Lead Financial Accountant

2 weeks ago

Greensboro, United States Truist Financial Full time
Position Overview:

We invite you to explore the following opportunity. To apply, please use the Apply button located at the top or bottom of this page. You will need to create an account or log in to an existing one.

Assistance for Applicants:
If you require assistance due to a disability, please reach out for reasonable accommodations.

Employment Type:
Regular

Language Requirement:
English (Required)

Work Schedule:
1st shift (United States of America)

Job Responsibilities:

In this role, you will independently manage or coordinate a range of advanced accounting functions, including intricate accounting tasks that adhere to generally accepted accounting principles (GAAP). You will oversee the accounting and reporting workflows of team members, ensuring the accurate maintenance of accounting records and the preparation of financial reports. Additionally, you will assist with GAAP and regulatory reporting for your designated business unit or division, while also engaging in related accounting tasks and analyses.

Key Duties:

Below is a summary of essential functions for this position. Other responsibilities may be assigned as necessary.
  • Provide guidance and mentorship to junior team members, including reviewing and approving their work.
  • Prepare or review journal entries and monitor account activities to ensure accurate financial transaction recording in compliance with GAAP and internal policies.
  • Compile and maintain necessary supporting documentation.
  • Review and approve reconciliations for assigned general ledger accounts in line with corporate policies, resolving discrepancies as needed.
  • Design and implement accounting workflows and controls for assigned accounts and subsidiary systems, recommending refinements as necessary.
  • Update policies and procedures to ensure compliance with regulations and corporate standards.
  • Develop new accounting processes and procedures as required.
  • Prepare and analyze complex reports related to financial performance, internal controls, and budget variances.
  • Respond to inquiries and provide financial information analysis.
  • Ensure accurate and timely submission of management, regulatory, and financial reports.
  • Maintain corporate accounting systems, ranging from spreadsheets to complex databases.
  • Assist in developing and testing economic models.
  • Stay informed about applicable GAAP concepts.
  • Build expertise in your area of responsibility.
  • Coordinate responses for internal or external audits.
  • Collaborate with Accounting Policy regarding external and regulatory requests.
Qualifications:

The following qualifications are representative of the knowledge, skills, and abilities required for this role. Reasonable accommodations may be made for individuals with disabilities to perform essential functions.
  • Bachelor's degree in accounting or business administration or equivalent education and training.
  • Three years of relevant accounting experience.
  • Strong interpersonal skills.
  • Excellent verbal and written communication abilities.
  • Robust analytical, problem-solving, and decision-making skills.
  • Demonstrated organizational and leadership capabilities.
  • Ability to work independently and collaboratively to meet deadlines.
  • Proficiency in computer applications, particularly Microsoft Office, with a focus on spreadsheets, word processing, and databases. Knowledge of GAAP is essential.
Preferred Qualifications:
  • Professional designation (or candidate for designation) as a CPA or CMA.
  • Master's degree in accounting or business administration.
  • Five years of experience in financial services accounting.
  • Experience with a Big 4 or Top Ten accounting firm.
  • Experience in Audit and Financial Reporting.
Benefits Overview:
All regular employees (not temporary or contingent) working 20 hours or more per week are eligible for benefits, which may vary based on the division offering the position. Benefits include medical, dental, vision, life insurance, disability, and tax-preferred savings accounts, among other voluntary options. Regular employees can contribute to a 401(k) savings plan, with eligibility for company matching contributions after one year of service. Employees receive a minimum of 10 days of vacation and 10 sick days, along with paid holidays. For further details on the benefits offered, please visit our Benefits site.

This position is part of TIH.

TIH Insurance Holdings, LP (TIH) is committed to fostering a diverse workforce and is an Equal Opportunity Employer, ensuring no discrimination based on race, gender, color, religion, citizenship, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classification protected by law. TIH maintains a Drug-Free Workplace.

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