Reconciliation Accountant
Capital Bank, N.A., Rockville, MD, United States
Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients in Maryland, DC, and Northern Virginia, alongside two nation‑wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting‑edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey.
Position Purpose
The Reconciliation Accountant is responsible for executing and maintaining the Bank’s account reconciliation process across the Bank, Holding Company, and related entities. This role focuses on ensuring the accuracy and integrity of balance sheet accounts through timely reconciliations, investigation of reconciling items, and coordination with accounting team members to resolve discrepancies. The Reconciliation Accountant will also support the close process through preparation of select journal entries and collaboration with Senior Accountants on variance analysis and account review.
Position 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
Minimum Education & Experience
Bachelor’s or associate’s degree in Accounting or related field
Experience as a book‑keeper or staff accountant preferred but not required
Banking and intercompany experience preferred but not required
Solid understanding of accounting functions
Excellent organizational skills and attention to detail
Ability to multitask and perform in a deadline‑driven environment
Technical Knowledge and Skills
Microsoft Office software suite (Word, Excel, PowerPoint, etc.)
Excellent oral and written communication skills; knowledge of how transactions flow through the General Ledger
Critical thinking and problem‑solving skills are a must
Other
Ability to travel as needed
Compensation
Base Salary Range: $65,000 – $85,000 annually. Final determination of salary within the range considers geographic location, relevant experience, skill set, education, and ability to meet qualifications within the job description.
Additional Compensation: This role includes a yearly target bonus based on individual performance
Working Arrangements
This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. Ideally, the individual will be located in our Rockville, MD headquarters. Remote work is permitted on Wednesday.
Benefits
Comprehensive benefits package including Medical, Dental, Vision, Company‑Paid Life Insurance, Disability Insurance, and more
Company Contributions to 401(k) regardless of employee contribution
Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more
Generous Paid Time Off and Paid Holidays, including Paid Charity Hours to support volunteer opportunities
Capital Bank, N.A. is an affirmative action, E‑Verify, and Equal Opportunity Employer.
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Position Purpose
The Reconciliation Accountant is responsible for executing and maintaining the Bank’s account reconciliation process across the Bank, Holding Company, and related entities. This role focuses on ensuring the accuracy and integrity of balance sheet accounts through timely reconciliations, investigation of reconciling items, and coordination with accounting team members to resolve discrepancies. The Reconciliation Accountant will also support the close process through preparation of select journal entries and collaboration with Senior Accountants on variance analysis and account review.
Position 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
Minimum Education & Experience
Bachelor’s or associate’s degree in Accounting or related field
Experience as a book‑keeper or staff accountant preferred but not required
Banking and intercompany experience preferred but not required
Solid understanding of accounting functions
Excellent organizational skills and attention to detail
Ability to multitask and perform in a deadline‑driven environment
Technical Knowledge and Skills
Microsoft Office software suite (Word, Excel, PowerPoint, etc.)
Excellent oral and written communication skills; knowledge of how transactions flow through the General Ledger
Critical thinking and problem‑solving skills are a must
Other
Ability to travel as needed
Compensation
Base Salary Range: $65,000 – $85,000 annually. Final determination of salary within the range considers geographic location, relevant experience, skill set, education, and ability to meet qualifications within the job description.
Additional Compensation: This role includes a yearly target bonus based on individual performance
Working Arrangements
This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. Ideally, the individual will be located in our Rockville, MD headquarters. Remote work is permitted on Wednesday.
Benefits
Comprehensive benefits package including Medical, Dental, Vision, Company‑Paid Life Insurance, Disability Insurance, and more
Company Contributions to 401(k) regardless of employee contribution
Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more
Generous Paid Time Off and Paid Holidays, including Paid Charity Hours to support volunteer opportunities
Capital Bank, N.A. is an affirmative action, E‑Verify, and Equal Opportunity Employer.
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