Segment Profitability & Reporting Lead

Webster Bank group; Southington (CT); On-site; USD 97,000 - 105,000; Full time

Job summary

Webster Bank group in Southington, CT is seeking a seasoned accounting professional to lead General Accounting and Reporting within the Commercial Bank’s Finance department. You will oversee monthly close entries, reconciliations, and the preparation of financial packages, ensuring accuracy and compliance with GAAP.

The role requires several years in financial services, especially commercial banking, with strong Excel and Oracle EPM skills.

Qualifications

• Bachelor's degree in finance or accounting required.
• Minimum of four to seven years of applicable work experience in accounting or auditing.
• CPA licensed or CPA candidate preferred.
• At least 3 years of experience in public accounting preferred.
• Advanced knowledge of Microsoft Excel and Oracle EPM preferred.
• Strong attention to detail and the ability to work independently and prioritize tasks effectively.
• Excellent communication and interpersonal skills with the ability to interact effectively with all levels of the organization.
• Strong problem-solving skills and the ability to think strategically and innovatively.

Responsibilities

• Oversee preparation and posting of monthly general ledger entries including expense accruals, prepaid deferrals and amortizations, and reclass entries to enable accurate segment profitability and GAAP reporting.
• Manage general ledger and sub-ledger reconciliations and reviews, ensuring variances are resolved in a timely manner in partnership with cross-functional stakeholders to meet reporting deadlines.
• Direct account reconciliations efforts and lead research and resolution of outstanding reconciliation items in coordination with cross-functional team members as necessary, including operations and accounts payable.
• Manage general ledger system maintenance, including account and cost center setup, hierarchy changes, and cost center closure as needed in coordination with accounting system owners.
• Manage consolidation, submission, and reporting of annual financial budgets.
• Develop standardization of monthly and quarterly financial reporting templates for cross-team and business line leverage in monthly and quarterly reporting efforts.
• Collaborate with key stakeholders on the quality and correctness of system reports produced for internal, external, and regulatory reporting needs.
• Oversee effective internal controls over core lines of business accounting and reporting activities in support of Sarbanes Oxley compliance.

Skills

Attention to detail

Communication

Interpersonal skills

Problem solving

Independent work

Strategic thinking

Education

Bachelor's degree in finance or accounting

CPA preferred

Tools

Microsoft Excel

Oracle EPM

Job description

Webster Bank group in Southington, CT is seeking a seasoned accounting professional to lead General Accounting and Reporting within the Commercial Bank’s Finance department. You will oversee monthly close entries, reconciliations, and the preparation of financial packages, ensuring accuracy and compliance with GAAP.

The role requires several years in financial services, especially commercial banking, with strong Excel and Oracle EPM skills.