Accounting Analyst (Level Based on Experience)

Bangor Savings Bank

Bangor (ME)

On-site

USD 34,000 - 59,000

Full time

6 days ago
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Benefits offered by this job

Tuition reimbursement
Management training

Job summary

Bangor Savings Bank is seeking an Accounting Analyst to provide comprehensive accounting and analytical support within the Accounting Department. You will independently prepare, analyze, and report on the Bank and its products, ensuring GAAP compliance and process improvements.

The role emphasizes analytical rigor, accuracy, and collaboration with cross‑functional teams. A Bachelor’s degree in accounting and strong spreadsheet skills are preferred, with potential for supervisory growth.

Qualifications

  • Bachelor’s degree in accounting or related field preferred.
  • Month-end close experience preferred.
  • Strong analytical, organizational, verbal, and written communication skills required.

Responsibilities

  • Contribute to preparation and coordination of financial reports (budgeting/forecasting, regulatory reporting, month/quarter/year-end closing).
  • Support profitability analysis and accounting for assets/investments.
  • Prepare complex reports and filings; assist with audits and regulatory compliance.
  • Train and mentor associates; streamline processes and improve accuracy.

Skills

Analytical thinking
Spreadsheet proficiency
Organization
Written and verbal communication
Self-motivated

Education

Bachelor’s degree in accounting or related area
High School Diploma or equivalent

Tools

Excel
Database management
Accounting software

Job description

Pay Range: $25.09 - $43.15 (Hourly) - Function: Provide comprehensive accounting and analytical support to the overall function of the Accounting Department by independently preparing, analyzing, reviewing and reporting on the Bank, its products and services, and peers. Performs a wide range of highly complex accounting and analytical functions and assures day-to-day operations are carried out in accordance with established accounting principles, policies and objectives. Is a self-starter and continually seeks and implements efficiencies in processes and provides recommendations for enhancements. Has potential for future supervisory and team building opportunities. Collaborates with employees at all levels of the organization to achieve the objectives set by internal and external customers. Level 1: Primary focus is on developing skills and acquiring knowledge related to the role. Quality of work is vital to success and development to higher levels. Level 2: Level 1 expectations of continued development of skills, acquisition of knowledge, and quality of work remain with additional focus on increasing production of work-product. Three plus years of accounting or financial analysis experience preferred. Level 3: Level 1 and 2 expectations of quality, production, and continued development/knowledge growth remain with added responsibilities that may include training less-experienced associates, assisting with complex issues/projects, reviewing processes and procedures for improvement opportunities. Six plus years of accounting or financial analysis preferred.

Accountabilities:
  • With assistance from and under the supervision of the Accounting Department leadership, will contribute to the preparation, review and coordination of financial reports to include one or more of the following: Budgeting/forecasting of the Bank financial statements, Regulatory reporting, Month-end, quarter-end, and year-end closing and reporting of financial results, Business line and profitability analysis/reporting, Accounting for Bank fixed assets, Accounting for Bank investments
  • Aids and prepares specialized or highly complex reports, analyses and interpretations in support of various accounting and reporting functions for management and outside agencies, utilizing advanced knowledge and proficiency in accounting practices and principles
  • Ability to learn and prepare compliance and regulatory oriented filings with FDIC, Federal Reserve Bank, etc.
  • Prepares and distributes various periodic and ad hoc reports as needed and may serve as a reviewer of similar work prepared by others within the department
  • Creates and maintains procedures affecting assigned functions
  • Solves problems and seeks solutions that streamline processes and enhance accuracy and quality of work; employs technology in daily work to enhance and maximize productivity
  • Contributes to the preparation of materials for internal and external audit requests
  • Serves as a resource for auditor questions
  • Builds relationships and provides ongoing accounting support for colleagues outside the Accounting Department and strives for the highest level of customer service
  • Ensures compliance with internal accounting policies, Generally Accepted Accounting Principles (GAAP), and state and federal regulations
  • Stays up to date on industry trends and regulatory changes, utilizes appropriate professional, GAAP, tax and related literature; and communicates and educates the team and Bank colleagues accordingly
  • Conducts training as needed on system software, and provides learning opportunities and training for department on topics of expertise
  • Performs reconciliation of selected general ledger accounts, researches and resolves routine/complex exceptions
  • Performs month-end close process and reporting within established timeframe
  • Handles multiple projects simultaneously, prioritizing accordingly to manage department/individual needs
  • Offers interpretation, explanation and guidance of/for the most complex Bank reports and activities
  • Interacts harmoniously and effectively with others, focusing upon the attainment of Bank goals and objectives through a commitment to teamwork
  • Performs other duties as needed to support the Accounting team and the Bank
  • Maintains/updates various Accounting Department systems
  • Serves as a mentor within the Accounting Department by supporting the team and leading by example
  • Performs review of work prepared by others within the department and the Bank as assigned by supervisor
Knowledge/Skills/Experience Requirements:
  • Bachelor’s degree in accounting or related area (business, accounting or finance) preferred
  • Hight School Diploma or equivalent required
  • Month-end close process experience preferred
  • Strong analytical, organizational, verbal, and written communication skills required
  • High degree of emotional intelligence and professional maturity
  • High proficiency with spreadsheets and database management
  • Solid computer skills with ability to quickly learn multiple software applications
  • Working knowledge of accounting principles
  • Strong knowledge of accounting and regulatory principles
  • Self-motivated and results-oriented with ability to work effectively with limited supervision in a multi-task environment
Physical Demands/Conditions Requirements:

General office environment Moderate lifting (to 35 lbs) required Moderate reaching, walking, sitting and standing required

Equipment Used:

General Office Equipment

External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on an individual basis. At Bangor Savings, we understand the importance of continuing to nurture an internal culture of excellence for each of our employees. We offer internal and external training to assist our employees in realizing their career aspirations including internships, lateral training, management training, and tuition reimbursement. We also offer a unique set of benefits designed to support our employees in living their best life and achieving their goals. Our holistic health and wellness programs allows each employee to customize their approach to well-being. And our pay, rewards, recognition, and incentive programs ensure that they are well-compensated for a job well-done. At Bangor Savings Bank, the work our employees do each and every day allows us to deliver on our promise to make a difference in the lives of people in New England in a way that really matters.

Bangor Savings Bank provides equal employment opportunities to all applicants and employees without regard to race, color, religion, gender, sexual orientation, age, national origin or any other class protected under state or federal law and affirmatively seeks to advance the principals of equal employment opportunity. In addition, the Bank is committed to providing equal employment opportunities to qualified persons with disability, veterans, and/or disabled veterans. No question on this application is intended to secure information to be used for such discrimination, this application will be given every consideration, but its receipt does not imply that the applicant will be employed. This application will remain active for a period of 90 days. If, after such time, you still wish to be considered for employment, you must reapply.

Bangor Savings Bank does provide workers compensation coverage for employees injured on the job. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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