Job DescriptionOur client is seeking a Senior Financial Accountant for a direct hire opportunity. The Senior Financial Accountant is responsible for supporting the Assistant Controller and Controller in ensuring the smooth operation of the Accounting Department. This role performs a variety of accounting functions, including computing, classifying, recording, and verifying numerical data for use in maintaining the related accounting records. The incumbent will assist with loan GL monitoring, purchased guaranteed activity, and other monthly financial reporting and regulatory reports.
Ensures compliance within all Bank policies and procedures, as well as all applicable state and federal banking regulations.
ESSENTIAL DUTIES AND RESPONSIBILITIES INCLUDE THE FOLLOWING: - Prepare and deliver monthly ALCO/Board Reports
- Assists in the preparation of monthly board loan reports, ensuring accuracy and completeness
- Prepare and submit the weekly FR 2900
- Assists in the preparation of the annual Sales & Use tax and Property tax returns
- Completes regulatory reports when needed
- Manages and updates loans suspense accounts and works directly with the department to ensure items are cleared timely
- Reviews the Bank balance sheet daily to ensure it is in balance. Investigates variances and makes corrections as necessary
- Sends Daily Liquidity analysis detailing significant variance research and explanation
- Coordinates the Bank's guaranteed loan purchase and investment portfolio. Also responsible for calculating and posting monthly interest accruals, market price adjustments and processing and tracking interest receivables/receipts
- Partner with the CRA Officer with identifying CRA eligible investment purchases
- Assists the Assistant Controller with annual insurance policy renewals
- Coordinates and manages the Bank's tax investments
- Assists the Controller with annual FDICIA control testing
- Manages the Bank's corporate credit card statement processing and payment
- Maintain and update the Bank's lease schedules in coordination with the Assistant Controller
- Maintains several accounting reconciliation spreadsheets for monthly certifications
- Assists employees and vendors by answering questions related to accounts, procedures, and services.
- Performs routine clerical duties such as photocopying, filing, posting, and tabulating
- Provide backup support for reconciliations, certifications, and accounts payable processing
- Minimum of 10 hours CRA volunteer hours per year. Volunteer hours are typically scheduled within business hours. This is compensable time and mileage is reimbursed
QUALIFICATIONS: - Bachelor's degree with college level coursework in accounting preferred. Some accounting coursework required
- Minimum of 5+ years' accounting/finance experience required with banking experience preferred
- Loan accounting knowledge preferred
- Advanced Excel skills required
- Strong analytical skills with experience in measuring and improving processes to meet department and/or organization goals
- Demonstrated ability to work both independently (self-directed) and with others as part of a team
- Able to confidently interact with a variety of internal customers/management
- Ability to multi-task and prioritize assignments
- Attention to detail is required with a proven ability to research and analyze financial results
- Ability to work scheduled full-time hours and maintain regular attendance
