Cape Ann Savings Bank Hiring for Staff Accountant Job at Rockport, MA Full Time

We are looking for a qualified candidate to work with the Vice President/Controller. This individual would be responsible for performing a variety of accounting functions including preparing journal entries for banking and investment transactions, setting up fixed assets, prepaids, and accruals, completing reconciliations and GL account analysis. They would also be responsible for processing and coding of accounts payable transactions and assisting with preparation of the bank’s accounting reports.

Uploading the daily posting of core system activity to the general ledger system (Oracle) and distribute the Statement of Condition to Management.

Reconciling Federal Reserve Bank account, correspondent bank accounts, and the Bank’s official check accounts daily. Investigating any discrepancies and follow up with appropriate departments for adjustments and resolution.

Preparing the daily journal entries and posting to general ledger.

Preparing investment entries related to monthly accruals, principal and interest payments, bond purchases, calls and maturities and prepare the roll forward of investment activity and the reconciling investment balances and accrued interest receivable.

Processing accounts payable, ensuring invoices are appropriately coded and routed for approvals; Produce and mail AP checks as scheduled.

Establishing fixed assets, accruals, and prepaid expenses with and sets up new items in sub-systems

Assisting in the management of the daily cash position; recommending and maintaining appropriate cash balances at correspondent banks; investing overnight federal funds.

Assisting with regulatory reporting, including FR2900/Reg D report, FDIC Call Report schedules and FHLB QCR report.

Preparing other daily, weekly, and monthly department account reconciliations and analysis and following up on outstanding items.

Completing analysis of expense accounts used to support monthly expense accruals.

Maintaining annual schedules to support the production of audited financial statements and tax returns.

Assisting with the annual budget process and with the preparation of audit materials for internal and external auditors.

Providing backup to Accounting staff and Vice President-Controller and assist with special projects, system upgrades and other duties as assigned.

Requirements:

· Bachelor’s Degree in accounting or finance and two years of accounting and/or related experience.

· Solid knowledge of accounting principles

· Strong problem-solving skills

· Excellent computer skills especially excel spread sheet analysis.

· Strong attention to details.

· Good interpersonal communication skills.

· Prior experience with database report writing.

Job Type: Full-time

Pay: $40,014.58 – $75,636.70 per year

Benefits:

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Tuition reimbursement
• Vision insurance

Schedule:

• Monday to Friday

Education:

• Bachelor’s (Preferred)

Experience:

• Accounting: 2 years (Preferred)

Work Location: One location