Byline Bank

Sr. Accountant (Hybrid-Chicago, IL)

Byline Bank$72K — $89K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting or Finance; Master's degree/CPA preferred.
  • 3+ years of general accounting, public accounting and/or banking experience.
  • Proficiency in Microsoft Office, particularly Excel, PowerPoint, and Word.
  • Solid knowledge of accounting standards and reporting processes.
  • Familiarity with financial software such as Prologue, FIS, BlackLine, and/or BankTel/Ascend is advantageous.
  • Strong technical and analytical skills needed.
  • Excellent verbal and written communication skills.
  • Ability to thrive in a fast-paced, dynamic environment.

Responsibilities

  • Prepares and reviews journal entries, account reconciliations, and financial schedules for monthly and annual close.
  • Manages Finance technical areas including cash, investments, and loans.
  • Researches and resolves aged items timely to maintain accuracy.
  • Analyzes financial transactions and statements for accuracy and compliance.
  • Manages payroll funding processes and general ledger entries.
  • Investigates discrepancies in accounting records and reports.
  • Supports preparation of schedules for SEC and regulatory reports.
  • Contributes to internal and external audits and special projects as assigned.
  • Ensures compliance with bank policies and GAAP standards.
  • Enhances internal controls and identifies process inefficiencies.

Benefits

  • Work-life flexibility with a hybrid working model.
  • Medical, dental, and vision coverage.
  • Disability and retirement benefits (401k).
  • Paid time off and additional benefits programs.
  • Commitment to equity in compensation reviews.
Full Job Description
Objective of Position: The Sr. Accountant is responsible for supporting month-end close activities, preparing and reviewing accounting transactions and assisting in the preparation of various schedules for interim and annual financial statements, and regulatory filings. This role ensures the accuracy, completeness, and compliance of financial records in accordance with U.S. Generally Accepted Accounting Principles (GAAP) and applicable regulatory requirements.

Duties and responsibilities:

  • Prepares and reviews general ledger journal entries, account reconciliations, and supporting schedules for monthly, quarterly, and annual close.
  • Responsible for key Finance technical areas, which include, but are not limited to cash, investments, loans, deposits, other assets and liabilities.
  • Researches outstanding items to ensure timely and proper resolution of aged items.
  • Reviews, prepares and analyzes accounting transactions, financial statements, and related reports to assess accuracy and completeness, and provide variance explanations for both internal and external analysis.
  • Processes payroll funding and related general ledger entries.
  • Investigates and resolves inconsistencies in journal entries, documents, and reports.
  • Assists with preparation of schedules to support U.S. Securities and Exchange Commission and regulatory reports to the Federal Deposit Insurance Corporation, Federal Reserve Bank, and Federal Home Loan Bank.
  • Provides support for internal and external audits, special projects, and ad hoc requests as needed.
  • Complies with and assists in updating, interpreting, and implementing accounting and bank policies and procedures.
  • Ensures record systems and procedures are maintained in accordance with GAAP and regulatory requirements.
  • Maintains and enhances internal controls in accordance with internal control frameworks.
  • Identifies control gaps or process inefficiencies and recommends improvements.
  • Communicates effectively and collaborates with business partners and other bank departments, internal audit and external parties.
  • Commitment to continuously improve the automation of accounting and reporting processes.
  • Provides guidance, mentorship and training as needed.
  • Performs other duties as assigned.


Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Qualifications:

  • Bachelor's Degree in Accounting or Finance. Master's degree and/or CPA preferred.
  • 3+ years of general accounting, public accounting and/or banking experience.
  • Proficiency in Microsoft Office applications, with emphasis in Excel, PowerPoint, and Word.
  • Solid knowledge of accounting standards, processes, reporting and systems.
  • Familiarity with Prologue, FIS, BlackLine, and/or BankTel/Ascend is a plus.
  • Strong technical and analytical skills required.
  • Excellent communication skills both verbally and in writing.
  • Ability to work in a challenging and fast-paced environment.
  • Demonstrates ability to multi-task and manage changing priorities and deadlines, with attention to detail and an ability to work both independently and in a team environment.


Physical Demands/Work Environment:
Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.

At Byline Bank, we value work-life flexibility and support a hybrid work environment for this position. This role allows for a combination of remote and in-office work, with occasional visits to the office based on business needs. Specific in-office days may vary and will be discussed during the interview process.

Compensation & Benefits:
Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels.

The salary range for this position is between $72,000 to $89,000 + incentive

In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more! Depending on the specific role, compensation may also include discretionary bonuses and other benefit programs. The actual compensation package may vary based on factors such as skill set, experience level, and candidate's location.

Additional Information:
If applying within the US, this role is not eligible for visa sponsorship now or in the future.

Note to Recruitment Agencies and Third-Party Recruiters:
Byline Bank kindly requests that third-party recruiters, staffing agencies, and recruitment firms refrain from submitting resumes or candidate profiles without a prior agreement in place. Any unsolicited submissions will be considered property of Byline Bank, and no fees will be paid for placements resulting from such submissions. We appreciate your understanding and cooperation.

About Byline Bank

Byline Bank is a full-service commercial bank that offers a range of financial products and services to individuals and businesses. The bank was founded in 1978 and is headquartered in Chicago, Illinois. Byline Bank operates more than 50 branches throughout the Chicago metropolitan area and in Wisconsin. The bank's services include personal and business banking, commercial lending, and wealth management. Byline Bank is committed to providing its customers with personalized service and innovative solutions to help them achieve their financial goals.
Learn more about Byline Bank
Size
1,000 employees
Industry
Founded
1914

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