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Accounting Associate

Company:
Live Oak Bank
Location:
Myrtle Grove, NC, 28412
Posted:
May 10, 2024
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Description:

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 the Accounting team 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 * Assist with the Company's SEC & regulatory reporting processes, including preparation of 8-Ks, 10-Qs, 10-Ks and Call Reports.

* Assist with month, quarter, and year-end closing process.

* Perform and preserve account and report maintenance in the general ledger system.

* Upload and maintain the accounting platform interface for account reconciliations and month-end tasks.

* Promote change while helping enhance efficient and effective financial reporting processes.

* Support and maintain internal control over financial reporting process.

* Engage in and/or oversee special projects as required.

How You'll Do It * Prepare financial schedules/workpapers that support financial statement and disclosure requirements for SEC, regulatory, and internal financial reporting.

* Interact with members of the Accounting team and other departments at the Bank to support the creation of financial reports and/or disclosures.

* Maintain proper documentation as required for record retention purposes.

* Function as a team and understand all members of the team are vital to our collective success.

Required and Preferred Experience * Proactive in project planning and execution, able to meet precise deadlines and deliver 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 Microsoft Office (Word, Excel and PowerPoint). * Bachelor's degree in Finance or Accounting.

* Basic knowledge of financial institution operations.

* Minimum of 1 year of work-related experience in financial reporting or auditing, preferred.

To Thrive at Live Oak * Gravitate to Growth - Shows adaptability and support for changes to improve organizational effectiveness.

* Communicate and Collaborate - Communicates clearly and thoughtfully, demonstrating empathy in teamwork.

* Eye of the Tiger - Gets positive results by taking personal responsibility for actions and team outcomes.

* Know Your Business - Curates and maintains a depth of knowledge and skill to perform one's job effectively.

* Customer at the Center - Provides customers with a personalized experience to achieve exceptional outcomes.

For a detailed overview of our employee benefits please visit: At Live Oak Bank, we are passionately focused on creating an inclusive and genuine environment!

We encourage you to apply for roles that you believe you'd be a great fit for, even if you feel your past experience does not perfectly match every requirement.

As we continue to grow, our People Team will match the skillsets of current and prior applicants with open roles within our organization.

As we say at Live Oak, "Paint the Target!" and go after your goals!" The base pay range for this position is $55,000.00 - $90,000.00 per year.

Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy.

A candidate's salary is determined by several factors including travel, relevant work experience or skills and expertise.

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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