The American Bankers Association is the banking industry's champion. Joining ABA makes you part of a team that: • has Extraordinary People - ABA experts are the "go to" sources for bankers, policy makers and the media for credible information and insights for the banking industry. • has Unmatched Scope and Scale - ABA's unparalleled information and services keep members current, knowledgeable and prepared. • is Impact-Driven - ABA has a proven record of bringing about positive change for our members and the industry. We take action and achieve results. Plus competitive pay, an outstanding benefits package, a convenient DC location, a professional collegial work environment and an opportunity to work on issues of national significance equals a winning combination!
Job Description:
Did you know that women and other marginalized groups are often reluctant to submit job applications if they don’t meet 100% of the requirements? We encourage you to take a chance! If you don’t satisfy every criterion, but know you can excel in the role, we urge you to apply! We’d love to connect and talk with you about joining our team.
Employer of Choice: ABA is recognized as a 2023 Great Place to Work!
Position Overview: The Senior Accountant is a member of the Financial Planning & Reporting team. In this role, they prepare financial statements and other documentation, as well as complex GL account reconciliations, to support the team’s reporting responsibilities, particularly relating to the audit and tax obligations of ABA and its subsidiaries. This work is done in partnership with the Accounting Operations team, ABA’s for-profit subsidiaries senior management, and ABA’s external auditors for audit and tax engagements.
Key Responsibilities:
Prepare supporting documentation for ABA and its subsidiaries income tax filings (Federal Form 990, 990T, 1065 and 1120 and various state forms) and upload to auditor’s portal.
Prepare necessary forms for excise tax and political expenditure filings.
Schedule yearly meeting with tax counsel to understand all appropriate tax and related regulatory changes.
Prepare ABA and its subsidiaries (non-profit) quarterly UBIT filings.
Prepare the estimated tax payments for ABA Card Solutions and fTLD (for profit), including foreign withholding.
Prepare the annual financial statement for ABA Retiree Medical Plans.
Prepare the monthly and annual financial statements for ABA Card.
Perform ABA investment recording, prepare reconciliations and reports needed by ABA’s actuary throughout the year.
Review monthly transactions in assigned accounts.
Create and enter journal entries (ad hoc bank transactions) as required.
Other duties as assigned.
Requirements:
Bachelor’s degree in Accounting required.
3-5 years of experience in accounting; 2+ years of public accounting experience preferred.
CPA preferred.
Knowledge of GAAP and financial reporting required.
Knowledge of tax laws and regulations.
Knowledge of Workday and Adaptive preferred.
Advanced proficiency in MS Excel, Word, and Adobe Acrobat required.
Strong communication and interpersonal skills.
Able to multi-task and manage time wisely.
Able to think strategically.
Able to express complex issues in a logical and concise manner.
American Bankers Association (ABA) is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, age, sex, marital status, gender identity, sexual orientation, disability, protected Veteran status, personal appearance, political affiliation, family responsibilities, or any other characteristic protected by applicable law.
ABA encourages and celebrates diversity so if you are motivated, hardworking and want to make a difference, come as you are!
The American Bankers Association is the united voice of America’s hometown bankers—small, regional and large banks that together employ more than 2 million women and men, hold nearly $17 trillion in assets, safeguard $12.8 trillion in deposits and extend more than $9 trillion in loans. ABA believes that government policies should recognize the industry’s diversity. Laws and regulations should be tailored to correspond to a bank’s charter, business model, hometown markets and risk profile. This policymaking approach avoids the negative economic consequences of burdensome, unsuitable and inefficient bank regulation. Through a broad array of information, training, staff expertise and other resources, ABA supports America’s hometown bankers as they perform their critical role as drivers of America’s economic growth and job creation.
