Principal Accountant; Trust Accounts

Overview

Under the supervision of the Trust Accounting and Investment Supervisor, the Principal Accountant will be responsible for analyzing, comparing, and interpreting financial data and statements.

• Maintaining and balancing trust accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies.
• Assist in the annual Trust audit.
• Maintain general ledgers, preparing trial balances, and reconciling entries.
• Summarizing financial statements and preparing balance sheets.
• Recording daily Trust fund cash flows, setting up payments, and sending transmittals to the bank.
• Run standard and custom reports, identify and correct variances as necessary.
• Review year-end financial statements.
• Processes checks for deposit and similar transactions, including e-deposit transactions.
• Assist with data entry and spreadsheets.
• Processes vendor payments.
• Performs related work as required.

• A bachelor’s degree in accounting, finance, business, public administration, or a related field is preferred. Experience in trust accounting is a plus.
• Strong knowledge of bank operations, financial transactions, financial record keeping, audits, and accounting functions.
• Comprehend general accounting principles and practices.
• Strong understanding of financial statements, reports, accounting ledgers, and journals.
• Perform detailed work accurately and promptly.
• Proficiency in Microsoft Office and Google Suite.
• Experience in People Soft.
• Ability to work in a diverse environment, communicate effectively with the remainder of the Treasury team.
• Capable of completing several projects simultaneously and working independently.
• Strong and effective communication skills.

Boston Residency Required
Union/Salary Plan/Grade: SEIU/RL-16
Hours per week: 35