Staff Accountant

Role Overview

• Responsible for providing quality assured financial reporting of the business activities within the Line of Business (LOB).
• Serves as liaison with the Corporate Policy team as subject matter expert, assisting in maintaining up to date policies, and requesting clarification of existing policies as required.
• Primary roles include Management Reporting & Analysis, Financial Risk Management (FRM), Financial Reporting, and accounting controls and operations.
• Responsibilities include management reporting, finance and accounting analytics, internal controls over financial reporting, execution of accounting processes, regulatory reporting, and accounting policy.
• Analyzes basic information and makes decisions within guidelines or standard practices to solve problems or escalate as needed.
• Contributes to projects by completing assigned tasks.
• Works within standard operating procedures and controls under direct supervision.
• Applies foundational knowledge and learns how to apply theoretical concepts in practical situations.
• Assist with preparation of reporting and analyses of monthly results in support of the closing process (EOC and other monthly reporting) and understanding and reviewing financial results.
• Subject matter expertise in the identification and querying of the data necessary to prepare and provide value added management reporting.
• Account level variance analysis in support of the month-end close process.
• Includes identifying, analyzing, and interpreting variances and unusual trends in the LOB GL activity.
• Assist with preparation of standard and enhanced reports, regular and ad hoc analytics, and interpretation of LOB financial results.
• Assess accounting impacts of business changes.
• Includes understanding, articulating and reviewing results to ensure consistency with GAAP, financial policies, and controls.
• Assists with preparing reporting and analyses of monthly results for the closing process to identify and mitigate areas representing material financial risk.
• Provides support for LOB information enhancement initiatives.
• Ensures adherence to relevant Financial Management requirements including policies, standards, procedures, internal controls, and record retention.
• Support the month end close process
• Analysis of GL activity and results.
• Performance of SOX controls.
• Preparation of journal entries to record the results of business transactions to the GL.
• Serve as liaison with Accounting Operations group as subject matter expert for LOB accounting and data.
• Works collaboratively with the LOB and SFO teams to ensure accurate recording of transactions to the GL.
• Assist with preparation, review and oversight of quarterly and annual SEC and Regulatory disclosures and other financial filings.
• As applicable by LOB, assist with preparation and review of quarterly and annual legal entity audited financial statements and annual report.
• As applicable by LOB, assist with preparation, review, and monthly submission of other regulatory reports and filings
• e.g. FINRA FOCUS II report; Form SIS, Form SSOI, Form OBS, Form Custody for registered broker/dealers.
• Assist with monitoring compliance with Corporate accounting policies in the areas of the LOB that perform accounting processes.
• Responsible for adhering to Truist accounting policies.

Requirements

• Bachelor’s degree in Accounting or Finance, or equivalent education and related training.
• One year of relevant accounting or finance experience
• Ability to take direction and then work independently to complete tasks with moderate supervision.
• Excellent verbal and written communication skills.
• Strong analytical and problem-solving skills.
• Sound and logical decision-making abilities.
• Ability to work well with others in a dynamic, team-oriented environment.

Benefits

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• no less than 10 days of vacation
• 10 sick days
• paid holidays