Address
SalaryJob Summary:
Under direction of the Senior Financial Accountant, the Staff Accountant assists with the month end closing process and performs monthly general ledger reconciliations. The Staff Accountant assists with the preparation of regulatory reports, investor reports and management reports. Responsible for preparation of investment accounting entries for month end close.
Essential Functions:
1. Prepares the daily ALCO reports.
2. Responsible for weekly FR 2900 Reporting.
3. Ensures that all new deposit account service charge types are included in the CETO model.
4. Assists with the month end closing process, including journal entries, accruals and variance analysis.
5. Assists with the preparation of the monthly ALCO reporting package.
6. Assists with the preparation of monthly yield analysis, income statement variance analysis and balance sheet variance analysis.
7. Updates the Account Analysis fee income report and investigates variances.
8. Responsible for investment accounting and investment account GL reconciliations. Ensures the funds received from investment securities are recorded in the GL accurately and that bonds purchased settle correctly.
9. Prepares monthly balance sheet reconciliations assigned. Uploads reports to Blackline.
10. Assists with the preparation of all quarterly, semi-annual and annual regulatory reports (Call Report, Y-8, Y-9P, Y-6, Summary of Deposits).
11. Assists with the preparation of the quarterly earnings release.
12. Assists with the preparation of quarterly Finance Committee reporting package.
13. Assists with the preparation of data tables in the Bank’s annual report.
14. Assist with preparation of auditor/examiners requests as needed.
15. Performs other duties and special projects as needed and assigned.
- At least 2-3 years of experience in bank accounting, finance and systems
- BA or MBA preferred
- Strong proficiency with Microsoft Excel and Word
- Strong attention to detail and accuracy
- Good written and verbal communication skills
- Team player and self-starter
- Require the ability to be flexible and work independently
- Ability to manage multiple tasks and meet deadlines
- Present professional image and work well in a team environment
The Bank reserves the right to change or modify the employee’s job description whether orally or in writing, at any time during the employment relationship. Additionally, the Bank, through its supervisors, may require an employee to perform duties outside their normal description within the sole discretion of the supervisor. The lack of appropriate and timely execution of the essential job functions will result in disciplinary action, up to and including termination.
CommerceWest Bank is committed to providing equal opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, gender identification, or sexual orientation. CommerceWest Bank will consider for employment qualified applicants with criminal histories in a manner consistent with the California Fair Chance Act.
Employee must comply with all applicable Bank Secrecy Act and Anti-money laundering laws and regulations, all Bank policies and procedures, and other banking laws and regulations.
