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OceanFirst Bank

Corporate Controller

OceanFirst Bank, RED BANK, NJ


At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.

Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!

ABOUT YOUR ROLE
Oversee the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives. Responsible for ensuring accurate and complete financial reporting in compliance with GAAP, SEC, regulatory requirements, and internal accounting policies. This role analyzes and interprets new accounting standards as well as the identification and analysis of financial trends and results. This role manages and oversees federal and state tax returns and provision process. Reliable, dependable, and maintains a high degree of flexibility. Relies on operational and strategic experience to plan and accomplish tasks. Performs a variety of high level technical and analytical tasks on an independent basis.
WHAT YOU WILL DO NewManage the activities of the Accounting Department including the monthly and quarterly financial close process and maintaining the Bank's accounting system and records. Leads and directs accurate and timely external financial reporting in compliance with SEC regulations, including 10-Q and 10-K reports, and regulatory requirements, including FFIEC 041 and FR Y-9LP and Y-9C filings. Directs accurate and timely reporting of all SEC and regulatory requirements, including 8-Ks and other reports (e.g. 11-Ks, Shelf filings, etc.), and reviews EDGAR. Ensures that financial reports comply with generally accepted accounting principles and relevant regulations. Assists with accounting analyses and problem solving including tax returns and provision; tax optimization strategies; month-end close; process improvements; purchase accounting; and other higher level functions. Research accounting topics and perform analyses to assess impact to the Company, including the implementation of new accounting pronouncements. Make recommendations as necessary and appropriate. Manages acquisition related accounting, including modeling, external reporting and purchase accounting adjustments and oversees the evaluation of other accounting transactions. Key business partner in the compilation and review of the investor relations materials. Directs the accounting and reporting relating to the Company's ESOP and 401K plans. Coordinates with the Company's external CPA firm, to ensure timely and accurate filing of the Company's income tax returns, provision (interim and annual), tax payments, and the maintenance of supporting records. Support the external/internal audit request process as applicable. Support new business initiatives, system integrations, and other major change management impacting financial statements and related systems. Proactively identify opportunities and participate in projects to enhance/automate processes, implement systems, and/or enact systems enhancements to ensure and support sustainable long-term growth. Develop, implement and ensure adherence to the Bank's accounting policies and procedures, including internal controls.

WHAT YOU WILL DO
Manage the activities of the Accounting Department including the monthly and quarterly financial close process and maintaining the Bank's accounting system and records.
Leads and directs accurate and timely external financial reporting in compliance with SEC regulations, including 10-Q and 10-K reports, and regulatory requirements, including FFIEC 041 and FR Y-9LP and Y-9C filings.
Directs accurate and timely reporting of all SEC and regulatory requirements, including 8-Ks and other reports (e.g. 11-Ks, Shelf filings, etc.), and reviews EDGAR.
Ensures that financial reports comply with generally accepted accounting principles and relevant regulations.
Assists with accounting analyses and problem solving including tax returns and provision; tax optimization strategies; month-end close; process improvements; purchase accounting; and other higher level functions.
Research accounting topics and perform analyses to assess impact to the Company, including the implementation of new accounting pronouncements. Make recommendations as necessary and appropriate.
Manages acquisition related accounting, including modeling, external reporting and purchase accounting adjustments and oversees the evaluation of other accounting transactions.
Key business partner in the compilation and review of the investor relations materials.
Directs the accounting and reporting relating to the Company's ESOP and 401K plans.
Coordinates with the Company's external CPA firm, to ensure timely and accurate filing of the Company's income tax returns, provision (interim and annual), tax payments, and the maintenance of supporting records.
Support the external/internal audit request process as applicable.
Support new business initiatives, system integrations, and other major change management impacting financial statements and related systems. Proactively identify opportunities and participate in projects to enhance/automate processes, implement systems, and/or enact systems enhancements to ensure and support sustainable long-term growth.
Develop, implement and ensure adherence to the Bank's accounting policies and procedures, including internal controls.
Develop, implement and ensure adherence to the Bank's accounting policies and procedures.

WHAT WE EXPECT OF YOU
Technical accounting expertise in SEC reporting requirements, regulatory reporting requirements, business combinations, share-based compensation, income tax, and complex structures
Working knowledge of operating and accounting systems in a financial services environment and knowledge of financial institution policies and procedures; experience working in Workiva is a plus.
Proficiency in MS Office with a working knowledge of automated financial software packages (general ledger) and standard office equipment.
Excellent written and verbal communication skills with demonstrated ability to interact effectively with people across various functions, management, and external professionals (i.e., auditors and regulators).
Strong analytical and problem-solving skills.
Detail-oriented with the highest regard for accuracy, completeness, and meeting deadlines.
Strong interpersonal skills and ability to effectively collaborate and work in teams as well as work independently.
Ability to perform a variety of technical and analytical tasks on an independent basis.
Strong technical accounting acumen, with proven ability to perform complex accounting research and analysis.

YOUR QUALIFICATIONS
Bachelor's degree with a concentration in Accounting. CPA is strongly desired.
A minimum of 7 years of experience in the field or in a related area. SEC experience (internal or external) is required.
At least 4 years of experience directly managing people including hiring, developing, motivating, and directing people as they work.
Experience applying advanced knowledge level of accounting practices, controls (including SOX 404), and systems for relevant business processes.

INTERNAL AND EXTERNAL CONTACTS
Internal contact with department and senior managers on accounting issues or information requests.
External contacts are occasional, primarily with auditors, purchase accounting consultants, tax consultants, and other vendors.

WORKING CONDITIONS/PHYSICAL REQUIREMENTS

Office environment with the ability to travel throughout the Company's footprint.