Corporate Accountant
Capital Bank, N.A.
full-time
Posted on:
Location Type: Hybrid
Location: Rockville • Maryland • United States
Visit company websiteExplore more
Salary
💰 $70,000 - $130,000 per year
About the role
- Assist with the preparation and/or review of GL and internal DDA reconciliations as required.
- Assist with the research and resolution of complex reconciling items identified within completed GL, internal DDA, and loan clearing reconciliations.
- Complete month-end close tasks and/or post related journal entries as assigned.
- Complete and file assigned quarterly regulatory filings such as FR Y-6, FR Y-8, along with FR Y-10 when a filing is necessary.
- Prepare monthly tax provision for and record resulting journal entries in the accounting system prior to month-end close.
- Understand and work closely with outside tax consultant to perform annual roll forward of deferred tax assets and liabilities.
- Work with outside tax consultant to update effective tax rate (ETR) annually for Capital Bank and related companies once annual budget is completed and approved by the Board of Directors.
- Work closely with external tax preparer to provide necessary documentation to ensure Federal and state income tax return filings are complete and accurate, and related tax payments are processed according to instructions provided by the external tax preparer.
- Respond timely to state and federal tax notices received by Capital Bank and related companies.
- Work closely with Human Resources (HR) to record stock option exercises and Restricted Stock (RSU) vestings timely and accurately.
- Ensure stock compensation expense is set up accurately upon receipt of annual RSU grants and for out of cycle RSU grants.
- Work with HR to update as necessary bonus, incentive, and deferred compensation accruals.
- Collaborate with the Controller and Assistant Controller to ensure all accounting policies and procedures are updated at least annually.
- Assist in the preparation of schedules/information for internal and external auditors.
Requirements
- Bachelor’s degree in accounting or related field.
- Minimum of 5 years of banking experience
- Minimum 10 years’ experience working with income taxes, general ledger reconciliations, stock compensation and month-end closing.
- Requires advanced Microsoft Excel and intermediate Word knowledge.
- Advanced problem-solving skills are required to find solutions to problems that are technically complex and require collection, interpretation, and analysis of data from diverse sources.
- Must have the ability to work independently with little supervision.
- Ability to perform mathematical and financial calculations.
- Excellent oral and written communication skills.
Benefits
- Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?
- Company Contributions to your 401k - Regardless of your contribution
- Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
- Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
general ledger reconciliationsinternal DDA reconciliationsmonth-end closingjournal entriestax provision preparationdeferred tax assetsdeferred tax liabilitiesstock compensationbonus accrualsfinancial calculations
Soft Skills
advanced problem-solvingindependent workoral communicationwritten communication
Certifications
Bachelor’s degree in accounting