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Corporate Accountant

Employment status
Job description

Assists in general accounting duties and works to maintain Bank accounting records.  Prepares monthly financial operating statements; reconciles closing reports.  Monitor and reconcile activity in multiple general ledger accounts.  Manage fixed asset database and reporting.  Calculate quarterly and monthly bonus and other incentive payouts and accruals for Bank and Holding Company.  Maintain records of Frandsen Investments commissions earned, providing timely reporting to management.

Desired Skills

  • Provide friendly, efficient services to Frandsen Financial Corporation internal customers through timely resolution of inquiries.
  • Manage month end, quarter end and yearend FMS financial close.
  • Responsible for monthly financial reporting process on Profitstar; run and balance monthly downloads, create and validate reports for reporting groups and distribute within 5 business days after each month-end.  Reporting will include monthly income/expense, balance sheet, ratio reporting, branch allocation information, profitability statements for bonus calculation and accrual purposes, goal tracking, interest margin analysis, and other reports as requested. 
  • Work with CFO and Controller to develop and continuously improve monthly reporting and analysis of financial results to bank management team.  Prepare ad hoc Profitstar reports as requested.
  • Assist with the maintenance of FMS general ledger chart of accounts and updating FMSR reports.

Preferred Experience

  • An undergraduate degree in finance or accounting is required.  Several years of experience may be substituted for the degree.
  • A Master’s degree and/ or CPA is preferred but not required.
Job location
4388 Round Lake Road West
Arden Hills, MN 55112
Benefit packages*
  • High-deductible health plan with 100% preventive services (in network)
  • 100% coverage for preventive prescription medications
  • Flexible spending account
  • Life, accident, and disability insurance options
  • Dental and vision plan options
  • 401(k) and profit sharing
  • Employee assistance program
  • Additional benefits may apply to specific companies

*Available to qualified full-time employees

Company Awards
About Frandsen Financial Corporation

Frandsen Financial Corporation is an interstate bank holding company that owns full-service community banks in Minnesota, Wisconsin, and North Dakota. With over $2.7 billion in assets, FFC currently operates Frandsen Bank & Trust offices in over 35 locations (Member FDIC), along with Bank of Zumbrota and Pine Island Bank, which were purchased in December 2021.

FFC was founded in 1982 when Dennis Frandsen purchased Fidelity State Bank in Luck, Wisconsin. Since then, the company has concentrated on acquiring and operating high-quality community banks that provide a wide array of services to their clients. FFC supports its banks by providing data processing, accounting, regulatory reporting, auditing, human resources, policy management, marketing, and other services that allow bankers to spend more time developing relationships with customers. FFC works with its banks to provide excellent service to their customers, to play vital roles within the communities they serve, and to utilize the resources of FFC to develop new business connections. All products and services are provided in a true community banking environment where the customer is cared for in a way that nurtures a long-term relationship.

Frandsen Financial Corporation is an affirmative action and equal employment opportunity employer.