AVP, Accounting Manager

Cathay BankEl Monte, CA
$75,000 - $100,000

About The Position

The AVP, Accounting Manager will have a key role in overseeing the Bank's day‑to‑day accounting operations, month‑end close, financial and regulatory reporting, and will drive continuous improvement in processes and controls.

Requirements

  • Bachelor’s degree in Accounting, Finance or related fields required.
  • Minimum 3-5 years of progressive accounting experience, ideally in banking.
  • Working knowledge of accounting procedures, reconciliations, financial and regulatory reporting and financial close and general ledger oversight.
  • Supervisory experience required.
  • Strong knowledge of GAAP and internal control best practices.
  • Advanced Excel skills, including Pivot Tables, LOOKUPs, and data analysis tools.
  • Strong organizational, analytical, and communication skills.
  • Ability to manage multiple priorities and meet tight deadlines in a fast paced environment.

Nice To Haves

  • Public accounting experience strongly preferred.
  • Proficiency with Oracle PeopleSoft, IBS and SAP highly preferred.

Responsibilities

  • Manage and execute month end, quarter end, and year end closing activities, including journal entries, accruals, and account reconciliations.
  • Prepare and file annual Form 571-L for all branches/departments.
  • Prepare and submit daily, weekly, and monthly regulatory reports, including but not limited to FFIEC-009, FR-2900, FR-2644 and FR-2420.
  • Prepare and file quarterly and annual Census Bureau Reports (BEA).
  • Prepare investment accounting schedules, journal entries and reports.
  • Prepare dilutive shares calculation and RSU tracking.
  • Prepare and compile schedules for various sections of the SEC 10Q and 10K filings and Call Report, FR-Y9C and FR-YLP.
  • Review, approve and sign-off on certain schedules provided by other departments for regulatory and SEC reporting.
  • Review system interface reports, research interface differences and certify them monthly.
  • Prepare weekly, monthly and quarterly financial reports for executive management and various committees.
  • Assist with quarterly reviews and annual audits by preparing schedules, responding to auditor inquiries, and ensuring compliance with internal controls.
  • Collaborate with cross functional teams including Deposit and Loan Operations, Marketing, IT, HR, Finance and others to ensure accurate financial reporting and support business initiatives.
  • Responsible for the record keeping/accounting of the subsidiaries of Bancorp and Bank.
  • Assist the Controller in the day-to-day operations to manage the general ledger, general ledger reconciliations and the expense reimbursement process.
  • Lead, mentor, and develop accounting staff by setting goals, managing performance, and providing ongoing training and support.
  • Undertake additional responsibilities and special projects assigned by the CFO, CAO and Controller.

Benefits

  • This position may be eligible for a discretionary bonus.
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