What are the responsibilities and job description for the Staff Accountant position at Paragon Bank & Paragon Financial Solutions?
Paragon Bank and Paragon Financial Solutions offer a unique blend of big bank products and community bank service. As a locally owned and operated financial institution in Memphis, TN, Paragon is committed to serving the community with personalized banking experiences. Their team of experienced professionals provides comprehensive banking solutions both online and in-person. At Paragon, the focus is on delivering exceptional service with a local touch to meet the needs of their clients. Paragon Bank is a Member FDIC and an Equal Housing Lender.
JOB SUMMARY
This is a full-time on-site role for a Staff Accountant, located in Memphis, TN. The Staff Accountant is responsible for supporting the Bank’s accounting operations, ensuring accurate financial reporting, maintaining compliance with regulatory requirements, and assisting with month-end and year-end close processes. This role plays a key part in safeguarding the Bank’s financial integrity and supporting daily accounting functions.
PRIMARY RESPONSIBILITIES
- Reconcile balance sheet accounts (daily and monthly), while ensuring that items are cleared in a timely manner
- Prepare daily and monthly journal entries
- Perform month-end expense analysis, loan fee and charge-off reports
- Assist with month-end, quarter-end, and year-end closing activities
- Preparation of Daily Statement and internal management reports
- Assist with regulatory and audit requests (FRB, State, internal/external auditors)
- Prepare monthly regulatory reports
- Assist with coding and processing accounts payable
- Maintain accurate documentation and accounting records
- Participate in process improvements and internal control enhancements
REQUIRED KNOWLEDGE AND SKILLS
- Strong understanding of Generally Accepted Accounting Principles (GAAP)
- High attention to detail and accuracy
- Must be proactive and forward thinking to ensure ongoing customer satisfaction
- Must be able to implement new processes and enhance current processes to improve overall efficiency and workflows
- Strong organizational and time-management skills
- Ability to handle confidential financial information with discretion
- Excellent written and verbal skills
REQUIRED EXPERIENCE
- Must have 5 years of experience with general ledger accounting and reconciliations
- Must have 5 years of accounting experience with a banking or financial institution
- Must have 5 years using core banking systems
- 3 years of experience using Office (Word, Excel, Outlook)
- 5 years of experience using accounting software
REQUIRED EDUCATION
- Bachelor’s degree in Finance, Business, Accounting, or related field