Accounting Manager

4 days ago


Seville, United States Westfield Bank Full time
Job DescriptionJob DescriptionLocation: Seville

Manager: Jason Murdick

Hybrid Work Environment


Accounting Manager Job Summary

The Accounting Manager is responsible for ownership of all general ledger activities including daily, weekly and monthly reconciliations of the Bank’s general ledger and internal bank accounts, and following up on outstanding reconciling items through resolution. Manages the month-end close process by ensuring proper posting of monthly journal entries, closing subsidiary general ledgers, and creating monthly financial reports. The Accounting Manager manages the accounting department staff. Oversees the accounts payable function and also ensures timely and accurate recording of subsidiary transactions, fixed assets, bank-owned real estate, borrowings, bad debt reserves, and prepaid assets. Processes loan charge-off transactions in the core system and works with credit department for accurate processing of delinquent and nonaccrual transactions.

Essential Functions (primary functions and/or reasons the job exists in order of importance)

  1. Maintains ownership of the general ledger including journal entries, reconciliations, chart of accounts, and transaction mapping.
  2. Manages the general ledger reconciliation process to ensure all general ledger and internal bank accounts are prepared and reviewed accurately and timely with outstanding reconciling items properly investigated and resolved.
  3. Manages the month-end close process by ensuring proper posting of monthly journal entries, closing subsidiary general ledgers, and creating subsidiary financial statements
  4. Manages the accounts payable process by reviewing all invoices for accurate approvals and expense posting to the general ledger.
  5. Ensures the accurate processing and reporting of subsidiary transactions, fixed assets, bank-owned real estate, borrowings and prepaid assets.
  6. Processes loan charge-off transactions in the core system and works with Credit and Loan Operations departments for accurate processing of delinquent and nonaccrual transactions.
  7. Assists with the preparation and review of quarterly regulatory filings process to ensure all required regulatory reports are filed timely and accurately with the appropriate regulatory agency (e.g. Call Report)
  8. Performs talent management responsibilities including employee selection, performance management, coaching and development. Manages priorities and workload distribution, and removes barriers that impede progress. Completes all personnel, salary administration and reporting duties. Performs operational responsibilities that drive team performance including planning, execution, process improvement and best-practice sharing.
  9. Coordinates with Loan, Deposit and Retail Operations teams to ensure proper accounting entries are recorded, and day to day research items and reconciling items are properly cleared.
  10. Monitors the Bank’s daily cash position and correspondent banking relationships.
  11. Maintains and evaluates internal financial controls and accounting policies to mitigate the risk of financial loss and enhance the accuracy of the Bank’s financial reporting utilizing an understanding of internal controls over financial reporting in accordance with the 2013 COSO Framework or equivalent (e.g. SOX 404).
  12. Provides general accounting research and ad hoc reports to support Bank activities and initiatives.
  13. Oversees the unclaimed funds and 1099 reporting processes.
  14. Maintains awareness, understanding, and compliance with the Bank's internal policies and procedures, laws, and regulations appropriate for this position.
  15. Provides assistance in response to regulatory and internal/external audit requests.
  16. Travels occasionally in order to participate in special assignments, training, and/or travel between office locations.


Desired Qualifications/Experience/Certification/Education (in order of importance)

  1. Minimum 3-5 years’ experience in accounting and/or financial reporting with direct/indirect leadership experience of people and/or process.
  2. Bachelor's degree in Accounting or related field or commensurate experience.
  3. Must be highly organized, able to meet deadlines and have the ability to work effectively with limited day-to-day supervision.
  4. Excellent oral, written, and interpersonal skills resulting in the ability to interact with all levels of management, the employee population, and external customers.
  5. Experience with Microsoft Windows,Outlook and Excel or transferable software packages.
  6. Strong understanding of internal controls over financial reporting in accordance with the 2013 COSO Framework or equivalent (e.g. SOX 404).
  7. Experience analyzing problems and developing innovative and proactive strategies for resolution.
  8. Experience being accurate with a focus on attention to details.
  9. CPA Certification, or CPA candidate and/or banking industry experience desired
  10. Valid driver’s license and a driving record that conforms to company standards.


Physical Requirements (specific to the role)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

  • Ability to work effectively in an office environment for 40+ hours per week (including sitting, standing and working on a computer for extended periods of time).
  • Ability to communicate effectively in a collaborative work environment utilizing various technologies such as: telephone, computer, web, voice, teleconferencing, e-mail, etc.
  • Ability to travel as required.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

We are an equal opportunity employer/minority/female/disability/protected veteran.

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