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Bank Accounting Jobs in Virginia (NOW HIRING)

Capital One

Senior Associate, Accounting

Mclean, VA

Serve as a subject matter expert who owns a portion of the Bank Modernization project, from planning through delivery and stabilization, as it impacts Retail Bank Accounting * Lead and assist in the ...

Capital One

Senior Associate, Accounting

Richmond, VA · On-site

Serve as a subject matter expert who owns a portion of the Bank Modernization project, from planning through delivery and stabilization, as it impacts Retail Bank Accounting * Lead and assist in the ...

FVCBANK

Assistant Controller

Fairfax, VA · On-site

$135K - $165K/yr

Accounting Reports to: Controller Job Summary The Assistant Controller assists the Controller in directing the Bank's accounting functions. The Assistant Controller manages the accounting operations ...

Thalhimer

Accounting Manager

Glen Allen, VA · On-site

Extensive accounting experience including financial statement reporting, bank reconciliations, and journal entries. GAAP reporting experience, advanced Excel, and real estate experience are required.

Thalhimer

Accounting Manager

Glen Allen, VA

Extensive accounting experience including financial statement reporting, bank reconciliations, and journal entries. GAAP reporting experience, advanced Excel, and real estate experience are required.

Thalhimer

Accounting Manager

Glen Allen, VA · On-site

$90K - $135K/yr

Extensive accounting experience including financial statement reporting, bank reconciliations, and journal entries. GAAP reporting experience, advanced Excel, and real estate experience are required.

Accounting Firm

Be Seen First

Staff Accountant

Waynesboro, VA · On-site

$40K/yr

This position is ideal for someone with strong accounting knowledge, excellent organizational ... Reconcile bank and credit card accounts. * Prepare journal entries and assist with month-end and ...

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Bank Accounting information

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How much do bank accounting jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for bank accounting in Virginia is $21.89, according to ZipRecruiter salary data. Most workers in this role earn between $18.61 and $24.33 per hour, depending on experience, location, and employer.

What is bank accounting?

Bank accounting refers to the specialized field of accounting that focuses on recording, analyzing, and reporting the financial transactions and activities of banks and other financial institutions. It involves managing accounts related to deposits, loans, investments, and regulatory compliance. Bank accountants ensure that all financial records are accurate, adhere to legal standards, and help banks make informed financial decisions. Their work is crucial for maintaining financial stability and transparency within the banking sector.

What are the key skills and qualifications needed to thrive as a bank accountant?

To thrive as a Bank Accountant, you need a solid background in accounting principles, financial analysis, and regulatory compliance, typically with a degree in accounting or finance. Familiarity with banking software, general ledger systems, and certifications like CPA or ACCA is often required. Attention to detail, analytical thinking, and strong organizational skills help you manage complex financial records and reporting deadlines. These competencies are crucial to ensure accuracy, maintain regulatory compliance, and support the financial stability of the bank.

What are some common challenges faced by professionals in bank accounting roles, and how can they be addressed?

Bank accounting professionals often encounter challenges such as keeping up with frequent regulatory changes, ensuring the accuracy of complex financial transactions, and meeting tight reporting deadlines. To address these challenges, it's important to stay updated with current banking regulations, invest in ongoing training, and leverage accounting software to streamline processes. Collaboration with compliance teams and regular communication with other departments can also help ensure accuracy and efficiency in daily operations.

What is the difference between Bank Accounting vs Bookkeeping in the banking industry?

AspectBank AccountingBookkeeping
CredentialsAccounting degree, CPA often preferredBasic accounting knowledge, no certification required
Work EnvironmentFinancial institutions, corporate finance departmentsVarious industries, small businesses, offices
Job FocusFinancial reporting, compliance, audit preparationRecording daily transactions, maintaining ledgers
Tools UsedAccounting software, ERP systemsBasic accounting software, spreadsheets

Bank Accounting involves managing financial records, ensuring compliance, and preparing reports within banking institutions, often requiring specialized accounting credentials. Bookkeeping focuses on recording daily financial transactions and maintaining accurate ledgers, typically with less formal certification. While both roles handle financial data, Bank Accounting has a broader scope related to financial reporting and regulatory compliance, whereas Bookkeeping is more about transaction recording. Understanding these differences helps job seekers identify the right career path in the financial industry.

