Accounting and Financial Reporting Manager

Middlesex Savings Bank

Natick, MA

JOB DETAILS
SALARY
$76,463–$135,731 Per Year
SKILLS
Accounting, Accounting Standards and Regulations, Analysis Skills, Banking Operations, Banking Regulations, Coaching, Communication Skills, Customer Support/Service, Detail Oriented, External Audit, Federal Deposit Insurance Corp (FDIC), Federal Home Loan Banks, Finance, Financial Management, Financial Operations, Financial Regulations, Financial Reporting, Financial Statements, General Ledger Accounting, Generally Accepted Accounting Principles (GAAP), Internal Audit, Maintain Compliance, Microsoft Excel, Microsoft Office, Microsoft Word, Performance Analysis, Performance Reviews, Problem Solving Skills, Process Management, Regulatory Reports, Regulatory Submissions
LOCATION
Natick, MA
POSTED
2 days ago

Overview

Responsible for overseeing the daily accounting functions and leading the preparation of accurate, GAAP-compliant financial statements. You will serve as the primary liaison for internal and external auditors and ensure adherence to FDIC, Federal Reserve, and state-level banking regulations. Participates in the planning, coordination and management of accounting & financial reporting operations. Performs any functions within the scope of authority and expertise to provide the highest level of service to customers and co-workers.

Responsibilities

  • Plans, organizes, develops and manages the daily administration of the Accounting & Financial Reporting group. Conducts periodic performance evaluations, provides ongoing counsel, coaching, training, development and motivation. Participates in the hiring, salary, promotion and termination recommendation process.
  • Manages the preparation and filing of regulatory reports required by the FDIC, FRB, FHLB, DIF and DOB for the Bank and the Bancorp.
  • Manages fiscal year end close, annual reporting and external audit requirements. Prepares financial schedules and footnotes related to the production of the Bancorp’s annual financial statements.
  • Responsible for development and production of various internal management reports utilized by senior management and board level committees.
  • Keeps abreast of changing industry, accounting, and regulatory landscape related to financial and regulatory reporting.
  • Represents the bank through active participation in community and industry organizations.
  • Performs other duties as may be required.

Requirements

Education
  • Bachelor's Degree or equivalent work experience within finance or accounting department is required
Work Experience
  • 5-8 years of relevant experience is required
Additional Requirements
  • Prior management experience is required
  • Strong understanding of G/L systems and regulatory reporting software
  • Advanced technology skills such as MS Office products (Excel, Word) and working knowledge of financial and bank operations systems.
  • Effective analytical, organizational, problem-solving skills, and the ability to manage multiple processes.
  • Must be detail oriented and able to communicate effectively both verbally and in writing.

Expected Pay Range

The expected annual pay range for this role is $76,463 to $135,731. This pay range is the annual salary we in good faith expect to pay for this role at the time of posting. Actual compensation paid may fluctuate higher or lower than the posted range and the range may be modified in the future due to several factors including, but not limited to, relevant experience, certifications, and qualifications, internal equity, adjustments to the requirements and responsibilities of the job, business needs, and economic and market data.

EEO Statement

Middlesex Savings Bank is an Equal Opportunity Employer/protected Veterans/Individuals with Disabilities

About the Company

M

Middlesex Savings Bank

When Middlesex Institution for Savings was founded in 1835 in Concord, MA, banks were focused on businesses rather than families. But our founders saw a need to support the community and created a mutual bank where everyone was welcome to save and help build a better life.

Today, Middlesex Savings Bank is one of the largest mutually owned banks in the country. Unlike many other banks, we don’t have shareholders to answer to, or stock prices to worry about. So we can always put our customers first with better rates, more personalized service, and continuous support of the communities we all call home.

COMPANY SIZE
500 to 999 employees
INDUSTRY
Banking
EMPLOYEE BENEFITS
Paid Sick Days, Prescription Drug Coverage, Professional Development, 401K, Employee Referral Program, Flexible Spending Accounts, Retirement / Pension Plans, Tuition Reimbursement, Life Insurance, Military Leave
FOUNDED
1835
WEBSITE
https://www.middlesexbank.com/