Truist

Staff Accountant

Truist

full-time

Posted on:

Location Type: Office

Location: Richmond • Virginia • United States

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Job Level

Junior

About the role

  • Responsible for providing quality assured financial reporting of the business activities within the Line of Business (LOB).
  • Serves as liaison with the Corporate Policy team as subject matter expert, assisting in maintaining up to date policies, and requesting clarification of existing policies as required.
  • Primary roles include Management Reporting & Analysis, Financial Risk Management (FRM), Financial Reporting, and accounting controls and operations.
  • Responsibilities include management reporting, finance and accounting analytics, internal controls over financial reporting, execution of accounting processes, regulatory reporting, and accounting policy.
  • Analyzes basic information and makes decisions within guidelines or standard practices to solve problems or escalate as needed.
  • Contributes to projects by completing assigned tasks.
  • Works within standard operating procedures and controls under direct supervision.
  • Applies foundational knowledge and learns how to apply theoretical concepts in practical situations.
  • Assist with preparation of reporting and analyses of monthly results in support of the closing process (EOC and other monthly reporting) and understanding and reviewing financial results.
  • Subject matter expertise in the identification and querying of the data necessary to prepare and provide value added management reporting.
  • Account level variance analysis in support of the month-end close process.
  • Includes identifying, analyzing, and interpreting variances and unusual trends in the LOB GL activity.
  • Assist with preparation of standard and enhanced reports, regular and ad hoc analytics, and interpretation of LOB financial results.
  • Assess accounting impacts of business changes.
  • Includes understanding, articulating and reviewing results to ensure consistency with GAAP, financial policies, and controls.
  • Assists with preparing reporting and analyses of monthly results for the closing process to identify and mitigate areas representing material financial risk.
  • Provides support for LOB information enhancement initiatives.
  • Ensures adherence to relevant Financial Management requirements including policies, standards, procedures, internal controls, and record retention.
  • Support the month end close process
  • Analysis of GL activity and results.
  • Performance of SOX controls.
  • Preparation of journal entries to record the results of business transactions to the GL.
  • Serve as liaison with Accounting Operations group as subject matter expert for LOB accounting and data.
  • Works collaboratively with the LOB and SFO teams to ensure accurate recording of transactions to the GL.
  • Assist with preparation, review and oversight of quarterly and annual SEC and Regulatory disclosures and other financial filings.
  • As applicable by LOB, assist with preparation and review of quarterly and annual legal entity audited financial statements and annual report.
  • As applicable by LOB, assist with preparation, review, and monthly submission of other regulatory reports and filings - e.g. FINRA FOCUS II report; Form SIS, Form SSOI, Form OBS, Form Custody for registered broker/dealers.
  • Assist with monitoring compliance with Corporate accounting policies in the areas of the LOB that perform accounting processes.
  • Responsible for adhering to Truist accounting policies.

Requirements

  • Bachelor’s degree in Accounting or Finance, or equivalent education and related training.
  • One year of relevant accounting or finance experience
  • Ability to take direction and then work independently to complete tasks with moderate supervision.
  • Excellent verbal and written communication skills.
  • Strong analytical and problem-solving skills.
  • Sound and logical decision-making abilities.
  • Ability to work well with others in a dynamic, team-oriented environment.
Benefits
  • medical
  • dental
  • vision
  • life insurance
  • disability
  • accidental death and dismemberment
  • tax-preferred savings accounts
  • 401k plan
  • no less than 10 days of vacation
  • 10 sick days
  • paid holidays
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial reportingmanagement reportingfinancial risk managementaccounting controlsGAAPvariance analysisjournal entriesSOX controlsfinancial analyticsregulatory reporting
Soft Skills
analytical skillsproblem-solving skillsdecision-making abilitiescommunication skillsteamworkindependenceadaptabilityattention to detailcollaborationtime management