Supervisor Financial Reporting

City National BankLos Angeles, CA
Onsite

About The Position

As a member of the Financial Reporting team, the Financial Reporting Lead will participate in all aspects of CNB's financial reporting per U.S. GAAP, accounting month-end and quarter-end close process, subsidiary reporting to the parent, other routine or ad hoc reporting as assigned, and technical accounting research. The Financial Reporting Lead will be responsible for the timely and accurate preparation and coordination of the Bank's annual financial statements, parent reporting, and projects that may be assigned from time to time. The Financial Reporting Lead will also support the maintenance and development of the Bank's financial accounting reporting system and tools. This position may be responsible for leading one or more Financial Reporting team members in daily tasks or team projects.

Requirements

  • Bachelor's Degree or equivalent
  • Minimum 5 years of accounting experience within Big 4 accounting firm or mid-tier accounting firms and/or publicly-held company required.
  • Minimum 1 year of supervisory experience required.
  • Excellent knowledge of U.S. GAAP
  • Strong quantitative and qualitative analysis skills; excellent written and oral communication skills required.
  • Excellent knowledge of financial accounting reporting systems and software tools. Proficiency with MS Office software suite, particularly Excel.
  • Ability to interact effectively with all levels of colleagues, both within the Finance Division and throughout the Bank, including senior and executive management, external auditors and third-party consultants.
  • Results oriented with strong organizational, time management and project management skills.
  • Experience in documenting policies, procedures and process flows.

Nice To Haves

  • Experience in the financial services industry preferred.
  • Prior SEC reporting experience preferred.
  • Experience with technical accounting research and documentation preferred. Ability to propose company positions on reporting and accounting issues.
  • Experience in PeopleSoft and nVision preferred.

Responsibilities

  • Coordination, preparation and review of the Bank’s annual financial statements.
  • Prepares and supports the reporting needs by RBC and RBC IHC for their reporting needs for the Bank’s activities and transactions
  • Participates in the month-end and quarter-end close process.
  • Compiles the support needed in the submission for assigned regulatory filings per FRB or OCC’s reporting requirements.
  • Provides PeopleSoft support to members of the Controller’s Group and other bank departments as it relates to areas in PeopleSoft that financial reporting is responsible for overseeing or well-versed in. Responsibilities include, but are not limited to: maintaining PeopleSoft reporting trees and existing nVision reports, building new nVision reports, building and running queries, trouble-shooting issues, etc.
  • Participates in the design and implementation of enhancements to financial accounting systems and processes.
  • Supports the technical accounting research projects. This role also supports the technical accounting needs of other departments in the Company.
  • Assists in developing, documenting and maintaining accounting policies and procedures. Assists in the implementation of new accounting standards.
  • Participates in other special projects.
  • May supervise other staff members. Participates in staff development.

Benefits

  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
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