About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
How This Role Impacts Live Oak and its People
This position will be responsible for supporting Accounting Managers in external and internal financial reporting requirements of Live Oak Banking Company, its affiliate companies, and its parent company. Responsibilities will include, but may not be limited to, preparation of underlying financial statements and disclosures, for SEC, regulatory, and board reporting.
What You’ll Do at Live Oak
Responsible for timely and accurate preparation of financial statements and footnotes as well as scheduling SEC filings (10-Ks, 10-Qs and 8-Ks related to earnings release).
Oversee the coordination, EDGAR-ization and XBRL tagging of SEC filings.
Assist in the preparation and review of SEC, regulatory, and board reports.
Assist with month, quarter, and year-end closing process.
Promote change while helping enhance efficient and effective financial reporting processes.
Support and maintain internal control over financial reporting process.
Research, evaluate and assist with implementation of new accounting standards.
Engage in and/or oversee special projects as required.
Perform and preserve account and report maintenance in the general ledger system.
Collaborate directly with various stakeholders within accounting and other departments to ensure efficiency and effectiveness around efforts are thoughtfully done to maximize systematic controls and clarity around responsibilities & timelines.
Educate and routinely connect with control owners and their designees in other departments to ensure clarity around accounting dependencies to ensure quality source data.
How You’ll Do It
Prepare and review financial schedules/workpapers that support financial statement and disclosure requirements for SEC, regulatory, and internal financial reporting.
Organize the Accounting department’s quarterly reporting tasks and calendars.
Prepare quarterly financial board reports.
Research financial statement variances and present explanations.
Coordinate and provide requested documentation for quarterly reviews and annual audit performed by external auditors.
Interact with Accounting Managers, Chief Accounting Officer, and various departments to support the creation of financial reports and/or disclosures.
Maintain proper documentation as required for record retention purposes.
Function as a team and realizes all members of the team are vital to its success.
Required and Preferred Experience
Minimum of five years of work-related experience in financial reporting or auditing
Previous experience with financial and SEC reporting is strongly preferred
Knowledge of financial institution industry and risks
Proactive in project planning and execution, able to meet precise deadlines with a quality product
Must have a positive attitude and promote a culture of collaboration and teamwork
Must be organized, detail-oriented, and have excellent written and verbal communication skills with various levels of management
Must be a self-starter, a team player, flexible, and able to work on several projects simultaneously
Strong analytical, problem-solving, time management, and computer skills, including proficiency with Word and Excel
Bachelor’s degree in Finance or Accounting, graduate degree a plus
Certified Public Accountant (CPA) license preferred
Our Values
Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
Respect: Treat everyone wi.th courtesy, politeness, and kindness.
Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more
For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [email protected].
EEO is the Law
Commitment to Diversity
Live Oak Bank is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills, experience, and unique perspectives. This commitment is embodied in company policy and the way we do business at Live Oak Bank and is an important principle of sound business management.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.
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What We Do
Live Oak Bank has had the privilege of helping thousands of passionate, driven people turn their dreams into reality. These everyday heroes aren’t in it for the fortune or the fame. They’re in it to make a difference, just like we are.
As one of the last banks to get a charter before the start of the Great Recession, Live Oak emerged out of the rubble of 2008 as the first bank to keep the customer at the center of the business model. We put a groundbreaking spin on what banking could be, focused on service and technology to redefine banking.
Live Oak is a digital, cloud-based bank serving small business owners in all 50 states. We are the #1 SBA 7(a) lender by dollar volume* in the country and our mission is to be America’s small business bank. We aim to fulfill that mission through banking products that help business owners buy, build and expand, along with FDIC-insured checking, high-yield savings and CD accounts to grow their hard-earned money. Our family of companies under the holding and parent company Live Oak Bancshares (NYSE: LOB), and our subsidiaries, partner with businesses who share a groundbreaking focus on service and technology to redefine banking.
Our mantra is to treat every customer like the only customer and our mission is to be America’s small business bank.
