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Accounting Team Leader - Wellesley, United States - Needham Bank
Description
Accounting Team LeaderJob Tracking
ID :
Job Location :
Job Level :
Mid Career
Level of Education :
BA/BS
Job Type :
Full-Time/Regular
Date Updated :
04/30/2024
Years of Experience :
Starting Date :
Invalid Date
Salary :
$0
Job Description
Leads a team by supervising the daily operations of Accounting administration to include review and completion of general accounting transactions ensuring the timely and accurate completion of various daily accounting activities.
Coordinate and manage the work of the Senior Accounting Associate and Accounting Associate. Perform accounting activities such as general ledger transactions, including certain daily work and more complex reconciliations as assigned.
Responsibilities include reviewing and approving reconciliations prepared by staff, managing the daily cash position for the Bank, reconciling and researching more complex accounts and handling any issues that may arise, act as a liaison between Accounting department and other areas to ensure questions are answered and handled properly and in a timely manner, as well as other routine accounting duties assigned by the Controller or CFO.
Lead the team responsible for the daily operations of Accounting administration to ensure opening of the day, and timely close of the day once all appropriate accounts are reconciled
Monitor and analyze accounting data and produce financial reports or statements as needed
Review general ledger accounts and prepare journal entries as appropriate
Oversee the Accounts Payable function and review invoices and ACH file prior to payments being made to ensure accuracy
Review investment transactions made on the investment system by Accounting Staff to ensure proper reviewer sign off and complete and accurate postings onto the GL and investment module
Establish and maintain cross training plans for Accounting Associates to increase level of knowledge on all critical accounting activities that need to be completed in cases of absence
Participate in assigned projects for the Bank as an Accounting liaison to ensure all accounting-related transactions or processes are set up properly, timely and accurately
Complete any additional daily/monthly/annual reconciliations as assigned
Initiate/verify wire transfers for bank wires when necessary
Assist in gathering information for outside public accountants, internal audit firm, regulatory examiners, and any other 3 rd
party requesting
financial information as needed
Prepare and complete regulatory reporting as assigned by the Controller, such as the FR2900 report, in a timely fashion
Perform additional duties as requested, needed or assigned
Experience and Skills
JOB REQUIREMENTS
Effective communication skills
Must have a strong knowledge in the use of computer-based spreadsheets and related software.
Highly motivated and able to multitask
Demonstrate and promote high ethical standards and behaviors
Strong customer service and problem-solving skills
Maintain a professional manner at all times
Be an active TEAM player and collaborative
Adapt and help others manage change
Identify and resolve problems in a timely manner
Work well in group problem solving situations
Strive to continuously build knowledge and skills
Use time efficiently
Follow instructions, respond to management direction
Take responsibility for own actions
Ability to adhere to Needham Bank's Core Values ( Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)
EDUCATION & EXPERIENCE
Bachelor's degree in Accounting, Finance or Business or equivalent work experience is required.
Minimum 5 years' experience in banking or banking-related field
Supervisory experience preferred
Knowledge of basic accounting principles and techniques
Must have computer skills and working proficiency with Microsoft Office
Knowledge of COCC, Fiserv, BankTel systems modules a plus
WORKING CONDITIONS/PHYSICAL DEMANDS
Normal business office environment
Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off
(PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program.
We offer a great benefit package to our eligible part-time employees as well.
At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply.
Needham Bank is an Equal Opportunity/Affirmative Action Employer.
Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.
