Accounting Team Leader - Needham Heights, United States - Needham Bank

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Accounting Team LeaderJob Tracking


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Job Level : Mid CareerLevel of Education : BA/BSJob Type : Full-Time/RegularDate Updated : 04/12/2024Years of Experience : - 7 YearsStarting Date : Invalid DateSalary : $0Job DescriptionLeads 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.ESSENTIAL DUTIES & RESPONSIBILITIESLead 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 reconciledMonitor and analyze accounting data and produce financial reports or statements as neededReview general ledger accounts and prepare journal entries as appropriateOversee the Accounts Payable function and review invoices and ACH file prior to payments being made to ensure accuracyReview 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 moduleEstablish 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 absenceParticipate in assigned projects for the Bank as an Accounting liaison to ensure all accounting-related transactions or processes are set up properly, timely and accuratelyComplete any additional daily/monthly/annual reconciliations as assignedInitiate/verify wire transfers for bank wires when necessaryAssist in gathering information for outside public accountants, internal audit firm, regulatory examiners, and any other 3 rd party requesting financial information as neededPrepare and complete regulatory reporting as assigned by the Controller, such as the FR2900 report, in a timely fashionPerform additional duties as requested, needed or assignedExperience and SkillsJOB REQUIREMENTSEffective communication skillsMust have a strong knowledge in the use of computer-based spreadsheets and related software.

Highly motivated and able to multitaskDemonstrate and promote high ethical standards and behaviorsStrong customer service and problem-solving skillsMaintain a professional manner at all timesBe an active TEAM player and collaborativeAdapt and help others manage changeIdentify and resolve problems in a timely mannerWork well in group problem solving situationsStrive to continuously build knowledge and skillsUse time efficientlyFollow instructions, respond to management directionTake responsibility for own actionsAbility 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 & EXPERIENCEBachelor's degree in Accounting, Finance or Business or equivalent work experience is required.

Minimum 5 years' experience in banking or banking-related fieldSupervisory experience preferredKnowledge of basic accounting principles and techniquesMust have computer skills and working proficiency with Microsoft OfficeKnowledge of COCC, Fiserv, BankTel systems modules a plusWORKING CONDITIONS/PHYSICAL DEMANDSNormal business office environmentNeedham 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.

You may be just the right candidate for this or other roles.
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.

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