Accounting Director jobs in Massachusetts

Accounting Director directs the operations and policies of an accounting function. Implements accounting policies and procedures that adhere to governmental, financial, and tax regulations and comply with GAAP and IFRS standards. Being an Accounting Director monitors and evaluates accounting systems and processes to identify areas for improvement and optimization. Oversees overall monthly, quarterly, and annual accounting close processes and reporting. Additionally, Accounting Director develops and directs accounting professionals and supports staff through subordinate managers. Requires a bachelor's degree in accounting or finance. May require Certified Public Accountant (CPA). Typically reports to a head of accounting. The Accounting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Accounting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Director of Accounting
  • East Cambridge Savings Bank
  • Cambridge, MA FULL_TIME
  • East Cambridge Savings Bank’s Accounting Division is actively recruiting for a Director of Accounting.


    Function:

    Under the guidance of the Senior Vice President-Senior Finance Officer/Controller manages the daily operations of the Accounting Department and performs a variety of duties pertaining to the Accounting and Financial Reporting functions in accordance with established Bank policies, procedures and strategic goals.

     

    We are looking for a candidate with:

    • Bachelor’s degree in accounting or finance.  
    • At least seven years experience in Bank accounting and/or financial management and 3-5 years of management experience. 
    • Well developed analytical, organizational and problem-solving skills.

     

    Essential Job Functions:

    • Assists Controller with managing the evolution of the Bank’s financial information system and ancillary systems.
    • Manages the daily operations of the Accounting Department; cash management activities, daily investment activities, processing of accounts payable activities, wire transfers, and tax payments.  Conducts periodic performance reviews and provides training and development for Accounting staff, assisting with completion of assignments as needed. 
    • Manages tax compliance for the Bank.  Reviews the monthly/quarterly tax provisions and assists the Tax Provider with tax return preparation.  Responsible for preparing regulatory reports and schedules required by external agencies such as the Federal Reserve Bank, Depositors Insurance Fund, IRS, etc.  Keeps abreast of accounting, tax and industry developments and makes recommendations as needed. 
    • Manages completion and review of management, board, and regulatory reports in accordance with generally accepted accounting principles, regulatory requirements and Bank policies. 
    • Responsible for managing accounting internal controls. Compiles accounting policies and coordinates implementation and testing for accounting regulations such as CECL.
    • Reviews, develops and ensures implementation of Bank policies in accordance with GAAP and accounting procedures.  Recommends, develops and implements procedural changes and new work methods as necessary.
    • Analyzes reconciliations and resolves outstanding items and accounting related issues.  Provides technical assistance to staff and Officers when needed.
    • Prepares and assists with month end closing entries, accruals and related reports.  Recalculates accrued interest receivable on a monthly basis and provides a written report to management.
    • Reviews set up of investment securities activity as needed to ensure the trades coincide with management’s approved recommendations.
    • Generates various financial and regulatory reports pertaining to the Bank’s investment portfolio, overall budget and financial performance on a daily, monthly and quarterly basis.  As needed, research and extract relevant information from various internal and external sources such as the Bank’s CPA firm.  Responsible for quarterly completion of the qualified collateral report for submission to the FHLB.
    • Recommends and develops plans to meet the Bank’s financial goals and objectives.  Maintains knowledge of developments and trends in finance, tax and audit requirements applicable to the Bank.
    • Facilitates implementation of new finance systems and modifications of existing systems to reduce downtime and works with external vendors and internal stakeholders as needed.
    • Evaluates, develops, implements, and monitors regulatory compliance issues.  Coordinates audit related tasks with the Senior Finance Officer/Controller, ensuring audit and exam requests are addressed in a timely manner.  Performs operational audits to ensure compliance with established policies, policies, laws and regulations in preparation for external audits and regulatory exams.
    • Assists in the preparation and development of the Bank’s operating and capital budgets.  Analyzes the Bank’s operating budget on a monthly basis and provides reports to Controller identifying areas for improvement.
    • Maintains knowledge of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) regulatory requirements.  Ensures that management and staff members complete BSA related annual training in a timely manner and that all BSA procedures are followed when applicable.  Identifies and reports compliance related issues and suspicious activity.
    • Supervisory Scope: 2 direct reports

     

    Supportive Functions:

    • Performs related managerial, administrative and special projects as required or assigned to ensure the ongoing effectiveness of the accounting function.
    • Serves on various committees as required.
    • Participates in civic activities to promote growth and development in the community and a positive image for the Bank.
    • Performs related managerial and administrative functions as may be necessary to ensure the ongoing effectiveness of the accounting department.

