Sr Financial Analyst
Company: Pacific Premier Bank
Location: Irvine
Posted on: January 27, 2023
Job Description:
If you are a job seeker with a disability and require a
reasonable accommodation to apply for one of our jobs, you will
find the contact information to request the appropriate
accommodation by visiting the following page: Corporate 17901
17901 Von Karman Ave.
Irvine, CA 92614, USA
DescriptionThe Senior Financial Analyst (SFA) is responsible for
various loan accounting assignments that relate to internal
financial reports, financial analysis, preparation and review of
investor reports, accounting for loan transactions, data
management, account reconciliation, and other projects as
assigned.The SFA is expected to use their skills to aid in the
preparation, evaluation, and review of complex information and/or
reports used by internal management, external regulatory financial
filings and investor presentation reports. The SFA will be a
self-starter, inquisitive and able to deal with complex financial
data and ambiguity, using their skills to analyze and summarize
complex data for management, specifically in the areas of internal
and external financial reporting and other purposes as
necessary.RESPONSIBILITIES
- Prepare and record journal entries for the loan accounting
department.
- Prepare month-end general ledger reconciliations for
loans.
- Create, prepare, and distribute monthly and ad hoc financial
reports for management.
- Perform financial statement analysis and variance explanations;
highlight and recommend solutions to management.
- Support Loan Servicing and Credit Administration with loan
accounting and analysis, and determining proper accounting
treatment.
- Record gain/loss on loan sales and transfers to loans held for
sale.
- Prepare valuations for MSRs, equity warrants, and SBA
discounts.
- Prepare/review AP accruals for loan related expenses.
- Coordinate the FAS 91 cost study for various loan
products.
- Collaborate with Credit Administration and Special Assets on
various projects.
- Assist with automating loan reporting leveraging a data
warehouse; prepare business requirements and implement new
reporting metrics for management.
- Recommend and design new reports or enhance existing reporting
to reflect changes in policy, market conditions, or to incorporate
concepts expressed by senior management.
- Create and ensure the accuracy of internal and external reports
including SEC filings on Forms 10-K, 10-Q and 8-K, investor and
management presentations, and committee presentations.
- Prepare and/or review regulatory Call reports for the Bank as
related to loans.
- Remain current on FASB and SEC developments.QUALIFICATIONS
- 5+ years of accounting and/or financial analysis experience at
a similar financial institution.
- Intermediate to advanced experience with Microsoft Office
products including Excel, Word and PowerPoint.
- Experience working with regulators, auditors, accountants, and
others in the industry.
- Knowledgeable on loan related accounting including loan
receivables under ASC 310, credit losses under ASC 326, and
transfers and servicing under ASC 860.
- Experience running SQL queries and analyzing large data sets a
plus.Equal Opportunity Employer/Protected Veterans/Individuals with
DisabilitiesThe 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) Equal Opportunity Employer -
Veterans/Disabled
Keywords: Pacific Premier Bank, Irvine , Sr Financial Analyst, Professions , Irvine, California
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