Financial Reporting Associate

Come work with us:

Metropolitan Commercial Bank, The Entrepreneurial Bank Since 1999, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island. Metropolitan Commercial Bank is a New York State chartered commercial bank, an FDIC member and an equal opportunity lender. The parent company of Metropolitan Commercial Bank, Metropolitan Bank Holding Corp., is a publicly traded company.

Did you know? Metropolitan Commercial Bank was named by Piper Sandler as one of the Bank & Thrift SMS-All Stars for the year 2022!

About the role:

Reporting to the Head of Financial Reporting, individual will have responsibility for assisting in the preparation of SEC and Bank Regulatory reporting requirements, including but not limited to the Form 10-K/Q and Earnings Release. Also, will be engaged in various monthly and quarterly financial analyses for Board presentations, and other financial/analytical projects on an ad hoc basis.

Duties and responsibilities of the job include the following (but is not limited too):

• Oversee, prepare and review high-quality Form 10-K and Form 10-Q filings, earnings release, investor presentations, regulatory filings, and board reports.
• Stay current on changes to Accounting Standards Codifications, SEC regulations and regulatory reporting requirements, and evaluate and communicate impact on the Company's financial reporting. Conduct and document accounting research on complex accounting and reporting matters.
• Maintain the Company's GAAP checklist and ensure the company's financial statements remain current with latest requirements.
• Liaise closely with external and internal auditors and act as key point of contact on technical accounting issues and in executing the audit plan.
• Help to support SOX 404 compliance requirements and appropriate process for SOX 404 reporting.
• Involved with the accounting and reporting for the Company’s stock-based compensation plans under ASC 718.

Preferred experience, education, and qualifications:

• Bachelor's Degree in Accounting or Finance and CPA qualified.
• 10 years of relevant work experience, with SEC reporting and regulatory reporting experience with a publicly traded Bank; ideally, also having Big 4 experience.
• Strong technical knowledge of bank U.S. GAAP and SEC reporting requirements.
• Strong communicator (written and oral) and proven ability to work cross-functionally.
• Demonstrated knowledge and experience researching and documenting disclosure guidance and the accounting treatment of complex issues and communicating them across the organization.
• Advanced experience with Excel and PowerPoint preferred.
• Experience with Toppan Merrill Bridge a plus.
• Self-motivated – able to think independently, creatively, and opportunistically; driven to add value and continuously seek opportunities for improvement both individually and as a team.
• Strong analytical, problem-solving, and strategic-thinking skills.
• Excellent time management, organizational, and project management skills.
• Experience with SOX 404 readiness process.
• Perform quality work within determined timeframes.
• Interact professionally with other employees, customers, vendors and shareholders.
• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
• Work on ad-hoc tasks, assignments and projects as needed.

Potential Salary: $130,000 - $170,000 annually

This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Salary : $130,000 - $170,000