What are popular job titles related to Bank Accounting jobs in Virginia?

For Bank Accounting jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Bank Accounting jobs in Virginia look for?

The top searched job categories for Bank Accounting jobs in Virginia are:

What cities in Virginia are hiring for Bank Accounting jobs?

Cities in Virginia with the most Bank Accounting job openings:

Bank Accounting jobs near you
Infographic showing various Bank Accounting job openings in Virginia as of August 2026, with employment types broken down into 79% Full Time, 16% Part Time, 1% Temporary, and 4% Contract. Highlights an 86% Physical, 7% Hybrid, and 7% Remote job distribution, with an average salary of $45,534 per year, or $21.9 per hour.

Controller

Alexandria, VA • On-site

Burke & Herbert Bank & Trust
Commercial Banking • 201 - 500 employees

6.4

Company rating: 6.4 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

149th of 173 rated banks

Recommended by parents

Respectful managers

Learn more about Burke & Herbert Bank & Trustexternal

Full-time

Posted 5 days ago

Job description

CLASSIFICATION
 Exempt


REPORTS TO

Chief Accounting Officer


JOB DESCRIPTION

Summary/Objective

The Controller leads the Bank’s accounting operations, financial close process, general ledger administration, reconciliation program, and core accounting control environment. Reporting to the Chief Accounting Officer, this role ensures the accuracy, completeness, and integrity of the Bank’s financial records while overseeing accounting operations across accounts payable, accruals, fixed assets, prepaid expenses, reconciliations, cash accounting, intercompany accounting, and general ledger governance.

The Controller is accountable for timely close execution, management reporting, variance analysis, Net Interest Margin (NIM) reporting, and key accounting schedules for executive management and Board reporting. The role partners with Operations, Treasury, Technology, Retail Banking, and other business units to ensure products, systems, and processes are accurately reflected in the accounting records and supported by effective internal controls.


Essential Functions
 Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Accounting Operations Leadership

  • Lead accounting operations, including supervision, staffing, performance expectations, and development of accounting personnel
  • Maintain departmental policies, procedures, operating standards, and staffing plans to support growth and organizational complexity

Accounting Policy, Financial Stewardship & Strategic Advisory

  • Serve as a key advisor to the Chief Accounting Officer and Chief Financial Officer on accounting, financial reporting, operational efficiency, and strategic finance initiatives impacting the Bank and holding company.
  • Partner with executive leadership to identify, evaluate, and implement process improvement opportunities that enhance scalability, control effectiveness, reporting efficiency, and overall finance organization performance.
  • Lead the development, maintenance, review, and continuous enhancement of accounting policies, procedures, and governance frameworks to ensure consistency, accuracy, and compliance with U.S. GAAP, regulatory guidance, and internal control requirements.
  • Monitor emerging accounting standards, regulatory developments, industry practices, and business changes; assess impacts to the Bank and recommend appropriate accounting policies, operational changes, and implementation strategies.
  • Review trends in revenue, expenses, profitability, and key financial metrics; identify unusual fluctuations, emerging risks, and opportunities for operational and financial improvement.
  • Foster a culture of accountability, transparency, sound judgment, and continuous improvement throughout the accounting and finance organization.

