Senior Grant Accountant & Payroll Administrator (Buffalo Promise Neighborhood) - Hybrid at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

EducationIndustries

Requirements

Detail-oriented and mission-driven mindset
Thrives in a collaborative environment
Enjoys solving complex financial challenges
Passionate about education and community impact
Ability to perform technical research using multiple sources and suggest insightful conclusions
Understanding of and adherence to financial controls, company risk and regulatory standards, policies, and controls
Ability to identify risk-related issues needing escalation to management

Responsibilities

Manage Westminster Community Charter School’s payroll administration, including biweekly processing, maintaining personnel payroll records, ensuring payroll system functionality for compliance with CBAs, governance, and retirement reporting
Track and report complex allocations across multiple programs, projects, and reporting periods
Perform daily, monthly, quarterly, and annual fund accounting and reporting procedures
Prepare journal entries and cash reconciliations
Develop budgets, forecasts, and cash-flow reports
Monitor expenses relative to segregated funds within each entity supported
Track allocations for pledges and services provided in-kind to Buffalo Promise Neighborhood and Westminster Community Charter School
Perform problem resolution, data interpretation, variance analysis, and ensure timely submission of reports
Prepare monthly financial statements for board meetings and management presentations
Alert Senior Management of potential shortfalls and other fiscal issues
Prepare, analyze, and review financial, tax, and regulatory information; support outside audit and tax preparation work
Serve as primary contact for grant administration financial reporting and closeout functions
Create and analyze financial reports, monitor grant budgets, and develop efficient accounting procedures in accordance with applicable law
Ensure adherence to guidelines and policies and that grant funds are expended in compliance with federal, state, and local grantor agency regulations
Provide information to Senior Management, auditors, and other interested parties while ensuring quality of data
Adhere to financial controls
Participate in special projects and cross-functional initiatives
Interact with school and BPN personnel to communicate results/changes
Ensure success through shared responsibility of team workload to achieve department/project objectives (volume, quality, timeliness, and end results)
Understand, adhere to, and contribute to improvement/timeliness of deliverables and process efficiency

Skills

Payroll Processing

Grant Accounting

Accounts Payable

Accounts Receivable

Budgeting

Forecasting

Financial Reporting

Audit Preparation

Tax Preparation

Retirement Plan Reporting

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.

Integration challenges from the United Bank merger may disrupt operations.

Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.

The bank offers a wide range of traditional and digital banking services.

Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.

Decreased prime rate may attract more borrowers, increasing loan volume.

Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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