Accounting Associate

Manasquanbank; Manasquan (NJ); On-site; USD 50,000 - 60,000; Full time

Benefits offered by this job

11 paid holidays

Recognition platform with Amazon

CREW Cares volunteering

Professional development opportunities

Monthly engagement events

Job summary

Manasquanbank is hiring an Accounting Associate to support its accounting and finance functions. The role includes reconciliations, journal entries, accounts payable processing, cash management activities, and financial reporting support.

The on-site position in Manasquan, NJ offers a salary range of $50,000 to $60,000 annually, with merit increases and bonus opportunities. A Bachelor’s degree in accounting or a related field is preferred, with 0–2 years of relevant experience.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field preferred.
• 0–2 years of relevant accounting experience.
• Strong understanding of accounting principles.
• Experience in banking, treasury, or audit is preferred.

Responsibilities

• Perform daily reconciliation of checks issued and checks deposited; identify and resolve outstanding items.
• Prepare daily and monthly journal entries.
• Prepare and review reconciliations of bank and general ledger accounts; resolve reconciling items.
• Process accounts payable transactions following bank policies and controls.
• Assist in vendor management and new/changed vendor records.
• Process investment payments and assist maintenance of investment portfolio.
• Prepare monthly Federal Backup withholding for submission.
• Monitor cash position and deposit activity; assist auditors.
• Support monthly and year-end close with journal entries and accruals.

Skills

Analytical skills

Excel proficiency

Interpersonal skills

Time management

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Banking software

Microsoft Office

Excel (data analysis)

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Accounting Associate

Non-officer, FT Non-Exempt Manasquan, NJ, US

5 days ago Requisition ID: 1571

Salary Range: $50,000.00 To $60,000.00 Annually

Please note: this is an on-site role.

PRIMARY PURPOSE

Supports the Bank's accounting and finance functions through account reconciliations, journal entries, accounts payable processing, cash management activities, financial reporting support, and maintenance of strong internal controls. Contributes to the accuracy and integrity of the Bank's financial records while supporting operational and regulatory requirements.

$50,000.00 - $60,000.00 Annually

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Perform daily reconciliation of checks issued and checks deposited, ensuring timely identification, investigation, and resolution of outstanding items.
• Prepare daily and monthly journal entries
• Prepare and review reconciliations of bank accounts and general ledger accounts, investigating and resolving reconciling items in a timely manner.
• Review and process accounts payable transactions, ensuring compliance with Bank policies, approval authorities, vendor management standards, and internal control requirements.
• Assist in vendor management, reviewing new or changed vendor records for completeness and accuracy
• Process investment payments and assist in the maintenance of the Bank’s investment portfolio
• Prepare monthly Federal Back-up withholding for submission
• Monitor the Bank’s cash position and deposit activity
• Assist in providing information to internal and external auditors
• Originate, review and release of daily wire transfers
• Assist branches and back-office departments with inquiries
• Participate in the monthly and year-end financial close process, including journal entries, accruals, account reconciliations, and supporting schedules.
• Other duties assigned by department management.

JOB REQUIREMENTS

• Strong analytical skills and a general knowledge of accounting principles.
• Working knowledge of banking software and/or ability and willingness to learn.
• Strong Microsoft Office Suite skills, including Excel, Word, and Outlook. Experience using Excel for data analysis, formulas, pivot tables, and lookups is preferred.
• Great interpersonal skills; commitment to exceptional service and client relationship development for internal and external clients.
• A strong competency to problem solve accurately and efficiently, organize time and resources, and set priorities to accomplish multiple duties.
• Complete required enterprise-wide training to keep current on regulatory and industry trends.

EXPERIENCE & EDUCATION

• Bachelor's degree in Accounting, Finance, or related field preferred.
• 0 – 2 years of relevant working experience in finance or accounting.
• Accounting, banking, finance, treasury, or audit experience preferred.
• Compensation: market competitive salaries and annual merit increase and bonus program.
• Perks: 11 paid holidays, recognition platform integrated with Amazon, CREW Cares paid volunteering, & professional development opportunities & monthly engagement events.
• Differentiators: Tuition Reimbursement, Student Loan Repayment, Calm app, & pet benefits.

WORKING CONDITIONS & PHYSICAL REQUIREMENTS: Working conditions are those of an “open” office environment, which can require the ability to manage some stress such as noise level from clients, employees, and general office equipment, etc. Daily use of wrists, hands, and fingers to use computer, telephone, fax, copier, and general office equipment. Ability to hear and speak clearly for gathering information. Sitting for extended periods of time (up to 8 hours), standing, and walking up to 20% of work time.

DISCLAIMER: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this job. Reasonable accommodation may be made to qualified, disabled individuals for the performance of essential duties and responsibilities.