Accounting and Operations Assistant

Posted August 13, 2019

Union Bank & Trust Company is looking for an Accounting and Operations Assistant to join our team. This position will ensure that the company’s daily accounting functions run accurately and effectively. Proven accounting experience and familiarity with financial reporting required. This position requires an individual that is detail oriented, organized and accurate. Individual must work well with managers and co-workers. This position must possess advanced knowledge and skills in general banking, including but not limited to understanding bank products, services, regulations, policies and procedures. This position will also assist in providing a quality back‑up program, cross-train in other departments, and assist in other areas of the bank when needed. 

Position Functions, Including, but not limited to;


Daily General Ledger to Bank Applications (Assets/Liabilities, Demand Deposit, Savings, CD’s and Loans)

In-house checking accounts

United Bankers Bank, Federal Reserve, and First Data

Fed Funds/Cash Settlement

Monthly Bond Portfolio

Negotiable Instruments (Cashier checks, money orders, etc.)

Check Reconciliation 


Financial Reporting

Budgeting input and proforma projections

FR2900 quarterly report

Monitor and remittance of IOLTA accounts

Unclaimed Property Report

Report and prepare necessary documents for account fraud

Quarterly Call Report preparation 


Operation Functions

Distribute Daily Reports and Notices

Review and Understand Required, Notices, and Statements Daily

Distribute Monthly Consumer Statements and Business Statements

Order, Distribute, and Manage Customer CD ROMS

Knowledge of Fedline, Fedweb, First Data, UBB, Fiserv Applications, and Internet Banking

Process incoming and outgoing Wire Transfers

HIDTA and HIFCA Monitoring and OFAC Searches

Large Item Return Notifications

Process Exceptions Items (Charge-backs, Overdrafts, Non-Posts, Stop Payments, etc.)

Process Bond Portfolio Entries

Process First Data Adjustments and Errors

Research, resolution and required customer notification

Process Internet Banking Files

Know and Understand UMACHA rules and UMACHA SEC Codes

Process and monitor ACH reports

Set up and Maintain customers for ACH Alert/Protech

Fee processing and maintenance on ACH Manager

Cash Letter Adjustment


Accounts Payable

Open new and maintain current vendor information

Enter invoices on APS system & charge correct GL’s

Timely processing of payments-due date sensitive


Education Minimum of an Associate Degree in business, finance and/or accounting preferred 

Experience and Qualifications

FISERV experience preferred

3 years accounting experience including

Strong organizational and computer skills (Excel)                             

Excellent communication skills                             

Ability to research and solve problems independently

Willingness to learn new products and technology

Teller experience preferred                



We offer competitive salaries, great benefits and free parking. We are conveniently located right outside of downtown in SE Minneapolis. This is a union position and is covered under the OPEIU Local 12 contract.


Job Type: Full-time

Salary: $43,825.00 – $48,360 DOQ

Send resumes to

7900 International Drive, Suite 685,

Bloomington, MN 55425

Phone: 651.687.9080

Fax: 651.687.9387

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