Community Bank Of The Bay Looking for Senior Accountant at Oakland, CA Full Time

Established in 1996, Community Bank of the Bay (“CBB”) is an independent, multiple award-winning community-focused bank with over 25 years of active financial investment in businesses and individuals in the San Francisco Bay Area. Our clients include numerous organizations from many industries, including local nonprofits, multi-generational businesses, creative professionals, and owner-operators experiencing change, growth, or expansion.

At CBB, we believe you can only truly serve a community when you are part of it. As the first Community Development Financial Institution (CDFI) formed in California, we are actively involved in local community life. In fact, that’s the whole thought behind community banking: your funds invested locally, through local decisions, by local people, driving the success of the broader community. Our mission is to foster and promote economic development in the communities we serve.

At CBB, our employees are our greatest asset, and we recognize that our success as a community bank is because of our extraordinary staff. We offer a welcoming, friendly, caring work environment with competitive compensation, a strong and robust benefits program, and an emphasis on healthy work/life balance.

Our six core values of Sustainability, Empowering, Respect, Trust, Commitment and Relationship building represent what we stand for and believe in as an organization. Every day, we strive to align our behaviors to these core values in everything we do.

Overview

The Senior Accountant will be assisting the Finance Department with completing the Daily and Month End close process. Responsibilities will include completing and posting daily and month end journal entries, preparing daily and month end reconciliations, assisting with fluctuation analysis and researching and resolving discrepancies. The Senior Accountant will also assist with the preparation of various regulatory reports including the Quarterly Call Report and will perform other duties as needed by the Finance Department.

Duties And Responsibilities

• Ensure accounting functions and duties are accurately and promptly completed in accordance with generally accepted accounting principles, established procedures and applicable regulations
• Participate in the month end and daily close procedures to include the preparation of moderate and occasionally complex level general ledger journal entries and supporting documentation that is audit ready.
• Prepare monthly reconciliations and certifications of various general ledger accounts to ensure all accounts are balanced with supporting documentation. Research and resolve accounting errors and discrepancies promptly.
• Review daily and monthly variances related to the general ledger accounts and provide variance explanations
• Review and recommend improvements to streamline internal controls and key business processes. Participate in the documentation of accounting process narratives and help implement procedures to continue to increase efficiencies
• Assist in the preparation of internal and external reporting and audit prepared schedules as requested by regulators, external auditors and executive management
• Perform daily “call back” of the Finance Department’s journal entry documentation to our core system
• Manage the daily cash position report which includes reconciling correspondent banks and review balance sheet accounts to ensure accurate posting
• Daily review of Balance Sheet Accounts including Loan and Deposit Suspense Accounts and other Suspense Accounts.
• Prepare various schedules for outside auditors and tax accountants. Research accounting and tax related questions.
• Responsible for Cash Management which includes input and approve incoming and outgoing wires.
• Assist and support accounting personnel, as needed.
• Perform other projects and duties within the Finance / Accounting Department as assigned by the Controller and / or CFO
• Maintain contact with other departments to correct any transactions.
• Maintain accurate and organized records and submit reports on time.
• Keep management informed of activities and any significant problems or concerns
• Attend and participate in meetings as required.
• Stay informed of developments in accounting and banking field requirements.
• Complete special projects as assigned. Completes assigned required compliance training in a timely manner.
• Maintain appropriate levels of confidentiality.

Requirements

Education:

• Bachelor’s Degree in Accounting or Finance preferred.

Knowledge:

• Knowledge of accounting concepts, practices, procedures and financial reports
• Understanding of related regulations, statutes and filing requirements.
• Knowledge of related computer applications.

Experience:

• Three to five yearsof accounting experience.

Skills/Abilities:

• Detail oriented and well-organized.
• Self-starter who works well on a team and individually
• Able to meet deadlines and manage projects.
• Proficiency in excel with experience using lookups and pivot tables.
• Skilled in analytical and conceptual thinking
• Strong problem-solving skills.
• Excellent oral and written communication skills
• Able to keep accurate and complete records
• Ability to prioritize work while remaining diligent
• Adapt to quick changes while thriving in a dynamic high pressure environment.

Benefits

• Subsidized Medical, Dental, & Vision
• Basic Life/Accidental Death and Disbursement Insurance, Long-term Disability Insurance
• Employee Assistance Program
• Commuter Benefits
• 401K Retirement Plan
• Flexible Spending Accounts – Medical & Dependent Care
• Paid Vacation and Sick days
• 11 paid Holidays per year
• Volunteer Day
• Gift Matching Contribution to Non-Profit Organizations of employee’s choice
• Green Car Program Subsidy for eligible Hybrid and Electric Vehicles
• Employee Referral Program

Job Location: Oakland

Job Type: Full-time

Annual Salary: $90,000 – $135,200

Salary may vary depending on multiple factors including but not limited to skill level, depth of work experience, education, relevant licenses/credentials, and geographic location.

Note: The duties and responsibilities listed are typical examples of work performed by the position and are not designed to contain or be interpreted as a comprehensive list of all duties, tasks, and responsibilities. Employees may also perform other duties as assigned.

EOE, including disability/vets. Job candidates must be legally eligible to work in the United States.

Community Bank of the Bay is committed to ensuring that our online application process provides an equal opportunity to all job seekers, including individuals with disabilities. If you believe you need reasonable accommodation in order to search for a job opening or submit an employment application, please email us at [email protected]. This is a dedicated email address designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Please note: emails received for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the requirements of Section 19 of the Federal Deposit Insurance Act.