Senior Director of Accounting

2 weeks ago

Port Angeles, United States First Fed Full time
Job Title: Senior Director of Accounting

We are seeking a highly skilled and experienced Senior Director of Accounting to join our team at First Fed. As a key member of our leadership team, you will be responsible for overseeing all accounting functions of the Bank and other subsidiaries of the Holding Company.

Key Responsibilities:

  • Manage the review of all reconciliations and reports prepared by staff, including the preparation of month-end journal entries, accruals, fixed asset accounting, and tax scheduling.
  • Ensure compliance with all Generally Acceptable Accounting Principles (GAAP), Security and Exchange Commission (SEC), Federal Financial Institutions Examination Council (FFIEC) and Bank policies.
  • Interpret Financial Accounting Standards Board (FASB) Pronouncements as well as related regulatory accounting issues.
  • Analyze transactions to determine the appropriate accounting treatment and ensure that financial reports are prepared in accordance with GAAP, regulatory requirements, or other guidelines.
  • Provide accounting guidance, leadership, and direction to department staff as well as company's operating units.
  • Ensure the accurate and timely filing of tax returns (state and federal) and the preparation of tax provisions for the proper recognition of tax-related amounts in the general ledger and financial statements.
  • Coordinate annual financial statement audits and other internal audits, reviews, and exams as they pertain to accounting and finance.
  • Prepare audit work papers and serve as a primary contact with external auditors and examiners for annual financial statement reporting.
  • Provide auditors with information and support as requested.
  • Collaborate with auditors and others to ensure that the policies and procedures, accounting functions, and related activities maintain a strong internal control and quality control environment.
  • Develops procedures to ensure that proper Bank-wide financial controls and processes are operating effectively and in accordance with Sarbanes-Oxley (SOX).

Requirements:

  • Typically requires ten (10) years of progressive, directly related work experience at a financial institution and over five (5) year of supervisory experience.
  • Public bank experience desired.
  • Experience working in a public accounting firm.
  • Demonstrated knowledge of GAAP, financial and regulatory standards, as well as an understanding of economic theory and practical application.
  • Ability to ensure compliance with accounting pronouncements, SEC, FDIC, Sarbanes-Oxley, And FDICIA requirements.
  • Excellent analytical skills in interpreting and applying complex GAAP and other accounting standards.
  • Working knowledge of financial institution products, policies, and procedures.
  • Ability to analyze and interpret financial statements, operating results, and forecasts as they affect the Company and make recommendations in support of the Company's strategic goals.
  • Working knowledge of generally accepted accounting principles.
  • Must be well organized, detail-oriented, motivated, and able to multi-task and work under pressure in an often fast-paced and dynamic work environment.
  • Ability to lead and manage staff, with a focus on developing future leaders for the Bank.
  • Ability to work effectively with all levels of personnel and conduct all relationships in a professional and positive manner.
  • Ability to work independently and effectively as part of a team whenever necessary.
  • Demonstrated strong verbal and written communication skills, organization skills, and presentation skills.
  • Strong interpersonal skills with ability to work effectively with all levels of the organization.
  • Strong PC skills required, including proficiency with Microsoft Office applications (Word, Excel, Access, PowerPoint) and familiarity with financial models.
  • Strong analytical and mathematical skills
  • Strong project management skills
  • Ability and willingness to travel occasionally to all First Fed locations and other locations as needed.
  • Ability and willingness to work extended hours if necessary to complete the requirements of the position.
  • Valid Washington State Driver's license is required.

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