Senior Accountant

Overview

The Senior Accountant is an integral part of the Accounting team, responsible for maintaining accurate financial records, preparing financial statements, completing regulatory reporting, performing investment accounting for the organization’s investments, assisting with the financial budget and planning, conducting general ledger account reconciliations, and ensuring compliance with regulatory standards. This role reports to the Manager of Accounting and supports financial reporting, internal controls, analysis, and process improvement initiatives.

Responsibilities

• Participate in the month-end close process, including monthly reporting and variance analysis, and quarterly Call Reports.
• Reconcile bank accounts and general ledger accounts in accordance with organizational policies and procedures and prescribed timelines.
• Review and reconcile suspense accounts; monitor aged items and work with business partners to address items timely and appropriately in accordance with organizational policies and procedures.
• Maintain fixed asset records and depreciation schedules in accordance with accounting policies, including working knowledge of ASC 842 (Lease Accounting).
• Perform accounting functions, including general ledger entries and reconciliations, for the investment portfolio.
• Support the monthly Allowance for Credit Losses (ACL) process, as necessary, including working knowledge of ASC 326 (CECL).
• Support the budget and forecast planning process by preparing information and analyzing income and expense trends.
• Collaborate with cross-functional teams to evaluate the accounting implications of new products, services, or other key initiatives; assist business partners with research of transaction-level data to ensure items are booked timely and properly.
• Participate in the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP.
• Assist with the coordination of financial audits, internal audits, and regulatory examinations by providing documentation and explanations as needed.
• Prepare budget vs. actual performance reports and provide analysis to support strategic decision-making.
• Assist with month-end close and management reporting; provide audit support for the organization’s foundation.
• Assist in the implementation and maintenance of internal controls to ensure compliance with regulatory requirements and mitigate financial risks.
• Support documentation, periodic reviews, and updates to relevant policies and procedures in collaboration with management.
• Prepare ad-hoc financial reports and analysis to support strategic decision-making.
• Provide deliverables in accordance with prescribed timelines.
• Perform other related duties and special projects as assigned.

Requirements

• Bachelor’s degree in finance, Accounting, or a related field; MBA or CPA preferred.
• 5+ years of experience in accounting.
• Minimum of 3 years in an accounting position at a similarly sized or larger bank or credit union is preferred.
• In-depth knowledge of GAAP, regulatory compliance, and financial reporting requirements for banks.
• Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
• Exceptional communication and interpersonal skills, with the ability to understand accounting concepts and work independently on accounting-related assignments.
• Strong collaboration skills, with the desire to support peers and drive results across the organization.
• Proficiency in financial software and Microsoft Excel; experience with general ledger systems such as Prologue and banking systems such as Symitar core banking platform is a plus.
• Detail-oriented with a commitment to accuracy and integrity in financial reporting; ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
• Technologically proficient.

Compensation & Benefits

• Pay range: $71,600–$116,550 annually.
• Actual base pay offered may vary based on job-related knowledge, skills, experience, and location.
• Discretionary bonus eligibility may apply.
• 401(k) with a 6% employer match per pay period.
• Benefits include Medical, vision, dental, life, and disability insurance.
• Flexible paid time off and 11 paid holidays annually.

Equal Opportunity

The organization is an Equal Opportunity Employer. It provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by applicable federal, state, or local laws.

Location

New York (job responsibilities relate to financial reporting and regulatory compliance for banks and credit unions).