Accounting

Regulatory Reporting Accountant

Looking to hire your next Regulatory Reporting Accountant? Here’s a full job description template to use as a guide.

About Vintti

Vintti is a staffing agency that acts as an economic enabler. By connecting US-based SMBs, startups, and firms with top-tier Latin American talent, we drive growth on both sides of the equation. For US businesses, we offer access to a pool of highly skilled professionals at competitive rates, allowing for increased efficiency and scalability. For Latin American workers, we provide opportunities to engage with the US market, fostering professional development and economic advancement. Vintti stands at the intersection of global talent and American enterprise, facilitating partnerships that stimulate economic prosperity across borders.

Description

A Regulatory Reporting Accountant is responsible for ensuring that an organization complies with all financial regulatory requirements by preparing and submitting accurate regulatory reports. This role involves compiling financial data, analyzing trends, and interpreting complex financial regulations to ensure adherence to legal standards. Additionally, the Regulatory Reporting Accountant collaborates with various departments, providing them with insights and guidance to maintain compliance, mitigate risks, and optimize financial performance, playing a vital role in safeguarding the organization's reputation and ensuring smooth operations.

Requirements

- Bachelor's degree in Accounting, Finance, or a related field.
- CPA or equivalent professional accounting certification preferred.
- Minimum 3-5 years of experience in regulatory reporting, accounting, or finance.
- Strong knowledge of regulatory requirements and standards (e.g., Basel III, Dodd-Frank, IFRS, GAAP).
- Proficiency in financial reporting software and tools.
- Advanced Excel skills and familiarity with data analysis techniques.
- Excellent analytical and problem-solving abilities.
- Strong attention to detail and accuracy in financial reporting.
- Effective communication and interpersonal skills.
- Ability to work independently and collaboratively within a team.
- Strong organizational and time management skills.
- Familiarity with general ledger systems and financial data reconciliation.
- Experience with variance analysis and identifying discrepancies.
- Ability to stay current with changes in regulatory reporting requirements.
- Experience with audit preparation and participation.
- Ability to provide training and guidance to junior staff members.

Responsabilities

- Prepare and submit accurate regulatory reports to financial authorities and regulatory bodies.
- Maintain up-to-date knowledge of relevant laws, guidelines, and regulatory requirements.
- Perform variance analysis on regulatory reports to identify and investigate discrepancies.
- Collect and analyze financial data from various internal sources.
- Collaborate with Finance, Risk Management, and Compliance teams to gather necessary reporting information.
- Reconcile regulatory reports with general ledger accounts and other financial systems.
- Review and validate the accuracy and completeness of financial data used in regulatory reports.
- Monitor and assess changes in regulatory reporting standards and their impact on current processes.
- Assist in the development and implementation of new regulatory reporting policies and procedures.
- Prepare documentation and support materials for audits and regulatory examinations.
- Provide training and guidance to junior staff on regulatory reporting requirements and procedures.
- Utilize financial reporting software and tools to automate and enhance reporting processes.
- Respond to inquiries from regulatory bodies and internal stakeholders regarding submitted reports.
- Maintain accurate records and documentation for all regulatory reporting activities.
- Participate in cross-functional projects aimed at improving regulatory compliance and reporting efficiency.

Ideal Candidate

The ideal candidate for the Regulatory Reporting Accountant role will possess a Bachelor's degree in Accounting, Finance, or a related field, with a CPA or equivalent professional accounting certification preferred. With a minimum of 3-5 years of experience in regulatory reporting, accounting, or finance, they will have a deep understanding of regulatory requirements and standards such as Basel III, Dodd-Frank, IFRS, and GAAP. Proficiency in financial reporting software and advanced Excel skills are essential, as is a strong aptitude for data analysis techniques. The candidate will demonstrate exceptional analytical and problem-solving abilities, coupled with a meticulous eye for detail and accuracy in financial reporting. Excellent communication and interpersonal skills are crucial for effective collaboration with internal teams and responding to inquiries from regulatory bodies. The candidate will exhibit strong organizational and time management skills, enabling them to handle multiple tasks and meet tight deadlines in a fast-paced, dynamic environment. They should be proactive, self-motivated, and adaptable to changes in regulatory requirements, with a strong commitment to professional ethics and maintaining confidentiality. The ideal candidate will also be equipped to provide training and guidance to junior staff, display a high level of integrity, and show a solid commitment to continuous improvement and excellence in all reporting processes. Demonstrated experience in variance analysis, financial data reconciliation, audit preparation, and use of advanced financial reporting tools will set this candidate apart as a perfect fit for the role.

On a typical day, you will...

- Prepare and submit regulatory reports to various financial authorities and regulatory bodies.
- Ensure compliance with regulatory requirements by maintaining up-to-date knowledge of relevant laws and guidelines.
- Perform variance analysis on regulatory reports to identify and investigate discrepancies.
- Collect and analyze financial data from various sources within the organization.
- Collaborate with internal teams such as Finance, Risk Management, and Compliance to gather necessary information for reporting.
- Reconcile regulatory reports with general ledger accounts and other financial systems.
- Review and validate the accuracy and completeness of financial data used for reporting.
- Monitor changes in regulatory reporting standards and assess their impact on current processes.
- Assist in the development and implementation of new regulatory reporting policies and procedures.
- Prepare documentation and support for audits and regulatory examinations.
- Provide training and guidance to junior staff on regulatory reporting requirements and procedures.
- Utilize financial reporting software and tools to automate and enhance reporting processes.
- Respond to inquiries from regulatory bodies and internal stakeholders regarding submitted reports.
- Maintain accurate records and documentation for all regulatory reporting activities.
- Participate in cross-functional projects aimed at improving regulatory compliance and reporting efficiency.

What we are looking for

- Detail-oriented with a high level of accuracy
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- High level of integrity and professional ethics
- Strong organizational and time management skills
- Ability to adapt quickly to changes in regulatory requirements
- Proactive and self-motivated
- Ability to work effectively both independently and as part of a team
- Strong aptitude for learning and applying new financial software and tools
- Proven ability to manage multiple tasks and meet tight deadlines
- Comfortable working in a fast-paced, dynamic environment
- High level of proficiency in data analysis and financial reporting
- Demonstrated ability to maintain confidentiality of sensitive information
- Strong sense of responsibility and ownership of tasks
- Commitment to continuous improvement and excellence in reporting processes

What you can expect (benefits)

- Competitive salary range based on experience
- Comprehensive health, dental, and vision insurance plans
- 401(k) retirement plan with company match
- Paid time off (PTO) and holidays
- Flexible working hours and remote work options
- Professional development and continuing education opportunities
- Employee wellness programs and resources
- Life and disability insurance
- Performance-based bonuses and incentives
- Tuition reimbursement for relevant courses and certifications
- Access to financial planning and advice
- Collaborative and inclusive work environment
- Company-sponsored social events and team-building activities
- Employee assistance programs (EAP) for mental health support
- Opportunities for career advancement and growth within the company

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