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Accounting Supervisor

3 months ago


Ontario, United States Penn Foster Inc Full time

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus. SUMMARY This position assists the Accounting Manager and Corporate Controller in implementing and managing various accounting assignments related to month-end close and reporting cycle, process improvements, analyze financial information, prepare financial reports and maintain accurate financial records (including appropriate subsidiary ledgers) in accordance with principles generally accepted in the United States of America (GAAP), Securities and Exchange Commission (SEC), regulatory and internal control over financial reporting (“ICFR”) guidelines for the Bank. The Accounting Supervisor should be knowledgeable of all banking and general accounting functions. ESSENTIAL DUTIES AND RESPONSIBILITIES Complies with, and stays abreast of, all policies and procedures, federal and state laws, accounting standards, and regulatory requirements applicable to the job. Maintains the Bank’s financial records and reports in an up-to-date condition reflecting changes in the general ledger, in accordance with company policies and procedures. This includes reviewing and analyzing general ledger accounts to ensure accurate reporting of the financial activity of the bank. Reviews daily and monthly record journal entries and general ledger accounting reconciliations Oversee and provide back-up for general ledger maintenance, integration and interface with core and other applicable systems that impacts the general ledger. Assist on core system conversion which includes but not limited to General Ledger, Fixed Assets, Leases, Prepaid and other applications and integrations resulting from mergers and acquisition. Ensures integrity and accuracy of accounting systems. Assist with management of timely month-end close process, trend analysis and preparation of monthly and consolidated financial statements and other internal reports. Assist with management of accounting processes which includes but not limited to general accounting functions, and specific accounting for loans, investments securities, fixed assets, other investments, leases, prepaid and accrual, deposit, borrowings and equity as assigned. Review and assist with identifying intercompany relationships and transactions between Bank and Bank Holding Company and ensure proper consolidation and elimination. Assists in the ongoing monitoring and interpretation of new GAAP, Regulatory pronouncements, and comply with the Bank’s financial controls. Maintains ongoing collaboration with other departments to obtain and review schedules for the preparation of external filings, and to ensure transactions are captured appropriately in the financial statements. Prepares and review various banking regulatory report schedules, including the Call report and FR-Y reports, earnings release schedules and SEC 10Q and 10K schedules on a quarterly basis. Performs analysis of various accounting activities and financial statements as needed. Participate in tax reporting, support and schedule preparation and review for tax filing, audit and remittance. Assists with the collection of audit related materials as required by external and internal auditors. Identifies process improvement opportunities and assists with developing and maintaining procedures and documentation for the Finance – Accounting and Financial Reporting department. Assists with developing other ad-hoc pro forma reports. Provides support on various special projects. Cross-train on other positions in the Accounting and Financial Reporting department. Other duties as assigned Provide, present and promote The Citizens Experience to all external and internal customers.

SUPERVISORY RESPONSIBILITIES

Carries out supervisory responsibilities in accordance with Company policies and applicable laws. Responsibilities include interviewing hiring, and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. 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. EDUCATION and/or EXPERIENCE

Bachelor’s degree (B.A.) in Business, Accounting, or Finance from a four-year college or university; five or more years of related finance/accounting experience in the financial services industry; or equivalent combination of education and experience. LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information and respond to questions from groups of managers. MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference, and to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra, fractions, percentages, ratios, and proportions to practical situations. REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to solve practical problems and deal with a variety of concrete variables in situations where limited standardization exists. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. COMPUTER & SOFTWARE SKILLS Strong working knowledge of Microsoft Office applications. Advance knowledge of Microsoft Excel is preferable. OTHER SKILLS and ABILITIES This position requires strong organizational skills with the ability to manage multiple tasks and/or project accurately within the same time period. Strong analytical abilities. PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the associate is regularly required to talk or hear. The associate is frequently required to stand; walk; sit; and use hands and fingers to handle or feel. The associate is occasionally required to reach with hands and arms, and stoop, kneel, crouch or crawl. The associate is regularly required to operate a computer keyboard, mouse, calculator and telephone and reach with hands and arms. The associate must occasionally lift and/or move up to ten (10) pounds. WORK ENVIRONMENT

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The work environment is usually moderate. Salary Range: $73,770.00 To 103,278.00 Annually

40 hours per week. #J-18808-Ljbffr