Passumpsic Savings Bank
  • 05-Apr-2021 to Until Filled (MST)
  • Accounting
  • St Johnsbury, VT, USA
  • Full Time

Medical, Dental, Life Insurance, Disability Insurance, 401k

Passumpsic Savings Bank is looking for a bright, energetic and highly motivated individual to join our organization as an experienced Assistant Finance Officer at our St Johnsbury Center office.

The right candidate will be responsible for assisting the Treasurer/Controller in maintaining the financial records of the Bank and is involved in various other finance department reporting and committee requirements. Other areas of responsibilities include assistance or support with the asset and liability positions of the Bank, fixed income purchase and sales within portfolio management, monitoring of liquidity and borrowing positions, financial modeling support, and other financial affairs of the Bank. Position will cross train and serve as backup to the Treasurer/Controller position as needed.

Essential Job Responsibilities:

  • Supports the financial and reporting functions within the department and serves in a leadership role under the direction of the Controller and Chief Financial Officer.
  • Assists in the preparation and monitoring of monthly financial statements of all entities.
  • Assist in bank financial projections for business lines, growth goals, yield and margin review or other projections as needed.
  • Involved in the maintenance and balancing of the general ledger chart of accounts and integration into all subsidiary systems as well as 3rd party tools used in financial processes, monitoring, and reporting.
  • Assist the Controller or CFO in financial analysis or review
  • Involvement in the review of fixed income investments and preparation of documents for investment purchase and sale.
  • Work with and assist the Controller and CFO to prepare applicable asset and liability management (ALM) reports. Be involved in ALCO model validations and testing
  • Prepare various Board of Director and management reports
  • Support strategic plan initiatives in data support role


Finance or Business degree with minimum four years experience in financial or accounting related fields. Banking and/or tax experience are preferred but not required. The following skills are needed for this position:

  • Excellent analytical and financial reasoning skills.
  • Candidate must possess strong organizational skills, ability to adapt to changes, and ability to communicate and prioritize work.
  • Well developed verbal and written communication skills.
  • Accurate with problem solving, conceptual reasoning and knowledgeable of or ability to research and apply related laws and regulations.
  • Willingness to work and train with others
  • Ability to work effectively in both independent and team settings
  • Willingness to take on new responsibilities and assignments
  • Ability to meet deadlines.
  • Ability to manage and coordinate multiple projects

We offer competitive wages, strong benefits, Insurance, 401(k) with company match, paid earned time off, paid training, and more

With a full line of financial products and services, as well as expert financial advice, we're a proven partner in the prosperity of our communities. We focus on improving the world around us with a sincere commitment to our customer's success.

We are a workplace that highly values the contributions of our people. We believe if we work together, we can accomplish amazing feats for our community. To this end, we recruit bright, energetic and talented people to be members of our team. In return, we offer a dynamic work place that presents opportunities for advancement and learning new skills. We really believe that when our employees succeed, everyone wins.

If you have questions about this position description, please feel free to ask.

Member FDIC

Equal Opportunity Employer - Minority/Female/Disability/Veteran

Passumpsic Savings Bank
  • Apply Now

    with our quick 3 minute Application!

  • * Fields Are Required

    What is your full name?

    How can we contact you?

  • Sign Up For Job Alerts!

  • Share This Page
logo Personal Business Lending Investing locations icon