Job Description:
Job Description
If you??re looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
The Manager, Loan Accounting will leverage accounting and analytical skills and understanding of U.S. GAAP to oversee various loan accounting activities including but not limited to loan accounting, loan reconcilements, analytics, and loan reporting.
Key Responsibilities:
- Oversees loan accounting functions of the monthly, quarterly and annual book close cycles, monitoring timely completion and escalating issues for resolution.
- Accurately and efficiently performs accounting activities of increasing complexity.
- Creates increasingly complex financial statement schedules, audit support schedules and other reports in a timely manner.
- May perform detailed review of other team members' schedules.
- Researches and applies accounting policy to business issues that arise.
- Establishes, documents and performs internal control procedures to ensure accurate and timely financial reporting.
- Understands how data flows through the financial systems to the accounting function in order to identify issues and take action to address them.
- Continually assesses the business value and efficiency of the work performed, making suggestions for improvements and collaborating with others in implementing them.
- Leads or actively participates in increasingly complex department projects and continuous improvement activities.
- Bachelor's degree in Accounting, CPA and/or graduate degree preferred
- 5-8 years of accounting experience or progressively challenging experience within an accounting function, financial services preferred
- Ability to perform detailed variance review and financial analysis
- Excellent computer skills -- especially in complex Excel functions to quickly be able to analyze data
- Effective written and oral communication skills
- Demonstrates the ability to understand and interpret complex accounting issues and processes and to recommend actions to ensure integrity of financial systems and compliance with GAAP.
- Works and communicates effectively with management and staff throughout the organization
- Demonstrates project management skills with proven success at managing projects to completion with limited supervision
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
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