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Staff Accountant at East Cambridge Savings Bank

Posted in Other 30+ days ago.

Type: Full-Time
Location: Cambridge, Massachusetts





Job Description:


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:

Email: recruit@ecsb.com 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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