SEC Financial Reporting Lead

About Us

West Coast Community Bank is a top-rated community bank focused on serving the banking needs of businesses and individuals along the Central Coast, in Silicon Valley, and throughout the Bay Area. We differentiate ourselves through relationship-based service with a solutions-driven focus, offering direct access to decision-makers combined with modern banking technologies and digital tools. The Bank is a leading SBA lender in Santa Cruz County and Silicon Valley and a top USDA lender in California. Since opening in 2004, we have upheld our commitment to regional well-being by actively participating in and donating to local nonprofit organizations, contributing over 2,000 hours of volunteering annually.

About the Role

This is a fully onsite position based in our San Jose, Santa Cruz, or San Luis Obispo office. Regular in-office presence is required to support collaboration with key stakeholders and business partners. The SEC Financial Reporting Lead is responsible for supporting the Company's external reporting process, including the preparation and filing of Forms 10-K, 10-Q, 8-K, Proxy Statements, Section 16 filings, and other regulatory filings. This role leads equity accounting processes, including stock-based compensation accounting, earnings per share calculations, equity reconciliations, and related disclosures, ensuring compliance with U.S. GAAP, SEC reporting requirements, and Sarbanes-Oxley controls.

Responsibilities

• Assist with the external reporting process by drafting and filing high-quality, complete, and accurate financial statements and related disclosures in SEC filings (Forms 10-K, 10-Q, and 8-K) in compliance with U.S. GAAP and associated regulatory requirements, including XBRL tagging.
• Perform the end-to-end financial statement filing process, including preparing thorough documentation of financial statement disclosures, assisting with GAAP and SEC reporting disclosure checklists, and addressing comments from external auditors, legal counsel, senior management, the disclosure committee, and the audit committee.
• Lead the company’s equity accounting and reconciliation processes, including preparation of month-end and quarter-end stock-based compensation entries in accordance with ASC 718.
• Own the company’s EPS calculation, including diluted share calculations, accounting for stock repurchases, and accounting for share-based compensation.
• Provide support for non-financial SEC filings, including Section 16 and other regulatory filings.
• Own Proxy Statement disclosures concerning financial and compensation-related areas in partnership with corporate counsel.
• Coordinate with the Director of FP&A and Director of Financial Reporting for the preparation and review of earnings release documents and investor materials.
• Assist senior leaders in responding to investor analyst inquiries on financial matters.
• Own Sarbanes-Oxley controls and procedures associated with financial statement disclosures and equity accounting.
• Support month-end accounting close processes through review of journal entries and GL account reconciliations for various areas, including equity accounts.
• Prepare non-GAAP financial measures and related reconciliations, ensuring compliance with regulatory requirements.
• Work closely with external auditors to ensure filing deadlines are met.
• Implement projects and reinforce a strong process improvement culture, driving financial reporting and equity accounting improvements.
• Monitor and communicate relevant information regarding new and emerging accounting standards, and assist in implementing new standards as appropriate.
• Collaborate with and support the Director of Financial Reporting in working with external stakeholders such as corporate counsel on public filings, investor relations, corporate governance matters, and auditors on technical accounting topics and new accounting pronouncements.
• Assist with the provision for income taxes.
• Perform special projects as directed, including participation in the GL integration of Workiva.
• Assume additional responsibilities as needed to support the Bank’s strategic priorities and evolving business needs.

Requirements

• BA/BS in Finance/Accounting required; active CPA license preferred.
• 5+ years of relevant experience.
• Deep understanding and application of U.S. GAAP and SEC reporting requirements.
• Technical accounting expertise in share-based compensation.
• Experience with Workiva, Certent, and Transfer Agents is a plus.
• Experience with income tax provision and related footnote disclosure preparation preferred.
• Demonstrated success in utilizing AI-enabled tools in the financial reporting process preferred.

Skills

• Meticulous attention to detail, balanced with the ability to see the bigger picture and prioritize strategically.
• Excellent written and verbal communication skills, with the ability to communicate effectively across all functions and levels of the organization.
• Strong analytical and problem-resolution skills, including the ability to research and simplify complex situations.
• Passion for continuous improvement of systems and processes.
• Strong project management skills, with the ability to balance several priorities in a fast-paced environment and drive cross-functional initiatives.
• Patience, persistence, and creative problem-solving abilities, especially for new problems.
• Strong problem-solving and analytical skills, and proficiency in financial software and tools, particularly Microsoft Excel, Workiva, and GAAP research tools such as Intelligize and CCH Research.

Benefits

• Medical, dental, and vision plans
• Vacation, sick leave, and paid holidays
• Paid volunteer time
• Employer-paid life insurance
• 401(k) with employer matching
• Ongoing training, professional development, and career advancement opportunities

Pay

$135,000–$150,000/year

Physical Demands

The physical demands described here are representative of those that must be met by a teammate to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Regularly required to stand, sit, talk, hear, reach, stoop, kneel, and use hands and fingers to operate typical office equipment such as a computer, telephone, mouse, and keyboard.
• Specific vision abilities required include close vision for computer work.
• Light to moderate lifting may be required.
• Regular, predictable attendance is required, including occasional overtime as business demands dictate.

Work Environment

The work environment characteristics described here are representative of those a teammate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Moderate noise (e.g., business office with computers, phones, and printers, moderate traffic).
• Ability to work in a confined area.
• Ability to sit or stand at a computer terminal for an extended period.