Financial Accountant

2 weeks ago


Providence, United States RI Infrastructure Bank Full time
Job DescriptionJob DescriptionSalary: $70K-85K

About the role:


The Financial Accountant’s primary responsibilities include core accounting functions such as accounts payable, accounts receivable, general ledger entries, reconciliations, and financial reporting. Additional duties include cash management, performing monthly financial and compliance reporting, and monitoring accounts receivable and accounts payable.  The Financial Accountant is integral to our balance sheet management efforts and assuring the highest and best use of available capital by identifying trends that impact business and coordinating relevant financial information to support strategic initiatives.


Responsibilities:

Core Accounting Functions


·   Maintain financial data in accordance with Generally Accepted Accounting Principles (GAAP), and Governmental Accounting Standards Board (GASB)

·   Record, track, and monitor accounts payable, accounts receivable, loan disbursements and bank transactions.

·   Prepare month end journal entries, accruals, perform account reconciliations, and participate in monthly financial reporting – both internal and external.

·   Processing of 1099’s

·   Maintain strong financial controls and make recommendations for process improvement for the management accounting process.

·   Contributes to the accuracy and efficiency improvements in the closing process.

·   Prepares and reviews supporting schedules for annual audit.

·   Researches and resolves un-reconciled amounts on a timely basis.

·   Prepares and assists with review of monthly, quarterly, and year-end financial statements.

·   Maintain the integrity of the movement of deposits and account balances between the Bank’s various lending programs.


Financial Analysis:


·   Perform financial planning and analysis, including researching investment opportunities and economic trends.

·   Maintain performance dashboard to highlight underlying business trends.

·   Provide financial analyses and support for bond issues, capital investments, pricing decisions, and contract negotiations.

·   Assist, as necessary, with all regulatory compliance activities and audit requests.

Candidate requirements:


·   Bachelor’s degree in accounting, Finance, or related field, or other equivalent experience.

·   3 – 5 years’ experience in accounting / finance

·   Strong financial acumen and analytical ability.

·   Working knowledge of finance and accounting best practices, laws, standards, and state/national regulations.

·   Working knowledge of financial markets and products.

 

Desired Skills

 

·   Strong analytical and accounting skills with knowledge of monthly and quarterly close cycles.

·   Attention to detail and strong organizational skills.

·   Ability to prioritize activities to meet deadlines.

·   Great interpersonal skills and strong oral and written communication skills.

·   Strong desktop computing skills including the full suite of Microsoft Office programs.

·   Exceptional work ethic, ability to perform under pressure and meet deadlines, and demonstrates enthusiasm towards colleagues and clients.


Job Description - Financial Accountant -pdf


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