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Senior Accountant
Eaglebank Bethesda, MD
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$85k-104k (estimate)
Full Time 1 Day Ago
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Eaglebank is Hiring a Senior Accountant Near Bethesda, MD

Overview:

We are a values driven organization putting Relationships FIRST . EagleBank (NASDAQ EGBN) is focused on being Flexible, Involved, Responsive, Strong , and Trusted . By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.

EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one anothers experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships.

We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work and will work in the Bethesda, MD office four days per week .

Responsibilities:

The Senior Accountant performs high level accounting support in classifying and processing accounting transactions, maintaining, and reconciling assigned accounts and compiling, reviewing, and verifying data and information to prepare assigned financial and accounting reports.

MAJOR DUTIES AND RESPONSIBILITIES :

  • Prepares and posts general ledger journal entries, month end and accrual Journal entries. Preforms monthly and quarterly general ledger closing.
  • Manages reconciliation of the balance sheet accounts to general ledger.
  • Maintains the books & records; assists in the administration of all inter-company affiliates.
  • Performs general accounting duties including investments, other real estate owned and interface tables reporting activities.
  • Performs payroll processing after receiving the bi-weekly reports from ADP via the HR Department.
  • Supports, reviews, and maintains the Fixed Assets, diligently ensuring that all entries are made on a timely basis.
  • Reconciles and resolves discrepancies for the majority of the Bancorp's, Bank's and subsidiaries' G/L accounts.
  • Analyzes monthly G/L variances.
  • Manages leases for leased locations.
  • Monitors daily the FRB account and processes the securities entries into the general ledger.
  • Conducts research and resolves accounting-related issues including Accounting Standard Code research at the direction of the Manager.
  • Serves as back-up person for reconciling daily customer Repo account, FRB, and Correspondent Bank accounts.
  • Annually collects and delivers support for SOX testing and assists the Internal Audit department during audits Updates Standard Operating Procedures and policies. Oversees Federal weekly reporting.
  • Acts as a 2nd level approver for new vendors Accounts Payable processing.
  • Acts as back-up for Accounting Manager when needed and assists and develops other within the accounting department as needed.
Qualifications:

Requirements:

  • Bachelors degree in Accounting, Business, Finance or related field.
  • 5 years of experience working with general ledger, reconciliation, month-end closing, and general accounting processes of inter-company and fixed assets.
  • Certified Public Accountant (CPA) required; may consider Masters Degree in Accounting in Lieu of certification
  • Solid understanding of accounting functions
  • Thorough knowledge of accounting systems. Working knowledge of MS Office. Proficient in Excel, Outlook, and Word.

Preferences:

  • PeopleSoft
  • Lease accounting
  • Previous banking accountant experience

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you arent hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.

Job Summary

JOB TYPE

Full Time

SALARY

$85k-104k (estimate)

POST DATE

04/26/2024

EXPIRATION DATE

05/09/2024

WEBSITE

eaglebank.com

HEADQUARTERS

LITTLE ROCK, AR

SIZE

50 - 100

FOUNDED

1984

CEO

JEFF LYNCH

REVENUE

$50M - $200M

INDUSTRY

Banking

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About Eaglebank

Locally owned and operated right here in Arkansas since 1919, Eagle Bank and Trust provides the personal attention, experiences and resources you need to help you reach your financial goals. As a Community Bank, Eagle Bank and Trust can quickly respond to your banking needs and our focus is always right here at home. Big enough to handle all your financial needs, but small enough to remember your name.

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The following is the career advancement route for Senior Accountant positions, which can be used as a reference in future career path planning. As a Senior Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Accountant. You can explore the career advancement for a Senior Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Senior Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Senior Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Senior Accountant job description and responsibilities

Senior Accountant prepares financial analyses and reports.

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Their functions include coordinating accounting functions and programs.

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They also prepare revenue projections and forecasting expenditure and assisting with preparing and monitoring budgets.

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Maintaining and reconciling balance sheet and general ledger accounts.

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Senior accountants take ownership of reporting costs, productivity, margins and expenditures for companies and organizations.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Senior Accountant jobs

Assist with annual audit preparations.

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Investigate and resolve audit findings, account discrepancies, and issues of non-compliance.

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Prepare federal, state, local, and special tax returns.

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Contribute to the development of new or amended accounting systems, programs, and procedures.

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Perform other accounting duties and supporting junior staff as required or assigned.

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Step 3: View the best colleges and universities for Senior Accountant.

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