Accounting Manager - Corporate
About The Position
Building a career at Commerce Bank is about helping people find financial safety and success, helping businesses thrive, and ensuring people and their money are taken care of. The company culture focuses on its people, both in communities and within the organization, offering opportunities to grow, learn, connect, and build relationships. Commerce Bank has a 160-year history and has received numerous awards for its company culture, including Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. The main purpose of this job is to support the corporate accounting function for the Bank and its subsidiaries. This position is responsible for the accurate application of generally accepted accounting principles (GAAP) for all product lines and operational functions.
Requirements
- Strong knowledge of generally accepted accounting principles (GAAP) and ability to apply as needed
- Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities, meet deadlines and complete work with a high degree of accuracy
- Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills, with ability to frequently communicate to senior manager, officers and executives
- Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
- High level of analytical and problem solving skills
- Intermediate level proficiency with Microsoft Word, Excel, Outlook & Teams
- Bachelor’s degree in accounting required
- 5+ years of accounting experience or 3 years with public accounting experience required
Nice To Haves
- Certified Public Accountant (CPA) strongly preferred
Responsibilities
- Perform and maintain the allowance for credit loss (ACL), a key judgmental estimate within the financial statements
- Prepare the monthly estimation for the allowance for credit loss using the Company’s developed model ensuring assumptions, data input and processes are complete and accurate, analyze results and identifies and resolves any issues
- Prepare sections of the quarterly Call Report which require knowledge of the regulatory rules, Commerce products and reporting capabilities and collaboration with various departments across the bank
- Prepare regulatory financial reports, along with internal management reports and analyses for senior leadership.
- Assist in preparation of SEC disclosures by gathering information needed and assess information for accuracy, completeness and verify that it meets the reporting requirements
- Determine the proper accounting treatment for unusual and/or complex transactions
- Assist in implementing new accounting processes and procedures for new or changing bank products or regulations ensuring information is correctly reported
- Monitor general ledger activities for accuracy and completeness, analyze and investigate account fluctuations
- Prepare detailed documentation used in review and audit procedures
- Assist in monthly, quarterly and annual close processes
- Support special projects and perform other duties as assigned
Benefits
- employer sponsored health, dental, and vision insurance
- 401(k)
- life insurance
- paid vacation
- paid personal time
- career development
- education assistance
- voluntary supplemental benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
501-1,000 employees
