Senior Accountant - Danbury

Job Details

Description

The Senior Accountant is expected to lead initiatives and provide guidance for staff accountants, drive process improvements, and provide support and recommendations for efficiency, effectiveness, and internal control enhancements. Represent the Finance team in cross functional projects and provide service to all bank personnel on general ledger matters. Assist with month-end closing, accounting for fixed assets, investment in securities, accruals, loans reporting, preparation and filing of quarterly regulatory Call Report and FR Y schedules, general ledger reconciliations and preparation of financial statements and reporting. Other responsibilities include assisting with the preparation of the ALCO model, cash management and monthly filing of Sales & Use tax.

Financial Accounting

• Assist with monthly closings by preparing appropriate accruals and general ledger entries and preparing financial statements. Review financial records and schedules for accuracy.
• Assist in the preparation of loan-related reporting.
• Manage assigned accruals, prepare journal entries with supporting documentation and prepare or review reconciliations and account analysis. Provide support for accounting related to prepaid expenses, mortgage servicing assets and loan swaps transactions.
• Assist in the accounting of securities activity and fixed assets.
• Review and validate payments processed through the accounts payable system.
• Assist with the quarterly reporting of the Bank’s asset/liability interest rate risk reporting process, including all aspects of data capture and other model inputs, update assumptions as per observed trends in the balance sheet and market positioning.
  
  

Financial Reporting

• Assist in the preparation of financial statements and other financial reports for the Bank and the subsidiaries.
• Assist in coordinating the preparation and submissions of the Call Report and FR Y regulatory filings.
• Maintain a current understanding of generally accepted accounting principles and regulatory requirements.
• Coordinate the preparation of the annual audit of the consolidated financial statements for the Bank and the Holding Company.
  
  

General Ledger

• Support the processing of daily download and act as back-up as needed. Create sub-ledger balancing and month-end reports from Prologue General ledger.
• Assist in creating production and ad hoc reporting from the Prologue suite of applications.
  
  

Cash Management

• Assist in the cash management function relative to correspondent accounts, investing overnight funds and short-term borrowings.
• Assist in the preparation, analyzing and reporting the Bank’s daily cash position by collecting transaction data from on-line services and documenting the data in a cash summary spread sheet.
• Assist in the daily reconciliations of bank accounts, for clearing and calculating daily funding levels.