Location: Newtown, CT

Newtown Savings Bank is seeking an accounting professional to join our Finance team in the role of Junior Accountant at our Newtown, CT, Corporate location. The Junior Accountant assists the Controller with journal entries, reconciliations, research, and reporting. This is an onsite opportunity at our Corporate office in Newtown, CT. This role has a remote option of one day per week.

PRIMARY RESPONSIBILITIES

• Daily responsibility for the balancing of both the Atlantic Community Bankers Bank (ACBB) account and the Federal Reserve Bank of New York (FRB) accounts which are each critical correspondent banks and involve complex processes and procedures.

• Also responsible for daily reconciliations of ACH Returns from FED, ACH Non- Fed Items, and other Correspondent Bank account reconciliations as necessary.

• Identify adjustments as required either through ACBB, FRB and/or the Clearinghouse. Collaborate with Retail/Deposit Operations and other departments in researching discrepancies and making the necessary adjusting entries.

• Serve as a backup operator for the Accounts Payable and Fixed Asset systems.

• Serve as a backup for CDARS and ZuntaFi posting sheets, Internal DDA reconciliations,. Serve as a backup for, Credit Card Settlement entries, Day 2 Balancing, and daily cash reconciliations as needed.

• Serve as a backup to ensure that all Balance Sheet General Ledger Accounts are reconciled and reviewed as scheduled. Responsible for reviewing the account reconciliation monthly reporting package, including a detailed list of items that have remained as reconciling differences for greater than 60 days.

• On a daily basis, balance all system applications, including application settlement, exception reports, and un-posted accounts, to the Bank’s General Ledger. Follow up with branches and other operating areas to resolve problems encountered.

• Assist Controller in performing ad-hoc financial analyses upon request of Senior Management. Assist with the quarterly gathering, consolidation, and reporting of the Key Performance Indicators (KPI’s).

• Review and forward requests to access the Ascend Accounts Payable System. Responsible for the monthly review of the User Entitlement report

• Serve as the primary reviewer of the Posted Journals Report on a daily Basis

• Act as backup for Accounting Specialist – Accounts Payable as required.

POSITION REQUIREMENTS

• Associate’s degree in Accounting/Finance and two to four years of experience, preferably in the banking/financial services industry; or other combinations of education and experience.

• Computer skills are required with proficiency in Excel and other Microsoft Office Products.

• Experience with automated general ledger system is beneficial.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Full time employees also receive a complete benefit package including a generous 401(k), medical benefits, paid time off, and short- and long-term disability programs.

Newtown Savings Bank is an equal opportunity and affirmative action employer regardless of race, gender, disability status, protected veteran status. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, age, marital status, national origin/ancestry, sexual orientation, gender identity, disability status, protected veteran status, or any other legally protected status.