Consumer Acctg Lead

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office or Remote
Senior level
Digital Media • Fintech • Information Technology • Machine Learning • Financial Services • Cybersecurity • Automation
Ready to Transform the Future | Careers in Technology & Security
The Role
Maintain general ledger balances and financial records for a student loan portfolio. Perform reconciliations, cash settlement and journal entries, month-end close support, develop procedures, ensure GAAP compliance, identify process improvements, and support accounting projects and reporting.
Summary Generated by Built In

Consumer Accounting has an opening for a Senior Staff Accountant to join our team to support the externally serviced student loan portfolio. The Senior Staff Accountant's responsibilities include maintaining financial records, reporting, performing account reconciliations, assisting with month end close processes, authorizing and maintaining procedures, complete the daily balancing and cash settlement journal entries, and other assigned projects. 

To be successful as a Sr. Staff Accountant, you should be able to accurately maintain general ledger balances and ensure compliance with Generally Accepted Accounting Principles (GAAP) and have excellent communication, organizational and analytical skills, and be detailed oriented.

Senior Staff Accountant Responsibilities:

  • Maintaining financial records by processing daily, weekly, and monthly transactions to be certain that books balance at the end of the day.
  • Ensuring proper allocation of daily ACH or wire settlements with external clients, servicers or vendors.
  • Resolving errors by performing complex reconciliations and following procedures to determine and process adjusting entries to maintain accurate financial records on general ledger.
  • Develop and maintain procedures
  • Identifying process gaps, risks, and efficiencies
  • Application of GAAP and internal Accounting Policies specifically for but not limited to expense and income recognition.
  • Applying Corporate Accounting Policy standards to all functions
  • Ensuring proper controls are in place for all processes and recommend process improvement where necessary including updating procedures, process flows, and other product documentation
  • Actively participating in new and existing projects
  • Provide support to Accounting Manager on projects
  • Prepare reporting for internal or external delivery

Qualifications

Required Skills/Experience

  • BA/BS degree in Accounting or Finance preferred
  • 3-5 years of professional experience in an operational and or accounting/finance role
  • Intermediate in Microsoft Office - specifically excel including V-lookups, H-Lookups, Pivots, Table and Graph creation
  • Ability to work individually and collaboratively across multiple teams
  • Experience performing in an ever-changing environment with proven ability to multitask
  • Strong Accounting background with experience in detailed research and analysis
  • Ability to work in a fast paced, deadline driven environment
  • Excellent understanding of accounting principles (GAAP, FASB)
  • Excellent analytical skills and detail oriented

Hours & Work Schedule

  • Hours per Week: 40

  • Work Schedule: 8:30am - 5:00pm

Role is based out of Johnston RI, 4 days onsite/week.
 

About Us

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Equal Employment and Opportunity Employer

Job Applicant Data Privacy Policy

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.


Skills Required

  • 3-5 years of professional experience in an operational and/or accounting/finance role
  • Intermediate Microsoft Office, specifically Excel including VLOOKUP, HLOOKUP, PivotTables, table and graph creation
  • Strong accounting background with experience in detailed research and analysis
  • Excellent understanding of accounting principles (GAAP, FASB)
  • Ability to work individually and collaboratively across multiple teams
  • Experience performing in an ever-changing environment with proven ability to multitask
  • Ability to work in a fast paced, deadline driven environment
  • Excellent analytical skills and detail oriented
  • BA/BS degree in Accounting or Finance
  • Role based out of Johnston, RI, 4 days onsite per week
  • Must successfully pass a background check (credit, MVR, employment verification, criminal)

Citizens Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citizens and has not been reviewed or approved by Citizens.

  • Parental & Family Support Parental leave is described as six weeks at 100% pay for all new parents, with up to 16 weeks for birthing parents. Family-building and caregiving supports include more than $25,000 in adoption assistance and up to 10 days of backup care.
  • Leave & Time Off Breadth Time off includes 11 paid holidays and up to 27 PTO days, with materials encouraging employees to use their time. This breadth is frequently positioned as a core strength of the total rewards package.
  • Fair & Transparent Compensation Pay practices are presented as equitable, with disclosures citing near-parity by gender and no gaps for people of color in similar roles. Transparency shows up in posted hourly ranges for retail roles, and some markets list banker pay at competitive levels.

Citizens Insights

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The Company
HQ: Providence, RI
17,000 Employees
Year Founded: 1828

What We Do

As one of the oldest and largest financial services firms in the United States with a history dating back to 1828, we’re committed to providing solutions and expertise that support our customers, clients, colleagues, and communities in what’s next on their own unique journey. We invest in the humans who build the logic, ideas, and innovations that bring new technologies to life. Investments in AI, cloud computing, machine learning and automation provide our engineers the tools that enable us to remain competitive and win in today’s environment. At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do. Whether you’re considering banking with us or looking to work with us, you’ll find a customer-centric culture and a supportive, collaborative workforce at Citizens. You’re made ready and so are we. If you're ready to advance your career in technology and security, learn more about opportunity's Citizens offers here: https://jobs.citizensbank.com/digital-transformation

Why Work With Us

We empower the colleagues that power our tech. With growth & upskilling opportunities and sought-after benefits, plus a diverse culture of people and perspectives, we help our colleagues achieve career goals. Because innovation can’t happen without the minds and hearts of our people. Technology is constantly evolving, and we believe you can too.

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