Accountant Principal

The Accountant Principal ensures the day-to-day accurate preparation and reporting of financial data (e.g., general ledger, cash payments/collections, tax transactions, etc.) in compliance with U.S. generally accepted accounting principles (GAAP), regulatory standards and internal policies especially in areas of high complexity, high risk and high judgment. This job will play a key role in maintaining the internal controls framework and ensuring financial accuracy, efficiency and transparency, while working closely with management to support the decision-making processes. The Accountant Principal works closely with business areas on the ledger processing, and assists the Accounting team in updating, maintaining, and documenting new accounting guidance that impacts the company.

Key Responsibilities and Duties

• Maintains and oversees records of organization's financial activity in accordance with GAAP, organizational standards, and in compliance with regulatory requirements.
• Owns or assists other general ledger account owners with reconciliation of month end account balances and verification especially for more complex items.
• Completes month-end, quarter-end, and year-end closing activities related to bank transactions including preparing journal entries and the appropriate audit work papers for complex transaction or activities.
• Identifies areas for process improvement in the accounting department to enhance efficiency and reduce errors.
• Establishes and maintains robust internal control systems to Client the bank's assets and ensure the integrity of our financial data and reporting.
• Supports junior and mid-level accounting staff in the development of their professional skills.
• Researches the impacts of new accounting standards, reporting requirements, and regulatory standards on existing and new transaction accounting regulations.
• Prepares and/or reviews support for financial or regulatory disclosure.

Must-Have:

• Bachelor Degree
• 5 Years Required
• Ability to research accounting or regulatory guidance, interpret and apply to transactions or business activities independently .
• Understanding of corporate accounting processes and accounting policies .

Nice-to-Have

• CPA Preferred
• Banking Experience
• Investment, derivative, treasury accounting experience