Senior Accountant

PLATINUM BANK • Oakdale, MN

1h

About The Position

Objective: The Senior Accountant is responsible for accurate and timely execution of core accounting functions, month-end close, and bank regulatory reporting. This role prepares key financial schedules, maintains strong internal controls and documentation, and provides critical support for audits, CECL processes, and Board reporting.
Essential Functions & Responsibilities:
Accounting & Finance:
Execute monthly close activities, including journal entries, accruals, reconciliations, and income/fee tracking.
Maintain accuracy and completeness of assigned general ledger accounts.
Perform daily cash review and process cash-related entries.
Record and reconcile fixed asset activity.
Support CECL execution, including data pulls, tie-outs, and documentation of assumptions and changes.
Prepare reconciled financial and operational data to support the annual budget and ongoing forecasting processes.
Assist with financial analysis, including variance explanations and operational trends.
Support the development and documentation of accounting procedures and internal controls.

Reporting:
Compile schedules and support documentation for monthly Board and internal management reporting.
Manage ProfitStars report editing, data compilation, and reconciliations.
Gather and reconcile source data used in internal financial reporting, forecasting, and performance monitoring.
Provide accurate, timely reporting inputs to support Finance department initiatives.

Regulatory Reporting:
Prepare and file the FFIEC Call Report (quarterly).
Prepare and file the Summary of Deposits report (annual).
Prepare and file Sales & Use Tax returns (quarterly).
Maintain supporting documentation and ensure accuracy and timely submission of all regulatory filings.

Other Responsibilities:
Support internal and external audits by preparing schedules, reconciling data, and maintaining audit-ready documentation.
Serve as primary or secondary backup for Finance tasks as identified on the department task list, including, but not limited to:
- Accounts Payable (invoice processing, vendor setup, 1099 support)
- Entry-level accounting activities, such as daily and monthly reconciliations and routine journal entries
Comply with all department and company policies, procedures, and regulations.

Requirements

• Bachelor's degree in finance, accounting, or a related field.
• 3-5 years of experience in accounting or finance, preferably in the banking industry.
• Strong understanding of accounting principles, general ledger processes, and internal controls.
• Ability to produce accurate reconciliations, schedules, and financial documentation.
• Strong analytical skills with the ability to interpret financial data and identify variances.
• Effective verbal and written communication skills.
• Ability to prioritize tasks, manage deadlines, and maintain accuracy in a fast-paced environment.
• Proficiency with Microsoft Excel, Word, and Outlook.

Nice To Haves

• Familiarity with banking operations and regulatory expectations preferred.
• Experience with Jack Henry applications desirable.
• Experience with Cognos, ProfitStars, or similar reporting tools a plus.

Responsibilities

• Execute monthly close activities, including journal entries, accruals, reconciliations, and income/fee tracking.
• Maintain accuracy and completeness of assigned general ledger accounts.
• Perform daily cash review and process cash-related entries.
• Record and reconcile fixed asset activity.
• Support CECL execution, including data pulls, tie-outs, and documentation of assumptions and changes.
• Prepare reconciled financial and operational data to support the annual budget and ongoing forecasting processes.
• Assist with financial analysis, including variance explanations and operational trends.
• Support the development and documentation of accounting procedures and internal controls.
• Compile schedules and support documentation for monthly Board and internal management reporting.
• Manage ProfitStars report editing, data compilation, and reconciliations.
• Gather and reconcile source data used in internal financial reporting, forecasting, and performance monitoring.
• Provide accurate, timely reporting inputs to support Finance department initiatives.
• Prepare and file the FFIEC Call Report (quarterly).
• Prepare and file the Summary of Deposits report (annual).
• Prepare and file Sales & Use Tax returns (quarterly).
• Maintain supporting documentation and ensure accuracy and timely submission of all regulatory filings.
• Support internal and external audits by preparing schedules, reconciling data, and maintaining audit-ready documentation.
• Serve as primary or secondary backup for Finance tasks as identified on the department task list, including, but not limited to:
• Accounts Payable (invoice processing, vendor setup, 1099 support)
• Entry-level accounting activities, such as daily and monthly reconciliations and routine journal entries
• Comply with all department and company policies, procedures, and regulations.

What This Job Offers

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