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Senior Accountant

4 months ago

Raleigh, United States Truist Financial Corporation Full time

The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one. Need Help? If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response). Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America) Please review the following job description: Independently perform or coordinate a variety of advanced accounting activities, including more complex accounting processes in accordance with generally accepted accounting principles (GAAP). Coordinate accounting, reporting processes and workflow of other team members. Oversee the complete and accurate maintenance of assigned accounting records and the preparation and compilation of financial reports and information. Assist with GAAP and regulatory reporting for assigned business unit or division and perform other related accounting tasks and analyses. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. * Provide leadership and mentoring for less experienced team members, including the review and approval of work of other team members. * Prepare or review journal entries and monitor assigned account activity to accurately record Truist Insurance Holding's financial transactions in accordance with GAAP and internal accounting policies. * Compile and maintain necessary supporting documentation. * Complete or review and approve reconcilements for assigned general ledger accounts in accordance with corporate reconcilement policies and standards. Research and resolve items as necessary. * Maintain adequate supporting documentation. * Coordinate the design, implementation and documentation of accounting and reporting process workflow and controls for assigned accounts and subsidiary accounting systems (which may include spreadsheets, databases or applications), including reconcilement controls. Recommend control refinements as products, processes, GAAP, regulatory reporting requirements or corporate policies change. * Review and update policies and procedures for compliance with governmental regulations and corporate policies and standards. * Coordinate development of new accounting processes and procedures as needed. * Prepare and interpret more complex reports and analyses related to various aspects of the company's financial performance, internal control compliance, budget or forecast variances, etc. * Prepare variance analysis reports and explanations for assigned general ledger reports. * Respond to inquiries and provide analysis of financial information. * Ensure complete data capture and accurate and timely submission of assigned management, regulatory and financial reports and analyses. * Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases. * Assist in the development and testing of economic models. * Maintain a working knowledge of applicable GAAP concepts. * Build expertise related to assigned area of responsibility. * Coordinate applicable responses for internal or external audits and examinations. * Collaborate with Accounting Policy, as applicable, related to responses to external and regulatory requests. Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. * Bachelor's degree in accounting or business administration or equivalent education and related training. * Three years of relevant accounting experience. * Good interpersonal skills. * Strong verbal and written communication skills. * Strong analytical, problem solving and decision-making skills. * Demonstrated organizational and leadership skills. * Ability to work independently to meet established deadlines and as a productive member of a team. * Demonstrated proficiency in computer applications, such as Microsoft Office products, with an emphasis in spreadsheets, word processing and database software Working knowledge of GAAP. Preferred Qualifications: * Professional designation (or candidate for designation) as a CPA or CMA. * Master's degree in accounting or business administration. * Experience with equity, compensation, defined benefits. * Financial reporting experience. * Fixed Asset accounting experience. * Lease accounting experience. This position is a hybrid position General Description of Available Benefits for Eligible Employees of TIH: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance Holdings, LP (TIH) offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment and tax-preferred savings accounts, along with other voluntary benefits. All regularly scheduled teammates (not temporary or contingent workers), regardless of the number of scheduled hours, can contribute to a 401(k) savings plan and you become eligible for Company matching contributions after one year of service and attainment of age 21. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH's generous benefit plans, please visit our Benefits site. Eligible employees may have the opportunity to participate in a deferred compensation plan and/or have an ownership interest in TIH in the form of profits interest or capital interest. As you advance through the hiring process, you will learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. This position is part of TIH. Truist Financial Corporation has completed the sale of Truist Insurance Holdings (TIH). As a result, TIH is a separate company from Truist Bank as of May 6, 2024. Refer to the news release for details. TIH Insurance Holdings, LP (TIH) supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. TIH is a Drug Free Workplace. EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify