Junior Staff Accountant

Job Description

Junior Staff Accountant | Addition Management

The Tone:
This is a full-time role at Addition Management, located in New York, NY. The company is an NYC-based Savings Bank seeking a Junior Staff Accountant to contribute to their team. This role is crucial in supporting the bank’s core financial operations, ensuring accuracy in reporting, and contributing to the overall financial health and compliance of the institution and its subsidiaries. The position provides an opportunity to develop foundational accounting skills within a regulated financial environment.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person New York, NY
• Pay: $60000–$70000 yearly
• Mission: Supports the accurate financial reporting, budgeting, and operational analysis for a savings bank and its subsidiaries.
• Tech Stack: MS Excel, Word, Outlook

What You’ll Actually Do
• Core Accounting: Record journal entries and prepare comprehensive account reconciliations to ensure financial accuracy.
• Financial Reporting & Analysis: Assist with month-end closing processes, prepare financial statements, and support budget and variance analysis for the bank and its subsidiaries.
• Asset & Lease Management: Maintain fixed asset accounting, including recording acquisitions, tracking assets, preparing depreciation, and overseeing lease accounting for both company assets and tenant contracts.
• Tax & Compliance: Prepare various tax and regulatory schedules, including quarterly Call Reports, annual real estate tax processes, monthly Sales Tax, and quarterly commercial rent tax returns.
• Audit & Support: Provide essential financial information and analysis to support internal and external audits, and offer backup for Accounts Payable and Secondary Market functions.

The Must-Haves
• Background: Bachelor’s degree in Accounting or a related field, with foundational knowledge of financial accounting principles and concepts.
• Experience: Proficiency with MS Excel, Word, and Outlook, coupled with the ability to perform data mining, analysis, and reporting.
• Skills: Demonstrated ability to set and meet deadlines, along with a strong capacity to manage and successfully complete multiple tasks simultaneously.