Summary: Works closely with the SVP Finance to ensure proper control of all bank accounting, finance, and related activities. Provides valuable solutions and oversight of various accounting processes. Coordinates the bank’s internal audit function by facilitating the exchange of information with our auditors and tracking their findings and recommendations.
Salary Range: $60,000 to $70,000 per year, depending on qualifications and experience. A higher rate may be offered to candidates with exceptional experience or skills.
Job Qualifications:
- Bachelor’s Degree in Accounting or Finance or 3-5 years of related work experience
- Foundational knowledge of GAAP accounting, and preferably an understanding of how these principles are applied to the banking industry
- Good oral and written communication skills and human relations skills
- Strong analytical and problem-solving abilities
- Excellent attention to detail
- Strong computer skills, especially with Microsoft Word, Excel, and Outlook
Specific Job Functions:
- Assists with the preparation of regulatory and internal financial management reports, including but not limited to the Call Report, QCR Report, and various reports for management and the Board of Trustees.
- Gathers data and provides trend analysis for better decision making.
- Investigates GL variances and assists in finding efficiencies within different finance processes.
- Prepares various month-end closing entries and accruals and maintains prepaid expense schedules.
- Reconciles certain correspondent bank accounts, general ledger accounts, and internal accounts. Reviews other reconciliations and assists with resolving discrepancies.
- Oversees the processing of all securities transactions and investigates and resolves any variances.
- Prepares and inputs various daily, monthly, and quarterly general ledger entries.
- Acts as the back-up to the Accounts Payable function as well as the primary resource for troubleshooting any A/P issues that may arise.
- Maintains the fixed assets reporting system and provides relevant information for budgeting purposes.
- Coordinates internal audits and tracks findings and recommendations. Assists the outsourced internal auditor with gathering documentation for the audits they perform throughout the year and coordinates scheduling between the auditors and the various departments within the bank. Assures that any and all corrective actions are taken within the specified timeframe.
- Presents periodic reports to the Board of Trustees Audit Committee regarding the status of internal audits.
- Accepts responsibility to stay abreast of all Federal and State laws, and compliance regulations governing the bank in general, and as they pertain to the job function.
- Performs other duties as assigned.
Exemption Status
- Exempt, salaried position.
Location
- Operations Center located in Wells River, VT.
Work Schedule
- This is a full-time position requiring 40 hours per week, Monday through Friday 8am to 5pm.
Wells River Savings Bank is a mutual savings bank with associates working in our seven offices in the Connecticut River Valley. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws. We offer an excellent work environment while providing opportunities for our associates to learn and grow.
