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Staff Accountant

East Cambridge Savings Bank
locationCambridge, MA, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

PositionTitle: Staff Accountant

Department: Accounting

East Cambridge Savings Bank’s Accounting Division is actively recruiting for a

Staff Accountant.

Function:

Under the general direction of the Assistant Controller perform a variety of duties pertaining to the accounting function.

We are looking for candidates with:

  • Bachelor’s Degree in Accounting or equivalent through specialized course work and training preferred.
  • 1-3 years financial reporting or staff accountant experience
  • Knowledge of a Bank Accounting environment preferred
  • Proficiency in Excel and Word
  • Must have excellent analytical and organizational skills
  • Must be detail oriented
  • Self-directed critical thinker (ability to work independently)
  • Ability to perform a variety of tasks simultaneously while adhering to deadlines
  • Excellent verbal communication skills

Essential Job Functions:

  • Responsible for maintaining the accounts payable, fixed assets, prepaids, and accrued items sub records by:
    • reviewing all invoices for accuracy and proper approval and inputting invoices in the AP system
    • preparing ACH payments and checks for signatures and mailing payments
    • posting to the general ledger and preparing general ledger reconciliations
    • reviewing sub records monthly for accuracy
  • Responsible for maintaining investment sub records by:
    • posting investment transactions to the general ledger
    • proving month end balances to general ledger, investment advisor's records, and the safekeeping agent's records thus ensuring that the Bank's sub records, investment advisor, and safekeeping agent updated properly
    • identifying, researching, and resolving interest collection discrepancies
  • Prove loans, deposits, and various other general accounts by:
    • researching and resolving reconciliation items
    • preparing general ledger reconciliations
  • Assist in the department's daily and monthly closing of the general ledger on an accurate and timely basis by:
    • keeping supervisor informed of work status
    • participating in the department's back up plans by performing duties as assigned by the supervisor
  • Prepare annual Forms 1099-Misc and 1099-NEC reporting to the state and federal taxing authorities.
  • Maintain the financial records of the Charitable Foundation.
  • Assist departments with problem solving in accounting related matters.
  • Assist with the preparation of various Board reports on a regular basis and provide backup for regulatory reporting.
  • Assist in maintaining the records pertaining to the Bank’s subsidiaries.


Supportive Functions:

  • Assist with special projects as assigned.
  • Perform related accounting duties as required.
  • Assist department in fulfilling internal and external audit requests.

Contact our Human Resources Division or visit www.ecsb.com/careers for more details and to apply.

Or submit your resume to:

Fax: 617-252-6877 Phone: 617-354-7700

East Cambridge Savings Bank, Attn: Human Resources

344 Cambridge Street Cambridge, MA 02141

East Cambridge Savings Bank is an Equal Opportunity Employer/Disabled/Veterans

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