Full Time Senior Accountant

Job Description

Our Banking client is looking to hire an experienced Full Time Senior Accountant :

Responsibilities:

• Capital support;
• Current Expected Credit Loss,
• BOLI,
• Taxes and
• Financial and regulatory reporting;

Typical Duties:

CECL & Allowance for credit losses (ACL):

• Participate in the ACL reserve process, including funded, unfunded (off balance sheet), investments and providing supporting documentation as required (i.e. memos). Revise policies and process docs
• Familiar with / knowledgeable of Economic drivers, ability to intrepid and explain impact they will have on reserve
• Validation of SOX controls
• Perform analysis of changes in the ACL period to period
• Prepare monthly general ledger entry
• Monthly reconciliations and reporting of charge-offs and recoveries
• Generate schedules and disclosures for financial and regulatory reporting
• Prepare related presentations and memos for management
• Investigate any differences to GL
• Reconcile/Document Loans HFS, Document loan sale information
• Reconcile/Document Non-Accrual Loans, TDRs (modifications), Impairments

Taxes:

• Review Tax filings
• Process quarterly tax payments
• Oversee year-end tax document processing

BOLI (Bank-Owned Life Insurance) accounting:

• Monthly BOLI J/E's & reconciliation to Oracle G/L
• Properly account for any claims activity
• Periodic analytical support and BOD reporting

IDB Capital Corp. support:

• Backup to monthly, quarterly, & annual financial statements, analytical, & regulatory filings
• Assist with monthly check deposits, fee income recording & accounts reconciliations (manual)
• Assist with monthly expense entries (accruals and amortizations)
• Back-up on daily bank reconciliations as needed

Additional :

• Month-end close process
• Financial footnotes and Regulatory schedules
• Perform other / ad hoc responsibilities as assigned
• Qualifications
• BA/BS degree in Accounting or Finance, MBA and or CPA preferred
• Minimum 6-10 years of progressively responsible experience i.e. banking/Allowance for credit loss/Tax experience
• Comprehensive knowledge of general ledger systems, including preparation and approval of GL entries, month-end close process and results analysis
• Responsible, flexible individual with strong mathematical and analytical skills and an extensive knowledge of all aspects of accounting, in general and specifically as applied to financial institutions.
• Possess strong analytical and communication skills
• Knowledge of Economic drivers and familiar as to how they will impact the reserve short-term and long-term
• Proficient in Excel
• Willingness to take on special projects as they arise
• Ability to work individually or in a collaborative environment and meet tight deadlines