This job was posted by : For more information, please see: Staff Accountant 2 role is responsible for a variety of functions, including regulatory reporting, external and management financial reporting, and accounting duties requiring more knowledge and experience, such as investments, derivatives, FAS 91, leases, contract review, and software development costs. Specific duties include the preparation of assigned internal, regulatory, or external financial reports in accordance with company policies and procedures, Generally Accepted Accounting Principles (GAAP) and regulatory guidelines. The incumbent also provides accounting support to divisions and non-bank profit centers, as well as other accounting functions. The incumbent provides support and assistance to Staff Accountant 1.We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.What Youll Do at Arvest: (Other duties may be assigned.)Prepare, review, and record assigned monthly income and expense allocations of divisions and subsidiaries of the bank. Responsible for evaluating the need for and implementing process changes for the assigned allocations.Ensure proper accounting in accordance with GAAP for investments, derivatives, net loan fees and costs under FAS 91, leases, contracts, and software development costs. This includes maintaining any related software, processing monthly activity and preparation of reconciliations and management reports. Review reports produced for management to ensure reasonableness and accuracy. Thoroughly document accounting judgments and procedures performed. Keep up with changes to GAAP and ensure that those changes are reflected in the accounting for these items, in consultation with accounting management.Prepare, distribute, and file certain regulatory financial reports and other external financial reports as assigned by the appropriate regulatory agencies. Ensure that the regulatory reports are prepared in accordance with applicable regulatory guidelines and/or Generally Accepted Accounting Principles (GAAP). Obtain, organize, and maintain supporting documentation for the assigned regulatory and external reports. Follow up on questions and other items noted in managements review of the reports with additional information and analysis as needed.Review Other Real Estate (ORE) additions for the bank and bank subsidiaries. Review all ORE set-up sheets prepared by the Staff Accountant 1s to ensure that the ORE is recorded in accordance with Generally Accepted Accounting Principles (GAAP). When issues are identified, work with Special Assets or the bank or division to resolve and adjust the ORE value as appropriate. Determine when additional research is needed to ensure that the ORE has been recorded properly.Review Other Real Estate (ORE) sales for the bank and bank subsidiaries. Determine when additional research is needed to ensure that the ORE sale has been recorded properly. Review ORE sale forms prepared by the Staff Accountant 1s for accuracy and proper accounting, including consideration of whether sale criteria were met, the impact of bank financing on the buyer, or the existence of other factors that would influence the accounting for the sale.Provide support to Staff Accountant 1s on researching significant variances and correcting any errors in a timely manner. Research significant variances in-depth and provide analysis to the banks, subsidiaries, divisions, or management, as appropriate.Prepare a variety of accounting general ledger entries and provide sufficient supporting documentation to allow for timely review and approval.Assist in gathering information for requests and inquiries of management, auditors, and or examiners.Provide support and assistance, onboarding, and raining to the Staff Accountant 1s.Understand and comply with proper controls, documentation, company policy and procedures.Understand and comply with bank policy, laws, regulations, and the bank\'s BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.