Senior Accountant

Needham Bank•Portsmouth, NH

2d•$69,794 - $104,692

About The Position

The Senior Accountant supports Needham Bank’s accounting and internal control functions and is an integral contributor to monthly closing and investment accounting. The role manages complex balance sheet reconciliations, financial reporting, investment accounting, accounts payable, fixed asset and prepaid subledgers, and wholesale funding records. It also supports cash reconciliations, audit and regulatory examinations, internal controls, accounting systems, and continuous process improvement. The position calls for strong accounting knowledge, analytical ability, careful review of work, and effective collaboration across departments. The Senior Accountant may lead and review the work of a staff accountant, provide accounting information to management, and act as a backup for others in the department. The role is based in a normal business office environment.

Requirements

Bachelor’s degree in Accounting or Finance and a minimum of five years of experience in public or corporate accounting.
Strong knowledge of U.S. GAAP.
Knowledge of general accounting principles, including accounts payable and receivables, investments, fixed assets, borrowings, cash, spreadsheets, and mathematical concepts.
Exposure to accounting for investments and borrowings.
Proficiency with computer-based accounting systems and Microsoft Office applications; high proficiency with Excel is required.
Ability to work in a team environment across departments and independently.
High-level analytical skills.
Ability to manage a team and carefully review work performed by others.
Excellent written and verbal communication skills.
Ability to manage multiple priorities in a fast-paced environment.
Strong attention to detail and accuracy.
Adherence to Needham Bank’s core values: Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing.

Nice To Haves

Certified Public Accountant.
Strong knowledge of PCAOB auditing standards.

Responsibilities

Prepare complex balance sheet account reconciliations and review reconciliations prepared by others.
Contribute to month-end closing and financial reporting.
Maintain and process the investment accounting module, including recording monthly transactions such as purchases, sales, calls, maturities, and payments; updating monthly market values; and processing amortization, accretion, and interest accruals.
Manage the accounts payable process, review AP work, lead the staff accountant, promote efficient processing, and ensure internal controls are followed.
Own the fixed assets and prepaid subledgers, including reconciliation and processing.
Maintain wholesale funding subrecords in the investment module.
Assist with reconciling the Federal Reserve Bank cash balance and liaise with other departments regarding reconciling items.
Perform month-end analysis and adjustments for assigned general ledger accounts.
Act as a backup to others in the department.
Identify and recommend process improvements and accounting best practices to improve the timeliness, accuracy, and relevance of reporting.
Assist with research and implementation of new accounting software and solutions.
Provide timely and accurate accounting information in response to management requests.
Assist with internal and external audits and regulatory examinations.
Analyze financial information with a focus on control and compliance, including addressing new requirements.
Analyze general ledger accounts for reporting and adjustment needs.
Maintain files and documentation in accordance with bank policy and accepted accounting practices.
Assist in maintaining the Company’s FDICIA/SOX internal controls program.