What are the responsibilities and job description for the Accounting & Financial Reporting Specialist position at Towne Bank?
Primary Purpose:
This position is primarily responsible for assisting the Financial Reporting Department in meeting regulatory reporting requirements.
The good-faith compensation range for this role is expected to be $90,000 - $110,000, based on the role, market, internal equity, and candidate qualifications.
This position is approved to sit onsite in Suffolk, VA or Richmond, VA. For candidates who do not sit in Suffolk, as-needed travel to Suffolk will be required (10-25% estimate).
Essential Responsibilities:
- Maintain tie-out support binder for earnings press releases and 10Q/10Ks.
- Assist with preparation of annual proxy statement and underlying supporting files.
- Review Form 4s and maintain Section 16 filer information as required.
- Review financial presentations for consistency and accuracy.
- Evaluate the design and operating effectiveness of internal controls over financial reporting in accordance with Sarbanes-Oxley (SOX).
- Partner with process owners to identify SOX control gaps, deficiencies, and opportunities for process improvements.
- Adhere to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
- Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification.
Minimum Required Skills & Competencies:
- Four-year Bachelors Degree in Accounting.
- Expert knowledge and experience in the operation of an organization.
- Strong management abilities and the ability to recognize and foster other management personnel.
- Demonstrated strong leadership qualities.
- Excellent communication skills.
- Strong decision-making abilities.
- High degree of personal integrity.
Desired Skills & Competencies:
- Certified Public Accountant.
- “Big 4” experience preferred.
- Experience in banking or financial services fields preferred.
- Self-motivated.
- Strong interpersonal and leadership skills.
- Attention to detail.
- High level of organization and follow through.
- Advanced degree or Industry designations.
Physical Requirements:
- Express or exchange ideas by means of the spoken word via email and verbally.
- Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
- Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
- Not substantially exposed to adverse environmental conditions.
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.
Salary : $90,000 - $110,000