Independently perform or coordinate a variety of advanced accounting activities
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
Provide leadership and mentoring for less experienced team members, including the review and approval of work of other team members
Prepare or review journal entries and monitor assigned account activity to accurately record Truist Insurance Holdings’s financial transactions in accordance with GAAP and internal accounting policies
Compile and maintain necessary supporting documentation
Complete or review and approve reconcilements for assigned general ledger accounts in accordance with corporate reconcilement policies and standards
Research and resolve items as necessary
Maintain adequate supporting documentation
Coordinate the design, implementation and 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
Recommend control refinements as products, processes, GAAP, regulatory reporting requirements or corporate policies change
Review and update policies and procedures for compliance with governmental regulations and corporate policies and standards
Coordinate development of new accounting processes and procedures as needed
Prepare and interpret more 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
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
Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases
Assist in the development and testing of economic models
Maintain a working knowledge of applicable GAAP concepts
Build expertise related to assigned area of responsibility
Coordinate applicable responses for internal or external audits and examinations
Collaborate with Accounting Policy, as applicable, related to responses to external and regulatory requests
Requirements
Bachelor’s degree in accounting or business administration or equivalent education and related training
Three years of relevant accounting experience
Good interpersonal skills
Strong verbal and written communication skills
Strong analytical, problem solving and decision-making skills
Demonstrated organizational and leadership skills
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