SUMMARY: 

Performs a variety of specialized accounting functions in conformance with generally accepted accounting procedures (GAAP) and established bank policies & procedures for bank, subsidiaries, holding company, and the Cape Cod 5 Foundation, Inc. Acts as a backup to other positions in the department as necessary.

In addition, the position ensures compliance with all bank policies and procedures as well as all applicable state and federal banking regulations.

ESSENTIAL JOB FUNCTIONS / RESPONSIBILITIES:

• Process approximately – 300 - 350 invoices/employee reimbursements on a weekly basis, according to Bank policy and procedures.
• Responsible for understanding the Bank’s procedures for payment, including but not limited to significant compliance, legal, and/or policy considerations.
• Responsible for understanding the Bank’s chart of accounts and ensures the appropriate use of general ledger accounts, including the consistency for which they are used on a responsibility center basis.
• Ability or ability to learn to identify fixed assets in order to ensure they are accounted for accurately. Ensure “Purchase Orders” are created for capital expenditures when required by internal policy.
• Ability or ability to learn to identify prepaid assets to ensure they are accounted for accurately.
• Review and balance the Accounts Payable general ledger and DDA account.
• Post general ledger journal entries.
• Research external vendor and/or internal customer questions.
• Assist with preparation of annual 1099 forms.
• Understand the documentation expectations of the IRS, regulators, and Bank policy & procedures. Be able to communicate expectations with employees and managers to ensure that appropriate documentation is included with invoice and other payment submissions. 

QUALIFICATIONS:

• Associate’s degree or equivalent with related experience and/or training; or the equivalent combination of education and experience.
• Related Accounts payable or accounting experience preferred but not required. Basic knowledge of related state and federal banking compliance regulations, and other Bank operational policies. 
• Effective verbal, written and interpersonal communication skills.
• Proven ability to work within a collaborative team environment.
• Knowledge of or ability to learn general ledger, accounts payable, and fixed asset, and various other systems and controls.
• Knowledge in Microsoft Excel required. Knowledge in other MS Office applications preferred. 
• Effective organizational and time management skills.
• Must have cyber security awareness to protect the digital environment, the Bank, and customers.