Senior Financial Accountant Specialist
7 days ago
We are seeking a highly skilled Senior Financial Accountant to join our team at Fortis Bank.
The successful candidate will be responsible for preparing and posting journal entries, performing account analysis and reconciliations, generating payroll, calculating, accruing, and paying commissions, audit assistance, internal control maintenance, and assisting with the Bank's regulatory filings and reporting.
The ideal candidate will possess strong written and verbal communication skills, as well as the ability to work in a team environment and interact effectively with coworkers and management.
Key Responsibilities:
- Primary responsibility for daily liquidity monitoring, settlement, and bank account reconciliations, including the Bank's Fed account and correspondent bank accounts.
- Prepares and sends liquidity-related wires and prepares related daily journal entries.
- Prepares and submits semimonthly payroll.
- Calculates and coordinates with Executive Management on quarterly commission accruals and payments.
- Prepares daily general accounting entries and daily, weekly, and monthly recons, and several month-end close entries as assigned.
- Performs balance sheet reconciliations, including timely research and resolution of outstanding items.
- Cross-trains and acts as backup to other members of the accounting team, including support of accounts payable and other non-cash daily reconciliations.
- Aids in the preparation and review of the monthly variance analysis.
- Prepares monthly entries related to the Bank's stock compensation plans.
- Communicates with third-party vendors regarding required tax withholdings on equity compensation events.
- Works with third-party vendors on 401k matters and contribution fundings.
- Assists with and supports the timely and accurate preparation of various financial and regulatory reporting, including monthly financials, annual financial statements, regulatory reporting (Call Report, Y9SP, PDPA, and QCD), sales/use tax returns, property tax/personal tax, and 1099 reporting.
- Assists in ensuring the documented system of internal controls, accounting policies, and procedures are operating effectively.
- Assists in internal and external audit processes.
- Supports compliance with local, state, and federal government reporting requirements and tax filings, including tax returns, personal/real property tax, sales and use tax, and 1099s.
- Supports management in completing special projects, ad-hoc reporting, and analysis requests.
- Other duties as assigned.
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