Finance Principal

Location: Jacksonville, FL. or Charlotte, NC. (5-days in office)

Duration: 7-month assignment

Conversion: Eligibility based on budget and performance

This Finance Principal is responsible for designing and performing analysis of the organization's financial results. Through financial modeling, analysis and reporting, this job provides insights into the company's financial status, including volumes, pricing, interest income, interest expense, funds transfer pricing, operating expenses, commissions, loan and deposit balances, cash flows, equity, operating income and headcount. Under limited supervision, this job's analysis, modeling and reporting is used by senior management to inform business and financial decisions. The job partners with Controllership to ensure accurate recording and reporting of the Company's financial results through detailed analysis. This job also focuses on evaluating alternative financial plans as well as developing economic analysis and business reports.

Must-Have:

• SEC Reporting experience
• Financial or Regulatory Reporting for a consolidated company
• Ability to research SEC or regulatory guidance, interpret and apply to the SEC filing

Nice-to-Have:

• CPA or accounting degree
• Banking experience
  

Key Responsibilities and Duties

• Evaluates financial models that analyze monthly financial results in order to identify drivers and explain key variances.
• Ensures adherence to financial regulations, accounting standards, and audit requirements. Liaises with internal and external auditors during annual audits.
• Requires experience supporting SEC reporting and public company financial reporting requirements, including preparation and review of periodic filings and related disclosures.
• Assists with preparation of financial reporting to external parties such as regulators, investors and Board.
• Performs analysis of the financial statements and key metrics to understand and communicate bank’s performance.
• Reviews forecasts and modeling and ensures that results are timely and accurate.
• Leads planning and re-forecasting activities and updating/evolving forecast models.
• Monitors general ledger journal entry activity during the closing process to help ensure that financial statements are accurate.
• Reviews ad hoc departmental reports that analyze departmental financial results versus budget/forecasts.
• Reviews financial reports and presentations for management that inform business and financial decisions.
• Provides support to junior Financial Analysts regarding challenges that require more advanced knowledge and experience.
• Prepares monthly, quarterly and annual financial reports ensuring accuracy and compliance with GAAP and regulatory standards.
• Ensures financial risks are mitigated through execution of appropriate controls.

Educational Requirements

• University (Degree) Preferred: Yes – accounting or finance degree or relevant, direct experience in SEC/financial reporting.

Work Experience

• 5+ Years Required; 7+ Years Preferred: Prefer public accounting and/or banking experience. Prefer experience working in a corporate role with ownership and visibility to total company financial reporting