Senior Accountant

Position Purpose

The Senior Accountant is responsible for supporting the day-to-day accounting operations for the Bank, Holding Company, and related entities. This role plays a key part in month-end, quarter-end, and year-end close processes, including the preparation of general ledger journal entries, account reconciliations, and assists with review and resolution of reconciling items to ensure accuracy and compliance.

Position Responsibilities

• Maintain, analyze and proficiently navigate through Core (Premier) and GL (Prologue) including journal entry posting, GL research and sub-ledger oversight for prepaids and fixed assets.
• Perform day-to-day accounting transactions, including the preparation of journal entries across key areas, including leases, investments and equity/stock-based transactions.
• Own fixed asset and prepaid accounting, including additions, disposals, amortization and policy compliance.
• Complete various periodic reconciliations in a timely manner. Research reconciling items to ensure they are resolved within the established timeframe. Communicate recurring reconciling issues or unusual reconciling items to management.
• Perform daily review of loan and deposit subledger reconciliations ensuring timely identification and resolution of exceptions
• Daily review and resolution of Daily Import Exceptions Report created by non-posted transactions.
• Provide guidance and support to Reconciliation Accountants to facilitate timely resolution of outstanding items and improve overall close efficiency.
• Manage certain complex reconciliations and aging analyses, including root cause analysis and remediation of recurring issues.
• Execute month-end close responsibilities, including monthly accruals, clearing due to/due from accounts, and other assigned closing activities.
• Ensure general ledger integrity in accordance with Generally Accepted Accounting Principles (GAAP).
• Partner with Accounting Operations Supervisor to ensure procedures are updated on at least an annual basis.
• Assist with liquidity tracking and reporting activities
• Assist with financial reporting schedules and support external audits and internal requests.
• Manage the lease accounting process under ASC 842, including maintaining amortization schedules, recording new leases, and accounting for lease modifications
• Perform detailed balance sheet and income statement variance analysis as needed; identify drivers and communicate insights to the Controller and Assistant Controller
• Interpret and apply GAAP to complex or non-routine transactions
• Support preparation of financial statements and disclosures.

Minimum Education & Experience

• Bachelor’s degree in accounting or a related field.
• 2-5 years of experience in a corporate accounting department.
• Banking and intercompany experience preferred.
• Strong understanding of core accounting principles and functions.
• Excellent organizational skills with a high level of accuracy and attention to detail.
• Ability to manage multiple priorities effectively in a deadline-driven environment

Technical Knowledge and Skills

• Microsoft office software suite (Word, Excel, PowerPoint, etc); excellent oral and written communication skills; and knowledge of how transactions flow through the General Ledger. Critical thinking and problem-solving skills are a must.

Compensation

• Base Salary Range: $80,000 - $100,000 annually. Final determination of where you are at in the salary range is based on numerous factors such as geographical location, relevant experience, skill set, education, and ability to meet qualifications within the job description.
• Additional Compensation: This role will include a yearly annual target bonus based on individual performance.
  
  

Working Arrangements

• This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. This person will ideally sit out of our Rockville, MD headquarters location. You will be able to work remotely on Wednesday.
  
  

Why Join Us?

• Join a growing company with a culture that fosters an entrepreneurial spirit
• Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?
• Company Contributions to your 401k - Regardless of your contribution
• Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
• Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities