What are the responsibilities and job description for the VP-Senior Accounting Manager position at East West Bank?
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 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 a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview
Join our dynamic Operations Accounting Team and take a leadership role in managing complex accounting functions for a growing financial institution. This position oversees critical areas of bank operations accounting and ensures compliance with regulatory requirements.
Key Focus Areas Include:
- Deposits and deposit-related regulatory reporting
- Foreign currency transactions
- Cash Management
- Leases
- Fixed assets
- Prepaids
- Various fee-generating bank products
As part of a rapidly expanding organization, you will drive continuous improvement initiatives, leveraging automation and analytics to enhance accuracy, efficiency, and insight into operational performance.
Responsibilities
- Lead and manage daily accounting operations and month-end close processes for operational areas.
- Oversee deposit-related regulatory reporting, ensuring accuracy, timeliness, and compliance with applicable regulations.
- Monitor and analyze accounting data; review monthly and quarterly GL account variance analyses.
- Establish and maintain robust internal controls, accounting policies, and procedures.
- Review and prepare schedules and reports for internal stakeholders and external auditors; assist with audits of financial statements and disclosures.
- Support accounting requirements for new products, services, and system enhancements.
- Drive process improvements and automation initiatives to optimize efficiency and reporting quality.
- Perform ad-hoc analyses and special projects as needed.
Qualifications
- Strong knowledge of GAAP and regulatory reporting requirements for financial institutions.
- Banking or financial services experience highly preferred.
- Minimum 7 years of progressive accounting experience in public accounting and/or public company environments.
- Proven ability to lead teams and collaborate across departments.
- CPA license or MBA strongly preferred.
- Advanced analytical, organizational, and problem-solving skills.
- Excellent communication skills for interacting with senior management and cross-functional teams.
- Bachelor’s degree in Accounting, Finance, or related field.
- Advanced proficiency in Microsoft Excel; experience with ERP systems and automation tools a plus.
Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.
Compensation
The base pay range for this position is USD $160,000.00/Yr. - USD $210,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.Salary : $160,000 - $210,000