Sign In
 [New User? Sign Up]
Mobile Version

Financial Operations Manager

Bank of Hawaii

Oahu, HI
Job Code:
Bank of Hawaii
  • Save Ad
  • Email Friend
  • Print
  • Research Salary

Job Details

Financial Operations Manager-1700320

Bank of Hawaii

In 1897, Bank of Hawaii was the first chartered and incorporated bank in the Republic of Hawaii. We’ve been here from territorial days, growing and changing with Hawaii. Today, we are the largest independent bank in Hawaii – a result of knowing our business and community, and always staying ahead of change.  We are constantly finding creative ways to deliver leading edge financial services to our customers.  Now, we’re embracing change with our new 21st century banking.


It’s our people who help us succeed in offering first class service and products to our customers.  As a member of the Bank of Hawaii community, you will be among the very best in your profession in an environment that places a high value on integrity, innovation and teamwork.  People who are agile, savvy, forward-thinking and entrepreneurial can learn and grow with us.


Does this sound like you?

Are you ambitious?  Want to make a difference in people’s lives?  Do you thrive in an environment that leverages your abilities as a fast learner, good listener, and problem-solver?   If you love challenges, relish complexity, and have moxie, consider applying your unique talents with a Hawaii banking leader – Bank of Hawaii.  Here you can be at the forefront of whatever you do. Welcome to your tomorrow!


A day in your life as a Financial Operations Manager:

Under the direct supervision of the Manager, this position is responsible for the supervision of all aspects of lease and merchant services operations accounting activities, financial and tax reporting requirements.  Responsibilities apply to but are not limited to Bank of Hawaii Leasing division, Bank of Hawaii Leasing Inc., Merchant Services and subsidiaries and entities that fall under the reporting responsibilities of the Financial Operations group.  If applicable or appropriate, assists in business unit’s compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act. In addition, this position is responsible for conducting sales and relationship management activities utilizing Excellence in Sales/Service (ESS) disciplines and behaviors.


We’ll give you these important responsibilities…

  • Reviews and approves daily and monthly journal entries for leasing and merchant services transactions.  Approves purchases of equipment for lease and payments to vendors.  Prepares reports for business unit managers.
  • Responsible for the management of vendors for lease accounting software platforms and working with merchant services vendors.  Tests systems after upgrades to verify accuracy.  Also responsible for maintaining  accounting system files, including but not limited to, terminations and changes to lease contracts and associated assets.  Reviews lease documents on terminations and computes casualty losses.
  • Prepares monthly calculations of provision for income taxes and changes to deferred income taxes for leveraged leases, equipment leases, automobile leases and the Bank of Hawaii Leasing Inc. subsidiary.  Prepares work papers to support the calculation of taxable income, including depreciation calculations, and apportionment of the Bank of Hawaii leasing division and Bank of Hawaii Leasing, Inc. to be reported on Bank of Hawaii Corporation’s federal and state income tax returns.
  • Monitors and updates internal controls, provides reports and schedules to internal and external auditors, and establishes and monitors accounting procedures and policies. Stays abreast of tax law changes, and accounting pronouncements.
  • Responsible for the management of all employees in the team including staffing and scheduling, compensation, performance management, training and development.   Goal is to attract, retain and motivate the team to achieve management business objectives and maintain a favorable employee relations climate.  Responsible for the timely and effective management of Human Resources forms and documents relevant to immediate staff. Assists in coordinating work flow, procedures, and training for documentation, and accounting.
  • Prepares projections for potential lease transactions for senior management.
  • Analyzes budget to actual differences in monthly book income lease balance sheet accounts and prepares explanations of differences.




…if you come to us with these qualifications…



  • Bachelor’s degree in accounting or other business major or equivalent experience.



  • Minimum 7 - 10 years of experience in increasing responsible positions in accounting, finance or with accounting and finance responsibilities. 
  • Positions with responsibility for leasing and/or merchant services and in banking industry preferred.
  • Minimum 3 – 5 years of lead/supervisory/management experience. 
  • Requires detailed understanding of accounting principles, income tax laws and regulations, auditing principles, present value analysis, complex lease structures, leverage lease accounting standards, general accounting practices and industry best practices.


Technical Skills:

  • Demonstrated proficiency and expertise with personal computers in a networked environment and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software. 
  • Knowledge of or ability to use Bank software and systems. 
  • Requires advanced spreadsheet skills.


Other Job Qualifications:

  • Must have excellent verbal and written communication skills, as well as presentation skills. 
  • Able to express complex ideas in concise and simple terms. 
  • Must have strong analytical, quantitative and problem solving skills. 
  • Able to develop effective solutions that consider efficiency, internal controls, and impact to financial results.
  • Able to work effectively with department staff, as well as those outside immediate area. 
  • Must be organized, able to meet deadlines and handle multiple priorities, while managing group. 
  • Able to work flexible hours including holidays, weekends and evenings, as needed. 


All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of any legally protected classification including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status.  Bank of Hawaii takes affirmative action in support of its policy to advance in employment legally recognized individuals including minorities, women, protected veterans and individuals with disabilities.



Job Function Accounting/Finance
Primary Location Hawaii-Oahu
Schedule Full-time
Job Posting Apr 24, 2017, 2:10:26 PM
Unposting Date Ongoing

Featured Jobs [ View All ]