Financial Reporting & Budgeting Specialist

Accounts•Bedminster, NJ

1d•Onsite

About The Position

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought-after products and services that fulfill all of our clients’ needs. We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy. We are proud to be recognized for the eight consecutive year, by American Banker as one of the ‘Best Bank to Work For’ across the nation. Our secret sauce in one word is our ‘culture’. We value a diverse, equitable, inclusive and safe workspace. Our one-team culture goes to great lengths to show all employees that they are valued members of the team. We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness. There are multiple way to build relationships and get involved; from joining one of our Cultural Ambassador Sub-Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women - Leading Inspiring Females Together). Said quite simply, the culture is amazing! Position Overview: Responsible for multiple facets of the Bank’s financial reporting, budgeting and analysis. Primary responsibilities include, but are not limited to, preparation of monthly, quarterly and annual financial reports for the Board of Directors and Executive Management.

Requirements

Bachelor’s Degree in Finance or related field or equivalent work experience
One to three years of prior banking experience, including experience with SEC and Regulatory reporting, tax reporting and GL maintenance.
Strong analytical skills.
Must be an organized, accurate, reliable and detail minded individual.
Must have good oral and written communications skills, including the ability to deal effectively and tactfully with all levels of the organization.
Proficiency in Excel is required.

Nice To Haves

Operate with agility and adaptability, responding effectively to changing priorities and business needs
Demonstrate curiosity and a learning mindset, continuously seeking to improve and grow
Utilize AI and technology tools responsibly to enhance productivity and decision-making
Show ownership and critical thinking, using sound judgment to solve problems and deliver results
Deliver white-glove hospitality, providing thoughtful, proactive, and personalized service in every interaction

Responsibilities

Prepares monthly, quarterly and annual financial reports for the Board of Directors and Executive Management.
Prepares quarterly and annual financial tables for SEC reporting (Form 10-Q’s and Form 10-K), using Donnelley Financial Solutions (Active Disclosure)
Prepares and submits required filings for the Bank including: Weekly review and payment of both Federal and New Jersey State Withholding
Weekly review/analysis of FR2900 Deposit Reporting to be uploaded to the Federal Reserve – Reporting Central website
Weekly review/analysis of FR2644 Selected Assets and Liabilities to be uploaded to the Federal Reserve – Reporting Central website
Monthly review/analysis of PGB Sales Tax and payments/uploading necessary data
Weekly review and payment of both Federal and New Jersey State Withholding
Preparation of Delaware Franchise Tax
Prepares quarterly Safety & Soundness reporting for Marketing
Prepares quarterly Regulation F analysis of correspondent banks
Performs monthly consolidation and condensed reporting on Jack Henry
Maintain the eliminations on Jack Henry
Opening of G/L branch and cost center combinations on Jack Henry
Prepares quarterly Call Report, Holding Company Reports (FRY 9-C, FRY 9-LP and FRY-8)
Prepares the annual Summary of Deposit Report
Monitoring of daily balances of municipal deposits and their required collateral for the quarterly GUDPA filing
Performs additional related duties as requested, including special projects
Identify ways to use AI tools to support the job function by creating efficiencies and support the Finance department in the utilization of AI in their work.