Staff Accountant

Cathay Bank - Headquarters; El Monte (CA); On-site; Full time

Job summary

A leading bank is seeking a Staff Accountant to join their team in El Monte, California. This position involves performing general accounting functions and supporting regulatory reporting tasks, ideal for candidates with a degree in accounting or finance and relevant experience in banking. Competitive salary and comprehensive benefits package are offered to support your professional growth.

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

401(k) with company contributions

Qualifications

• Degree in accounting or finance preferred.
• At least one year of relevant experience in a banking environment.
• Proficient in Microsoft Office, organized and detail-oriented.

Responsibilities

• Prepare annual Form 571-L for all branches/departments.
• Assist in preparation of regulatory reports.
• Monthly reconciliation of various GL accounts.

Skills

Proficiency in Microsoft Office

Organized

Detail-oriented

Knowledge in accounting

Teamwork skills

Education

Bachelor's degree in accounting or finance

Job description

People Drive Our Success

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.

Apply today!

What our team members are saying:

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Learn more about us at cathaybank.com

GENERAL SUMMARY

The Staff Accountant will be performing general accounting functions, analytical and operational procedures and will work with existing accounting team members in a support capacity.

ESSENTIAL FUNCTIONS

• Prepare annual Form 571-L for all branches/departments.


• Assist in the preparation of daily, weekly, and monthly regulatory reports, including but not limited to Local Agency Deposit Report, FR-2900, FR-2644 and FR-2420.


• Monthly reconciliation of various GL accounts.


• Prepare and file quarterly and annual Census Bureau Reports (BEA).


• Month end accrual accounting and JEs for FHLB advances, brokered CDs and Solar investments.


• Record Brokered CD settlements, maturities, and other related transactions.


• Recording of daily FRB Excess funds.


• Review and process employee reimbursement requests through Concur.


• Investigate and clear system non-post/rejected items.


• Assist with the monthly balance sheet and BCA reconciliation process, including distribution of balances to various departments, collecting reconciliations and verifying balances against supporting documents.


• Assist accounting and A/P with ad-hoc projects, reports and requests.


• Work with external and internal auditors and SOX and prepare documentation to support audit requests.


• Assist in other accounting and reporting functions as requested by senior management and as deemed appropriate.


• Security pledging for local agency and letter of credit pledging.

QUALIFICATIONS

• Education: Bachelor's degree from a four-year college in accounting or finance preferred.


• Experience: At least one year of relevant experience required and within a banking environment preferred.


• Skills/Ability: Proficient in Microsoft Office (Word, Excel, PowerPoint). Organized and detail-oriented. Working knowledge in accounting and regulatory filing requirements. Work independently and in a team environment.

OTHER DETAILS

$23.08 - $27.88 / hour
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

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Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

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Cathay Bank endeavors to make www.CathayBank.comaccessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at [phone] or [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.