Financial Reporting & Budgeting Specialist - HYBRID (Central NJ)

Company Overview:

Peapack Private Bank & Trust is a leader in wealth, lending and deposit solutions. At Peapack Private, our clients are cared for by a single point of contact and are served by empowered employees who consistently go above and beyond to provide exceptional service and offer a boutique private banking experience.

What makes Peapack Private different? We are an institution that has always believed in putting the well-being and needs of our employees and our clients first. We are proud to be recognized for the seventh consecutive year by American Banker as one of the "Best Banks to Work For" across the nation. In addition, we were selected as Crain's Best Places to work in NYC for our inaugural year, 2024. Our secret sauce in one word is our 'culture'.

At Peapack Private, we value a diverse and inclusive workspace, deeply committed to growing leaders at all levels of the organization thorough mentorship, career pathing, and professional development. There are multiple ways to build relationships and get involved - from joining our Cultural Ambassador Committee focused on areas like Wellness, Fun, Inclusion, or Environmental Awareness - to involvement in community service activities through Volunteerism. Said quite simply, the culture and the people who work here are amazing!

Position Overview:

Responsible for multiple facets of the Bank's financial reporting, budgeting and analysis. Primary responsibilities include, but are not limited to, preparation of monthly, quarterly and annual financial reports for the Board of Directors and Executive Management.

Key Responsibilities:

• Prepares monthly, quarterly and annual financial reports for the Board of Directors and Executive Management.
• Prepares quarterly and annual financial tables for SEC reporting (Form 10-Q's and Form 10-K), using Donnelley Financial Solutions (Active Disclosure)
• Prepares and submits required FRB filings for the Bank including:

1. Weekly review and payment of both Federal and New Jersey State Withholding
2. Weekly review/analysis of FR2900 Deposit Reporting to be uploaded to the Federal Reserve - Reporting Central website
3. Weekly review/analysis of FR2644 Selected Assets and Liabilities to be uploaded to the Federal Reserve - Reporting Central website
4. Monthly review/analysis of PGB Sales Tax and payments/uploading necessary data Weekly review and payment of both Federal and New Jersey State Withholding
5. Preparation of Delaware Franchise Tax

• Prepares quarterly Safety & Soundness reporting for Marketing
• Prepares quarterly PGB by the Numbers for Marketing
• Prepares quarterly Regulation F analysis of correspondent banks
• Performs monthly consolidation and condensed reporting on Jack Henry
• Maintain the eliminations on Jack Henry
• Opening of G/L cost center combinations on Jack Henry
• Prepares quarterly Call Report, Holding Company Reports (FRY 9-C, FRY 9-LP and FRY-8)
• Prepares the annual Summary of Deposit Report
• Performs additional related duties as requested, including special projects

Qualifications:

• Bachelor's Degree in Finance or related field or equivalent work experience
• One to three years of prior banking experience, including experience with SEC and Regulatory reporting, tax reporting and GL maintenance.
• Strong analytical skills.
• Must be an organized, accurate, reliable and detail minded individual.
• Must have good oral and written communications skills, including the ability to deal effectively and tactfully with all levels of the organization.
• Proficiency in Excel is required.

Benefits Overview:

We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, a hybrid work environment (for most roles), education reimbursement, wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.

The approximate pay range for this position is $70,537.00 to $100,000.00, plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.

Note: Incentives and/or benefits packages may vary depending on the position.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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