Staff Accountant

Capital Bank MD
life insurance, parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
United States, Maryland, Rockville
2275 Research Boulevard (Show on map)
Nov 14, 2024
Description About Us Capital Bank N.A. is headquartered in Maryland, and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $2 billion in assets. We offer commercial and consumer banking services to clients in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey. Come join a bank where our employees thrive and are engaged in meaningful work. For the last 4 out of 5 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker. Position Purpose The Staff Accountant is heavily involved with the day to day accounting/bookkeeping functions for the Bank as well as the Holding Company and other related entities. The Staff Accountant will provide assistance with month end, quarter end and year end close processes as necessary. This includes monthly review, reconciliation preparation, and analytical research of general ledger accounts. This position is involved in certain aspects of recurring and special projects. Position Responsibilities Perform bookkeeping and other accounting functions for the Capital Bank and the other related companies including preparing monthly general ledger account reconciliations in a timely manner. Following up on all reconciling items to ensure they are resolved within 30 days. Communicate any recurring reconciling issues or unusual reconciling items to the Assistant Controller. Process principal and interest payments on the Bond Portfolio Provides back-up support for the following duties: daily reconciliation of Federal Reserve Account, including problem resolution; cash management of Fed Funds balances at correspondent banks; monitors daylight overdraft position at the Federal Reserve. Assists with the Accounts Payable process up to and including being a back-up. Work with the Assistant Controller to ensure all Accounting policies and procedures are updated and current on at least an annual basis Assist in the preparation of schedules/information for internal and external auditors Minimum Education & Experience Previous accounting experience with a basic understanding of financial statement presentation Prior experience within the banking for financial services industry is a plus Technical Knowledge and Skills Excellent organizational skills and attention to detail. Ability to multitask and perform in a deadline driven environment. General understanding of accounting principles. Excellent verbal and written communication skills Proficient with the Microsoft Office suite of products (Excel, Word, PowerPoint, etc. Working Arrangements This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. You will be able to work remotely on Wednesday. Compensation: Base Salary Range: $28.70 - $40.18 hourly. Final determination of where you are at in the salary range is based on numerous factors such as relevant experience, skill set, education, and ability to meet qualifications within the job description. Additional Compensation: This role will include a yearly annual target bonus based on individual performance. Why Join Us? Join a growing company with a culture that fosters an entrepreneurial spirit 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 Supporting Businesses. Helping People. Strengthening Communities. Capital Bank, N.A. is an E-Verify, Affirmative Action, and Equal Opportunity Employer. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)