Accounting & Financial Reporting Specialist

TowneBank; Suffolk (VA); On-site; USD 90,000 - 110,000; Full time

Job summary

TowneBank is seeking a Financial Reporting professional to assist the Financial Reporting Department in meeting regulatory reporting requirements. This onsite role is based in Suffolk, VA or Richmond, VA with occasional travel to Suffolk.

You will support SOX controls, earnings press releases, Form 10-Q/10-Ks, and proxy statement preparation, ensuring accuracy and compliance.

Qualifications

• Bachelor's degree in Accounting is required or equivalent.
• Strong knowledge of organizational operation and process management.
• Demonstrated leadership and team development abilities.
• Excellent communication skills and clear, decisive judgment.

Responsibilities

• Maintain tie-out support binder for earnings releases and 10-Q/10-Ks.
• Assist with annual proxy statement preparation and supporting files.
• Review Form 4s and maintain Section 16 filer information.
• Review financial presentations for accuracy and consistency.
• Assess internal controls over financial reporting per SOX requirements.
• Collaborate with process owners to identify SOX control gaps and improvements.
• Ensure compliance with AML and BSA regulations.
• Perform other duties within scope of the job classification.

Skills

Leadership

Communication

Decision making

Integrity

Management

Regulatory compliance

Education

Bachelor's degree in Accounting

Job description

Primary Purpose:

This position is primarily responsible for assisting the Financial Reporting Department in meeting regulatory reporting requirements.

The good-faith compensation range for this role is expected to be $90,000 - $110,000, based on the role, market, internal equity, and candidate qualifications.

This position is approved to sit onsite in Suffolk, VA or Richmond, VA. For candidates who do not sit in Suffolk, as-needed travel to Suffolk will be required (10-25% estimate).

Essential Responsibilities:

• Maintain tie-out support binder for earnings press releases and 10Q/10Ks.
• Assist with preparation of annual proxy statement and underlying supporting files.
• Review Form 4s and maintain Section 16 filer information as required.
• Review financial presentations for consistency and accuracy.
• Evaluate the design and operating effectiveness of internal controls over financial reporting in accordance with Sarbanes-Oxley (SOX).
• Partner with process owners to identify SOX control gaps, deficiencies, and opportunities for process improvements.
• Adhere to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
• Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification.

Minimum Required Skills & Competencies:

• Four-year Bachelors Degree in Accounting.
• Expert knowledge and experience in the operation of an organization.
• Strong management abilities and the ability to recognize and foster other management personnel.
• Demonstrated strong leadership qualities.
• Excellent communication skills.
• Strong decision-making abilities.
• High degree of personal integrity.

Desired Skills & Competencies:

• Certified Public Accountant.
• "Big 4" experience preferred.
• Experience in banking or financial services fields preferred.
• Self-motivated.
• Strong interpersonal and leadership skills.
• Attention to detail.
• High level of organization and follow through.
• Advanced degree or Industry designations.

Physical Requirements:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.