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Cost Accounting Analyst Sr

City National Bank
Los Angeles, CA, United States
$101.2K-$172.4K a year
Full-time

COST ACCOUNTING ANALYST SR WHAT IS THE OPPORTUNITY? The Cost Accounting Analyst Senior will contribute to the Cost Accounting group by performing time studies, data analysis and reporting tasks to support the department's and bank's lines of business

This position will be instrumental in the development and maintenance of cost allocation methods and systems to accurately and adequately analyze costs and identify opportunities for improvement

This role requires the ability to translate business problems into solutions driven by data analysis, business acumen, creativity, and clear, concise and effective communication

What you will do Analyze complex enterprise-wide problems and develop solutions with limited direction

Use judgement to resolve moderate to highly complex questions and escalate unresolved issues to levels above

Analyze and report on periodic variances and their causes to assess validity of costing methods, assumptions and inputs

Work with data consumers to define and document explicit business requirements for cost and profitability reports

Use Excel, Access and / or PL / SQL to perform ad hoc analyses and reporting for a wide range of purposes, including cost accounting, profitability, reconciliation, and business metrics, among others

Define requirements and technical specifications for enhancements to the multi-dimensional activity based costing system used to allocate standard costs to clients, products, and cost centers

Identify and implement cost accounting process improvements

Facilitate quarterly and annual cost accounting updates for assigned bank units including reviewing expense pool variances, conducting time study interviews, identifying organizational and process changes, defining new activities and collaborating with the technology team on system enhancements

Responsible for maintaining on-going relationship with specific bank units to facilitate the end to end cost accounting process from time study interviews to monitoring for operational changes and addressing adhoc questions and issues

Develop and maintain positive, productive, and professional relationships with key business partners to meet expected customer service levels

Identify and recommend process improvements within assigned bank units to improve data availability and drive better costing results Support month-end cost accounting operational processing Must-Have* Bachelor's Degree or equivalent Minimum 7 years of financial analysis experience, preferably in a data-intensive financial company

Minimum 5 years cost accounting experience, preferably using activity based costing

Minimum 3 years working with large databases using Excel, Access and / or PL / SQL

Minimum 3 years working in a client facing business support role

Skills and Knowledge General knowledge of accounting / finance principles and theory

Prior experience in Financial Services industry a plus

Possesses attention to detail and excellent problem-solving and analytical skills

Good understanding of project management methodologies and procedures

Able to prioritize tasks and handle multiple projects at the same time, working under tight deadlines

Relies on experience and judgment to plan and accomplish assigned tasks and goals

Strong interpersonal, written and verbal communication skills with demonstrated ability to work in a team environment

Able to communicate clearly and professionally with all levels of an organization

Ability to express complex technical concepts in business terms

Compensation Starting base salary : $101,231 - $172,355 per year

Exact compensation may vary based on skills, experience, and location

This job is eligible for bonus and / or commissions

To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification

It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues

Get an inside look at our Benefits and Perks

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusion

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

ABOUT CITY NATIONAL We start with a basic premise : Business is personal

Since day one we've always gone further than the competition to help our clients, colleagues and community flourish

City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today

City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

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