Accountant
Flagstar Bank
Troy, MI
Position Title
Accountant
Location
Troy, MI 48098
Job Summary
The Accountant is responsible for ensuring the integrity of accounting information by accurate and timely reporting for financial transactions and financial reporting. Independently responds and resolves inquiries from other departments as it relates to area of expertise (i.e. loans, deposits, cash, etc.). Determines journal entry booking into the financial statements, solving reconciling items, explaining variances to respond to financial planning counterparts. Resolves non-routine variances identified through performing reconciliations. Prepares and submits financial reports and disclosures.$50,146.50-$83,325.00
Job Responsibilities:
- Record financial transactions in the ledger and maintain required documentation. Act as a consultant to lines of business to ensure appropriate explanations for reconciling items. Analyze accounting options and suggest financial actions. Decision journal entries and how to book when new processes/accounting standards are applicable. Resolve variances identified through performing reconciliations that are non-routine.
- Complete various financial reports and disclosures following regulatory and GAAP requirements. Respond to accounting related questions by researching accounting regulations and policy. Provide analysis to financial planning to forecast on non-routine variances.
- Ensure accounting controls by documenting procedures. Ensure that legal financial requirements are adhered to and provide advice on relevant actions.
- Participate and/or complete accounting projects.
- Guide accounting clerical staff by answering relevant questions and coordinating activities.
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
Required Qualifications:
- Education level required: Undergraduate Degree (4 years or equivalent) in Accounting, Finance or related.
- Minimum experience required: 1+ Years in Accounting.
Preferred Qualifications:
- Education level preferred: Master's Degree (or Postgraduate equivalent) in Accounting, Finance or related.
- CPA designation preferred.
Job Competencies:
- Excellent knowledge and understanding of Generally Accepted Accounting Principles.
- Advanced proficiency in Microsoft Excel package.
- Proficiency in the use of accounting software, including Microsoft.
- Ability to analyze accounting options and perform mathematical computation.
- Strong ability in managing and processing large quantity of data.
- High proficiency in data organization, filtering, as well as combining functions.
- Proactive and customer focused.
- Strong ability to organize work schedules.
- Efficient in communicating both orally and in writing with all levels of staff.
- Self-motivated with strong ability to prioritize tasks and perform multiple duties simultaneously.
- Efficient in solving problems, and working with diverse variables.
Flagstar is an Equal Opportunity Employer
Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank
About the Company
Flagstar Bank
On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York.
At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators.
We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know..