Accountant

Open Systems Technologies; Charlotte (NC); On-site; USD 100,000 - 150,000; Full time

Job summary

Open Systems Technologies seeks an Account Principal to ensure precise day-to-day financial data preparation and reporting in line with GAAP, regulatory standards, and internal policies. You will support management with decision-ready financial insights and work closely with business areas on ledger processing.

Educational requirements include an accounting or finance degree, with CPA preferred. 5+ years in accounting, including policy or technical accounting, is desired to lead investment,

Qualifications

• Ability to research accounting or regulatory guidance and apply to transactions.
• Understanding of corporate accounting processes and policies.
• Banking, investment, derivative, and treasury accounting experience.
• 5+ years of relevant accounting experience.

Responsibilities

• Maintains and oversees records of organization's financial activity in accordance with GAAP and regulatory requirements.
• Owns or assists ledger owners with month-end reconciliations and complex items.
• Performs month-end, quarter-end and year-end closing activities for bank transactions, prepares journal entries and audit papers.
• Identifies process improvements to enhance efficiency and reduce errors.
• Establishes strong internal controls to safeguard assets and ensure data integrity.
• Mentors junior and mid-level accounting staff to develop their skills.
• Researches impacts of new accounting standards on existing and new transactions.

Skills

Research abilities

Regulatory interpretation

Corporate accounting

Banking experience

Investment accounting

Derivative accounting

Treasury accounting

Communication

Leadership

Education

Accounting or finance degree

CPA preferred

Tools

GL/reporting tools

Job description

The Accountant Principal ensures the day-to-day accurate preparation and reporting of financial data (e.g., general ledger, cash payments/collections, tax transactions, etc.) in compliance with U.S. generally accepted accounting principles (GAAP), regulatory standards and internal policies especially in areas of high complexity, high risk and high judgment. This job will play a key role in maintaining the internal controls framework and ensuring financial accuracy, efficiency and transparency, while working closely with management to support the decision-making processes. The Accountant Principal works closely with business areas on the ledger processing, and assists the Accounting team in updating, maintaining, and documenting new accounting guidance that impacts the company.

Must-Have:

Ability to research accounting or regulatory guidance, interpret and apply to transactions or business activities independently.

Understanding of corporate accounting processes and accounting policies.

Banking Experience

Investment, derivative, treasury accounting experience

Key Responsibilities and Duties

Maintains and oversees records of organization's financial activity in accordance with GAAP, organizational standards, and in compliance with regulatory requirements.

Owns or assists other general ledger account owners with reconciliation of month end account balances and verification especially for more complex items.

Completes month-end, quarter-end, and year-end closing activities related to bank transactions including preparing journal entries and the appropriate audit work papers for complex transaction or activities.

Identifies areas for process improvement in the accounting department to enhance efficiency and reduce errors.

Establishes and maintains robust internal control systems to safeguard the bank's assets and ensure the integrity of our financial data and reporting.

Supports junior and mid-level accounting staff in the development of their professional skills.

Researches the impacts of new accounting standards, reporting requirements, and regulatory standards on existing and new transaction accounting regulations.

Prepares and/or reviews support for financial or regulatory disclosure.

Describe your department, the team dynamic and overall work environment:

Ability to work independently but collaborates on the project or objective to make sure aligned with others work priorities. Ability to multi-task and manage your individual pieces of the bigger project without constant oversight

What business needs, projects, or workloads are driving this request?

Cross-train and assume leadership of investment, derivative and deposit accounting team while manager is on leave.

What qualities, skills, or experience are most important for success in this role?

Effective communication, ability to multi-task and meet tight deadlines and experience with GL/reporting tools. Ability to research disclosure requirements and build disclosures applicable to ***'s business.

Is there a reason for the location requirement?

Jacksonville is preferred to be able to collaborate effectively with the team as many time-sensitive activities are happening among a group of associates to be able to complete filings on time and get auditors through their review.

Educational Requirements: CPA preferred

University (Degree) Required: Yes – accounting or finance degree or relevant, direct experience in SEC/financial reporting.

Work Experience

5+ Years Required; 7+ Years Preferred: Prefer experience working in an accounting policy, technical accounting or corporate accounting role.