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SVP - Chief Accounting Officer

Job in Holyoke, Hampden County, Massachusetts, 01040, USA
Listing for: PeoplesBank
Full Time position
Listed on 2026-02-19
Job specializations:
  • Finance & Banking
    Financial Manager, CFO, Financial Compliance, Corporate Finance
  • Management
    Financial Manager, CFO
Salary/Wage Range or Industry Benchmark: 250000 USD Yearly USD 250000.00 YEAR
Job Description & How to Apply Below

Welcome to Peoples Bank! We are the largest mutually chartered bank in Western Mass and Northern Connecticut, we are proud to lead the way in green values, sustainable energy financing, and charitable giving.

Our commitment to operating in the best interest of our customers is matched by our dedication to fostering an inclusive and engaging work environment. We offer excellent compensation, workplace flexibility, and a competitive benefits package to our associates. Our award‑winning culture has earned us recognition as Best Place to Work and Best Local Bank
. Join our team of dedicated and innovative individuals and be a part of our dynamic, successful organization. Let's make a difference together!

Summary

Peoples Bancorp, MHC‑parent company to Peoples Bank and Cornerstone Bank‑is seeking an experienced and strategic SVP Chief Accounting Officer to lead the organization's accounting and financial reporting functions. This senior leader will oversee all aspects of GAAP‑compliant financial management, including the general ledger, internal and external reporting, budgeting, accounts payable, reconciliations, corporate tax compliance, month‑end close, internal controls, and audit coordination.

Serving as a key partner to the CFO, the Chief Accounting Officer will guide the accounting teams across multiple entities, provide technical accounting expertise, ensure strong financial controls under FDICIA, and deliver timely, accurate financial insights that support executive decision‑making. This role also ensures effective management of ACL, BOLI, tax credit programs, and benefit/retirement plan accounting, while fostering a culture of continuous improvement, operational excellence, and leadership development within the department.

Essential Duties and Responsibilities
  • Oversee the Accounting departments at Peoples Bank and Cornerstone Bank, ensuring the funds disbursement, allowance for credit losses (ACL), bank‑owned life insurance (BOLI), capital/dividends, expense reimbursement and tax credit policies are effectively managed, and that internal/external financial reporting is timely and accurate.
  • Provide leadership and oversight for Controller (Cornerstone) and Asst. Controller (Peoples Bank) acting in a controller capacity for Peoples Bank.
  • Maintain the general ledger and other accounting systems to ensure accurate reporting and effective financial controls in accordance with GAAP. Provide management with guidance on any relevant changes to GAAP and perform research as necessary on new or proposed services/transactions to ensure compliance with GAAP.
  • Oversee internal and external financial reporting, ensuring appropriate and timely filings with applicable report recipients while providing senior management with relevant and timely financial reports for decision making.
  • Report on accounting related items to management committees, the Board of Directors, the Board of Trustees and Board sub‑committees as necessary or requested by the CFO.
  • Oversee the annual non‑interest income/expense budgeting process, establishing timelines and deliverables, producing accurate and timely results. Monitor and update the budget, periodically reforecasting. Identify and recommend improvements to the budget process.
  • Oversee the ACL, ensuring compliance with GAAP and timely/accurate reporting.
  • Oversee the BOLI program, ensuring regulatory and GAAP compliance.
  • Assist the CFO in establishing and developing accounting policies, processes and procedures that support the Corporate Services function for the MHC.
  • Supervise daily activities of department personnel. Recommend staffing, initiates training, and provides overall coaching and mentoring of accounting and reporting staff.
  • Perform administrative oversight of the general ledger reconciliation process, including the federal reserve and other correspondent bank accounts.
  • Manage corporate tax compliance functions, including facilitating and tracking tax credit investments, quarterly estimated tax payments, completion and submission of corporate tax filings for the MHC and its subsidiaries.
  • Manage and direct all financial audits performed by regulators, internal and external…
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