Staff Accountant

Job Description

Staff Accountant | Metropolitan Commercial Bank

The Tone:
This is a full-time, hybrid role at Metropolitan Commercial Bank, primarily located in the New York City Metropolitan Area with a 4-day in-office presence and one remote day per week. Metropolitan Commercial Bank is a New York City-based, full-service commercial bank, founded in 1999, providing tailored banking solutions to businesses, institutions, and individuals across its banking centers in New York, New Jersey, and Florida. The bank has earned national recognition for its financial performance, innovation, and strategic growth, including being named one of Newsweek’s Best Regional Banks. This Staff Accountant position is crucial for supporting the corporate controller’s team by independently managing month-end procedures and performing precise balance sheet reconciliations. The role demands a self-starter who aligns with the bank’s client-focused culture, values technological innovation, and thrives in a small company environment, contributing to the responsible integration of technology and AI.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid – New York City Metropolitan Area
• Pay: $65000–$75000 yearly
• Team: Reports to the Assistant Controller, supporting the corporate controller’s team.
• Mission: To accurately support the corporate controller’s team by processing month-end financial procedures and performing balance sheet reconciliations.
• Tech Stack: Microsoft Office (Outlook, Excel, Word), M-Files, Concur

What You’ll Actually Do
• Financial Closing: Prepare and execute comprehensive month-end close procedures on a timely basis, which includes accurately generating journal entries in the general ledger and performing detailed analysis of variances in account balances.
• Reconciliation & Resolution: Perform assigned daily and monthly balance sheet reconciliations using M-Files, promptly investigating and clearing any reconciling items through consistent communication with departments such as Loan Servicing, Cash and Deposit Operations, and Human Resources.
• Vendor Compliance: Execute OFAC compliance reviews for all new vendors as well as the regular vendor listing to ensure adherence to regulatory standards and internal policies.
• Audit Preparedness & Improvement: Drive audit compliance within the specific financial areas for which you are responsible, concurrently managing and improving existing documentation procedures related to these assigned activities.
• Accounts Payable Processing: Analyze and accurately process accounts payable invoices within the Concur software system, ensuring proper recording and timely payment.
• Ad Hoc Support: Contribute effectively to various special projects and fulfill ad hoc requests from the corporate controller’s team, demonstrating adaptability and a proactive approach.

The Must-Haves
• Background: Hold a Bachelor’s Degree in Accounting, coupled with a solid working knowledge of Generally Accepted Accounting Principles (GAAP) and specific bank accounting principles.
• Experience: Possess 1-3 years of direct experience within a banking environment, with the qualification of being a CPA or actively seeking CPA certification highly valued.
• Skills: Demonstrate PC proficiency, including strong practical skills in Microsoft Office applications such as Outlook, Excel, and Word; exhibit the ability to complete tasks efficiently and work autonomously; possess excellent verbal and written communication skills, along with a strong service and team orientation. A passion and curiosity for continuously learning how various technological systems, including AI, can enhance work is essential.
• Bonus: Prior experience utilizing Finxact core banking and Prologue general ledger systems is considered a significant advantage.