Manager Bank Accounting

Salary: USD $81,800 - $135,000 / Year

Your opportunity

At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.

The Bank Accounting team is part of the Corporate Controller's department and is responsible for the financial books and records of the Bank subsidiaries and Trust Companies of Charles Schwab Corporation. This includes accounting for the Bank's loans, deposits, and investment transactions. Functions of Bank Accounting team include: closing the books for the Bank Subsidiaries and Trust Companies, account reconciliations, monthly, quarterly and annual close and analysis, as well as working on projects tied to company-wide initiatives.

What you have

• 5+ years GAAP accounting or finance experience
• Undergraduate degree in accounting
• CPA preferred
• Solid understanding of GAAP
• Solid proficiency in Microsoft Office, particularly Microsoft Excel
• Strong attention to detail and supporting documentation
• Proactive, results-oriented operating style
• Proficiency with working with data using tools such as Google BigQuery, Microsoft SQL server, and Alteryx is a plus.
• Ability to identify issues and seek resolutions
• Efficient time management skills
• Strong communication and partnering skills
• PeopleSoft Financials experience a plus
• Public Accounting experience a plus
• Financial services industry experience a plus

What you'll do:

• Perform accounting duties as assigned to assist the team in maintaining the accounting books and records of the Charles Schwab Bank, Premier Bank, and Charles Schwab Trust bank
• Analyze general ledger and sub-ledger account activity
• Prepare and record daily and monthly journal entries
• Reconcile balance sheet accounts and prepare related documentation as well as perform daily balancing activities
• Prepare quarterly reporting that is used in financial reporting and regulatory reports
• Perform research to support business partners, auditors and/or regulator inquiries
• Assist with special projects
• Maintain process documentation
• Execute internal controls to ensure a SOX compliant control environment

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

What's in it for you

At Schwab, we're committed to empowering our employees' personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you'll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance