Junior Staff Accountant

Job Description

Junior Staff Accountant | Addition Management

The Tone:
This is an in-person role at Addition Management, located in New York, NY. Addition Management operates as an NYC based Savings Bank, providing essential financial services to its community and subsidiaries. This Junior Staff Accountant position is crucial for maintaining the bank’s financial integrity, ensuring accurate record-keeping, and supporting key reporting functions that drive informed decision-making across the organization. The role involves detailed financial tasks and contributes directly to the bank’s operational and regulatory compliance.

The TL;DR
• Role: Early Career
• Location: In-person New York, NY
• Pay: $60000–$70000 yearly
• Mission: This role is responsible for the accurate recording and reconciliation of financial transactions to support timely and reliable financial reporting for the bank and its subsidiaries.
• Tech Stack: MS Excel, Word, Outlook

What You’ll Actually Do
• Financial Record Management: Record journal entries and prepare comprehensive account reconciliations on a regular basis.
• Reporting & Analysis Support: Assist in the month-end closing process, support financial reporting activities, and contribute to variance analysis.
• Asset and Lease Accounting: Maintain the bank’s fixed asset accounting, including recording new assets, tracking existing ones, and calculating depreciation; also manage lease accounting processes.
• Tax and Compliance Filings: Prepare assigned quarterly Call Report schedules, monthly Sales Tax returns, and quarterly commercial rent tax returns, while also assisting with annual real estate tax protest processes.
• Budget and Audit Assistance: Support the development, review, and analysis of the Company’s consolidated financial budget and forecasts, and assist internal and external audits by providing financial information and analysis.

The Must-Haves
• Background: Bachelor’s degree in Accounting or a related field, coupled with a solid knowledge of financial accounting principles and concepts.
• Experience: Demonstrated ability to perform data mining, analysis, and reporting effectively to extract insights from financial information.
• Skills: Proficiency with Microsoft Excel, Word, and Outlook, alongside the capacity to manage and successfully complete multiple tasks while adhering to set deadlines.