Flagstar Bank

Senior Accountant II

Flagstar Bank$68K — $118K *
Troy, NY 12180In-Person
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate Degree in Finance or Accounting (or equivalent).
  • 6 years of progressive accounting experience, preferably in financial services.
  • Master's degree in a related field is strongly desired.
  • CPA license preferred.
  • Experience in mortgage, banking, or financial services with strong systems skills.

Responsibilities

  • Perform accounting functions, including reconciling transactions.
  • Analyze financial information and summarize it effectively.
  • Prepare monthly financial reports and detailed schedules.
  • Document significant variances and assist with regulatory filings.
  • Support month-end close and adhere to reporting timelines.
  • Plan and review the work of accounting staff.
  • Respond to inquiries from senior management.

Benefits

  • Medical, dental, and vision insurance.
  • Life and disability insurance.
  • Comprehensive leave program.
  • Access to various additional benefits.
Full Job Description
Position Title
Senior Accountant II

Location
New York, NY 10018

Job Summary
The Accountant Sr II position is for the more experienced senior accountants that can support a multitude of accounting activities. It is responsible for ensuring the integrity of accounting information by researching account issues for compliance and by establishing quality control over financial transactions and financial reporting. Acts as the senior resource to others on the team in the accounting department for accounting projects, processes and technical interpretations. Works with businesses in addressing accounting and transactions issues. Handles the most complex accounting transactions. Provides assistance to other senior accountants and the Accounting Manager with external audits and exams. Identifies opportunities for process enhancements.

Job Responsibilities:
  • Perform accounting functions that include but are not limited to verifying, allocating, posting and reconciling transactions.
  • Analyze financial information and summarize financial status.
  • Prepares monthly financial reports and accompanying schedules.
  • Assist in providing follow up and documentation of significant variances. Assist with the completion of quarterly and annual regulatory filings.
  • Support month-end close process and reporting process, according to required timelines.
  • Plan, assign and review staff's work.
  • Respond to inquiries from senior managers.
  • Provide technical support to management
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Review and recommend modifications to accounting systems and procedures.
  • Uses independent judgement and discretion to make decisions.
  • Analyzes and resolves problems.


ADDITIONAL ACCOUNTABILITIES
  • Performs special projects, and additional duties and responsibilities as required.
  • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.


JOB REQUIREMENTS

Required Qualifications:
  • Education level required: Undergraduate Degree (4 years or equivalent) in Finance or Accounting.
  • Minimum experience required: 6 years of progressively responsible relevant experience in accounting, preferably in the financial services industry and/or advanced knowledge of Flagstar's accounting processes.


Preferred Qualifications:
  • Master's degree in a related field is strongly desired.
  • A CPA license is preferred.
  • Mortgage, banking, or financial services experience. Strong business systems and applications skills desired.


Job Competencies:
  • Proven senior accounting experience with the ability to demonstrate thorough understanding of GAAP principles and procedures.
  • Advanced analytical and accounting skills.
  • Advanced experience with MS Word, MS Excel, MS Outlook.
  • Proven keen awareness of accounting trends.
  • Proven strength in communicating effectively with all levels of the organization both verbally and in writing.
  • Deep experience with creating financial statements.
  • Advanced experience with general ledger functions and the month-end close and reporting process.
  • Excellent accounting software user and administration skills.
  • Proven ability to effectively handle multiple projects simultaneously in a deadline driven environment.
  • Efficient in solving problems, and working with diverse variables.
  • Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
  • Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
  • Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
  • Physical demands (ADA): No unusual physical exertion is involved.


We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Pay Range
$68,932.50 - $118,776.00

About Flagstar Bank

Flagstar Bank is a bank headquartered in Troy, Michigan. It is the primary subsidiary of Flagstar Bancorp, Inc., a bank holding company. It is one of the largest residential mortgage servicers and is on the list of largest banks in the United States. Flagstar Bank operates branches in Michigan, Indiana, California, Wisconsin, and Ohio. Flagstar Bank was founded in 1987 as a federal savings bank. In 1993, it became a federal savings bank and changed its name to Flagstar Bank. The bank offers a range of banking and lending products to consumers, small businesses, and commercial clients. Flagstar Bancorp, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol FBC.
Learn more about Flagstar Bank
Size
496 employees
Market Cap
$207.6 million
Industry
Net Income
$83.2 million
Founded
1987
5 Year Trend
+14.2%
NASDAQ

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