VP OF ACCOUNTING

BANK OF COMMERCEDuncan, OK
12d

About The Position

Oversee the day-to-day accounting operations, including accounts payable and funds management Prepare and review financial reports, including budgets, forecasts, and periodic reports Performs monthly yield analysis on Investments, Loans and Deposits Prepares and review quarterly FDIC Call Reports Prepares daily general ledger reconciliations including correspondent bank accounts and application subsidiary records Monitor the company's financial reports and determine ways to reduce costs Keep up to date on financial market to maximize profits and find new expansion areas Develop and enforce internal controls to protect company assets Ensure compliance with local, state and federal government requirements Work with external auditors to prepare information for annual audits Manage the completion of assigned month end close activities and prioritize staff assignments to meet timeframes established for month-end, quarter-end and annual closing of the general ledger Provide financial analysis to support decision making Collaborate and support the accounting team Other Duties: Maintain accounting policies and procedures Ensure financial reports meet accuracy standards Ensure reconciliations are accurate and complete Manage the implementation of maintenance of internal financial controls Develop and maintain healthy, collaborative relationships with cross functional leaders among varying levels

Requirements

  • Must posses a minimum of a BS in accounting
  • At least 5 years of experience in bank accounting
  • Experience in financial project management
  • Experience with General Ledger functions
  • Experience with Asset Liability Management
  • Experience with daily/month/year end close process
  • Strong understanding of banking processes and financial data analysis
  • Strong analytical skills
  • Organized and detail oriented
  • Balancing multiple tasks
  • Good knowledge of accounting tools and software
  • Strong mathematical and administrative skills
  • Understanding of relevant laws and regulations, management experience, leadership skills, communication skills, and time management skills
  • Prolonged periods of sitting at a desk, working on a computer
  • Must be able to lift up to 15 pounds at a time
  • Able to travel as needed

Responsibilities

  • Oversee the day-to-day accounting operations, including accounts payable and funds management
  • Prepare and review financial reports, including budgets, forecasts, and periodic reports
  • Performs monthly yield analysis on Investments, Loans and Deposits
  • Prepares and review quarterly FDIC Call Reports
  • Prepares daily general ledger reconciliations including correspondent bank accounts and application subsidiary records
  • Monitor the company's financial reports and determine ways to reduce costs
  • Keep up to date on financial market to maximize profits and find new expansion areas
  • Develop and enforce internal controls to protect company assets
  • Ensure compliance with local, state and federal government requirements
  • Work with external auditors to prepare information for annual audits
  • Manage the completion of assigned month end close activities and prioritize staff assignments to meet timeframes established for month-end, quarter-end and annual closing of the general ledger
  • Provide financial analysis to support decision making
  • Collaborate and support the accounting team
  • Maintain accounting policies and procedures
  • Ensure financial reports meet accuracy standards
  • Ensure reconciliations are accurate and complete
  • Manage the implementation of maintenance of internal financial controls
  • Develop and maintain healthy, collaborative relationships with cross functional leaders among varying levels
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