Accounting & Financial Reporting Manager
About the role
We are looking for an Accounting & Financial Reporting Manager to join our team. The role involves leading the US GAAP accounting and consolidated financial reporting function of VersaBank, ensuring compliance with US GAAP, SEC reporting requirements, applicable banking regulations, and internal control standards. You will work in direct partnership with management, regulators, and external auditors.
Responsibilities
- Lead preparation and review of monthly, quarterly, and annual consolidated financial statements (SEC and other Regulators) including disclosures.
- Lead preparation of the Consolidated US GAAP Statement of Cash Flows.
- Review journal entries, balance sheet reconciliations and supporting schedules prepared by accounting staff.
- Develop, maintain and document US GAAP accounting policies and accounting position papers.
- Coverage with external auditors and regulators and serve as the primary US GAAP accounting contact during audits and examinations.
- Develop, document and maintain SOX 404 internal controls over financial reporting, including process narratives, control matrices, risk assessments and remediation plans.
- Utilize Sage ERP to develop financial reports, validate accounting data and improve reporting capabilities.
- Promote a culture of continuous improvement by challenging existing processes, identifying opportunities for automation and standardization, and implementing solutions that improve efficiency while maintaining the highest standards of accuracy, governance and regulatory compliance.
- Mentor, coach and develop team members.
Requirements
- Bachelor's degree in Accounting, Finance or related field.
- CPA designation preferred.
- 6–10 years of progressive accounting experience with financial institutions or publicly traded companies.
- Strong knowledge of US GAAP and SEC financial reporting requirements.
- Experience preparing US GAAP Statements of Cash Flows for an international company preferred.
- Experience supporting Bank Holding Company reporting preferred.
- Advanced Microsoft Excel skills.
- Excellent analytical, organizational and problem-solving skills.
- Strong written and verbal communication skills.
- Able to manage multiple priorities while maintaining exceptional attention to detail.
Qualifications
- Ability to manage multiple priorities while maintaining exceptional attention to detail.
Skills
- US GAAP and SEC financial reporting expertise.
- Financial statement preparation and analysis.
- Internal control documentation and maintenance.
- Financial reporting software proficiency (Sage ERP).
- Leadership and mentoring abilities.
Benefits
We offer excellent career advancement opportunities, an informal, positive work environment, and a very competitive compensation package including medical, vision and dental coverage, and life, AD&D and disability insurance. VersaBank USA employees also enjoy participation in a 401(k) plan, and time off policies as well as annual incentive awards.
Pay
The salary range for this position is $80,000 - $120,000 annually, depending on experience and qualifications.
Schedule
The position is full-time and is based at VersaBank’s Minneapolis, Minnesota office location.
Equal Opportunity Employer
VersaBank USA is an equal opportunity employer committed to diversity, equity, and inclusion. We believe that we grow as we actively search for new ideas and welcome different perspectives. We also recognize that the best way we can serve our diverse communities is to have those communities represented in our workforce.