Truist Senior Accountant - Premium Finance in Greensboro, North Carolina
Req ID: R0073434
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Regular or Temporary:
Language Fluency: English (Required)
1st shift (United States of America)
Please review the following job description:
Independently perform or coordinate a variety of advanced accounting activities, including more complex accounting processes in accordance with generally accepted accounting principles (GAAP). Coordinate accounting, reporting processes and workflow of other team members. Oversee the complete and accurate maintenance of assigned accounting records and the preparation and compilation of financial reports and information. Assist with GAAP and regulatory reporting for assigned business unit or division and perform other related accounting tasks and analyses.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Prepare journal entries and monitor assigned account activity to accurately record Truist’s financial transactions in accordance with GAAP and internal accounting policies.Maintain a working knowledge of applicable GAAP concepts. Build expertise related to assigned area of responsibility.Complete reconcilements for assigned general ledger accounts in accordance with corporate reconcilement policies and standards. Research and resolve items as necessary.
Prepare and interpret complex reports and analyses related to various aspects of the company’s financial performance, internal control compliance, budget or forecast variances, etc.
Prepare variance analysis reports and explanations for assigned general ledger reports.
Compile supporting documentation and coordinate applicable responses for internal or external audits and examinations.
Respond to inquiries and provide analysis of financial information. Ensure complete data capture and accurate and timely submission of assigned management, regulatory and financial reports, and analyses.
Become proficient with corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases.
Assist with quarterly and annual SEC and Regulatory filings
Compile and maintain necessary supporting documentation.
Maintain documentation of accounting and reporting process workflow and controls for assigned accounts and subsidiary accounting systems (which may include spreadsheets, databases, or applications), including reconcilement controls.
Collaborate with Accounting Policy, as applicable, related to responses to external and regulatory requests
**Location: Please note, candidate must be located/willing to locate to the location(s) listed; This role is hybrid to the office(s) noted, 1-2 days per week.
Winston Salem, NC
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree in accounting or business administration or equivalent education and related training
Three years of relevant accounting experience
Ability to work independently to meet established deadlines and as a productive member of a team
Demonstrated proficiency in computer applications, such as Microsoft Office products, with an emphasis in spreadsheets, word processing and database software
Working knowledge of GAAP
Direct loan accounting experience
Current/Prior role within a controls environment
Demonstrated experience within a merger/acquisition environment
Internal/External Audit exposure/experience
Proficiency in month-end reconciliation
Professional designation (or candidate for designation) as a CPA or CMA Master’s degree in accounting or business administration
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)