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Description

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN®

THE OPPORTUNITY

The VP Assistant Controller will be critical in overseeing the bank's general accounting team, ensuring financial accuracy, compliance, and process efficiency. This position involves daily management, process optimization, and talent development, necessitating a strategic thinker with excellent communication and organizational skills. This role is part of a leadership team focused on continuous improvement and efficiency that requires strong collaboration with Accounting leadership, FP&A, Treasury, Corporate Real Estate, and Enterprise Project Management. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

HOW YOU’LL MAKE A DIFFERENCE

+ Lead day-to-day operations of the general accounting team, including Accounts Payable, T&E reporting, Employee corporate credit card monitoring and compliance, Facilities and premises accounting, Accrual management, Intercompany and other general accounting matters.

+ Oversee the monthly, quarterly, and annual close and consolidation processes, including coordinating with accounting leaders, leading close meetings and analysis, and presenting results to Accounting, Finance, and Treasury leadership.

+ Oversee and enhance company capitalized project accounting and reporting, ensuring GAAP compliance and collaboration with Enterprise Project Management and FP&A business partners.

+ Identify and implement process improvements to enhance efficiency and accuracy in accounting processes.

+ Partner cross-functionally with Treasury, FP&A, Enterprise Risk, Corporate Real Estate and Business Operations to support business knowledge transfer, strategic initiatives and improve financial processes.

+ Support strategic projects, including system implementations, acquisitions, and policy development.

+ Supervise and develop a high-performing accounting team; mentor and coach direct reports for succession and growth.

+ Ensure adherence to GAAP, regulatory requirements, and internal policies.

+ Partnering with SOX department, maintain internal controls to safeguard processes and ensure accurate financial reporting.

+ Manage internal, external and regulatory audit engagements as primary liaison, ensuring timely delivery of accurate information for audit processes.

+ Perform additional general accounting responsibilities and functions as required to meet department goals and management reporting needs.

+ Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.

+ Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.

+ Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.

+ Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

+ Performs other duties and projects as assigned.

WHAT YOU’LL BRING

+ 7- 10 years of experience in accounting or finance, preferably with at least 3 years in a manager or supervisor role in Banking or Financial Services.

+ Bachelor’s Degree and/or relevant work experience or training

+ Work-related experience should consist of an in-depth background in accounting. Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be applicable to the accounting discipline.

+ CPA Required

+ Excellent communication and interpersonal skills.

+ Proficient knowledge of GAAP and financial regulations.

+ Proven history in driving technology and process improvements, resulting in increased efficiency and streamlined operations.

+ Analytical mindset with a proactive approach to problem-solving and continuous improvement.

+ Proficiency in accounting software Oracle Fusion ERP and BlackLine a plus.

+ Knowledgeable in analytical tools such as Power BI, Power Query, Alteryx a plus.

HOW WE’LL SUPPORT YOU

+ **Financial Security:** You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.

+ **Health & Well-Being:** We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).

+ **Building & Supporting Your Family:** Banc of California partners with providers that offeradoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.

+ **Paid Time Away:** Eligible team members receive paid vacation days, holidays, and volunteer time off.

+ **Career Growth Opportunities:** To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

SALARY RANGE

The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

Equal Opportunity Employer

PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion/creed, color, national origin, age, marital status, ancestry, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity/expression, sexual orientation, veteran status, physical or mental disability, medical condition, military status, genetic information, or any other characteristic protected by federal, state or local laws.