Division: Finance
Department: Finance
Status: Exempt
Grade: 10
Salary Range: $60,805 - $101,245
Actual compensation within the pay range will be decided based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: Hybrid - Boston, MA - 131 Clarendon St
Principal Objective
Supporting the Financial Reporting team within the Company’s Corporate Finance and Accounting group, this position offers many opportunities related to internal and external SEC and banking regulatory reporting.
Principal Duties and Responsibilities
- Produces internal monthly and quarterly financial management and board reporting packages:
- Prepares Board Package, which cover financial information for the Company and each of the two bank subsidiaries. Financial information included in the Board Package includes balance sheet, income statement, budget-to-actual comparison, key financial ratios, yields and costs calculation, and rate-volume analysis.
- Coordinates GL data pull during monthly close to populate financial information. Processes data feeds from various departments for reporting purposes. Resolves errors and omissions. Identifies items for further analysis.
- Writes narrative analyses of monthly and quarterly financial results.
- Prepares schedules for the quarterly Press Release, 10-Q and annual 10-K for filing with the SEC.
- Uses knowledge from monthly Board Package to facilitate quarterly SEC disclosures and discussions. Ensures documents are consistent across all financial reporting deliverables, both internal and external.
- Assists with deliverables and ensures timely submission to facilitate internal and external audit work.
- Prepares bank regulatory reporting schedules, including but not limited to: Call Report, FRY9C, FRY9LP, FRY10, FRY8, FRY6, FR2900, and FR2644.
- Prepares daily management reports: Balance Sheet and Deposits.
- Assists GAAP/SEC/AICPA research and analysis under supervisor’s direction regarding new or revised financial reporting requirements and special reporting projects. Stays informed of SEC, SOx and regulatory changes, interpret those changes into reporting requirements and implements corporate-wide processes to gather and report the data.
- Interacts with departments outside of Corporate Finance and Accounting. Ensures information and work papers provided by other departments are properly reviewed and signed-off prior to incorporating into the Company’s financial reporting deliverables. Maintains tied-out schedules and work papers for reporting documentation.
- Looks for opportunities to improve current processes, and collaborates with others in the Financial Reporting Team in the execution of the process improvements.
- Assumes additional responsibilities as appropriate.
Job Specifications (Skills, Knowledge and Abilities Required)
- Bachelor’s degree in Finance or Accounting.
- Banking or CPA firm experience a plus.
- Aptitude with computer software (MS Word, Windows, Excel, and database systems) is required.
- Ability to work independently and within deadlines, but a willingness to ask questions to ensure proper understanding of tasks.
- Strong organizational skills, initiative and good judgment.
- Strong written communication skills.
- Willing to work additional hours during peak periods. (Peak periods follow each quarter end)
Behavioral Skills:
- Consistently demonstrate behaviors associated with Brookline Bancorp’s Core Four values: adaptability, accountability, leadership, and teamwork.
- Detail oriented and Punctual
The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.
We endeavor to make this site accessible to any and all users.
Berkshire Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.