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Posted : Thursday, September 14, 2023 01:44 AM
Work Days: Monday-Friday | Hours of Operation:
8:00am - 5:00pm
Why Broadway Bank:
We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending.
Purpose of the To lead and support the development of the Company’s financial reporting and internal controls over financial reporting (ICFR) functions within the Finance Department.
This position will be responsible for the preparation of the Company’s annual financial statements, periodic external regulatory filings, and the preparation of internal financial reporting and results packages for distribution to executive management and the board of directors.
Additionally, this role will support the Chief Financial Officer (CFO) and Chief Accounting Officer (CAO) in the development of the effective company-wide ICFR program as well as support the technical accounting related to the allowance for credit losses and other bank transactions.
Key Accountabilities: Financial Reporting Responsibilities Prepare monthly and quarterly consolidating financial statements and monthly consolidated financial packages for executive management the board of directors.
Lead the preparation of the Company’s annual financial statements.
Prepare financial statements schedules and compile footnotes and accompanying schedules in accordance with GAAP.
Coordinate preparation of footnotes and supporting documentation from others in company, as applicable.
Prepare the annual GAAP disclosure checklist.
Research, advise, and prepare new footnote disclosures as required by FASB or other pronouncements.
Lead the preparation, and when applicable provide detail review, of the quarterly Call Report, FR Y-9C, and FR Y-9LP for the Bank and Bank Holding Company .
Coordinate the information gathering process with other departments and other members of the Finance department, as necessary, and review information for propriety.
Prepare and document quarterly materiality thresholds and track and analyze accounting difference schedules for external filings.
Assist the CAO in the preparation, review, and analysis of periodic GAAP and tax equalized earnings summaries, deposit and loan summaries, and capital ratio reporting for internal release to management.
Lead the preparation, and when applicable provide detail review, of weekly regulatory reporting (such as the FR 2900 and FR 2644).
Assist in the preparation of regulatory reports required by the Federal Reserve Bank, including FR Y-6 (annual) and FR Y-8 (quarterly).
Assist the CAO and Controller in the preparation of annual shareholder meetings packages and quarterly shareholder distribution letters, as necessary.
Prepare quarterly risk-based capital computations for Broadway Bancshares, Inc and Broadway National Bank, in compliance with regulatory guidelines and instructions.
Develop and prepare various internal and external reports as needed (ALCO reporting, credit/CECL, reporting, risk reporting, etc.
).
Assist the CAO and Controller in the technical accounting related to bank assets such as accounting for the allowance for credit losses and mortgage servicing rights as well as support the technical account related to other significant and/or unusual transactions.
Support the preparation, development, and documentation of quarterly allowance for credit losses estimates for the Bank.
Assist the general accounting function in the preparation of consolidating and intercompany elimination entries.
Stay abreast of current accounting literature, current events, and FASB and regulatory pronouncements, and support the general accounting function in development of accounting policy and documentation for technical accounting transactions and new accounting standards.
Serve as an interdepartmental liaison between the accounting and FP&A function to align company financial reporting with line of business and geography profitability reporting.
Internal Controls over Financial Reporting (ICFR) Responsibilities Support the Chief Financial Officer (CFO) and Chief Accounting Officer (CAO) in the development of the effective company-wide ICFR program based on criteria established in Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission in 2013, current auditing standards, and other legal/regulatory standards.
Support the development and standardization of an ICFR policy and control documentation framework to include the development of standardized process and control matrixes.
Assist in the identification and evaluation of entity level, business process, and information technology controls to support the Company’s annual certification process and FDICIA management assessment of internal control over financial reporting.
Act as a primary external audit contact for related to substantive and control testing requests for financial reporting and accounting related processes.
Coordinate external audit requests for supporting documentation from others in company, as applicable.
Act as a liaison to internal audit and other internal departments within the company on ICFR related questions and matters.
Competencies and Skills: Strong understanding of US Generally Accepted Accounting Principles (US GAAP) Strong business acumen and understanding of banking as a business Proficiency in working with and developing financial and accounting reports and disclosures Proficiency in developing reports with a data warehouse environment Strong attention to detail and ability to notice discrepancies in data Strong analytical, organizational, and time management skills Self-motivated and able to work autonomously while keeping management appropriately informed Strong verbal and written communication skills and presentation skills Strong ability to collaborate positively with fellow employees and with senior management Strong work ethic and commitment to the accomplishment of individual and team objectives Work Experience Requirements: 5+ years of experience working in public accounting assurance, external reporting, and/or general accounting roles Experience with financial institution financial reporting standards and expectations Experience with the estimation and/or auditing of the allowance for credit losses Experience with bank regulatory reporting (Call Report, FR Y-9C, FR 2900, FR 2644, etc.
,); preferred Experience with the design, implementation, testing, and evaluation of internal controls over financial reporting; preferred Education Requirements: Bachelor’s degree in accounting or finance Master’s degree in accounting; preferred CPA designation; preferred Other Qualifications: Demonstrated experience with Microsoft Office Suite (Excel, Word, PowerPoint, Outlook) Experience with Fiserv Signature Core Banking system or Fiserv Prologue Financials GL system; preferred Experience with database extraction and reporting tools (such as Smart View, Essbase, or MicroStrategy); preferred We’re a culture that offers resources to benefit your overall health and well-being: Employee Impact Groups Career Development and Mentorship Programs Generous paid time off, minimum 4 weeks Employee recognition, awards, and events Free vision insurance Retirement matching Tuition reimbursement
Purpose of the To lead and support the development of the Company’s financial reporting and internal controls over financial reporting (ICFR) functions within the Finance Department.