     

     

    Contact our Human Resources Division or visit https://www.ecsb.com/about-us/careers for more details and to apply. 

    Or submit your resume to:

    Email: recruit@ecsb.com Fax: 617-252-6877 Phone: 617-354-7700

    East Cambridge Savings Bank, Attn: Human Resources

    344 Cambridge Street Cambridge, MA 02141

    East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled

  • 25 Days Ago

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Accounting Director
  • MYSTIC VALLEY YOUNG MENS CHRISTIAN ASSOC
  • Malden, MA FULL_TIME
  • Accounting DirectorThis position supports the work of the Mystic Valley YMCA, a leading nonprofit located in Malden, Massachusetts with a mission to strengthen our communities with relevant, continual...
  • Just Posted

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Accounting Director
  • Roessel Joy
  • Medford, MA FULL_TIME
  • Staff Accountant - Education - $38/hr -$41/hr Roessel Joy has partnered with a well known non-profit looking for an Accounting Director to join their growing team. You'd be overseeing a team of 3 and ...
  • Just Posted

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Director of Accounting
  • Mori
  • Boston, MA FULL_TIME
  • Director of AccountingLocation: Boston, MA (Hood Park, Charlestown)Schedule: Monday – Friday, Hybrid (must live within commuting distance of Boston, MA)Mori is a fast-paced anti-food waste Series B st...
  • 5 Days Ago

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Director of Accounting
  • Cognism
  • Boston, MA FULL_TIME
  • Cognism is a market leader in international sales intelligence. Access to our premium data, has helped a wide variety of global revenue teams change their approach to prospecting, resulting in predict...
  • 1 Month Ago

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Senior Global Development Scientist Director
  • 10001087 - Director Clinical Research
  • Boston, MA FULL_TIME
  • Job Title: Senior Global Development Scientist DirectorLocations: In Office in one of these locations - Boston Seaport, Warsaw PO, Barcelona SP or Mississauga CAAs a Senior Global Development Scientis...
  • 5 Days Ago

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Account Director
  • Stanton & Company
  • Los Angeles, CA
  • Stanton & Company is looking for a high-energy, results-driven and ambitious Public Relations Account Director to lead o...
  • 3/28/2024 12:00:00 AM

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Account Director
  • Clutch
  • Nashville, TN
  • Role/Title: Account Director Location: Hybrid, 4x week in office Salary: up to $120,000 Clutch Creative is a rapidly gro...
  • 3/28/2024 12:00:00 AM

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Account Director
  • Studio Rx
  • Job Summary: The Account Director (AD) is a strategic partner for clients and internal teams, drives projects/tactics, a...
  • 3/28/2024 12:00:00 AM

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Account Director
  • Indi Staffing Services
  • San Francisco, CA
  • Recognized as the leading software development company in the Americas, our client offers 100% remote modality and an ex...
  • 3/28/2024 12:00:00 AM

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Account Director
  • EMCOR Facilities Services
  • Oshkosh, WI
  • About Us: EMCOR Facilities Services (EFS), an EMCOR core business, services over 1 billion square feet of commercial spa...
  • 3/28/2024 12:00:00 AM

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Account Director
  • True Media
  • Columbia, MO
  • Open position in all True Media office locations including Kansas City, MO, Columbia, MO, St. Louis MO, and Minneapolis,...
  • 3/27/2024 12:00:00 AM

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Account Director
  • Net Natives
  • As an Account Director in the Client Services department, you will be pivotal in managing sales and driving growth withi...
  • 3/26/2024 12:00:00 AM

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Account Director
  • YuzuYello, an IPG Health Company
  • New York, NY
  • At YuzuYello (an IPG Health Company) we build brighter worlds for people who need them. The patient experiences we desig...
  • 3/25/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Accounting Director jobs
$208,600 to $287,383

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