Senior Accountant

Regions Financial - Birmingham, AL

Full-time - Mid Level

Birmingham, AL

Credit Intermediation and Related Activities

About the position

The Senior Accountant at Regions is responsible for managing accounting and reporting requirements for specific business groups, preparing financial reports, and ensuring compliance with accounting policies. This role involves analyzing financial results, collaborating with internal and external clients, and leading special projects to enhance operational efficiency.

Responsibilities

• Manages accounting and reporting requirements for select business groups including planning and analysis
• Prepares special accounting reports for management or regulatory authorities
• Monitors compliance with accounting policies and generally accepted accounting principles
• Interacts with various levels of internal and external clients to obtain or provide information and/or resolve issues for assigned tasks, accounts, and legal entities
• Provides general ledger research, inputs to strategic planning, and leads special projects
• Performs accounting estimates and ensures key reports and processes are operating efficiently and effectively
• Avoids legal challenges by complying with legal requirements
• Ensures the integrity of accounting information
• May coordinate preparation and distribution of financial statements
• May organize completion of quarterly and Annual regulatory filings
• May prepare balance sheet, profit and loss statement, and other reports
• Develops skills to become accounting subject matter expert
• May lead large projects

Requirements

• Bachelor's degree in Accounting or a related field
• Five (5) years of accounting, corporate finance or directly related experience
• Ability to manage multiple and competing priorities
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• Advanced analytical and research skills with high attention to detail and accuracy
• Advanced skills in Excel and Microsoft Word
• Excellent verbal and written communication skills
• Familiarity with accounting, Treasury, or capital market systems
• Knowledge of General Accepted Accounting Principles (GAAP), accounting systems, and practices

Nice-to-haves

• Experience accounting for debt securities
• Experience accounting for derivative transactions in hedged relationships
• Knowledge of back-office procedures related to security settlements, wire transfers
• Knowledge of margin activity related to ISDA and MSFTA contracts
• Experience with data governance procedures, identifying critical data assets, developing data controls
• Proficiency using Bloomberg terminal and data license to create reports
• Experience with TPG or other bond accounting software systems
• Proficiency using Workiva's W-Desk to create and run reports
• Advanced Excel Experience preferred. Specifically experience with: V lookups, Pivot tables, Conditional statements, VBA

Benefits

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program