Sr Accountant - Regulatory

Old Republic National Title InsuranceMinnetonka, MN
$85,000 - $90,000Hybrid

About The Position

The Senior Accountant - Regulatory is responsible for overseeing the bank reconciliation function and ensuring the accuracy, timeliness, and compliance of all cash-related financial activities. This role blends advanced accounting expertise with leadership responsibilities, including oversight of reconciliation activities across multiple locations, approval of reconciliations, process improvement initiatives, and support of the monthly close. This is a hybrid role (2 days in the office) so must be located near Minnetonka, MN In this role, you will: Oversee and monitor the timely completion of bank reconciliations from multiple locations through management of a reconciliation tracking log Prepare and maintain a cash lead schedule for the CFO Serve as the primary point of contact for reconciliation-related questions, providing training and guidance to reconciliation staff in field locations Review and approve bank reconciliations, ensuring completeness, accuracy, and adherence to internal controls Identify, research, and resolve discrepancies between bank activity and the general ledger Prepare and post journal entries to resolve reconciliation issues as needed Perform monthly reconciliations for miscellaneous cash general ledger accounts not tied to a specific bank account Support monthly and annual close processes, including the timely and accurate preparation of quarterly reports Evaluate existing processes and recommend improvements to enhance efficiency, accuracy, and control Partner with IT, Treasury, and cross-functional teams to streamline workflows and resolve system or process issues Maintain strong internal controls and ensure compliance with company policies, GAAP, and audit standards Assist with internal and external audits by providing required documentation, analysis, and support

Requirements

  • Bachelor’s degree in accounting or a related field required
  • 4–7 years of accounting experience, with a strong focus on bank reconciliations
  • Solid understanding of GAAP and cash accounting principles
  • Proficiency with accounting systems (Workday Finance preferred, but not required)
  • Intermediate to advanced Excel skills
  • Strong analytical, problem-solving, and communication abilities
  • Ability to perform effectively in a high-volume, deadline-driven environment

Nice To Haves

  • Experience with reconciliation automation tools and ERP integrations is a plus

Responsibilities

  • Oversee and monitor the timely completion of bank reconciliations from multiple locations through management of a reconciliation tracking log
  • Prepare and maintain a cash lead schedule for the CFO
  • Serve as the primary point of contact for reconciliation-related questions, providing training and guidance to reconciliation staff in field locations
  • Review and approve bank reconciliations, ensuring completeness, accuracy, and adherence to internal controls
  • Identify, research, and resolve discrepancies between bank activity and the general ledger
  • Prepare and post journal entries to resolve reconciliation issues as needed
  • Perform monthly reconciliations for miscellaneous cash general ledger accounts not tied to a specific bank account
  • Support monthly and annual close processes, including the timely and accurate preparation of quarterly reports
  • Evaluate existing processes and recommend improvements to enhance efficiency, accuracy, and control
  • Partner with IT, Treasury, and cross-functional teams to streamline workflows and resolve system or process issues
  • Maintain strong internal controls and ensure compliance with company policies, GAAP, and audit standards
  • Assist with internal and external audits by providing required documentation, analysis, and support

Benefits

  • Comprehensive medical, prescriptions, dental and vision plans
  • 401(k) plan with a discretionary company match
  • Shareholder Purchase and Reinvestment Plan
  • Basic life and accidental death and dismemberment insurance premium paid by the company
  • Voluntary supplemental life insurance for employees, spouses and dependent children
  • Fertility and Family Building Benefits
  • Paid Disability benefits
  • Paid time off programs
  • 11 Company paid holidays per year
  • Flexible spending account
  • Health savings account (available to High Deductible Health Plan participants only)
  • Employee Assistance Program
  • Educational Assistance Program
  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
  • Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
  • Transportation benefit plan for mass transit, parking and vanpool, in several markets

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

501-1,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service