midland Federal Savings is a federally chartered mutual savings institution serving the Chicagoland community. We are looking for an Accounting Manager to own the month-end close, accounts payable operations, and general ledger reconciliations. You will report to the VP Controller.

This is a hands-on role at a regulated financial institution. If you are a Senior Accountant ready to step into a leadership position with direct ownership of the close process, this is your opportunity.

Responsibilities

Month-End Close

• Lead the full month-end close cycle, including preparation and posting of all recurring and variable journal entries.

• Prepare prepaid expense amortization schedules. Review new invoices, classify treatment, and maintain the prepaid inventory.

• Prepare investment-related entries and coordinate with the investment custodian and broker for monthly source data.

•  Prepare financial statements, trial balance review, and variance analysis.

Accounts Payable

• Own the full AP cycle: invoice receipt, coding, approval routing, entry, and payment processing.

• Manage vendor relationships, W-9 collection, and annual 1099 reporting.

•   Review invoice coding against the chart of accounts and ensure proper classification of prepaid vs. operating expenses.

•  Process check runs and wire payments. Maintain the AP aging schedule.

•  Resolve vendor discrepancies, duplicate payments, and missing documentation.

Reconciliations

• Perform monthly GL reconciliations: bank accounts, investment accounts, accrued interest, prepaid assets, and accrued liabilities.

•  Investigate and resolve reconciling items. Maintain organized documentation for audit support.

•  Support quarterly CECL documentation and coordinate with external consultants.

Regulatory and Audit Support

• Support quarterly Call Report preparation with accurate GL-to-schedule mapping.

• Prepare workpapers for the annual PCAOB audit and respond to regulatory examination requests.

QualificationsRequired

• Bachelor's degree in Accounting, Finance, or related field.

•  3 to 5 years of accounting experience including month-end close, journal entries, and GL reconciliations.

•  Strong understanding of U.S. GAAP and accrual-basis accounting.

•  Advanced Excel skills: formulas, pivot tables, multi-tab workbook design.

•  Detail-oriented with a commitment to accuracy and traceability.

•   Ability to work independently and manage the close calendar.

Preferred

• Experience in banking or financial institution accounting.

• Experience with Call Report preparation or investment accounting.

What We Offer

• A seat at the table with visibility into regulatory reporting, audit, and executive leadership.

• Opportunity to build and improve accounting systems and controls.

• Competitive salary and benefits package.