Senior Accountant

7 months ago

Greensboro, United States Truist Full time

ESSENTIAL DUTIES AND RESPONSIBILITIES



Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. Provide leadership and mentoring for less experienced team members, including the review and approval of work of other team members. Prepare or review journal entries and monitor assigned account activity to accurately record Truist Insurance Holding’s financial transactions in accordance with GAAP and internal accounting policies. Compile and maintain necessary supporting documentation. Complete or review and approve reconcilements for assigned general ledger accounts in accordance with corporate reconcilement policies and standards. Research and resolve items as necessary. Maintain adequate supporting documentation. Coordinate the design, implementation and documentation of accounting and reporting process workflow and controls for assigned accounts and subsidiary accounting systems (which may include spreadsheets, databases or applications), including reconcilement controls. Recommend control refinements as products, processes, GAAP, regulatory reporting requirements or corporate policies change. Review and update policies and procedures for compliance with governmental regulations and corporate policies and standards. Coordinate development of new accounting processes and procedures as needed. Prepare and interpret more complex reports and analyses related to various aspects of the company’s financial performance, internal control compliance, budget or forecast variances, etc. Prepare variance analysis reports and explanations for assigned general ledger reports. Respond to inquiries and provide analysis of financial information. Ensure complete data capture and accurate and timely submission of assigned management, regulatory and financial reports and analyses. Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases. Assist in the development and testing of economic models. Maintain a working knowledge of applicable GAAP concepts. Build expertise related to assigned area of responsibility. Coordinate applicable responses for internal or external audits and examinations. Collaborate with Accounting Policy, as applicable, related to responses to external and regulatory requests.


Required Qualifications:

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.

Bachelor’s degree in accounting or business administration or equivalent education and related training. Three years of relevant accounting experience. Good interpersonal skills. Strong verbal and written communication skills. Strong analytical, problem solving and decision-making skills. Demonstrated organizational and leadership skills. Ability to work independently to meet established deadlines and as a productive member of a team. Demonstrated proficiency in computer applications, such as Microsoft Office products, with an emphasis in spreadsheets, word processing and database software Working knowledge of GAAP.


Preferred Qualifications:

Professional designation (or candidate for designation) as a CPA or CMA. Master’s degree in accounting or business administration. Experience with equity, compensation, defined benefits. Financial reporting experience. Fixed Asset accounting experience. Lease accounting experience.

This position is a hybrid position


General Description of Available Benefits for Eligible Employees of TIH: 
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance Holdings, LP (TIH) offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment and tax-preferred savings accounts, along with other voluntary benefits. All regularly scheduled teammates (not temporary or contingent workers), regardless of the number of scheduled hours, can contribute to a 401(k) savings plan and you become eligible for Company matching contributions after one year of service and attainment of age 21. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

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