The Financial Reporting Accountant is responsible for supporting the Controller in ensuring the smooth operation of the accounting department by performing a variety of accounting duties of the company; computes, classifies, records, and verifies numerical data for use in maintaining the related accounting records.
Ensures compliance within all Bank policies and procedures, as well as all applicable state and federal banking regulations.
Essential Duties:
- Prepares monthly Loan board reports and assist in the ACL calculation
- Prepares monthly ALCO and Board Reports
- Assist & maintains the Bank’s insurance policies for the bank
- Manages the Bank’s lease agreements and the relative accounting entries & reconciliations associated with these
- Assists in the preparation of the quarterly Call Report including other regulatory reports such as the Y-9C, Y-9LP, Summary of Deposits, FR-2900 and Y-8
- Assist in the preparation of the annual audited financial statements
- Calculates and posts monthly expense accruals & general day-to-day accounting entries
- Daily reconciliation of the general ledger accounts which are maintained by other departments within the bank. Researches and resolves any reconciling differences, ensuring that all items are cleared within established timeframes
- Reviews the Bank balance sheet daily to ensure it is in balance. Researches and makes corrections as necessary
- Manages pledged securities and ensuring accurate reporting for the Bank’s government deposits, public deposits, and letter of credit guarantees
- Responsible for several aspects of the Bank’s investment portfolio and securitization of the purchased guaranteed loans portfolio including creating proper documents after receiving approval from the CFO or CEO, correspondence with outside investment agencies, maintenance of all documentation as well as investment/guaranteed loan spreadsheets. Also responsible for calculating and posting monthly interest accruals, market price adjustments and processing and tracking interest receivables/receipts
- Assists in the monthly certifications and reconciliations which are maintained by accounting and other departments within the bank. Researches and resolves any
- reconciling differences, ensuring that all items are cleared within established timeframes
- Assists employees, and vendors, by answering questions related to accounts, procedures, and services
- Supports the Controller and Chief Financial Officer in performing other various accounting and reporting duties as needed
- Performs routine clerical duties such as photocopying, filing, posting, and tabulating.
- Backup for accounts payable processing and other accounting duties as needed
- Minimum of 10 hours CRA volunteer hours per year. Volunteer hours are typically scheduled within business hours. This is compensable time and mileage is reimbursed
- Other duties as assigned
Supervisory Responsibilities: None.
Qualifications:
- Bachelor’s degree with college level coursework in accounting preferred. Some accounting coursework required
- Minimum of 6 years accounting/finance experience required
- Must be proficient in loan accounting
- Advanced Excel skills required
- Strong analytical skills with experience in measuring and improving processes to meet department and/or organization goals
- Demonstrated ability to work both independently (self-directed) and with others as part of a team
- Able to confidently interact with a variety of internal customers/management.
- Ability to multi-task and prioritize assignments
- Attention to detail is required with a proven ability to research and analyze financial results
- Ability to work scheduled full-time hours and maintain regular attendance
- Proficient & experience with Fiserv DNA & Prologue is not required but preferred
Physical/Mental Demands & Work Environment:
The incumbent in the course of performing this position frequently spends time writing, typing, speaking, listening, operating basic business equipment, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, walking, standing, reading documents or instruments, detailed work, problem solving, client contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks, and frequent interruptions. The incumbent for this position will occasionally lift up to 15 pounds, pull, squat, kneel and reach. The incumbent is in a non-confined office-type setting in which they are free to move about at will. The work environment is typically quiet to a moderate noise level.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Management reserves the right to change this position description at any time.
See qualifications above.
Poppy Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
For San Francisco Postings, review Fair Chance Ordinance.
Poppy Bank Notice to Applicants CCPA & CPRA