Senior Accountant - Regulatory Reporting

Washington Trust•Westerly, RI

16h

About The Position

Washington Trust is seeking an experienced accounting professional to join its Corporate Financial Accounting and Reporting team. This role is primarily responsible for preparing, analyzing, and timely filing regulatory reports, including the Consolidated Reports of Condition and Income (Call Report), Bank Holding Company regulatory filings, and other regulatory reports. The Senior Accountant serves as a subject matter expert on regulatory reporting and helps document, improve, and maintain the Bank’s regulatory reporting processes and controls. The position also supports reconciliations and analyses, accounting and reporting activities, internal management reports, and special analyses. It partners with business lines, operations, and MIS to improve data quality and reporting capabilities, and leads automation and reporting enhancements to reduce manual processes and strengthen controls.

Requirements

Bachelor’s degree in accounting or finance.
A minimum of 3–5 years of experience preparing FFIEC Call Reports and Bank Holding Company reports, including FR Y-series filings.
Experience with regulatory reporting software.
Strong Excel-based analytical and reporting skills.
Experience researching and applying complex accounting and regulatory guidance.
Strong understanding of bank accounting and financial statements.
Strong analytical, organizational, and problem-solving skills.
Excellent written and verbal communication skills.
Ability to manage multiple priorities and meet strict regulatory filing deadlines.
Exceptional attention to detail and accuracy.
Sound professional judgment and critical thinking.
Ability to independently research and interpret complex guidance.
Strong collaboration and relationship-building skills.
Ability to work effectively with all levels of management.

Nice To Haves

CPA.
Familiarity with data analytics tools and reporting automation technologies.
A continuous improvement mindset focused on automation and process enhancement.

Responsibilities

Prepare and file quarterly Call Reports and Bank Holding Company regulatory reports, ensuring accuracy, compliance, and on-time completion.
Coordinate the regulatory reporting process and ensure supporting schedules and deliverables are completed on time.
Monitor changes to regulatory reporting requirements, assess their impact, and lead implementation of required changes to processes, controls, systems, and reports.
Research and interpret regulatory reporting instructions, accounting guidance, and regulatory pronouncements.
Document reporting methodologies, assumptions, and conclusions supporting regulatory report preparation.
Assist with inquiries from regulatory agencies, internal auditors, and external auditors.
Prepare internal reports and reconciliations supporting regulatory reporting requirements.
Reconcile regulatory reports to the general ledger and supporting systems; investigate and resolve variances and data quality issues.
Analyze fluctuations in reported balances and prepare supporting explanations and commentary.
Ensure reporting support is complete, accurate, and maintained in accordance with departmental procedures.
Participate in assigned accounting and reporting activities and support internal management reports and special analyses.
Identify opportunities to improve the efficiency, accuracy, and effectiveness of regulatory reporting processes.
Partner with business lines, operations, and MIS to enhance data quality and reporting capabilities.
Enhance and maintain reporting procedures and internal controls.
Lead automation initiatives and reporting enhancements to reduce manual processes and strengthen the control environment.
Maintain comprehensive process documentation and facilitate knowledge transfer to support business continuity.