What are the responsibilities and job description for the Supervisor Financial Reporting position at City National Bank and Careers?
SUPERVISOR FINANCIAL REPORTING
WHAT IS THE OPPORTUNITY?
As a member of the Financial Reporting team, the Financial Reporting Lead will participate in all aspects of CNB's financial reporting per U.S. GAAP, accounting month-end and quarter-end close process, subsidiary reporting to the parent, other routine or ad hoc reporting as assigned, and technical accounting research. The Financial Reporting Lead will be responsible for the timely and accurate preparation and coordination of the Bank's annual financial statements, parent reporting, and projects that may be assigned from time to time. The Financial Reporting Lead will also support the maintenance and development of the Bank's financial accounting reporting system and tools. This position may be responsible for leading one or more Financial Reporting team members in daily tasks or team projects.
WHAT WILL YOU DO?
- Coordination, preparation and review of the Bank’s annual financial statements.
- Prepares and supports the reporting needs by RBC and RBC IHC for their reporting needs for the Bank’s activities and transactions
- Participates in the month-end and quarter-end close process.
- Compiles the support needed in the submission for assigned regulatory filings per FRB or OCC’s reporting requirements.
- Provides PeopleSoft support to members of the Controller’s Group and other bank departments as it relates to areas in PeopleSoft that financial reporting is responsible for overseeing or well-versed in. Responsibilities include, but are not limited to: maintaining PeopleSoft reporting trees and existing nVision reports, building new nVision reports, building and running queries, trouble-shooting issues, etc.
- Participates in the design and implementation of enhancements to financial accounting systems and processes.
- Supports the technical accounting research projects. This role also supports the technical accounting needs of other departments in the Company.
- Assists in developing, documenting and maintaining accounting policies and procedures. Assists in the implementation of new accounting standards.
- Participates in other special projects.
- May supervise other staff members. Participates in staff development.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
WHAT'S IN IT FOR YOU?
Benefits and Perks
ABOUT US
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
- Bachelor's Degree or equivalent
- Minimum 5 years of accounting experience within Big 4 accounting firm or mid-tier accounting firms and/or publicly-held company required.
- Minimum 1 year of supervisory experience required.
Additional Qualifications
- Excellent knowledge of U.S. GAAP
- Experience in the financial services industry preferred.
- Prior SEC reporting experience preferred.
- Experience with technical accounting research and documentation preferred. Ability to propose company positions on reporting and accounting issues.
- Strong quantitative and qualitative analysis skills; excellent written and oral communication skills required.
- Excellent knowledge of financial accounting reporting systems and software tools. Proficiency with MS Office software suite, particularly Excel. Experience in PeopleSoft and nVision preferred.
- Ability to interact effectively with all levels of colleagues, both within the Finance Division and throughout the Bank, including senior and executive management, external auditors and third-party consultants.
- Results oriented with strong organizational, time management and project management skills.
- Experience in documenting policies, procedures and process flows.
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $77,000 - $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
- Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
Salary : $77,000 - $143,000