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          Premier Event
          2025 Annual Meeting

          Join us for our highly anticipated Annual Meeting, Greater Boston's top business convening of the year.

          05/20/2025

          4:30pm - 8:00pm

          Omni Boston Hotel

          arrow-go
          Read More
        • ...
          Pacesetters
          Doing Business with Columbia Construction

          This virtual event gives small business owners the chance to hear directly from procurement officers about opportunities to work with them.

          05/29/2025

          12:00pm - 1:00pm

          Virtual

          arrow-go
          Read More
        • ...
          City Awake
          Art of Connection: An Evening at the Museum of Fine Arts, Boston

          Join us for an exclusive networking event at the Museum of Fine Arts and enjoy self-guided tours of John Wilson and Van Gogh, showcasing the deep bond of family, friendship, and community.

          06/05/2025

          5:30pm - 8:30pm

          Museum of Fine Arts

          arrow-go
          Read More
  • Learning & Development
        • Learning & Development

          • Overview
          • Call for Nominations
          • Insights
        • Transformational DEI Certificate

          This program is in redevelopment. Click this page for DEI resources.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Authentic Professionalism for Early Career Professionals

          Join us on June 12 for a highly interactive virtual workshop with Strategic Career & Leadership Coach Carole-Ann Penney.

          Read More
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          • Overview
          • Pacesetters
          • Resources
        • ...
          Economic Inclusion
          City Awake

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          arrow-go
          Read More
        • ...
          Economic Inclusion
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          arrow-go
          Read More
        • ...
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          Read More
          BIMA

          BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.

          Read More
          Women’s Network

          For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.

          Read More
          Massachusetts Apprentice Network

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          Read More
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

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Accountant I (AP/AR)

Posted: 05/12/2025
Accounting

The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region.

Our highly skilled team of 200 is innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.

Position Summary
The Accountant I reports to the AVP/Senior Accounting Manager and supports the team in maintaining accurate and reliable accounting records and preparing accurate and timely financial reports.  The Accountant I is responsible for the timely processing and accounting of the Bank's accounts payable disbursements according to established procedures and guidelines. 

This role will have a hybrid work schedule in our Boston office in accordance with the Bank’s Hybrid Work Program. More time will be expected in the office to support onboarding initially, up to 90 days.

Specific Responsibilities
Accounts Payable/Accounts Receivable

  •   Processes all accounts payable invoices, ensuring proper accounting
  •   Receive and examine all invoices, enter into Workday to route for proper authorization
  •    Responsible for reviewing expense reports, ensuring the documentation of expenses is proper and verifies that submitted expenses comply with the Bank’s Travel Policy
  •    Prepare and issue payments to all payees
  •    Communicate with suppliers and Bank staff to resolve any issues related to accounts payable
  •    Setup new suppliers in Workday, ensuring proper tax documents and bank information are received
  •     Analyzes receivable and payable general ledger accounts on a monthly basis:
    •    Prepare monthly reconciliation of outstanding items
    •    Resolve/clear aged items that remain in these accounts
General Accounting Duties
  •  Maintains accounting and control of fixed assets activity and ensures proper depreciation expense is recorded monthly
  •   Analyzes additional general ledger accounts and reconciles differences with subsidiary ledgers in conjunction with the month-end closing process 
  •    Prepare deposits for all checks received and ensure proper recording in Workday
  •    Assist in the month end closing process
  •   Prepare annual Form 1099 for accounts payable disbursements made to individuals
  •    Process directors’ fees (deferred) and maintain directors’ fees and expense schedule
  •    Assist with identifying taxable fringe benefits
  •    Responsible for the daily general ledger postings, clearance of all daily balances in suspense accounts, and publishing of the daily statement of condition.
  •    Responsible for completing daily cash reconciliations
  •    Assist in new Workday functionality testing or related projects as needed
  •    Other duties, as assigned
 
Education
  • Associate’s Degree in Accounting, Finance or related discipline preferred or relevant work experience
Background
  • 1+ year experience in accounts payable is expected
  • Ability to use Microsoft productivity software such as Excel and Word
  • Ability to work in a dynamic and collaborative work environment
  • Effective corporate communications skills
  • Ability to multitask and meet deadlines while maintaining accuracy
  • Strong attention to detail and solid analytical skills a must
  • Workday experience a plus
 As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation. 
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Accountant I (AP/AR)
Federal Home Loan Bank of Boston
Scott Barker
  • 800 Boylston Street, Flr. 7 Boston MA 02199
  • (617) 292-9600
  • Send Email
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Additional Postings available from Federal Home Loan Bank of Boston

Senior Internal Auditor

Event Manager

Director, Vendor Management

(Senior) Financial Strategist

Collateral Analyst

Executive Administrator/Assistant

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