AVP, Accounting Manager

Join Our Team at Cathay Bank

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities. Apply today!

General Summary

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.

Direct Reports

This position will manage a Staff Accountant.

Essential Functions

• 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.

Qualifications

• Education: Bachelor's degree in Accounting, Finance or related fields required.
• Experience: 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. Public accounting experience strongly preferred.
• Skills/Ability: Proficiency with Oracle PeopleSoft, IBS and SAP highly preferred. 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.

Other Details

$75K – $100K / year Pay determined based on job-related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

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Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

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