SENIOR ACCOUNTANT - OPERATIONAL ACCOUNTING DEPT. - FIRSTBANK PR Job at First Ban

SENIOR ACCOUNTANT

Our Company
At FirstBank PR, we strive to be a trusted advisor to our clients and our employees are the ones that ensure we deliver on our promise of excellence in personalized customer service. Our more than 3,100 employees in Puerto Rico, the Virgin Islands and Florida share a passion for excellent customer service. We are proud of our team because they are continuously surpassing our client’s expectations.

A Brief Overview

The Senior Accountant provides support to the Operational Accounting Unit within the Comptroller Department including technical accounting matters. The Senior Accountant assists the Manager/Accounting Officer in the review of certain daily work prepared by other Accountants, including journal entries, account reconciliations, and certain month-end analysis observing and promoting efficiency in the process. The Senior Accountant also interacts with and provides support to external/internal audit requirements and SOX team. Provides support to the business areas in adhoc requests.

What you’ll do

General

• Perform accounting functions as assigned, overseeing the complete accounting process and financial statements for the specific unit responsibilities.
• Monitor daily accounting transactional batches from core systems to Oracle accounting module and identify suspense balances to assign the proper accounting treatment.
• Manage month, quarter, and year-end closing process.
• Support and assist the unit supervisor/manager to ensure the completeness and accuracy of tasks performed by other members of the unit.
• Analyze and prepare accounting journal entries (JE). Apply judgment and understanding to identify and correct exceptions or errors, if any.
• Prepare monthly reconciliation on multiple GL accounts and review monthly reconciliations of other accountants. Analyze discrepancies and provide guidance to other accountants in the preparation of adjusting transactions necessary to make corrections and adequate follow-ups to other units, if required. Assist other accountants in the analysis and disposition of reconciling items.
• Explain Balance Sheet variances monthly in order to assure reasonability of accounting results. Participate in the review of other accountant’s explanation included in the file. Focus on robust variance documentation.
• Actively assist in internal/external audit or examination process associated with the daily Operational Accounting unit tasks. Assist other accountants in their daily responsibilities to ensure accuracy and completeness. Provide support in the evaluation and problem-solving accounting issues.
• Analyze and approve accounting entries and transactions. Ascertain adequate documentation and description for each journal posted supporting the transaction or adjustment.
• Serve as liaison with the supervisor/manager and other bank operational areas and bank branches.
• Conform with and abide by all regulatory guidance and internal policies and procedures to meet full compliance of SOX internal control matrix.
• Document procedures and workflow for assigned areas of responsibility. Review and update the manual of procedures and identify deviations, if any, with procedures in place.
• Contribute to the department and organization with special projects as assigned (Regulatory unclaimed funds reports, system conversions, among others).
• Maintain current knowledge of applicable accounting, government, and other regulations or professional standards and organizational policies.
• Maintain the Oracle Chart of Accounts, ensuring the creation of new accounts and combinations are appropriate according to the Corporation's accounting and financial reporting policy.
• Ensure that non-posted transactions as well as out of balances are corrected on a daily basis.
• Provide support to other bank personnel, as applicable, in the execution of his tasks. Also, provide backup during vacations and other personnel leaves.

What You’ll Need to Succeed

• Bachelor’s degree in accounting or finance is required for this position.
• A minimum of three years or more of experience in accounting, preferably in the banking industry.
• Thorough understanding of generally accepted accounting principles (GAAP) including solid knowledge of bookkeeping principles, laws, and regulations is required.
• Strong analytical and accounting skills are required.
• Advanced experience with MS Excel is required.
• Must be able to effectively handle multiple projects simultaneously in a deadline-oriented environment.
• Write, speak, and comprehend English and Spanish is preferable.
• The individual will be expected to work with minimal up-front guidance and take ownership of his/her work product.

First Bank Puerto Rico is proud to be an Equal Employment Opportunity Employer and takes affirmative action to employ Women, Protected Veterans, People with Disabilities, and Minorities regardless of gender identity, sexual orientation, and any other legally protected status.

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