Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.
SUMMARY
This position performs a wide variety of accounting operations and ad-hoc duties for the department, prepare financial reports and maintain accurate financial records (including appropriate subsidiary ledgers) in accordance with principles generally accepted in the United States of America (GAAP), Securities and Exchange Commission (SEC), regulatory and internal control over financial reporting (“ICFR”) guidelines for the Bank.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Complies with, and stays abreast of, all policies and procedures, federal and state laws, accounting standards, and regulatory requirements applicable to the job.
- Maintains the Bank’s financial records and reports in an up-to-date condition reflecting changes in the general ledger, in accordance with company policies and procedures. This includes reviewing and analyzing general ledger accounts to ensure accurate reporting of the financial activity of the bank.
- Responsibilities include but not limited to general accounting functions, accounts payable, daily cash management activities as assigned.
- Reviews accounts payable transactions and corresponding general ledger transactions daily to document for any exceptions and follow-up with related department managers to resolve issues.
- Prepares daily and monthly record journal entries.
- Prepares general ledger accounting reconciliations.
- Participates in month-end close process as assigned.
- Record and process intercompany relationships and transactions between Bank and Bank Holding Company.
- Maintains ongoing collaboration with other departments to obtain and review schedules for the preparation of external filings, and to ensure transactions are captured appropriately in the financial statements.
- Assists with compilation of various financial regulatory reports and SEC filings, including Call Report, Annual Reports on Form 10-K, and quarterly reports on Form 10-Q in an accurate and timely manner.
- Assists with the collection of audit related materials as required by external and internal auditors.
- Identifies process improvement opportunities and assists with developing and maintaining procedures and documentation for the Finance – Accounting and Financial Reporting department.
- Responsible for record retention effort and coordination with Facilities
- Provides support on various special projects.
- Cross-train on other positions in the Accounting and Financial Reporting department.
- Provide, present, and promote the Citizens Experience to all external and internal customers.
- Other duties as assigned.
SUPERVISORY RESPONSIBILITIES
This position does not have any supervisory responsibilities.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
One year certificate from college or technical school; or three to six months related experience and/or training; or equivalent combination of education and experience.
LANGUAGE SKILLS
Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information and respond to questions from groups of managers.
MATHEMATICAL SKILLS
Ability to work with mathematical concepts such as probability and statistical inference, and to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra, fractions, percentages, ratios, and proportions to practical situations.
REASONING ABILITY
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to solve practical problems and deal with a variety of concrete variables in situations where limited standardization exists. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
OTHER SKILLS and ABILITIES
- Strong organizational skills with the ability to manage multiple tasks and/or projects accurately within the same period.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the associate is regularly required to talk or hear. The associate is frequently required to stand; walk; sit; and use hands and fingers to handle or feel. The associate is occasionally required to reach with hands and arms, and stoop, kneel, crouch or crawl. The associate is regularly required to operate a computer keyboard, mouse, calculator and telephone and reach with hands and arms. The associate must occasionally lift and/or move up to ten (10) pounds.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The work environment is usually moderate.
Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.
Skills Required
- One year certificate from college or technical school; or 3-6 months related experience and/or training, or equivalent combination of education and experience.
- Knowledge of GAAP, SEC, regulatory requirements, and internal control over financial reporting (ICFR).
- Experience with general accounting functions: accounts payable, general ledger reconciliations, journal entries, and month-end close activities.
- Ability to assist with compilation of regulatory reports and SEC filings (Call Report, Form 10-K, Form 10-Q) and support audit requests.
- Strong organizational skills and ability to manage multiple tasks/projects accurately.
- Ability to read, analyze, and interpret financial reports, legal documents, and respond to inquiries; strong mathematical skills.
What We Do
On August 10, 2018, Citizens Business Bank and Community Bank completed its merger. About Citizens Business Bank Citizens Business Bank is consistently recognized as one of the top performing banks in the nation. The Bank offers a wide array of banking, lending, and investing* services through 68 Business Financial Centers and 3 Trust Office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California. CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California¹ with assets of approximately $11.5 billion Shares of CVBF common stock are listed on the Nasdaq under the ticker symbol “CVBF.” For investor information on CVBF, visit our Citizens Business Bank website at cbbank.com and click on the “Investors” tab. Contact Us Today 888.228.2265 | cbbank.com Member FDIC | Equal Housing Lender | Equal Opportunity Employer | NMLS #417441 *Not FDIC Insured | Not Bank Guaranteed | May Lose Value ¹As of 8.10.18
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