At StonehamBank, we work as a team to achieve the fundamental principles of excellence, service, and trust. Our experience has led us to what we are today, a stable institution that has progressed into the future with its own identity. Banking OpportunitiesSenior AccountantFull-Time Position Summary:Under the supervision of the Accounting Director, the Senior Accountant I ensures the accuracy of financial records and supports the Bank's financial operations. The ideal candidate should possess a strong attention to detail, experience in the financial institution industry, and a proven track record of meeting financial deadlines with precision. Additionally, the candidate should demonstrate strong analytical skills, a proactive approach to problem-solving, and the capacity to adapt to changing regulatory requirements and organizational needs.Key Responsibilities:
- Maintain the bank's general ledger, ensuring accurate financial records.
- Perform or review account reconciliations, as assigned, and resolve discrepancies promptly.
- Assist with month-end/quarter-end/year-end closings, posting entries, and preparation of financial statements.
- Assist with regulatory reporting, including Call Reports.
- Provide documentation for regulatory examinations, internal and external audits.
- Implement process improvements.
- Participate in the annual financial statement preparation.
- Assist with accounts payable/receivable processes, ensuring accurate records.
- Assist with management of fixed assets, prepaids, accruals, and amortization schedules.
- Act as secondary control for daily cash management and investment accounting.
- Ensure compliance with internal controls, regulations, and U.S. Generally Accepted Accounting Principles (GAAP).
- Contribute to budgeting, forecasting, and variance analysis.
- Prepare presentations related to financial concepts as needed.
- Offer ad hoc financial analysis and support across departments.
- Assume additional responsibilities as requested.
- Participate in Community Events such as volunteering for local schools, neighborhood associations, government, and/or nonprofit organizations which is part of StonehamBank's Values SERVICE .
- May participate in Board Meetings from time to time.
Minimum Qualification (Education, Experience and Skills):
- BS in Accounting/Finance/Business and 3 to 5 years of financial institution accounting experience.
Job Specific Competencies:
- Strong knowledge of accounting standards, U.S. GAAP, and federal agency standards.
- Strong communication and writing skills.
- Proficiency in Excel, Word, and PowerPoint.
- Experience with Oracle, avidXchange, Prologue are preferred but not required.
- Attention to detail and ability to reconcile complex accounts.
- Ability to work under tight deadlines, especially during month-end/year-end close.
- Strong analytical skills and proficiency with financial reporting tools.
- Excellent communication skills to interact with internal stakeholders and vendors.
Working Conditions and/or Physical Requirements:Physical Demands (The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.): While performing the duties of this position, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, and reach with hands and arms, and work at a PC for an extended period of time. The employee must occasionally lift and/or move up to 20 pounds. General Office/Bank Environment.The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position title. The position description is not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees classified in the position. In addition, all employees may be required to perform duties outside of their normal responsibilities from time to time, as needed. StonehamBank, at its discretion, may modify this position description at any time.We offer a competitive compensation package including the following:Medical Insurance with HRADental InsuranceVision Insurance401K with matching contributionsPerformance Incentive PlanFlexible Spending AccountDependent CareLife, AD&D InsuranceFree ParkingPaid Vacation Personal, Sick, Holiday, BereavementWellness Programs including flu shots and Health Club membership reimbursement (through health insurance)Voluntary programs including supplemental Short/Long Term Disability and Cancer benefits Employee Assistance Program (legal, financial, and personal counselling)On-site and online training classesEmployee Referral IncentiveStonehamBank is an equal opportunity employer and makes employment decisions without regard to race, color, religion, gender, sexual orientation, age, national origin, genetic information, gender identity, disability, marital status, status as a covered veteran, or any other protected status as defined by applicable state and federal laws.EOE/M/F/Disabled/VetMember FDIC/Member DIF