Financial Close & General Ledger Administration

  • Lead monthly, quarterly, and annual close activities and ensure timely completion of reporting requirements
  • Maintain general ledger integrity, including chart of accounts administration, account maintenance, journal entries, adjustments, and accounting transactions
  • Identify and implement accounting process improvements and close optimization initiatives

General Ledger Governance & Controls

  • Maintain general ledger governance over account creation, maintenance, posting activities, approval workflows, and accounting system controls
  • Oversee user access, segregation of duties, security controls, and coordination with Technology and Information Security

Reconciliations & Balance Sheet Integrity

  • Oversee the account reconciliation program and ensure balance sheet accounts are reconciled accurately, completely, and timely
  • Review aging, unresolved reconciling items, and material exceptions; establish standards and ensure timely resolution and escalation

Accounts Payable, Accruals, Fixed Assets & Prepaid Accounting

  • Oversee Accounts Payable, disbursement controls, accruals, fixed assets, capital expenditures, depreciation, amortization, disposals, prepaid expenses, and related schedules
  • Ensure accounting treatment complies with Bank policy and applicable accounting standards

Cash & Intercompany Accounting

  • Oversee accounting for cash position, settlement activity, significant cash movements, intercompany transactions, and related general ledger activity
  • Coordinate with Treasury and other departments to ensure accurate accounting, reconciliation, reporting, and supporting controls

Financial & Management Reporting Support

  • Prepare and review monthly financial statements, management reporting packages, and variance analysis
  • Prepare and maintain Net Interest Margin (NIM) reporting, supporting schedules, and accounting schedules for Board reporting

Banking Operations & Business Partnership

  • Partner with Deposit Operations, Loan Operations, Treasury, Retail Banking, Technology, and other business units on accounting implications of products, services, systems, processes, and strategic initiatives
  • Ensure accurate accounting treatment for operational activities and identify related accounting risks and control considerations

Other Duties

  1. Comply with all Bank policies, procedures, and regulatory requirements, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and related compliance programs.
  2. Support the Bank's commitment to sound risk management and internal controls.
  3. Perform other duties and special projects as assigned.
  4. Work additional hours as necessary to meet reporting deadlines and business requirements.

 

 

Skills/Abilities

  1. Strong knowledge of banking accounting operations, U.S. GAAP, financial institution accounting practices, and regulatory reporting requirements
  2. Extensive experience with general ledger management, reconciliations, accrual accounting, financial close, and financial statement preparation
  3. Strong process management, organizational, analytical, and problem-solving skills with attention to accuracy and deadlines
  4. Proven ability to lead accounting teams, develop staff, manage change, and support organizational growth
  5. Advanced Excel and financial systems proficiency with strong written and verbal communication skills

Supervisory Responsibility

This position has direct responsibility for managing the Bank's accounting team, such as the Assistant Controller and other Accounting Manager roles.

 

Work Environment

This position operates primarily in a professional office environment and routinely uses standard office equipment. The role requires extensive interaction with Finance leadership, Operations leadership, auditors, regulators, and business line managers.

 

Physical Demands

This position requires the ability to perform work in a professional office environment. Reasonable accommodation may be provided to enable individuals with disabilities to perform the essential functions of the position.

 

Travel

Occasional travel may be required for training, regulatory, audit, business, or acquisition-related activities.

 

For Applicants located in Northern Viriginia (VA): The pay range for this position is $175k-$225k Annually. 

The ranges listed for Viriginia and/or Maryland represent the good-faith compensation the Company reasonably expects to pay for the position at the time of posting. Actual compensation will be determined based on factors including, but not limited to, the candidate's skills, qualifications, experience, education, certifications, internal equity, and business needs. This position may also be eligible for additional compensation, such as bonuses or incentive pay, where applicable.


Education and Experience

  1. Bachelor’s degree in Accounting, Finance, or Business Administration; CPA exam passed and/or active CPA license preferred
  2. Minimum 10 years of progressive accounting experience, including at least 5 years managing accounting personnel
  3. Significant experience in bank accounting operations, financial close management, general ledger systems, reconciliations, accounting controls, and financial reporting processes

Please note this job description is not intended to be an exhaustive list of all responsibilities, duties, qualifications, or working conditions associated with this position. Duties and responsibilities may change at any time based on business needs and organizational requirements.

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