What are the responsibilities and job description for the Senior Financial Accountant position at Fortis Private Bank?
Summary
The Senior Financial Accountant is responsible for preparing and posting journal entries, performing account analysis and reconciliations, generating payroll, calculating, accruing, and paying commissions, audit assistance, internal control maintenance and assisting with the Bank’s regulatory filings and reporting.
The ideal candidate will be able to undertake a variety of tasks and work diligently under pressure. This individual will be comfortable working with a high degree of attention to detail and discretion as well as incorporating new and effective ways to achieve better results.
Responsibilities
- Primary responsibility for daily liquidity monitoring, settlement and bank account reconciliations, including the Bank’s Fed account and correspondent bank accounts.
- Prepares and sends liquidity-related wires and prepare related daily journal entries.
- Prepares and submits semimonthly payroll.
- Calculates and coordinates with Executive Management on quarterly commission accruals and payments.
- Prepares daily general accounting entries and daily, weekly and monthly recons, and several month-end close entries as assigned.
- Performs balance sheet reconciliations including the timely research and resolution of outstanding items.
- Cross-trains and acts as backup to other members of the accounting team, including support of accounts payable and other non-cash daily reconciliations.
- Aids in the preparation and review of the monthly variance analysis.
- Prepares monthly entries related to the Bank’s stock compensation plans.
- Communicates with third-party vendor regarding required tax withholdings on equity compensation events.
- Works with third-party vendor on 401k matters and contribution fundings.
- Assists with and supports the timely and accurate preparation of various financial and regulatory reporting, including monthly financials, annual financial statements, regulatory reporting (Call Report, Y9SP, PDPA, and QCD), sales / use tax returns, property tax / personal tax and 1099 reporting.
- Assists in ensuring the documented system of internal controls, accounting policies and procedures are operating effectively.
- Assists in internal and external audit process.
- Supports compliance with local, state, and federal government reporting requirements and tax filings including tax returns, personal / real property tax, sales and use tax, and 1099s.
- Supports Management in completing special projects, ad hoc reporting and analysis requests.
- Other duties as assigned.
Qualifications
ADDITIONAL INFORMATION
Reporting Structure : Reports to the Vice President, Controller
Office Requirements : This position will follow a hybrid work schedule and is required to work in the office at least 3-4 days per week.
ABOUT FORTIS
Fortis Bancorp is the $1.3 billion bank holding company for Fortis Bank. Fortis Bank is a full-service bank that provides loans, deposits, and cash management services to businesses and their principals, with branch locations in Colorado and Utah. More information about Fortis Bank is available at .
At Fortis Bank, we take great pride in being a commercial banking partner for our clients. Our people enjoy being empowered with the ability to make a tangible impact in a progressive and less bureaucratic work culture that can often be a struggle for larger institutions. We strongly believe in hiring people greater than ourselves and we recognize, reward, and develop those individuals who make an outsized impact to the business. Each of our hand-selected and exceptionally talented teammates contribute to the heart of our company culture that combines banking expertise and personalized services to create an unparalleled level of client experience.
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Join a team where your expertise and passion can make a meaningful impact. Learn more today at .
