Staff Accountant

Beacon Bank; Boston (MA); On-site; USD 59,000 - 102,000; Full time

Job summary

Beacon Bank in Boston, MA is seeking an Accounting Associate to assist in maintaining the general ledger and preparing financial statements in accordance with GAAP. You will perform journal entries, reconciliations, and variance analysis, ensuring accuracy of GL accounts and strong internal controls, with opportunities to support audits and regulatory reporting.

Candidates should have a Bachelor's degree in Accounting or related field and 0–2 years of experience, plus solid Excel/Microsoft

Qualifications

• Bachelor’s degree in Accounting, Finance or related field.
• 0-2 years related experience.
• Knowledge of banking functions and operations.
• Excellent communication skills (written and verbal).
• Proficiency with Microsoft Excel, Word and Outlook.
• Ability to solve problems and multitask with limited supervision.

Responsibilities

• Maintain the general ledger and prepare financial statements in GAAP.
• Prepare monthly GL reconciliations and investigate variances.
• Prepare and enter journal entries with proper documentation.
• Ensure internal controls over GL uploads and entries are strong.
• Perform monthly variance analysis and provide insights for accuracy.
• Assist in preparing regulatory and SEC reporting schedules.
• Support internal and external audit requests as needed.
• Maintain accounting and reporting policies and procedures.

Skills

Banking functions

Communication skills

Excel

Word

Outlook

Problem solving

Multitasking

Independent work

Overtime flexibility

Education

Bachelor’s degree in Accounting

Job description

Division: Finance

Department: Accounting

Reports to: Accounting Manager

Status: Exempt

Grade: 10

Salary Range: $55,588 - $102,474

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location: Boston, MA

Principal Objective

Assists in maintaining the general ledger and preparation of financial statements for Beacon Bank. Ensures accounting records are in compliance with generally accepted accounting principles (GAAP). Ensure the accuracy of accounting records by performing account analysis, preparation of journal entries and reconciliation of assigned General Ledger (GL) accounts.

Key Accountabilities

• Responsible for all the accounting associated with fixed assets and prepaids
• Prepares monthly general ledger reconciliations. Investigate and resolve variances, errors or missing data.
• Preparation and entering of journal entries into the GL system, along with demonstrating proper documentation
• Ensures strong internal control over GL uploads and journal entries, in addition to performing maintenance
• Monthly variance analysis review, including review of account activity and transactions, including providing in-depth analysis as requested to ensure accuracy of general ledger
• Assists in preparing regulatory and SEC reporting schedules and providing supporting documentation, as requested
• Performs ad hoc general ledger analysis and reporting as necessary
• Assists in preparation of internal and external audit requests
• Maintains accounting and reporting policies and procedures

Education

• Bachelor’s degree in Accounting, Finance or other related field

Experience

• 0-2 years related experience

Skills & Knowledge

• Knowledge of banking functions and operations
• Excellent and effective communication skills, both written and verbal and proofreading skills
• Strong aptitude with Microsoft office products, specifically Excel and Word and Outlook
• Ability to solve problems
• Ability to accomplish tasks with limited supervision, prioritize and multi-task
• Ability to visualize changes required for specific solutions
• Ability to work quickly, accurately, and independently on a daily basis; requiring strong organizational skills, initiative and good judgement
• Willingness to work overtime during peak periods to ensure reporting deadlines are met

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at [e-mail].