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Sr. Accountant at Flagstar Bank

Posted in Other 30+ days ago.

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Location: Troy, Michigan





Job Description:
Job Summary
This individual will support U.S. GAAP compliance on a company wide basis by assisting in the performance or documentation of accounting policies for company-wide routine and non-routine accounting matters inherent in the banking industry. The position will also assist in external reporting and SOX internal controls review, applying and maintaining the Bank's accounting policies and procedures and working with business partners to ensure that controls and processes are in place to apply those policies.

Job Responsibilities:
  • Collaborate with senior management to strategically develop, implement, perform and maintain accounting policies.
  • Perform and document analysis of accounting matters and provide recommendations to management and business units including those related to unique transactions.
  • May assist in the compilation and review of quarterly presentations made to the Executive Committee, Disclosure Committee and Audit Committee.
  • Assist in the compilation and review of SEC filings (10K, 10Q, 8K and others as appropriate).
  • May assist in the research and evaluation of transactions, legal contracts, business practices, and policies for compliance with accounting and regulatory reporting guidance.
  • Assist in special projects and help to drive efficiencies and process improvements across the accounting organization.
  • Identify financial risks within the department and provide solutions to mitigate risks.
  • Ensures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar's internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.


Job Requirements:
  • High School Diploma, GED, or foreign equivalent required.
  • Bachelor's Degree in Accounting or Finance required.
  • CPA preferred.
  • 2 - 5 years of Accounting experience in corporate or public environments required.
  • Excellent verbal and written communication skills.
  • Strong interpersonal and highly refined facilitation skills.
  • Solid problem solving, conflict resolution and team building skills.
  • Ability to interface effectively with all levels of leadership and employees within the organization.
  • Ability to work autonomously, handle multiple projects simultaneously and adapt to new demands and challenges.
  • Strong analytical and organizational skills with close attention to detail.
  • Ability to work under minimal supervision is required.
  • Excellent computer skills are required - MS Office, MS Excel, Macros, database use.