Accounting Team Leader

2 weeks ago

Wellesley Hills, United States Needham Bank Full time
Job DescriptionJob 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.

ESSENTIAL DUTIES & RESPONSIBILITIES

  • 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 3rd 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


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. 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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