Financial Reporting Specialist

Needham, Massachusetts
Mar 26, 2024
Apr 25, 2024
Full Time

Needham Bank is a leading public financial institution dedicated to providing exceptional banking services to our clients. What excites us most about banking is the opportunity to help people build their dreams both personally and professionally. We have worked to help our communities grow and develop with best-in-class products and services that make it possible for anyone to dream, do and build almost anything. As we continue to grow and expand our operations, we are seeking a highly skilled and motivated individual to join our finance team as a Financial Reporting Specialist.

Summary: Support the Bank’s accounting, financial reporting and internal control functions. Ensure accurate and timely completion of financial reporting and asset liability management.


  • Prepare all SEC Filings, including 10-Ks, 10-Qs and 8-Ks, ensuring compliance with SEC regulations and GAAP.
  • Assist in the preparation of the quarterly earnings releases.
  • Assist in the preparation of complex accounting areas/estimates, including but not limited to:
    • Income Tax Provision
    • Stock Compensation
    • Earnings per Share
    • ESOP
    • Charitable Foundation
  • Participate in compiling the monthly financial reporting package to facilitate management review and analysis.
  • Assist in providing accounting and reporting information to our third-party ALCO consultant including:
    • Assisting with the development of our ALCO assumptions
    • Participation in the ALCO process with the Bank’s third-party consultant
    • Compile the reporting package for the ALCO committee meetings
    • Plans to drive the process going forward
  • Assist in the maintenance and performance of the Bank’s FDICIA/SOX internal control program.
  • Provide ad hoc accounting information, analysis and reporting in response to management needs.
  • Perform peer group performance analysis and update on an ongoing basis.
  • Assist with all internal and external audits, as well as regulatory examinations, as deemed necessary.
  • Provide support, guidance and mentorship of members of the accounting/finance team and steward an environment of collaboration and high performance.


  • Strong knowledge of SEC and Regulatory reporting in a Banking environment.
  • Expertise in GAAP, whether from a public accounting or Banking environment.
  • Must possess the ability to analyze financial data and provide recommendations to facilitate growth and profitability for the Bank.
  • Excellent written and verbal communication and interpersonal skills.
  • Strong focus on collaboration and ability to thrive in a team environment.
  • Ability to work independently and multi-task in a fast-paced environment.
  • Drive to continuously learn and improve.
  • Strong attention to detail and accuracy.
  • Ability to Adhere to the Bank’s Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to your Community, Always Learn and Do the Right Thing).