Accounting Associate - Reporting

Live Oak Banking • Wilmington, NC

1d

About The Position

Live Oak Bank is a digital bank serving small business owners nationwide. The Accounting Associate - Reporting supports Accounting Managers with external and internal financial reporting for Live Oak Banking Company, its affiliates, and its parent company. The role helps prepare financial statements and disclosures for SEC, regulatory, and board reporting, and supports accounting close, equity investment reporting, tax documentation, internal controls, and improvements to financial reporting processes.

Requirements

• Bachelor’s degree in Finance or Accounting, or equivalent experience.
• Positive attitude and commitment to collaboration and teamwork.
• Organized and detail-oriented, with excellent written and verbal communication skills for interacting with various levels of management.
• Self-starter and team player; flexible and able to work on several projects simultaneously.
• Strong analytical, problem-solving, and time-management skills.
• Computer skills, including proficiency with Microsoft Office (Word, Excel, and PowerPoint).
• Basic knowledge of financial institution operations.

Nice To Haves

• Proactive project planning and execution, with the ability to meet precise deadlines and deliver quality work.
• 1–2 years of accounting experience.

Responsibilities

• Assist with SEC reporting, including preparation of 8-Ks, 10-Qs, and 10-Ks.
• Assist with regulatory reporting, including FR 2900, call reports, and Y9s.
• Support month-, quarter-, and year-end close, including journal entries and reporting.
• Assist with recording, transaction monitoring, and reporting for the equity investment portfolio.
• Prepare supporting tax documentation, such as state apportionment and provision materials.
• Help improve the efficiency and effectiveness of financial reporting processes.
• Support and maintain internal controls over financial reporting and equity investment processes.
• Engage in and/or oversee special projects as required.
• Prepare schedules and workpapers supporting financial statements and SEC, regulatory, and internal reporting disclosures.
• Prepare quarterly earnings presentations.
• Prepare journal entries to close the books, including healthcare accrual, subsidiary flight allocation, internal-use software, and equity investment entries.
• Work with Accounting team members and other Bank departments to support financial reports and disclosures.
• Maintain documentation required for record retention.
• Contribute as a team member and support collective team success.

Benefits

• Paid sick leave at least at the minimum required by applicable state law.
• Annual bonuses and long-term incentives may be included in compensation, subject to metrics and company policy.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level