Your opportunityAt 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 youAt 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
CO Salary Range: USD $81,800 - $135,000 / YearWhat’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 planPaid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positionsPaid parental leave and family building benefitsTuition reimbursementHealth, dental, and vision insuranceSchwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.