Sr. Accounting Specialist

CalPrivate Bank; Newport Beach (CA); On-site; USD 65,000 - 90,000; Full time

Job summary

CalPrivate Bank is seeking an Accounting Analyst to manage fixed assets, prepaid accounts, and support monthly and quarterly close processes. The role includes general ledger reviews, variance analysis, reconciliations, and assisting with regulatory reporting.

Ideal candidates will have at least 3 years in accounting, a Bachelor’s in Accounting or Finance, proficiency with Excel, and strong organizational and communication skills to collaborate with internal teams and external agencies.

Qualifications

• Minimum of 3 years of accounting experience.
• Commercial banking accounting experience preferred.
• Bachelor’s degree in Accounting or Finance from an accredited university.

Responsibilities

• Responsible for monthly fixed assets and prepaid accounting.
• Supports daily liquidity and funds management.
• Prepare general ledger certifications (i.e. correspondent bank accounts, asset/liability general ledger accounts and bank control accounts) and applicable schedules.
• Assist in the month end close process and reporting, including variance analysis.
• Assist in preparing the quarterly Call Report and supporting schedules
• Supports preparation of various analytical reports and information
• Analyze financial information to identify discrepancies
• Research and resolve discrepancies timely
• Collaborates with different departments to achieve the various deliverables on financial reporting.
• Builds and maintains rapport with internal stakeholders and external agencies involved in the financial reporting process.
• Additional tasks and responsibilities as assigned
• Expected attendance in office – 3 x week

Skills

Accounting proficiency

Financial analysis

Excel proficiency

Communication skills

Attention to detail

Education

Bachelor’s degree in Accounting or Finance

Tools

Excel

Outlook

Word

PowerPoint

Job description

The Accounting Analyst is primarily responsible for processing and maintaining fixed assets, prepaid accounts, and is responsible for executing a variety of financial processes including month-end and year-end closing, general ledger reviews, variance analysis, account reconciliations, and assisting with quarterly regulatory reporting.

Duties And Responsibilities

• Responsible for monthly fixed assets and prepaid accounting
• Supports daily liquidity and funds management.
• Prepare general ledger certifications (i.e. correspondent bank accounts, asset/liability general ledger accounts and bank control accounts) and applicable schedules.
• Assist in the month end close process and reporting, including variance analysis.
• Assist in preparing the quarterly Call Report and supporting schedules
• Supports preparation of various analytical reports and information
• Analyze financial information to identify discrepancies
• Research and resolve discrepancies timely
• Collaborates with different departments to achieve the various deliverables on financial reporting.
• Builds and maintains rapport with internal stakeholders and external agencies involved in the financial reporting process.
• Additional tasks and responsibilities as assigned
• Expected attendance in office – 3 x week

Qualifications

• Minimum of 3 years of Accounting Experience
• Commercial banking accounting experience preferred
• Bachelor’s degree in Accounting or Finance from an accredited university
• Proficient in Microsoft Office Suite, including Outlook, Excel, Word, and Power Point
• Minimum of intermediate experience in Excel

Skills And Competencies

• Performing tasks with minimal supervision
• Proactive and self-starter
• Independent critical thinker
• Excellent written/verbal communication and presentation skills
• Excellent organizational and time management skills, with the ability to multi-task and manage shifting priorities and accomplish deliverables accurately and on time.
• Ability to write reports, business correspondence and detailed procedures.
• Ability to effectively present information and respond to questions from other team members, managers, clients, customers, and vendors.

Technical Skills

• Strives to continuously build knowledge and skills
• Working knowledge of accounting related software

Physical Demands

• Primarily office environment
• Frequently required to use hands and fingers to handle or feel, reach with hands or arms.
• Required to sit for long periods of time
• Occasionally required to stand and walk
• Occasionally required to lift up to 10 pounds
• Specific vision abilities required by this position include close vision and the ability to focus and review large data sets regularly.

BSA/AML/Compliance

The employee is responsible for understanding and following the Bank’s BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program.