Sr. Accountant

Sr Accountant Corporate Accounting The Senior Accountant position is responsible for preparing and managing various financial documents and reports for the Bank. The role ensures the accuracy and compliance of financial statements with a focus on loans held for sale and loans held for investment. In addition, the role will support NCB's allowance for credit losses and reserves for unfunded commitments and requires strong technical accounting knowledge of portfolio loan accounting, allowance for credit losses, real estate owned, and loan-related reserves. The ability to work independently, thoroughly assess issues and propose solutions, as well as attention to detail, are critical qualifications of the position. 1. Play a major role in the month-end closing cycle for the following activities: Accounting for loans held for investment and held for sale, including deferred fees/costs, premiums/discounts, accrual of interest income, and modifications to borrowers experiencing financial difficulty Accounting for allowance for credit losses and reserve for unfunded commitments Accounting for real estate owned, reserves on sold and portfolio loan advances, and repurchase reserves Prepare and review journal entries to ensure general ledger accuracy and compliance with accounting standards Perform account reconciliations and resolve discrepancies to maintain accurate financial records Prepare and analyze monthly, quarterly, and annual financial statements ensuring conformity with U.S. GAAP and regulatory requirements. 50% 2. Support the analysis of allowance for credit losses and reserve for unfunded commitments by reconciling loan data to ensure compliance with NCB's internal policies and controls. 20% 3. Support regulatory, tax, and financial reporting through the analysis and preparation of monthly and quarterly schedules and disclosures. Liaise with internal and external auditors to facilitate audits and ensure compliance with regulatory requirements. 20% 4. Ongoing research to support actual to budget and period-to-period variance analysis for assigned activities. Support forecast and budgeting process for loan-related areas. 10% Minimum Qualifications Include: Strong accounting knowledge, especially relating to loans and the allowance for credit losses Proficiency in Microsoft Office with advanced skill in Excel (pivot tables, formulas, functions, etc.) Strong verbal and written communication skills Organized, self-motivated, and proactive Ability to meet strict deadlines Excellent analytical and problem-solving skills Ability to handle individual projects with minimum supervision Ability to prepare reconciliations Experience implementing improvements to accounting and reporting processes The employee should be able to use the following software, systems, and equipment: NetSuite (2 weeks) BlackLine (2 weeks) McCracken (2 months) DNA/OSI (2 months) Sageworks (1 month) MicroStrategy (2 months) Bachelor's degree in accounting, finance, or a related field; a CPA or relevant professional certification is highly preferred. 3+ years of experience in accounting and financial reporting, preferably within the banking and financial services industry or public accounting. AA/EOE

Created: 2024-11-05