Accounting Manager

Ion Bank•Naugatuck, CT

19h

About The Position

At Ion Bank, we pride ourselves on providing exemplary customer service and building lifetime relationships by partnering with our customers to identify and achieve their financial goals. We are passionate about our Service Standards and live by them every day. As a result of Ion’s continued growth, the bank consistently provides robust and diverse development programs for its employees with a goal of personal expansion. Not only does Ion prioritize its internal team, but additionally values the communities that the employees serve. The bank consistently encourages volunteerism from its employees to support customers and beyond. Apply now to join the Ion community! Who we are seeking for this role: The ideal candidate will demonstrate and encourage high standards of behavior that is consistent with Ion's service philosophy of Safety & Security, Accuracy, Responsiveness, and Friendly, Personalized Service. They will consistently demonstrate a strong commitment to Ion, willing to go "above and beyond" when necessary. This individual thrives in an environment that encourages teamwork and promotes inclusion by working with a variety of people. As an Accounting Manager you are responsible for: Managing a team of accountants and play a critical part in financial reporting, audits, reconciliations, and financial planning & analysis to support the bank’s financial integrity and strategic objectives.

Requirements

Bachelor’s degree in accounting or finance required (CPA a plus).
5 - 8 years accounting/finance experience, preferably in banking.
Minimum of 2 years of supervisory experience.
Knowledge of U.S. GAAP or some comparable combination of education and experience.

Responsibilities

Financial Reporting & Audit Support Accurately prepare financial statements and footnotes for external audits.
Prepare 401(k) plan financial statements and footnotes for external audits.
Ensure timely and accurate completion of quarterly and annual financial reporting.
Coordinate with external auditors and provide necessary documentation and support.
Regulatory & Compliance Prepare Quarterly Regulatory Reporting (Call Report) in compliance with FFIEC requirements.
Maintain a comprehensive understanding of all Accounting Standards related to Lending, ensuring accurate application of those standards.
Ensure compliance with ASC 326 (Accounting for Credit Losses) and analyze monthly updates for completeness and accuracy.
Allowance & Credit Analysis Responsible for preparation and accuracy of the quarterly Allowance for Credit Losses on Loans and Leases report.
Prepare Board Package report for senior management and regulatory review.
General Ledger & Reconciliations Accurately perform reconciliations, research, and balancing of General Ledger balance sheet accounts.
Monitor and resolve discrepancies promptly to maintain financial integrity.
Team Leadership & Management Manage the Investment Accountant, Cash Management Accountant, and Indirect Auto Lending Accounting functions.
Provide coaching, training, and performance evaluations for team members.
Budgeting & FP&A Support Assist in annual budget preparation and financial planning & analysis duties.
Support variance analysis and provide insights for management decision-making.