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Accounting Analysis & Reporting Analyst II

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East West Bank

2024-10-03 03:40:17

Job location Pasadena, California, United States

Job type: fulltime

Job industry: Administration

Job description

Introduction:
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates' potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Overview:
We are seeking a motivated Accounting Analysis and Reporting (AAR) Analyst to join our team. As part of the AAR team, you will be closely involved with month-end activities, perform reconciliations of general ledger accounts, analyze financial data, assist with preparing financial and regulatory reports and board materials, analyze monthly fluctuations, and record journal entries. The ideal candidate will have knowledge of accounting or prior experience in an accounting role, preferably at a bank or financial institution (but not required).

Responsibilities:
Supports the Accounting Analysis and Reporting (AAR) team in the delivery of operational agenda in various areas, including but not limited to investments (securities, tax credit investments, other equity investments), consolidation, deposits, and subsidiary entities

Participate in the month end close process, including the reconciliation and certification of general ledger account balances and the preparation/review of journal entries

Perform analysis on monthly and quarterly general ledger accounts and financial statements

Support the preparation/review of financial statements and various supporting schedules for 10-Q, 10-K, or other regulatory filings

Prepare monthly Board materials, including schedules that support the monthly Board package

Prepare various banking regulatory reports, such as the quarterly Call and FRY Report schedules

Prepare various schedules and reports for internal users and external auditors, and assist in the audit process including updating SOX control narratives for relevant processes

Assist with analyzing draft/newly-released regulations and accounting pronouncements to assess accounting impact, as well as collaborate with treasury, financial reporting, operations or other teams to support effective transition to new regulation/standards

Perform enhancement projects or ad-hoc analysis as needed

Qualifications:
Solid knowledge of generally accepted accounting principles and concepts

Public company accounting experience or banking/financial institution experience preferred

CPA candidate/license or MBA preferred

Bachelor's degree (B.A.) from four-year college or university

Strong analytical, technical, organizational and problem-solving skills

Strong attention to detail and accuracy

Advanced Microsoft Excel and Word skills

Ability to work well independently and in a team

Ability to navigate complex problems in non-standardized situations

Working knowledge of PeopleSoft preferred

Compensation:
The base pay range for this position is USD $80,000.00/Yr. - USD $90,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

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