Financial Operations Supervisor

2 weeks ago


Rockville, Maryland, United States Capital Bank, N.A. Full time
About Capital Bank, N.A.
Capital Bank N.A. is a leading financial institution based in Maryland, dedicated to serving our communities since 1999. As a publicly traded entity (NASDAQ: CBNK) with assets exceeding $2 billion, we provide a comprehensive range of commercial and consumer banking services across Maryland, DC, and Northern Virginia. Our innovative approach to banking, combined with advanced technological solutions and a diverse array of products and services, empowers us to support our clients throughout their financial journeys.

Join Our Team
At Capital Bank, we believe in fostering an environment where our employees can thrive and engage in meaningful work. We are proud to have been recognized as one of the "Best Banks to Work For" in the U.S. by American Banker for four out of the last five years.

Position Overview
The Financial Operations Supervisor is responsible for overseeing the daily functions of the accounting department. This role includes directing and supervising staff to ensure a full spectrum of accounting support services is provided to the Bank.

Key Responsibilities
  • Review general ledger reconciliations prepared by staff to ensure compliance with accounting standards and to understand the nature of discrepancies.
  • Monitor daily transactions with the Federal Reserve Bank and Federal Home Loan Bank, delegating recording tasks to staff accountants while keeping the Controller informed of liquidity requirements.
  • Oversee daily settlement transactions for OpenSky, addressing any issues that arise.
  • Manage the recording of general ledger entries related to CDARS and ICS as necessary.
  • Ensure timely submission of regulatory reports, including the FR2900 on a weekly basis.
  • Review and approve general ledger transactions initiated by staff.
  • Assist in the month-end closing process by supervising staff accountants and preparing necessary reconciliations and entries.
  • Collaborate with the Controller on regulatory reporting and maintain knowledge of accounts payable, fixed assets, reconciliation, payroll, and investment systems.
  • Provide support to other departments in resolving accounting-related inquiries.
  • Work with internal and external auditors to ensure compliance with SOX controls and facilitate various audits.
  • Coordinate with HR to ensure accurate and timely recording of stock and option-related entries.
Qualifications
  • Bachelor's Degree in Accounting, Business Administration, or a related field, or equivalent experience.
  • A minimum of five years of experience in a financial institution.
  • Familiarity with financial and banking accounting reporting systems; knowledge of Fiserv Premier or Prologue is advantageous.
  • Strong understanding of accounting principles and banking regulations.
Technical Skills
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, etc.).
  • Excellent verbal and written communication abilities.
Additional Information
This position operates in a hybrid work environment, promoting flexibility and work-life balance.

Capital Bank, N.A. is an Affirmative Action, E-Verify, and Equal Opportunity Employer.

We are committed to providing equal employment opportunities to all individuals, including protected veterans and individuals with disabilities.

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