Business Unit Accountant

Regions Bank; Birmingham (AL); On-site; USD 63,000 - 86,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Bank is seeking a Business Unit Accountant to provide accounting support to an assigned business unit. The role involves preparing journal entries, reconciling accounts, and compiling summaries for reports in compliance with GAAP and company policies.

This position supports management by delivering timely financial information and leading day-to-day accounting operations. The role requires a Bachelor's in Accounting or related field with experience, strong Excel skills, and the ability

Qualifications

• Bachelor's degree in Accounting or related field and three (3) years of accounting or directly related experience
• Or High School Diploma and seven (7) years of directly related experience
• Experience With Tax Accounting Preferred.

Responsibilities

• Maintains and reconciles general ledger and subsidiary ledger accounts of assigned business unit
• Prepares special accounting reports for management or regulatory authorities
• Investigates potential problems and gathers appropriate data for solutions
• Prepares and completes month end reporting of business unit results
• Conducts financial analyses, audits, and/or investigations of business expenses
• Assists in developing and monitoring accounting internal control programs for assigned unit
• Provides advice to financial managers and other accountants on unusual and difficult accounting systems and/or operations problems
• Analyzes financial information for the purpose of providing direction and support, making recommendations, maximizing use of funds and ensuring overall operations are within budget
• Reconciles other general ledger accounts as assigned
• Prepares ad hoc analysis for management
• Assists company external auditors and internal auditors, as needed, to ensure an efficient and effective audit process
• Resolves disputed items and answer routine inquiries
• Performs balance sheet reconciliations as needed

Skills

Relationship building

Organizational skills

Problem-solving

Verbal communications

Written communications

Attention to detail

Education

Bachelor's degree in Accounting or related field

High School Diploma with 7 years related experience

Tools

Microsoft Office (Excel, Word, Outlook)

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description

At Regions, the Business Unit Accountant provides accounting support to assigned business unit. Performs general accounting tasks that may include, but are not limited to, preparing journal entries, reconciling accounts, and preparing summaries or supporting documentation for reports. All work is performed in accordance with company policy and procedures, generally accepted accounting principles, and appropriate standards and regulations. This position provides timely and accurate financial reports to management while supporting and leading the business unit accounting functions in the efficient handling of day to day operations.

Primary Responsibilities

• Maintains and reconciles general ledger and subsidiary ledger accounts of assigned business unit
• Prepares special accounting reports for management or regulatory authorities
• Investigates potential problems and gathers appropriate data for solutions
• Prepares and completes month end reporting of business unit results
• Conducts financial analyses, audits, and/or investigations businesses expenses
• Assists in developing and monitoring accounting internal control programs for assigned unit
• Provides advice to financial managers and other accountants on unusual and difficult accounting systems and/or operations problems
• Analyzes financial information for the purpose of providing direction and support, making recommendations, maximizing use of funds and ensuring overall operations are within budget
• Reconciles other general ledger accounts as assigned
• Prepares ad hoc analysis for management
• Assists company external auditors and internal auditors, as needed, to ensure an efficient and effective audit process
• Resolves disputed items and answer routine inquiries
• Performs balance sheet reconciliations as needed

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• Bachelor's degree in Accounting or related field and three (3) years of accounting or directly related experience
• Or High School Diploma and seven (7) years of directly related experience

Skills And Competencies

• Ability to build relationships with peers and complete assignments in a team environment and independently
• Excellent organizational and problem-solving skills
• Excellent verbal and written communication skills
• Proficiency in Microsoft Office (Excel, Word, Outlook, etc.)
• Strong attention to detail

Experience With Tax Accounting Preferred.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Minimum

Job Range Target

$62,542.15 USD

Median

$86,430.00 USD

Incentive Pay Plans

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Regions Center

Location

Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.