Senior Accountant II - Accounting Process & Technology

Job Summary

The Accountant Sr II position is for the more experienced senior accountants that can support a multitude of accounting activities. It is responsible for ensuring the integrity of accounting information by researching account issues for compliance and by establishing quality control over financial transactions and financial reporting. Acts as the senior resource to others on the team in the accounting department for accounting projects, processes and technical interpretations. Works with businesses in addressing accounting and transactions issues. Handles the most complex accounting transactions. Provides assistance to other senior accountants and the Accounting Manager with external audits and exams. Identifies opportunities for process enhancements.

Job Responsibilities

• Perform accounting functions that include but are not limited to verifying, allocating, posting and reconciling transactions.
• Analyze financial information and summarize financial status.
• Prepare monthly financial reports and accompanying schedules.
• Aid in providing follow up and documentation of significant variances.
• Aid in the completion of quarterly and annual regulatory filings.
• Support month-end close process and reporting process, according to required timelines.
• Plan, assign and review staff’s work.
• Respond to inquiries from senior managers.
• Provide technical support to management.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Review and recommend modifications to accounting systems and procedures.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.

Additional Accountabilities

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
• Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Job Requirements

• Education level required: Undergraduate Degree (4 years or equivalent) in Finance or Accounting.
• Minimum experience required: 6 years of progressively responsible relevant experience in accounting, preferably in the financial services industry and/or advanced knowledge of Flagstar’s accounting processes.
• Preferred Qualifications: Master’s degree in a related field is strongly desired. A CPA license is preferred. Mortgage, banking, or financial services experience. Strong business systems and applications skills desired.

Job Competencies

• Proven senior accounting experience with the ability to demonstrate thorough understanding of GAAP principles and procedures.
• Advanced analytical and accounting skills.
• Advanced experience with MS Word, MS Excel, MS Outlook.
• Proven keen awareness of accounting trends.
• Proven strength in communicating effectively with all levels of the organization both verbally and in writing.
• Advanced experience with general ledger functions and the month-end close and reporting process.
• Excellent accounting software user and administration skills.
• Proven ability to effectively handle multiple projects simultaneously in a deadline driven environment.
• Efficient in solving problems, and working with diverse variables.
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights.
• Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.