Accounting & Financial Reporting Manager

VersaBank•Minneapolis, MN

6d•Onsite

About The Position

VersaBank is seeking an Accounting & Financial Reporting Manager to oversee the US GAAP accounting and consolidated financial reporting for VersaBank. This role ensures compliance with US GAAP, SEC reporting requirements, banking regulations, and internal control standards. The position involves close collaboration with management, regulators, and external auditors. A key aspect of this role is driving continuous improvement through technology, automation, and process enhancements to boost efficiency, strengthen internal controls, and improve financial reporting accuracy. The manager will also champion innovation and lead a team.

Requirements

Bachelor's degree in Accounting, Finance or related field.
6–10 years of progressive accounting experience with financial institutions or publicly traded companies.
Strong knowledge of US GAAP and SEC financial reporting requirements.
Advanced Microsoft Excel skills.
Excellent analytical, organizational and problem-solving skills.
Strong written and verbal communication skills.
Ability to manage multiple priorities while maintaining exceptional attention to detail.

Nice To Haves

CPA designation preferred.
Experience preparing US GAAP Statements of Cash Flows for an international company preferred.
Experience supporting Bank Holding Company reporting preferred.

Responsibilities

Lead preparation and review of monthly, quarterly, and annual consolidated financial statements (SEC and other Regulators) including disclosures.
Lead preparation of the Consolidated US GAAP Statement of Cash Flows.
Review journal entries, balance sheet reconciliations and supporting schedules prepared by accounting staff.
Develop, maintain and document US GAAP accounting policies and accounting position papers.
Coordinate with external auditors and regulators and serve as the primary US GAAP accounting contact during audits and examinations.
Develop, document and maintain SOX 404 internal controls over financial reporting, including process narratives, control matrices, risk assessments and remediation plans.
Utilize Sage ERP to develop financial reports, validate accounting data and improve reporting capabilities.
Promote a culture of continuous improvement by challenging existing processes, identifying opportunities for automation and standardization, and implementing solutions that improve efficiency while maintaining the highest standards of accuracy, governance and regulatory compliance.
Mentor, coach and develop team members.