Description

Who We Are

Seattle Bank is a locally owned, digitally driven financial institution that provides personal, business and partner banking services and the website, CD Valet®. Our experienced team and open API, cloud-based core technology platform deliver a boutique bank experience for clients with interwoven personal and business financial needs. Our highly configurable and scalable tech stack also supports partner banking that enables companies to embed banking transactions into their customer online experience. Seattle Bank’s most recent innovation is CD Valet, a new online marketplace that connects consumers to financial institutions to compare and open Certificates of Deposit (CDs) with the most competitive rates and terms nationwide. Seattle Bank is a wholly owned subsidiary of Seattle Bancshares, Inc., a privately held bank holding company. Visit Seattle Bank for more information. 

Position Summary

Seattle Bank is currently seeking a professional to join the Accounting team. The Senior Accountant will be skilled in all aspects of general accounting and reporting, demonstrate high ethical standards, and strive to provide a great customer experience in line with Bank’s core principals. 

Essential Duties

• Manage accounting and reporting for key processes over Fixed Assets, Consumer loans, Prepaids, and Investments.
• Complete daily tasks including journal entries and FRB reconciliation.
• Maintain Fixed Asset records on set up, journal entry and reconciliations.
• Actively participate in month end close process, prepare month end entries and cash recons; ensure timely completion of all month end assignments. 
• Reconcile general ledger accounts to ensure accurate accounting and reporting. 
• Report on the Bank’s liquidity ratio and deposit growth.
• Record Consumer Loan transactions and report on past dues and delinquencies. 
• Process intercompany transactions with the holding company. 
• Prepare management reports and schedules for Call Report, Reg F, and ALCO meetings. 
• Prepare footnotes for the Bank’s annual report, support external auditor with year-end audit requests. 
• Assist the Bank with various regulatory audits. 
• Maintain and improve internal controls for accurate and timely reporting 
• Follow policies, procedures and make continuous process improvements. 
• Other duties and projects as assigned. 

Requirements

• Bachelor’s degree in Accounting and 4 years’ of relevant experience 
• Experience in banking and internal controls over financial reporting a plus 
• Proficient in Excel, Word, Outlook, Adobe.
• Team player, treat people with respect, work ethically and with integrity 
• Proven ability to handle multiple tasks, tight deadlines and shifting priorities 
• Organized, analytical, and detail oriented 
• Excellent verbal, written, and interpersonal communication skills 

Seattle Bank Benefits

We’re committed to delivering our promise of peace of mind to our clients. But we’re also committed to our team members. We have intentionally designed a culture and work space that are highly collaborative, inclusive and supportive. We believe in the value of each team member and offer a full range of benefits and perks designed to support both your personal and professional goals. Our comprehensive benefits program for eligible employees includes:

• Medical, Dental and Vision insurance
• Employee Assistance Program (EAP), Life Insurance, Long Term Disability, Voluntary Life
• 401K with Bank contribution
• Paid Vacation – 3 Weeks 
• Paid Sick Time – 1 hour per 40 hours worked 
• Paid Holidays – 10 days 
• Stock Options 
• Annual Bonus Opportunity
• Transportation Benefits 
• And fun, extra perks such as company socials and lunches, team development activities, bank sponsored volunteer opportunities, paid volunteer hours, quarterly incentive awards, and professional development opportunities.