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City of Boston · 2 days ago

Principal Accountant (Trust Accounts)

Boston, MA

Full-time

Onsite

Lead/Staff

City of Boston is seeking a Principal Accountant to analyze and interpret financial data and statements. The role involves maintaining trust accounts, preparing financial statements, and assisting with annual audits.

Government

H1B Sponsor Likely

Responsibilities

Maintaining and balancing trust accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies

Assist in the annual Trust audit

Maintain general ledgers, preparing trial balances, and reconciling entries

Summarizing financial statements and preparing balance sheets

Recording daily Trust fund cash flows, setting up payments, and sending transmittals to the bank

Run standard and custom reports, identify and correct variances as necessary

Review year-end financial statements

Processes checks for deposit and similar transactions, including e-deposit transactions

Assist with data entry and spreadsheets

Processes vendor payments

Performs related work as required

Qualification

Trust accounting experienceFinancial statement analysisAccounting principlesMicrosoft Office proficiencyPeopleSoft experienceDiversity awarenessEffective communicationProject management

Required

A bachelor's degree in accounting, finance, business, public administration, or a related field is preferred

Strong knowledge of bank operations, financial transactions, financial record keeping, audits, and accounting functions

Comprehend general accounting principles and practices

Strong understanding of financial statements, reports, accounting ledgers, and journals

Perform detailed work accurately and promptly

Proficiency in Microsoft Office and Google Suite

Experience in PeopleSoft

Ability to work in a diverse environment, communicate effectively with the remainder of the Treasury team

Capable of completing several projects simultaneously and working independently

Strong and effective communication skills

Preferred

Experience in trust accounting is a plus

Company

City of Boston

City of Boston is a government agency.

Founded in 1630

Boston, Massachusetts, USA

10001+ employees

https://www.boston.gov/

H1B Sponsorship

City of Boston has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (13)

2024 (8)