Junior Staff Accountant

Addition Management; New York (NY); On-site; USD 55,000 - 75,000; Full time

Job summary

NYC based Savings Bank is seeking a Junior Staff Accountant to join their team in New York. The role involves handling journal entries, reconciliations, month-end close, and various financial reporting tasks for the bank and its subsidiaries.

You will support budget development, variance analysis, and CAPEX/leasing accounting, while ensuring accurate data analysis and timely deliverables. Proficiency in Excel and related tools is essential.

Qualifications

• Bachelor’s degree in Accounting or related field.
• Knowledge of financial accounting principles to perform listed tasks.
• Ability to set and meet deadlines, including multi-tasking to completion.
• Knowledge and ability to perform mining of data, analysis and reporting.
• Proficient with MS Excel, Word and Outlook.

Responsibilities

• Record journal entries and prepare account reconciliations.
• Assist in month end closing, financial reporting, and variance analysis.
• Prepare assigned quarterly Call Report schedules.
• Assist in preparing and analyzing monthly financial statements, reports, and operational reporting of the bank and its subsidiaries.
• Support development, review and analysis of the Company’s consolidated financial budget and forecasts.
• Assist in analyzing expenses for trend and variance analysis and prepare accruals.
• Maintain fixed asset accounting, including recording of new assets and depreciation.
• Prepare quarterly CAPEX reports tracking actual vs. budget.
• Maintain lease accounting and review lease documents; prepare supporting schedules.
• Manage tenants’ lease contracts, prepare invoices, update rent accruals, and track payments.
• Support audits with financial information and analysis.
• Prepare annual real estate tax protest process and RPIE.
• Monthly Sales Tax and quarterly commercial rent tax returns.
• Back up Accounts Payable and Secondary Market functions.

Skills

Financial accounting principles

Deadline management

Data mining & reporting

Analytical skills

MS Outlook

Education

Bachelor’s degree in Accounting or related field

Tools

MS Excel

MS Word

MS Outlook

Job description

NYC based Savings Bank seeks a Junior Staff Accountant to join their Team!

Responsibilities

• Primary Accountabilities/Responsibilities:
• Record journal entries and prepare account reconciliations.
• Assist in month end closing, financial reporting, and variance analysis.
• Prepare assigned quarterly Call Report schedules.
• Assist in preparing and analyzing monthly financial statements, reports, and operational reporting of the bank and its subsidiaries.
• Supports the development, review and analysis of the Company’s consolidated financial budget and forecasts.
• Assist in analyze expenses for trend and variance analysis and prepare necessary accruals.
• Maintaining the bank’s fixed asset accounting, including recording of newly acquired fixed assets, tracking existing assets and recording depreciation.
• Prepare quarterly CAPEX report that track actual vs. budget CAPEX items.
• Maintains the Company’s lease accounting, including initiation and review of lease documents, recording of newly signed leases and preparation of supporting schedules as needed.
• Manage Bank’s tenants’ lease contracts, prepare monthly invoices, update rent accruals and track monthly payments.
• Support internal and external audits with various financial information and analysis, and aids with the resolution of problems as required.
• Prepare annual real estate tax protest process. Complete annual RPIE Real Property Income Expense.
• Monthly Sales Tax and quarterly commercial rent tax returns
• Back up Accounts Payable and Secondary Market functions

Qualifications

• Bachelor’s degree in Accounting or related field
• Knowledge of financial accounting principles and concepts in order to perform tasks listed in Major Duties and Responsibilities above.
• Ability to set and meet deadlines including strong ability to manage and perform multiple tasks to completion at the same time.
• Knowledge and ability to perform mining of data, analysis, and reporting.
• Proficient with MS Excel, Word and Outlook.