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Senior Financial Reporting Analyst II

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East West Bank

2024-11-06 18:42:23

Job location Pasadena, California, United States

Job type: fulltime

Job industry: Accounting

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:
Responsible for the preparation of both internal and external reports including SEC and regulatory filings.

Responsibilities:
Responsible for more complex finance activities involving regulatory reporting. Complete regulatory reporting filings such as Call reports, FR Y-9LP, FR Y-9C, FR Y-6, FR Y-10 etc. assist in implementing solutions for process improvement, and maintain documentation of process and procedures

Prepare monthly/quarterly risk-based capital ratios, have solid knowledge in the risk-based capital rules, develop and maintain the record of process and procedures, and support all aspects of compliance of regulatory capital rules.

Prepare monthly stock-based compensation entries and support all aspects of stock-based compensation accounting

Participate in all aspects of quarterly/annual SEC filings, including 10-Q, 10-K, 8-K, 11-K and other SEC filings) including the revamp of certain sections as assigned; Work paper/electronic compilation and tie-out; Integrating comments provided by colleagues and interacting with business leaders to ensure accurate filings; XBRL tagging of the Financial Statements and Footnotes; Managing the SEC reporting software (Workiva); Completing GAAP and SEC disclosure checklists; assist with development of ESG reporting process.

Provide audit, accounting, and compliance support by satisfying all requests timely and accurately with requested information

Independently research accounting and disclosure-related matters and incorporate new GAAP/SEC reporting requirements into filings and recommend improvements to existing disclosures to ensure compliance and effectiveness

Communicate with external and internal auditors regarding financial reporting matters

Prepare various schedules for internal reporting requirements including the monthly Board package

Prepare and review various schedules and reports for internal users and external auditors, and assist in the audit of financial statements and related footnotes

Perform and complete ad-hoc analyses and projects as needed and coordinate resources.

Qualifications:
CPA license or MBA preferred.

Banking/financial institution experience is preferred.

Experienced in banking risk-based capital preparation is a plus

At least 5 years public accounting and/or public company financial reporting experience

Solid knowledge of generally accepted accounting principles and concepts

Strong analytical, organizational, and problem-solving skills; including research skills regarding current and prospective updates to SEC disclosure requirements and regulatory reporting

Demonstrated strong attention to detail and accuracy

Ability to establish priorities, work independently, and proceed with objectives without supervision

Proven ability to perform under pressure and to adjust plans to meet changing needs and requirements

Excellent team player who can build and leverage working relationships, lead projects and coordinate resource

Experience with PeopleSoft GL and Workiva software

Proficient in Microsoft Excel

EDUCATION and/or EXPERIENCE:

Bachelor's degree (B.A.) from four-year college or university; and at least 5 years public accounting and/or financial reporting experience.

LANGUAGE SKILLS:

Strong verbal and written communication skill. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence and procedure manuals.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee 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 employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms.

The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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

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