Junior Staff Accountant

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

Job summary

Savings Bank in New York is seeking a Junior Staff Accountant to join the team. You will record journal entries, reconcile accounts and assist with month-end closing and reporting.

The role requires a Bachelor’s degree in Accounting and strong data analysis skills. Proficiency in MS Excel, Word and Outlook is preferred. This is an on-site position based in NYC with opportunities to support budgeting and audits.

Qualifications

• Knowledge of financial accounting principles and concepts.
• Ability to set and meet deadlines and manage multiple tasks.
• Mining of data, analysis and reporting skills.

Responsibilities

• Record journal entries and prepare account reconciliations.
• Assist in month end closing, financial reporting and variance analysis.
• Prepare assigned quarterly Call Report schedules.
• Analyze monthly financial statements and operational reporting for the bank and subsidiaries.
• Support budgeting and forecasting processes.
• Maintain fixed asset accounting and depreciation tracking.
• Manage lease accounting, including new leases and schedules.
• Process monthly rent invoices and rent accruals.

Skills

Financial accounting

Data analysis

Time management

Education

Bachelor's degree in Accounting

Tools

MS Excel

MS Word

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.