Accounting Analyst (Level Based on Experience)

Bangor Savings Bank•Bangor, ME

76d•$25 - $43•Onsite

About The Position

This role provides comprehensive accounting and analytical support to the Accounting Department. The analyst will independently prepare, analyze, review, and report on the Bank, its products, services, and peers. The position involves performing a wide range of complex accounting and analytical functions, ensuring day-to-day operations adhere to established accounting principles, policies, and objectives. The ideal candidate is a self-starter who continuously seeks and implements process efficiencies and recommends enhancements. There is potential for future supervisory and team-building opportunities. The role requires collaboration with employees at all levels to achieve internal and external customer objectives. Level 1: Focuses on developing skills and knowledge related to the role, with quality of work being vital for advancement. Level 2: Builds upon Level 1 expectations with an increased focus on production of work-product. Three plus years of accounting or financial analysis experience is preferred. Level 3: Incorporates Level 1 and 2 expectations, with added responsibilities such as training less-experienced associates, assisting with complex issues/projects, and reviewing processes for improvement opportunities. Six plus years of accounting or financial analysis experience is preferred.

Requirements

High School Diploma or equivalent required
Strong analytical, organizational, verbal, and written communication skills required
High degree of emotional intelligence and professional maturity
High proficiency with spreadsheets and database management
Solid computer skills with ability to quickly learn multiple software applications
Working knowledge of accounting principles
Strong knowledge of accounting and regulatory principles
Self-motivated and results-oriented with ability to work effectively with limited supervision in a multi-task environment

Nice To Haves

Bachelor’s degree in accounting or related area (business, accounting or finance) preferred
Month-end close process experience preferred
Three plus years of accounting or financial analysis experience preferred (for Level 2)
Six plus years of accounting or financial analysis preferred (for Level 3)

Responsibilities

Contribute to the preparation, review, and coordination of financial reports, including budgeting/forecasting, regulatory reporting, month-end/quarter-end/year-end closing, business line and profitability analysis, and accounting for fixed assets and investments.
Prepare, analyze, and interpret specialized or highly complex reports and analyses to support accounting and reporting functions for management and outside agencies, utilizing advanced accounting knowledge.
Learn and prepare compliance and regulatory filings for agencies like FDIC and the Federal Reserve Bank.
Prepare and distribute periodic and ad hoc reports, and potentially review similar work prepared by others.
Create and maintain procedures affecting assigned functions.
Solve problems and seek solutions to streamline processes, enhance accuracy, and improve work quality, employing technology for productivity.
Contribute to the preparation of materials for internal and external audits and serve as a resource for auditor questions.
Build relationships and provide ongoing accounting support to colleagues outside the Accounting Department, aiming for high customer service levels.
Ensure compliance with internal accounting policies, GAAP, and state and federal regulations.
Stay updated on industry trends and regulatory changes, utilizing professional literature, and educate the team and colleagues accordingly.
Conduct training on system software and provide learning opportunities on areas of expertise.
Perform reconciliation of selected general ledger accounts, researching and resolving exceptions.
Perform month-end close processes and reporting within established timeframes.
Handle multiple projects simultaneously, prioritizing to manage department/individual needs.
Offer interpretation, explanation, and guidance for complex Bank reports and activities.
Interact harmoniously and effectively with others to achieve Bank goals and objectives through teamwork.
Perform other duties as needed to support the Accounting team and the Bank.
Maintain/update various Accounting Department systems.
Serve as a mentor within the Accounting Department by supporting the team and leading by example.
Review work prepared by others within the department and the Bank as assigned by a supervisor.