Staff Accountant
Truist
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
Responsible for providing quality assured financial reporting of the business activities within the Line of Business (LOB). Serves as liaison with the Corporate Policy team as subject matter expert, assisting in maintaining up to date policies, and requesting clarification of existing policies as required. Primary roles include Management Reporting & Analysis, Financial Risk Management (FRM), Financial Reporting, and accounting controls and operations. Responsibilities include management reporting, finance and accounting analytics, internal controls over financial reporting, execution of accounting processes, regulatory reporting, and accounting policy.This position must sit in-office 5 days a week at one of the locations listed.
No other locations will be considered.
No remote option available.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Analyzes basic information and makes decisions within guidelines or standard practices to solve problems or escalate as needed.
2. Contributes to projects by completing assigned tasks.
3. Works within standard operating procedures and controls under direct supervision.
4. Applies foundational knowledge and learns how to apply theoretical concepts in practical situations.
5. Assist with preparation of reporting and analyses of monthly results in support of the closing process (EOC and other monthly reporting) and understanding and reviewing financial results.
6. Subject matter expertise in the identification and querying of the data necessary to prepare and provide value added management reporting.
7. Account level variance analysis in support of the month-end close process.
8. Includes identifying, analyzing, and interpreting variances and unusual trends in the LOB GL activity.
9. Assist with preparation of standard and enhanced reports, regular and ad hoc analytics, and interpretation of LOB financial results.
10. Assess accounting impacts of business changes.
11. Includes understanding, articulating and reviewing results to ensure consistency with GAAP, financial policies, and controls.
12. Assists with preparing reporting and analyses of monthly results for the closing process to identify and mitigate areas representing material financial risk.
13. Provides support for LOB information enhancement initiatives.
14. Ensures adherence to relevant Financial Management requirements including policies, standards, procedures, internal controls, and record retention.
15. Support the month end close process • Analysis of GL activity and results.
16. Performance of SOX controls.
17. Preparation of journal entries to record the results of business transactions to the GL.
18. Serve as liaison with Accounting Operations group as subject matter expert for LOB accounting and data.
19. Works collaboratively with the LOB and SFO teams to ensure accurate recording of transactions to the GL.
20. Assist with preparation, review and oversight of quarterly and annual SEC and Regulatory disclosures and other financial filings.
21. As applicable by LOB, assist with preparation and review of quarterly and annual legal entity audited financial statements and annual report.
22. As applicable by LOB, assist with preparation, review, and monthly submission of other regulatory reports and filings - e.g. FINRA FOCUS II report; Form SIS, Form SSOI, Form OBS, Form Custody for registered broker/dealers.
23. Assist with monitoring compliance with Corporate accounting policies in the areas of the LOB that perform accounting processes.
24. Responsible for adhering to Truist accounting policies.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s degree in Accounting or Finance, or equivalent education and related training.
2. One year of relevant accounting or finance experience
3. Ability to take direction and then work independently to complete tasks with moderate supervision.
4. Excellent verbal and written communication skills.
5. Strong analytical and problem-solving skills.
6. Sound and logical decision-making abilities.
7. Ability to work well with others in a dynamic, team-oriented environment.
Preferred Qualifications:
1. Intermediate Excel experience including v-lookups, x-lookups, and pivot tables
2. Financial services or specialized industry experience
3. Proficient in Essbase/ Hyperion
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.