Accounting Generalist

Cornerstone Bank; Southbridge (MA); On-site; USD 31,000 - 44,000; Full time

Job summary

Cornerstone Bank is hiring an Accounting Generalist in Southbridge, MA. The role supports day-to-day accounting, GL maintenance, journal entries, and month-end close in a banking environment. Strong GAAP knowledge, 2+ years of experience, and Excel proficiency are required.

The position emphasizes accuracy, regulatory compliance, and collaboration with auditors and internal teams to ensure reliable financial records.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• At least 2 years of accounting or finance experience, preferably in banking.
• Proficiency with accounting software and Microsoft Excel.
• Strong GAAP knowledge and attention to detail.

Responsibilities

• Manage daily accounting operations including processing invoices, payments, and reconciliations.
• Maintain and update the general ledger to ensure accurate financial reporting.
• Support internal and external audit processes with documentation and explanations.
• Ensure compliance with banking regulations and company policies.
• Collaborate with cross-functional teams to improve accounting processes.
• Monitor and reconcile bank statements and credit accounts.
• Prepare journal entries and assist with month-end and year-end closing.
• Other related duties as requested.

Skills

Analytical skills

Communication skills

Independence

Attention to detail

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

ERP (SAP/Oracle)

Job description

Accounting Generalist

Accounting Regular Full time Southbridge, MA, US

2 days ago Requisition ID: 2716

Salary Range: $27.00 To $27.00 Hourly

About Cornerstone Bank

Cornerstone Bank was established in 2017, built on a legacy of community support and a commitment to helping individuals and businesses thrive. With deep roots in Worcester County and a strong presence throughout Central Massachusetts, Cornerstone combines the strength of a traditional bank with the personalized service of a local institution. Our community-based banking model allows us to deliver exceptional service with a personal touch—every time. At Cornerstone Bank, we foster a collaborative and inclusive workplace where innovation, teamwork, accountability, and excellence are more than just values—they're how we work every day. We empower our employees to grow professionally, serve their communities, and deliver outstanding customer experiences.

Position Summary:

The Accounting Generalist is a key member of the Finance team responsible for supporting the day-to-day accounting operations of the organization while ensuring the accuracy, integrity, and compliance of financial records. This role manages a variety of accounting functions, including accounts payable, accounts receivable, reconciliations, general ledger maintenance, journal entries, and month-end closing activities. The Accounting Generalist works closely with internal departments and auditors to maintain compliance with banking regulations, company policies, and Generally Accepted Accounting Principles (GAAP). Ideal candidates possess strong analytical and organizational skills, proficiency with accounting software and Excel, and the ability to contribute to efficient financial operations that support sound business decisions and regulatory requirements within a banking environment.

Responsibilities and Accountabilities:

• Manage daily accounting operations including processing invoices, payments, and reconciliations.
• Maintain and update the general ledger to ensure accurate financial reporting.
• Support internal and external audit processes by providing necessary documentation and explanations.
• Ensure compliance with banking regulations and company policies related to financial transactions.
• Collaborate with cross-functional teams to improve accounting processes and resolve discrepancies.
• Monitor and reconcile bank statements and credit accounts to maintain accurate records.
• Prepare journal entries and assist with month-end and year-end closing activities.
• Other related duties as requested.

Education and Experience:

• Bachelor's degree in Accounting, Finance, or a related field.
• At least 2 years of experience in accounting or finance, preferably within the banking or financial services industry.
• Proficiency with accounting software and Microsoft Excel.
• Strong understanding of GAAP (Generally Accepted Accounting Principles).
• Excellent organizational skills and attention to detail.

Preferred Qualifications:

• Experience with banking or credit intermediation accounting practices.
• Familiarity with regulatory requirements specific to the banking industry.
• Certification such as CPA (Certified Public Accountant) or CMA (Certified Management Accountant).
• Experience with ERP systems such as SAP, Oracle, or similar platforms.

Skills Needed:

• Strong analytical skills and ability to work independently.
• Excellent communication skills (verbally, written, in-person)

INDEPENDENT ACTION

• Performs work independently within scope of established guidelines and practices. Consults with Manager where clarification or exception to Bank policy may be required.
• NOTE: These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required for this job.
• Cornerstone Bank is an Equal Opportunity Employer. In compliance with Equal Opportunity Guidelines and the Americans with Disabilities Act, Cornerstone Bank provides reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.