Capital Bank, N.A. is a publicly traded company headquartered in Maryland that offers commercial and consumer banking services. The Reconciliation Accountant is responsible for executing and maintaining the Bank’s account reconciliation process, ensuring accuracy and integrity of balance sheet accounts through timely reconciliations and collaboration with the accounting team.
Responsibilities
- Prepare and perform daily, weekly, and monthly account reconciliations, ensuring all balances are accurate, supported, and completed within established timelines
- Identify, investigate, and resolve reconciling items, including escalation of unusual or aged items to management
- Prepare and post clearing and adjusting journal entries to resolve reconciling differences, in coordination with Senior Accountants
- Maintain and monitor reconciliation aging schedules, ensuring timely clearance of outstanding items
- Perform daily reconciliation and review of the FRB account and other clearing accounts, ensuring completeness and accuracy of activity
- Partner with Senior Accountants to support variance analysis, account review, and month-end close activities
- Assist in maintaining the integrity of the general ledger by ensuring reconciled balances tie to supporting documentation
- Collaborate with Accounting Operations Supervisor to maintain and enhance reconciliation procedures and documentation, ensuring controls are current and effective
- Support liquidity tracking and ad hoc requests, particularly where reconciliation or balance validation is required
- Assist with Accounts Payable and other operational processes, as needed, with a focus on reconciliation and clearing-related items
Skills
- Bachelor's or associate's degree in Accounting or related field
- Experience as a book-keeper or staff accountant
- Banking and intercompany experience
- Microsoft Office Software Suite (Word, Excel, PowerPoint, etc.)
- Excellent verbal and written communication skills
- Knowledge of how transactions flow through the General Ledger
- Critical thinking and problem-solving skills are a must
- Ability to multitask and perform in a deadline driven environment
- Excellent organizational skills and attention to detail
- Solid understanding of accounting functions
- Experience as a book-keeper or staff accountant
- Banking and intercompany experience
Benefits
- Yearly annual target bonus based on individual performance
- Hybrid role expected to work in office on Monday, Tuesday, Thursday, and Friday. You will be able to work remotely on Wednesday
- Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?
- Company Contributions to your 401k - Regardless of your contribution
- Paid Parental Leave
- Employee Recognition Program
- Leadership Program
- Tuition Reimbursement Program
- Employee Bank Checking Account
- Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities
Company Overview
Capital Bank N.A., headquartered in Rockville, Maryland is a Maryland chartered commercial bank that offers commercial and consumer banking services to clients in the Washington D.C. It was founded in 1998, and is headquartered in Rockville, Maryland, USA, with a workforce of 201-500 employees. Its website is http://www.capitalbankmd.com.