SR. ACCOUNTANT – DERIVATIVES TRANSACTIONS

New England AFP; Hartford (CT); On-site; USD 70,000 - 90,000; Full time

Job summary

A financial institution is looking for a Senior Accountant to maintain and report on the Bank’s derivative portfolio. The role requires proficiency in Excel, at least three years of accounting experience, and a degree in Accounting or Finance. This position involves preparing financial reports, analyzing general ledger accounts, and participating in the documentation of accounting systems. A hybrid work schedule is offered in the Boston office, with an emphasis on in-office time for onboarding.

Qualifications

• Minimum of three years’ experience in accounting at a financial institution.
• Exposure to and understanding of financial instruments, including derivatives and fixed income securities.

Responsibilities

• Maintain accurate and reliable accounting records for the Bank’s derivative portfolio.
• Prepare accurate and timely financial reports related to derivatives.
• Perform analysis work on general ledger accounts for month-end closing.
• Participate in the testing and documentation of accounting systems.
• Assist in special projects within the Accounting Control department.

Skills

Intermediate-level proficiency with MS Office (specifically Excel)

Excellent organizational & analytical skills

Ability to work independently and in a team environment

Strong interpersonal skills

Education

Bachelor’s or advanced degree in Accounting, Finance or Business Administration

Relevant work experience

Job description

SR. ACCOUNTANT – DERIVATIVES TRANSACTIONS

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The Senior Accountant/Derivatives is primarily responsible for maintaining accurate and reliable accounting records and the preparation of accurate and timely financial reports related to the Bank’s derivative portfolio as required under ASC 815 (Derivatives and Hedging). The incumbent is expected to assist in the control function of the department by performing analysis work on various general ledger accounts related to the month‑end closing and periodic reporting process. The Senior Accountant/Derivatives is expected to participate in the testing and documentation of new accounting systems, conversions, new member products or processes as needed. Finally, this position may be assigned special projects within the Accounting Control department.

This role will have a hybrid work schedule in our Boston office in accordance with the Bank’s Hybrid Work Program. More time is expected in the office to support onboarding initially.

REQUIREMENTS

• At least intermediate-level proficiency with MS Office (specifically Excel) and general ledger software.
• Excellent organizational & analytical skills
• Ability to work independently and in a team environment
• Strong interpersonal skills
• Bachelor’s or advanced degree in Accounting, Finance or Business Administration or relevant work experience.
• Minimum of three years’ experience in accounting at a financial institution
• Exposure to and understanding of financial instruments, including derivatives and fixed income securities.