Job Description

Job Duties and Responsibilities:

· Reviews and approves the General Ledger Journal Entries and monthly adjusting entries and analysis for the Bank and its subsidiary.

· Supervise and assist in the month-end and year-end close process.

· Reviews and approves the monthly financial statements, including consolidated financial statements.

· Assists in the preparation of quarterly, and annual regulatory reports including the Call Report, FRY-9LP, FRY-9C, FRY-10, FRY-6 reports.

· Reviews the quarterly CECL allowance.

· Review the quarterly ALCO reports.

· Assists the internal and external auditors with the information needed to complete the audits.

· Responsible for the monthly accounting for the bank’s investment portfolio.

· Reviews and approves the intercompany transactions and the associated eliminations and analyzes balance sheet and income/expense trend.

· Monitors, daily, intercompany balance sheet and income statement balances.

· Assists in the preparation of weekly, quarterly, and annual regulatory reports including the Call Report (FFIEC-041), FR2900, FRY-9LP, FRY-9C, FRY-10, FRY-6, and other filings.

Knowledge, Skills & Abilities

• Knowledge of general accounting concepts, practices, and procedures
• Experience in preparing bank, general ledger, and off-balance sheet account reconciliations, and researching and clearing reconciling items.
• Proficiency in the MS Office suite of products, primarily Excel, and its analytical, formula, and financial functions (specifically V-Look-ups, Pivot Tables and Sum If formulas)
• Strong research, analytical, problem solving and communication skills.
• Ability to create ad-hoc reports from the bank’s general ledger core system.
• Ability to work in a team environment as well as independently.
• Ability to work in a fast-paced Accounting environment which has tight deadlines to Senior Management and the Company’s regulators including the Federal Reserve, OCC and FDIC.
• Attention to detail, control oriented and time management skills are essential.
• Strong analytical and technical skills in working with numbers.
• Knowledge of Finastra, specifically Phoenix
• Excellent writing and verbal communication skills.
• Ability to effectively manage projects and prioritize tasks.
• Attention to detail, control oriented and time management skills are essential.
• Ability to work in a fast-paced environment, while ensuring accuracy
• Ability to make decisions, problem solve and work independently and remotely
• Ability to maintain organized records and good documentation skills

Experience & Education

• Bachelor’s degree with a concentration in finance/accounting or related field.
• Minimum of 4-6 years of experience in banking.
• Prior experience with Finastra products, including Phoenix.
• Knowledge with FiServe Precision is a plus

Position is fully remote.

Job Type: Full-time

Pay: From $60,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Life insurance
• Paid time off

Schedule:

• Monday to Friday

COVID-19 considerations:
Customers are encouraged to not enter the institution if sick, mask wearing is appreciated but not required, and Summit places a high priority on sanitizing common surfaces regularly to keep our staff and customers safe.

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 2 years (Required)
• Banking: 4 years (Preferred)

Work Location: Remote

• Health insurance

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