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PNC · 4 days ago

Accounting Associate - Capital Markets

Pittsburgh, PA

Full-time

Onsite

Entry Level

2+ years exp

PNC is a leading financial services company that values its employees as the greatest differentiator in the markets they serve. The Accounting Associate - Capital Markets will support the Broker-Dealer Accounting and FINOP team by assisting with cash and balance sheet reconciliations, preparing financial reports, and contributing to process improvements.

BankingFinanceFinancial Services

No H1B

Responsibilities

Assist with daily high-volume cash and balance sheet reconciliations (e.g, receivables, payables, and security fails), including exception review and resolution

Perform daily activities such as preparing journal entries, Net Capital computations, and treasury management review

Participate in month, quarter, and year-end close processes, including variance analysis, preparation of financial and regulatory reports, and required FINRA filings (e.g. FOCUS reports and 15c3-3 reserve formula computations)

Support internal and external audits, regulatory examinations, and ad-hoc research around accounting, regulatory, and system matters

Contribute to process improvements and control enhancements related to financial, operational, and regulatory reporting

Supports the organization's accounting activities, including financial record keeping and reporting

Prepares, analyzes, and maintains records of organization's financial activity in accordance with GAAP, organizational standards, and in compliance with Section 404 of the Sarbanes-Oxley Act

Creates and evaluates reports on financial performance for internal and external use. Interacts with all levels of an organization in determining content and summarizing data for management

Completes month-end, quarter-end, and year-end closing activities including the preparation and review of journal entries and appropriate audit work papers, and the reconciliation of accounts for such activities. These activities may relate to bank accounting, loans and investments, deposits, and tax, including preparing the appropriate audit work papers for such activities

Supports and assists junior accounting staff in the development of their professional skills

Qualification

Financial ReportingGenerally Accepted Accounting Principles (GAAP)Financial AnalysisBalance SheetsTax AnalysisAccuracyManagement ReportingInternal ControlsEffective CommunicationsAttention to Detail