Parsippany-Troy Hills, NJ, USA
27 days ago
Staff Accountant
About Blue Foundry Bank This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers…We are a Bank that Gets Things Done. At Blue Foundry Bank we invest in the well-being of our most prized asset…our employees! We provide a robust array of programs and benefits to help employees advance their careers and enhance the quality of their lives. Our experiential learning and development program ensures employees are on track to grow their career as of day one. In addition, our comprehensive compensation package includes: medical, dental, and vision coverage; life insurance, short- and long-term disability insurance; 401(k)/Roth with company match up to 5%; paid time off, and 11 paid holidays; employee referral bonus; and educational reimbursement. Position Summary The Staff Accountant is responsible for the preparation and analysis of general ledger entries and other accounting functions. In this role you will prepare various daily entries to include treasury stock purchases, investment purchases, maturities, correcting entries, amongst others. Primary Responsibilities + Analyze and prepare monthly prepaid, expense accrual and other general ledger entries including but not limited to investment accruals and stock-based compensation. + Responsible for lease accounting, adding and maintaining leases and generate general ledger entries in the lease accounting software. + Review and post workflow expense accruals from the Accounts Payable module. + Import automated entries into Prologue, including property management expenses and ADP payroll. + Maintain fixed assets, including set up and maintenance on Prologue, maintain inventory for individual locations and departments, prepare depreciation schedules for corporate tax returns. + Analyze and prepare monthly accrual entries and quarterly fair values of ESOP(Employee Stock Ownership) + Assist with the accounting for various subsidiaries, preparing journal entries as necessary. + Responsible for oversight and maintenance of the general ledger systems. + Maintenance of procedures related to job responsibilities. Ancilary Functions + Input wire transfers as needed. + Respond to internal and external audit inquiries. + Backup Finance and Accounting staff as needed. + Perform other duties as assigned. Position Requirements + Bachelor’s degree in Accounting + 2+ year of accounting or related experience + Working knowledge of accounting principles + Strong analytical, communication, organizational, interpersonal and time management skills + Knowledge of MS 365, Word, Excel, and general ledger system + Knowledge of financial institution policies and procedures All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.
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