Sr. Accountant

ABOUT US

Coastal is at the forefront of modern banking, combining strong financial infrastructure with cutting-edge Banking-as-a-Service (BaaS) and fintech enablement strategies. We support not only individuals with their personal banking needs; we also empower businesses by integrating modern banking technology that drives growth, flexibility, and innovation.

At Coastal, we think and move like entrepreneurs; focused on impact, speed, and continuous improvement. We believe in working smart, collaborating deeply, and building solutions that unlock real potential. If you're someone who thrives in a fast-moving environment, loves solving complex problems, and wants to help shape the future of banking, we’d love to meet you.

Check out our video here!

OVERVIEW

We are seeking a well-rounded and motivated Accountant III (Senior Accountant) to join our Finance team. As a Senior Accountant, you will play a critical role in ensuring the accuracy, compliance, and integrity of financial transactions. You will handle a variety of key accounting and financial reporting processes, maintain financial data, and ensure internal controls are followed to maintain the integrity of the company’s financial records. Your expertise in GAAP, SEC regulations, and accounting will support Coastal’s financial stability and strategic growth.

RESPONSIBILITIES TO INCLUDE

• Perform complex reconciliations of cash and general ledger accounts.

• Partner with teams across the organization (Bank Operations, Finance, HR, Payroll) to investigate and resolve accounting discrepancies.

• Prepare supporting schedules for internal and external reporting.

• Develop and record accurate general ledger entries, maintaining financial integrity.

• Prepare or review financial schedules for audits, financial reporting, regulatory reporting and management.

• Prepare GL accruals, building worksheets to analyze more complex balance sheet accounts.

• Perform monthly and quarterly variance and yield analysis, verifying transactions are reported in proper accounting periods and ledger classifications.

• Monitor and report on the progress of software development projects, ensuring accurate cost allocation.

• Assist with implementation and maintenance of reporting systems.

• Assist with corporate estimated tax accruals and payments.

• Assist with sales and use tax accruals and accounting.

• Assist with complex accounting including lease liabilities and ROUA, corporate tax supports, expense/revenue allocations, and other duties as needed.

• Utilize Workiva and advanced Microsoft Excel skills to enhance and automate financial processes.

• As needed, represent Accounting on Bank projects at meetings and through project completion.

• Read, interpret, and apply GAAP, SEC, and regulatory guidance to ensure full compliance.

• Maintain and update written accounting plans, desktop procedures, and documentation for assigned functions, and cross-train on other team duties.

• Assist in ensuring department is performing in accordance with internal policies/procedures and regulatory compliance rules and regulations.

QUALIFICATIONS

• Ability to navigate accounting challenges and learn new accounting pronouncements and understand new banking products.

• Exceptional analytical and problem-solving skills with a commitment to accuracy and financial integrity.

• Excellent verbal and written communication skills.

• Ability to meet tight timelines.

• Ability to work independently and as part of a team.

• Ability to manage project assignments through to completion.

EDUCATION/EXPERIENCE

• Bachelor’s Degree in Accounting, Business Administration, Finance, or a related field.

• 3+ years of relevant experience in financial reconciliation, general ledger accounting or regulatory reporting.

• Expertise in digital payments accounting and financial reconciliation highly preferred.

• Strong understanding of GAAP compliance, SEC reporting, and banking regulations.

• Advanced proficiency in Microsoft Excel (formulas, pivot tables).

• Proficiency in financial data analysis tools such as Workiva is a plus.

• Experience in banking, financial services, or fintech preferred.

HOW YOU’LL THRIVE AT COASTAL

• Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development.

• Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference.

• Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust.

• Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box.

• Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for Coastal to work smarter, not harder.

• Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence.

BEING YOU AT COASTAL

Coastal is an equal opportunity employer. We are committed to providing a workplace free from discrimination and harassment. All employment decisions are based on merit, qualifications, and business needs. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other protected status under applicable laws.

BENEFITS WE OFFER

We’re proud to offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance. Our offerings include:

• Medical Coverage: Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle.

• Health Savings Account (HSA): Available with eligible medical plans, offering tax advantages and employer contributions.

• Flexible Spending Accounts (FSA): Options for healthcare and dependent care expenses to help you save on out-of-pocket costs.

• Dental and Vision Insurance: Plans to keep you and your family smiling and seeing clearly.

• Life Insurance: Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.

• Long-Term /Short-Term Disability (LTD): Income protection in the event of a long-term illness or injury.

• Supplemental Benefits: Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most.

• 401(k) Retirement Plan: A competitive retirement savings plan with company matching to help you plan for the future.

• Paid Time Off: Generous vacation and sick leave policies to support your time away from work.

• Holidays: Enjoy 11 paid holidays throughout the year.

Check out our benefits on our careers site!!

PHYSICAL DEMANDS

The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee must be able to:

• Sit for extended periods of time.

• Stand for extended periods of time.

• Perform repetitive finger, hand, and arm movement.

• Use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc.

• View and read computer screens for extended periods.

• Occasionally stoop, kneel, crouch, or crawl.

• Occasionally lift or move up to 10 pounds.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.