Senior Accountant

Overview Employer: Republic Business Credit, a subsidiary of Renasant Bank This position serves Republic Business Credit which is a subsidiary of Renasant Bank. The Senior Accountant will be responsible for key areas of the day-to-day accounting operations of Republic Business Credit ("Republic" or "RBC"), applying accounting knowledge and judgment to ensure the accuracy and timeliness of financial records, reconciliations, and reporting. Working closely with the Controller, the Senior Accountant will prepare journal entries, account and cash reconciliations, and supporting schedules for the monthly close, working with the Manila team on daily and monthly reconciliations. The Senior Accountant will also manage day-to-day treasury activity, prepare and analyze borrowing base submissions, and oversee accounts payable, payroll, and commission calculations, as well as perform and document assigned SOX controls and serve as a point of contact for internal and external audit requests. The Senior Accountant will play an important part in maintaining accurate financial records and a strong control environment at Republic Business Credit, applying accounting knowledge and independent judgment to deliver analysis that enables timely reporting and sound decision-making. As a member of Republic’s finance team, the Senior Accountant will uphold the highest standards of accuracy, confidentiality, and professionalism, both internally and in dealings with external parties including vendors, banks, and auditors. This position is expected to: Prepare accurate and timely journal entries, account reconciliations, and supporting schedules as part of the monthly close process. Prepare and analyze borrowing base submissions and other reporting required by the Bank, in partnership with the Controller. Oversee the accounts payable process and prepare payroll and commission calculations, evaluating whether payments are accurate, properly supported, and compliant with policy before they are made. Maintain data integrity by reconciling operational data from Factorsoft to the accounting system, investigating the root cause of discrepancies, determining appropriate corrections, and escalating significant issues. Work closely with the Manila team on daily reconciliations and review monthly reconciliations, determining how exceptions should be resolved and ensuring they are cleared promptly and accurately. Manage day-to-day treasury activity, including monitoring cash positions and bank balances, assessing funding needs, and initiating fund movements within approved limits. Perform and document assigned SOX controls, retaining clear evidence of performance and review, and support control testing by internal and external auditors. Contribute to third-party risk management by evaluating vendor documentation and preparing assessments for quarterly and annual vendor reviews. Build a working knowledge of Republic’s business, systems, and processes, and identify and recommend process and control changes that improve the efficiency and accuracy of the finance function. Follow applicable regulations, GAAP standards, and internal policies and procedures in all accounting work, applying judgment in their interpretation and consulting the Controller on complex or unusual matters. REPUBLIC BUSINESS CREDIT AND RENASANT BANK ARE EQUAL OPPORTUNITY EMPLOYERS Responsibilities Prepare monthly journal entries, accruals, and prepayment schedules, and contribute to the preparation and analysis of the monthly management financial statements. Prepare balance sheet account reconciliations with supporting documentation, investigating and resolving reconciling items in a timely manner. Prepare the bimonthly borrowing base submission to Renasant Bank, analyzing the underlying data, preparing supporting schedules, and resolving questions on its contents with the Operations team. Perform cash reconciliations across all bank accounts and multiple operating software platforms, identifying and investigating variances, determining the appropriate resolution, and escalating significant unresolved items, system outages, or data discrepancies to the Controller. Work closely with the Manila team on daily reconciliations, serving as their primary point of contact for queries, reviewing completed reconciliations, and investigating and resolving exceptions in a timely manner. Oversee the Manila team’s preparation of monthly reconciliations, providing guidance and supporting information, reviewing their work, and ensuring reconciliations are complete, accurate, and finalized within month-end close deadlines. Manage treasury activity, including monitoring bank balances and availability under the credit facility, initiating and tracking wire transfers and fund movements between accounts within established approval limits. Manage the Accounts Payable process, including reviewing invoice coding for appropriate GL treatment, obtaining approvals, preparing payment runs, and overseeing vendor master records, ensuring that only valid, properly supported payables are paid promptly. Prepare, review, and submit bi-weekly payroll information to the payroll provider, reconcile payroll to the general ledger, and investigate and resolve variances. Calculate monthly commissions payable to external brokers and the sales team, interpreting commission agreements for Controller approval. Reconcile operational finance information from Cadence and NAS to the accounting system, ensuring it is accurately reflected in the financial statements. Maintain the fixed asset register, including evaluating whether additions meet capitalization criteria, recording disposals, and calculating monthly depreciation. Perform assigned SOX controls, retaining evidence of performance and review, and update process and control documentation, recommending improvements where gaps are identified. Support third-party risk management by reviewing vendor due diligence documentation for completeness and risk issues and contributing to quarterly, annual, and Bank-requested vendor reviews. Contribute to monthly budget and forecast updates by preparing actual-versus-budget analysis and explaining significant variances. Prepare audit schedules and supporting documentation, and respond directly to requests from internal and external auditors. Ensure accounting records are complete, current, and audit-ready, and help administer the accounting system, including chart of accounts maintenance. Partner with the Controller on special projects as required, which may include acquisition due diligence and integrating acquired entities into Republic’s systems and processes. May assist in the completion of the annual 1099 preparation and filing, benefits administration support, and other compliance or reporting duties as required by the business. Perform other related duties as assigned. Qualifications Bachelor’s degree in Accounting (or Finance with substantial accounting coursework) required; CPA or progress toward CPA certification preferred 1 to 3 years of experience in an accounting or finance role, ideally in financial services, commercial finance, or public accounting Solid knowledge of GAAP, the month-end close process, and account reconciliations, with the ability to apply GAAP to non-routine transactions Strong attention to detail and a commitment to accuracy Strong analytical and problem-solving skills, with the ability to exercise sound independent judgment Effective communication skills to collaborate with team members and clients Good planning and organizational skills with a logical and methodical approach to work. Ability to meet deadlines, multi-task, and prioritize workload as needed Competency in Microsoft Office (particularly Excel and Word) and Google (Google Mail, Google Docs/Sheets and Google Drive); experience with accounting software is a preferred Benefits Renasant offers the following benefits for this position: Medical Dental Vision Flexible Spending Account Dependent Care Flexible Spending Account Health Savings Account Group Life Insurance/AD&D/LTD Voluntary Life Insurance (Term and Whole) Supplemental Disability Plans 401(K) Plan Employee Assistance Program Tobacco Cessation Program Family MedicalLeave Paid Leave Accruals Holiday Pay Employee Savings Plan Employee Checking. The base annual salary for this position ranges from $65,000-$90,000. Pay is based on several factors including but not limited to, market location and may vary depending on job related knowledge, skills, education/training, and a candidate's work experience. Physical Demands The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus. Work Environment The professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high-risk situations (i.e. theft, fraud), detailed instructions and procedures are required to be followed at all times to safeguard Republic Business Credit’s employees, customers, and assets. The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word “May”. This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law. This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description. #J-18808-Ljbffr Renasant Insurance, Inc.