Job Information
Cambridge Savings Bank Accountant in Waltham, Massachusetts
POSITION: Accountant
Summary:
At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity and inclusion. As a key member of the Accounting team, the Accountant position is responsible for performing a variety of functions relating to general ledger, reconciliations, fixed asset capitalization, prepaid amortization and FDICIA control review and testing.
Key Result Areas:
Responsible for reconcilement of assigned General Ledger accounts and the subsequent follow-up of all items to ensure timely resolution, for the Bank, subsidiary companies and charitable foundation.
Responsible for the preparation of daily and monthly journal entries to record the Bank, subsidiaries and charitable foundation’s activity.
Collaborate with Facilities and IT departments to capitalize fixed assets in accordance with the Bank’s capitalization and depreciation policies. Additionally, leads company-wide annual fixed asset review process to assess for impairment and write downs.
Prepares roll-forwards for fixed asset and equity balances.
Responsible for setting up prepaid expenses in the Bank’s financial accounting software, in accordance with the Bank’s Accounts Payable policy.
Monitors corporate credit card suspense account and ensures all card holders submit expense reports timely. Prepares journal entries to record corporate credit card activity after proper approvals and documentation are received. Assists with administrative support over the corporate credit card function by ordering new cards, closing cards and obtaining statements for cardholders.
Perform FDICIA testing and Financial Reporting Internal Controls monitoring according to regulatory guidance.
Establish and maintain collaborative working relationships with colleagues and customers across the Bank.
Perform additional duties as required.
Qualifications:
Bachelor's Degree, Accounting preferred, or 2 years of work experience in a banking or financial services environment.
Proficient in Microsoft Office and Microsoft Excel including the use of complex formulas.
Working knowledge of U.S. GAAP, preferred.
Strong initiative, oral communication, interpersonal and customer service skills.
Ability to multitask, prioritize workload and meet deadlines.
Ability to pay close attention to detail, work independently.
Ability to maintain confidentiality.
The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities the inclusion of which would be in conformity with major purpose this job.
Location:
Hybrid/Waltham, Massachusetts
About Cambridge Savings Bank:
Cambridge Savings Bank is a full-service banking institution with over $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB’s investment-grade rating, reinforcing the bank’s position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com , or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370
Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.
#LI-Hybrid