CityFirst Bank
Accountant
CityFirst Bank, Washington, District of Columbia, us, 20022
WHO WE ARE
City First Bank N.A.
is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.4 billion in bank assets as of December 31, 2023, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.
ROLE SUMMARY
The position of the Accountant plays a crucial role in the financial operations of a bank, ensuring accuracy, compliance, and integrity in the accounting and financial reporting processes. They are responsible for managing and reconciling financial transactions, preparing financial statements, and providing valuable financial insights to support the bank's decision-making processes.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIESPrepare, review, and post journal entries to ensure accuracy and compliance with accounting standards.Perform account reconciliations and resolve discrepancies to maintain accurate financial records.Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP and regulatory requirements.Compile and prepare internal management reports and external regulatory reports.Assist in the preparation and review of quarterly and annual SEC filings, including 10-Q and 10-K reports, and coordinate earnings releases.Ensure adherence to banking regulations and internal policies related to financial reporting and accounting practices.Assist in internal and external audits by providing accurate financial data and supporting documentation.Conduct variance analysis to identify and explain differences between actual and budgeted financial performance.Utilize accounting software and other financial tools to streamline accounting processes and enhance efficiency.Other duties as assignedRequirements
EDUCATION & EXPERIENCE
Required Education/Experience:
Bachelor's degree in accounting, finance, or a related field.Professional certifications such as Certified Public Accountant (CPA) or Chartered Accountant (CA) are often preferred or required.KNOWLEDGE, SKILLS, AND ABILITIES
Required Knowledge & Skills:
Strong analytical and problem-solving skills.Ability to meet deadlinesProficiency in accounting software and Microsoft Office applications.Attention to detail and a high level of accuracy.Strong communication and interpersonal skills.Ability to work effectively in a fast-paced and regulated environment.Preferred Knowledge & Skills:
Ability to collaborate with other departments throughout the BankProficiency in FIS/Horizon or similar bank-related core accounting system preferred
Salary Description
$66,661 - $76,460, annually
City First Bank N.A.
is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.4 billion in bank assets as of December 31, 2023, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.
ROLE SUMMARY
The position of the Accountant plays a crucial role in the financial operations of a bank, ensuring accuracy, compliance, and integrity in the accounting and financial reporting processes. They are responsible for managing and reconciling financial transactions, preparing financial statements, and providing valuable financial insights to support the bank's decision-making processes.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIESPrepare, review, and post journal entries to ensure accuracy and compliance with accounting standards.Perform account reconciliations and resolve discrepancies to maintain accurate financial records.Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP and regulatory requirements.Compile and prepare internal management reports and external regulatory reports.Assist in the preparation and review of quarterly and annual SEC filings, including 10-Q and 10-K reports, and coordinate earnings releases.Ensure adherence to banking regulations and internal policies related to financial reporting and accounting practices.Assist in internal and external audits by providing accurate financial data and supporting documentation.Conduct variance analysis to identify and explain differences between actual and budgeted financial performance.Utilize accounting software and other financial tools to streamline accounting processes and enhance efficiency.Other duties as assignedRequirements
EDUCATION & EXPERIENCE
Required Education/Experience:
Bachelor's degree in accounting, finance, or a related field.Professional certifications such as Certified Public Accountant (CPA) or Chartered Accountant (CA) are often preferred or required.KNOWLEDGE, SKILLS, AND ABILITIES
Required Knowledge & Skills:
Strong analytical and problem-solving skills.Ability to meet deadlinesProficiency in accounting software and Microsoft Office applications.Attention to detail and a high level of accuracy.Strong communication and interpersonal skills.Ability to work effectively in a fast-paced and regulated environment.Preferred Knowledge & Skills:
Ability to collaborate with other departments throughout the BankProficiency in FIS/Horizon or similar bank-related core accounting system preferred
Salary Description
$66,661 - $76,460, annually