Position:             Staff Accountant

Location:            Downtown, NYC

Salary:                 $60K - $75K

Stable Saving Bank located Downtown seeks a Staff Accountant to join the Team

Responsibilities:

• Assists supervising the daily accounting and department administrative activities, including accounts payable (AP), bank reconciliations, and general ledger entries.
• Coordinates and executes month-end and year-end closing procedures efficiently and accurately.
• Plans, assigns, and reviews the work of junior accountants and staff, provides training and mentorship, conducts performance evaluations, and manages work schedules and time off.
• Maintain the general ledger system and chart of accounts.
• Perform subsidiary and consolidation accounting and reporting. Review and validate Net Capital Computation schedule, non-allowable asset schedule and quarterly FOCUS report.
• Ensure accuracy in the leases, prepaid and fixed Assets records and comply with the Purchasing and Fixed Assets Policies.
• Identifies opportunities to streamline and automate accounting workflows and improve efficiency in accounting operations, often by leveraging accounting software and systems.
• Assists in preparing and filing tax returns and related compliance documents. 
• Monitor correspondent bank balances daily and initiate transfer to highest yielding bank account (FRB or FHLB).

·     Prepare monthly financial reports and reviewing accurate and timely financial statements (balance sheets, income statements).

·     Analyzes financial data, reports, and budget variances to identify trends, resolve complex problems, and provide insights to management to help monitor departmental expenditures against established budgets.

Qualifications:

• 2 years of accounting related experience

·      Strong knowledge of GAAP and regulatory compliance.

·      Proficiency in Oracle accounting software or other ERP systems

·      Advanced Excel skills

• Knowledge of financial accounting principles and concepts in order to perform tasks listed in Major Duties and Responsibilities above.
• Knowledge and ability to perform mining of data, analysis, and reporting.
• Proficient with MS Excel, Word and Outlook.