Sr Accountant

Description

Business Title:  Sr Accountant

Job Purpose:
Primary responsibilities will include providing a range of accounting analysis, financial reporting and support and coordination of projects in the department, including activities related to the maintenance of complete and accurate general ledger account reconciliation and reporting. Additional responsibilities include staying up to date on any changes to accounting or financial reporting guidelines and implementing those changes.

Key Responsibilities:

This position will assist the Controller in carrying out the goals and policies of the Accounting Department.

• Assists the Controller in coordinating all accounting functions to ensure accurate and timely reporting of Bank’s financial statements and month-end closing process.
• Assists the Controller in developing, documenting, and maintaining the internal financial controls consistent with Bank policies and regulatory guidelines.
• Ensures accounting functions are in compliance with Bank policies and requirements of accounting principles (FASB), and applicable federal, state and local regulatory agencies.
• Assists in preparing and/or reviewing various regulatory filings, such as the Call Report.
• Assists in preparing various financial statements and disclosures.
• Report financial status by developing budgets; report results; analyzing trends/variances and developing improvements.
• Reviews and approves various departmental processes, such as accounts payable, fixed assets, securities accounting and prepaids for accuracy and completeness.
• Reviews or prepares various reporting such as local agency, collateral maintenance, and property tax reporting.
• Prepare complex journal entries for various transactions including accruals, prepaid expenses, depreciation, and loan adjustments.
• Ensure accurate coding and proper documentation of all journal entries.
• Maintain and enhance internal controls to mitigate risk and safeguard assets.
• Regularly review and update accounting procedures to ensure compliance with best practices.
• Actively participate in external and internal audit processes, providing necessary documentation and explanations.
• Address audit findings and implement corrective actions where necessary.
• Stay abreast of current accounting pronouncements and regulatory changes, ensuring the bank's compliance with all applicable standards.
• Collaborate with other departments to provide financial information and support business decisions.
• Perform other accounting-related duties as assigned by management.

Qualifications

Required Education:
- Bachelor's degree in Accounting or Finance
- Certified Public Accountant (CPA) license

Required Experience:
- Minimum of 5 years of experience in accounting or finance, preferably in the banking industry.
- Proven experience in financial reporting, analysis, and budgeting.
- Experience with general ledger accounting and reconciliation.
- Experience with regulatory reporting requirements for financial institutions.
- Experience with accounting software and systems.

Required Skills and Abilities:
- Strong understanding of accounting principles and practices (GAAP).
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Effective communication and interpersonal skills.
- Proficiency in Microsoft Office Suite, particularly Excel.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
- Strong organizational and time management skills.
- Ability to maintain confidentiality and handle sensitive information.