Senior Regulatory Reporting Accountant

Description

The Senior Regulatory Reporting Accountant is responsible for the preparation of all regulatory reports and submissions to the regulatory agencies.

This would include the weekly, quarterly and annual reporting requirements. This position monitors and reviews specific financial activity and regulatory guidance in order to prepare the required regulatory reports.

This position conducts research and analysis to provide management with a detailed analysis of material changes in the Bank's reported balances.

Additionally, the Senior Regulatory Reporting Accountant would require a good working relationship with the Bank's regulatory agencies contacts.

Essential Functions

• Preparation and submission of weekly and quarterly Federal Reserve reports such as FR 2900, FR Y6, FR Y8, FR Y10, FR Y9C, FR Y9LP and Summary of Deposits
• Preparation and submission of quarterly FDIC report, Call Report
• Provide clean, accurate and well-organized supporting documentation of numbers included in regulatory submissions
• Provide detailed analysis of quarter over quarter variances for management review
• Establish relationships across multiple lines of business to identify reporting requirement needs to ensure complete and timely reporting submissions
• Stay updated on regulatory changes and implement necessary adjustment to ensure the Bank is in compliance with all relevant rules and regulations
• Proactively identify areas for improvement and automation
• Respond to regulatory agencies and internal audit on inquiries related to regulatory reporting
• Other regulatory related duties / functions as assigned by management
• Assist in month-end journal entries and other closing procedures
• Reconcile various general ledgers
• Assist the Accounting department in other various duties as needed
• Excellent attention to detail, high level of accuracy and good analytical skills
• Cross train and provide backup on various SEC reporting functions

Additional Essential Functions

• Ensure compliance with Northwest's policies and procedures, and Federal / State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
• Work as part of a team
• Work with on-site equipment

Additional Responsibilities

Complete other duties and special projects as requested by management

Safety and Health for those without supervisory duties

• Abide by the rules of the safety and loss prevention program
• Perform work tasks in a safe manner
• Report any and all injuries to supervisor
• Know what to do in case of an emergency

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. 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.

Education

Bachelor's Degree Accounting or related degree

Work Experience

6 - 8 years Regulatory reporting experience within a financial institution And

6 - 8 years Accounting and regulatory reporting related work experience And

6 - 8 years Accounting experience

General Employee Knowledge, Skills, and Abilities

Ability to establish effective working relationships among team members and participate in solving problems and making decisions

Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written

Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information

Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information

Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas

Additional Knowledge, Skills and Abilities

Ability to identify existing and potential problems, obtain and evaluate relevant information, identify possible causes of the problems, and suggest an alternative course of action including innovative or creative approaches

Ability to allocate and effectively use information, personnel, time, and other resources necessary for implementation of Northwest's strategic plans

Ability to make decisions, render judgments, and take action on tasks within the scope of given authority in a timely fashion

Ability to present and express ideas and information effectively and concisely in an oral and / or written mode in a manner appropriate for the audience

Ability to listen and comprehend what others are saying and facilitate the open exchange of ideas and information

Ability to understand and appropriately apply procedures, requirements, regulations, and policies; maintain credibility with others on specialty matters

For candidates in Buffalo, NY, The pay range for this position is generally $86,000 - $141,000 annually. Actual pay is based on various factors including but not limited to the successful candidate's experience, skills, and knowledge.

Additional bonus earning opportunities and benefits are also available.

LI-RG1

LI-hybrid

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)