Responsibilities

The Accounting Director has overall responsibility for managing the daily accounting and financial regulatory reports of Ocean Bank and subsidiaries (“the Bank”). Direct supervision of the Bank’s accounting process and financial regulatory reports, such as quarterly Federal Deposit Insurance Corporation (“FDIC”) call reports, weekly Federal Reserve Bank of Atlanta (“FRB”) reports, monthly, weekly and annual reports for the U.S. Department of Commerce, State of Florida, and Department of Treasury. Provides oversight to the accounting operations, Major Expenditure Proposals (MEPs), GL administration and maintenance, month-end process, cross application approval, and special transaction recordings. Maintains and enhances the Bank’s accounting policies and procedures in line with the Bank’s strategic goals, including managing the adoption of new policies and procedures, as required, ensuring compliance with US GAAP and regulatory standards. Oversees the reconciliation and reporting process of certain assets, liabilities, equity, and income statement accounts, including cash, bank owned life insurance, fixed asset, other real estate owned, deferred tax assets, prepaid, leases, accruals, other assets, and other liabilities. Manages all the Bank’s intercompany transactions, including the maintenance of arm’s length pricing and intercompany agreements and records.

Coordinates external annual audits of the financial statements of the Bank, including the preparation of footnotes.

Furthermore, leads the development of financial risk reporting and dashboards, leads process optimization and automation efforts to improve efficiency and ensures financial control and accounting operations are up to date and in compliance with guidelines. This position also works with other members of management, supports them on the implementation of new products, systems, and initiatives, and provides recommendations to the Operating CFO and CFO in connection with changes in accounting rules and regulations, and the accounting implications of new products and transactions.

Qualifications

Knowledge and Skills Requirements:

• Bachelor’s Degree or equivalent in a related discipline such as Accounting, Finance, or Business is required
• A graduate degree such as an MBA is preferred
• A minimum of 7 years of commercial bank experience is required. Public accounting experience preferred.
• Certified Public Account (CPA) License required
• Three (3) years of management experience required
• Thorough understanding of financial and accounting practices, procedures, and regulations is required
• Strong analytical, communication, presentation, and organizational skills.
• High degree of proficiency with MS Excel, Word, and PowerPoint
• Ability to prioritize projects and efforts according to business need and industry trends.