This position will be responsible for the preparation of the Company’s annual financial statements, periodic external regulatory filings, and the preparation of internal financial reporting and results packages for distribution to executive management and the board of directors.
Additionally, this role will support the Chief Financial Officer (CFO) and Chief Accounting Officer (CAO) in the development of the effective company-wide ICFR program as well as support the technical accounting related to the allowance for credit losses and other bank transactions.
Key Accountabilities: Financial Reporting Responsibilities Prepare monthly and quarterly consolidating financial statements and monthly consolidated financial packages for executive management the board of directors.
Lead the preparation of the Company’s annual financial statements.
Prepare financial statements schedules and compile footnotes and accompanying schedules in accordance with GAAP.
Coordinate preparation of footnotes and supporting documentation from others in company, as applicable.
Prepare the annual GAAP disclosure checklist.
Research, advise, and prepare new footnote disclosures as required by FASB or other pronouncements.
Lead the preparation, and when applicable provide detail review, of the quarterly Call Report, FR Y-9C, and FR Y-9LP for the Bank and Bank Holding Company .
Coordinate the information gathering process with other departments and other members of the Finance department, as necessary, and review information for propriety.
Prepare and document quarterly materiality thresholds and track and analyze accounting difference schedules for external filings.
Assist the CAO in the preparation, review, and analysis of periodic GAAP and tax equalized earnings summaries, deposit and loan summaries, and capital ratio reporting for internal release to management.
Lead the preparation, and when applicable provide detail review, of weekly regulatory reporting (such as the FR 2900 and FR 2644).
Assist in the preparation of regulatory reports required by the Federal Reserve Bank, including FR Y-6 (annual) and FR Y-8 (quarterly).
Assist the CAO and Controller in the preparation of annual shareholder meetings packages and quarterly shareholder distribution letters, as necessary.
Prepare quarterly risk-based capital computations for Broadway Bancshares, Inc and Broadway National Bank, in compliance with regulatory guidelines and instructions.
Develop and prepare various internal and external reports as needed (ALCO reporting, credit/CECL, reporting, risk reporting, etc.
).
Assist the CAO and Controller in the technical accounting related to bank assets such as accounting for the allowance for credit losses and mortgage servicing rights as well as support the technical account related to other significant and/or unusual transactions.
Support the preparation, development, and documentation of quarterly allowance for credit losses estimates for the Bank.
Assist the general accounting function in the preparation of consolidating and intercompany elimination entries.
Stay abreast of current accounting literature, current events, and FASB and regulatory pronouncements, and support the general accounting function in development of accounting policy and documentation for technical accounting transactions and new accounting standards.
Serve as an interdepartmental liaison between the accounting and FP&A function to align company financial reporting with line of business and geography profitability reporting.
Internal Controls over Financial Reporting (ICFR) Responsibilities Support the Chief Financial Officer (CFO) and Chief Accounting Officer (CAO) in the development of the effective company-wide ICFR program based on criteria established in Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission in 2013, current auditing standards, and other legal/regulatory standards.
Support the development and standardization of an ICFR policy and control documentation framework to include the development of standardized process and control matrixes.
Assist in the identification and evaluation of entity level, business process, and information technology controls to support the Company’s annual certification process and FDICIA management assessment of internal control over financial reporting.
Act as a primary external audit contact for related to substantive and control testing requests for financial reporting and accounting related processes.
Coordinate external audit requests for supporting documentation from others in company, as applicable.
Act as a liaison to internal audit and other internal departments within the company on ICFR related questions and matters.
Competencies and Skills: Strong understanding of US Generally Accepted Accounting Principles (US GAAP) Strong business acumen and understanding of banking as a business Proficiency in working with and developing financial and accounting reports and disclosures Proficiency in developing reports with a data warehouse environment Strong attention to detail and ability to notice discrepancies in data Strong analytical, organizational, and time management skills Self-motivated and able to work autonomously while keeping management appropriately informed Strong verbal and written communication skills and presentation skills Strong ability to collaborate positively with fellow employees and with senior management Strong work ethic and commitment to the accomplishment of individual and team objectives Work Experience Requirements: 5+ years of experience working in public accounting assurance, external reporting, and/or general accounting roles Experience with financial institution financial reporting standards and expectations Experience with the estimation and/or auditing of the allowance for credit losses Experience with bank regulatory reporting (Call Report, FR Y-9C, FR 2900, FR 2644, etc.
,); preferred Experience with the design, implementation, testing, and evaluation of internal controls over financial reporting; preferred Education Requirements: Bachelor’s degree in accounting or finance Master’s degree in accounting; preferred CPA designation; preferred Other Qualifications: Demonstrated experience with Microsoft Office Suite (Excel, Word, PowerPoint, Outlook) Experience with Fiserv Signature Core Banking system or Fiserv Prologue Financials GL system; preferred Experience with database extraction and reporting tools (such as Smart View, Essbase, or MicroStrategy); preferred We’re a culture that offers resources to benefit your overall health and well-being: Employee Impact Groups Career Development and Mentorship Programs Generous paid time off, minimum 4 weeks Employee recognition, awards, and events Free vision insurance Retirement matching Tuition reimbursement
• Phone : NA
• Location : San Antonio, TX
• Post ID: 9156867919
