Director of Accounting Operations

Description

JOB SUMMARY:
The Director of Accounting Operations is a highly effective, results oriented individual with proven ability to lead others toward the successful attainment of objectives. The Director is a key member of Seacoast's Finance and Accounting Team, and is responsible for corporate accounting activities and functions, including establishing and maintaining accounting policies and procedures and internal control over financial and regulatory reporting, overseeing the accounting close and consolidation process and periodic reporting, partnering with and advising business lines and other corporate functions on significant accounting matters.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Manage operational activities:

• Oversee daily activity of accounting function, including daily general ledger operations, account reconciliations, and accounts payable.
• Oversee the performance of the accounting team to ensure the successful and timely completion of the month-end close process for the organization. Hold business lines and accounting teams responsible for smooth and timely close.
• Analyze and review financial statements to ensure transactions are accurately reflected in accordance with GAAP.
• Primary liaison with internal and external auditors and regulators during audits, reviews, and examinations of accounting areas.
• Adhere to Seacoast Bank's Code of Conduct.

Business line analysis and support:

• Perform monthly variance and net interest margin analyses. Partner with business line leadership to identify, monitor and report monthly results and variances vs. forecasts/budgets.
• Advise the finance, accounting, and business line functions in evaluating complex issues and transactions and strategic initiatives, including mergers and acquisitions, and other financial accounting and reporting matters.
• Analyze contracts or agreements as needed to determine accounting treatment and own the process from analysis to recording and reporting. Work closely across all functions to discuss implications of potential transactions and strategies on financial statements.
• Prepare ad hoc reports, financial analyses and participate in special projects.

Data management:

• Oversee financial systems, data quality, and data accessibility to ensure the accuracy and timeliness of financial reporting.
• Implement and monitor processes to manage and streamline activities.
• Facilitate the resolution of issues and concerns that create barriers to a high-performing team and work environment.

Process efficiency and strategic solutions:

• Work to continually enhance internal controls, maintain updated documentation of current departmental policies and procedures, and lead change initiatives, operational effectiveness reviews and process improvements.
• Lead SOX function for the organization, including annual scoping and risk assessment analyses. Engage business lines and functional areas to ensure controls assessments and documentation are monitored and updated. Assist with deficiency analysis and remediation efforts.

Leadership and people development:

• Develop and manage a performance-oriented accounting organization, capable of actively and effectively engaging and growing with the business.
• Champion and build a culture of control and accountability.
• Mentor and manage the accounting function to facilitate associate engagement and professional development.
• Continually strive to develop talent within and recruit talent to the accounting organization to promote associate retention and meet current and future business needs.

Business Continuity Planning

• Responsible for the maintenance and testing of the Business Continuity Plans and Recovery Procedures for areas of responsibility. Ensures that issues identified through testing or audit results are appropriately addressed and mitigated. Also responsible for conducting annual awareness training to team members to familiarize them with key information on response strategies and recovery action plans.

EDUCATION and/or EXPERIENCE:

• Bachelor's or Master's Degree in Accounting
• Licensed CPA
• Minimum of 7 years' experience in public accounting (audit background within financial services) or accounting within a large public corporation
• Previous banking/financial services experience, with strong knowledge of banking products and services and accounting and presentation issues relevant to the industry
• Mastery of GAAP accounting concepts and current accounting and financial reporting practices
• Strong verbal and written communication skills

The Statements above are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of responsibilities, duties, and skills. Because these statements are general, the job description is used for a variety of purposes including job evaluations; performance reviews; recruitment; etc. All Associates are required to adhere to the highest legal and ethical standards applicable to our industry. It is the policy of Seacoast Bank that all Associates will be familiar and compliant with all regulatory, legal, ethical and Bank risk mitigation requirements pertaining to both our industry and their individual roles. This includes the on time, successful completion of annual required training post-hire and effective execution of role responsibilities.