Senior Manager, Accounting - SEC/Financial Accounting - Corporate

About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

Annual Salary: $140,000.00 - $165,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to review the Company’s quarterly and annual Form 10-Q and Form 10-K filings, as well as other financial statements prepared and issued by the Company.  Additionally, this role will research technical accounting matters relevant to the Company and ensure compliance with accounting rules and disclosures requirements.

Essential Functions

• Monitor new/updated disclosure requirements and ensure they are properly implemented in the Company’s financial statements

• Review SEC financial statement disclosures prepared by others

• Review accounting disclosure checklists to ensure completeness of the financial statements

• Review XBRL tagging prepared by others and oversee the appropriateness of XBRL tags utilized

• Ensure completeness and accuracy of the Company’s Form 10-Q and Form 10-K and deliver a completed product to Director of Financial Reporting for review

• Monitor changes in accounting rules, identify new/updated disclosures required to be included, and design new disclosures

• Research proper accounting treatment for transactions and compose documentation to support accounting conclusions

• Work with necessary departments and team members to gather the data needed and implement processes to achieve correct accounting treatment or disclosure requirements

• Provide peer disclosure comparisons for best practices and consistency

• Organize accounting policy meetings and present new accounting pronouncements to the accounting management team

• Review of other financial statements issued by the Company for its various subsidiaries and benefit plan filing requirements

• Review certain internal financial information utilized by senior management

• Evaluation of SOX controls as needed

• Lead, mentor and motivate team members to implement the department strategy and manage department workflow with guidance on departmental projects/issues, and provide coaching and development opportunities appropriate to each direct report's individual needs

• Perform all necessary management functions, including hiring, evaluations, annual increase allocations and disciplinary action as required

• Communicate decisions, priorities and relevant information to team members effectively

• Support budget management, planning and expenditure

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of generally accepted accounting principles (GAAP)

• Strong experience in performing technical accounting research and documenting conclusions

• Strong knowledge in monitoring accounting and disclosure guidance

• Strong critical thinking skills with the ability to apply discretion and sound judgement to efficiently and effectively solve problems

• Ability to drive results and balance management of organizational risk and meeting goals of the business

• Strong leadership skills with ability to motivate team members and foster a positive team environment that gives way to collaboration and unified goals

• Outstanding interpersonal and relationship building skills with the ability to effectively communicate with all levels of the company, clearly expressing ideas and concepts both verbally and in writing

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Strong level proficiency with Microsoft Word, Excel, Outlook and Teams

Educatio