Sr Accountant - Regulatory

Posted Yesterday
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Minnetonka, MN, USA
In-Office
85K-90K Annually
Mid level
Real Estate
The Role
The Senior Accountant - Regulatory is responsible for managing bank reconciliations, ensuring financial compliance, and supporting month-end closings and process improvements.
Summary Generated by Built In

Job Description:

The Senior Accountant - Regulatory is responsible for overseeing the bank reconciliation function and ensuring the accuracy, timeliness, and compliance of all cash-related financial activities. This role blends advanced accounting expertise with leadership responsibilities, including oversight of reconciliation activities across multiple locations, approval of reconciliations, process improvement initiatives, and support of the monthly close.

*This is a hybrid role (2 days in the office) so must be located near Minnetonka, MN

In this role, you will:
  • Oversee and monitor the timely completion of bank reconciliations from multiple locations through management of a reconciliation tracking log
  • Prepare and maintain a cash lead schedule for the CFO
  • Serve as the primary point of contact for reconciliation-related questions, providing training and guidance to reconciliation staff in field locations
  • Review and approve bank reconciliations, ensuring completeness, accuracy, and adherence to internal controls
  • Identify, research, and resolve discrepancies between bank activity and the general ledger
  • Prepare and post journal entries to resolve reconciliation issues as needed
  • Perform monthly reconciliations for miscellaneous cash general ledger accounts not tied to a specific bank account
  • Support monthly and annual close processes, including the timely and accurate preparation of quarterly reports
  • Evaluate existing processes and recommend improvements to enhance efficiency, accuracy, and control
  • Partner with IT, Treasury, and cross-functional teams to streamline workflows and resolve system or process issues
  • Maintain strong internal controls and ensure compliance with company policies, GAAP, and audit standards
  • Assist with internal and external audits by providing required documentation, analysis, and support
Skills and Experience required to be successful:
  • Bachelor’s degree in accounting or a related field required
  • 4–7 years of accounting experience, with a strong focus on bank reconciliations
  • Solid understanding of GAAP and cash accounting principles
  • Proficiency with accounting systems (Workday Finance preferred, but not required)
  • Intermediate to advanced Excel skills
  • Strong analytical, problem-solving, and communication abilities
  • Ability to perform effectively in a high-volume, deadline-driven environment
  • Experience with reconciliation automation tools and ERP integrations is a plus

#LI-MB1

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position's Pay Range:

$85,000 - $90,000

Benefits may include:

  • Comprehensive medical, prescriptions, dental and vision plans

  • 401(k) plan with a discretionary company match

  • Shareholder Purchase and Reinvestment Plan

  • Basic life and accidental death and dismemberment insurance premium paid by the company

  • Voluntary supplemental life insurance for employees, spouses and dependent children

  • Fertility and Family Building Benefits

  • Paid Disability benefits

  • Paid time off programs

  • 11 Company paid holidays per year

  • Flexible spending account

  • Health savings account (available to High Deductible Health Plan participants only)

  • Employee Assistance Program

  • Educational Assistance Program

  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance

  • Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge

  • Transportation benefit plan for mass transit, parking and vanpool, in several markets

Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer

Top Skills

Excel
Workday Finance
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The Company
Tampa, FL
3,518 Employees
Year Founded: 1907

What We Do

Old Republic Title is one of the largest title insurance groups* in the United States. We operate through a national network of Company-owned offices, affiliates, authorized agents and approved attorneys, which allows us to service our customers in both large and small markets across the country. *Members of the Group are: Old Republic National Title Insurance Company and American Guaranty Title Insurance Company. OUR MISSION Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders and other important stakeholders place in us.

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