Accountant II

Tower•Laurel, MD

About The Position

The Accountant II applies accounting principles to prepare balance sheet general ledger reconciliations, identify and resolve errors and irregularities, and maintain accurate accounting records for Tower Federal Credit Union (TFCU) and its service organizations. The role prepares internal and regulatory reports, processes incoming wire transfers, and takes a lead role in supporting Accountant I staff and department initiatives, including software integration and collaboration with other business lines on reconciliation issues. The position maintains fixed-asset and prepaid-asset records, supports month-end close and financial reporting, and helps ensure reconciliations are completed accurately and on time. It also analyzes accounting procedures, develops process improvements, and provides guidance to account custodians and entry-level accountants. The role requires regular, reliable attendance and the ability to handle sensitive and confidential information. The stated core schedule is Monday through Friday, 8:00 a.m. to 4:30 p.m., though it may vary according to business needs and may extend beyond the defined schedule when operating conditions dictate.

Requirements

Bachelor’s degree in Accounting or Finance plus 3 years of directly related experience, or 7 years of related experience in a financial institution.
Solid working knowledge of transaction flows for accounting processes affecting the general ledger.
Ability to prepare accurate reconciliations for balance sheet general ledger accounts, resolve outstanding items promptly, and create reconciliations for new general ledger accounts.
Proficiency with advanced Excel features, including complex functions such as average, round, if/then, links, and recording macros.
Ability to perform property management accounting, including liaising with property managers on invoice coding, month-end accounting, capital-asset classification, quarterly funding, and variance tracking.
Ability to provide supporting documents for annual external audits and NCUA examinations.
Ability to set up automated balance sheet reconciliations using Prologue Frontier.
Ability to manage accounting for a wholly owned CUSO.
Strong independent problem-solving, research, and discrepancy-resolution skills for balance sheet and income statement general ledger accounts.
Ability to maintain regular, reliable, and timely attendance; handle and safeguard sensitive and confidential information and equipment; sit, stand, and walk for extended periods; and operate office equipment with sufficient dexterity and vision.
Ability to lift up to 15 pounds, with or without assistance.
Ability to work hours beyond the defined schedule when operating conditions require.
TFO Security Clearance required.

Responsibilities

Maintain fixed-asset and prepaid-asset subsidiary systems and record depreciation transactions.
Compile financial reports and reconcile source documentation to the general ledger, including preparing appropriate month-end entries.
Monitor daily transaction flows between supporting systems and the general ledger; identify and resolve errors, omissions, and irregularities.
Analyze account-custodian reconciliations, advise custodians on reconciliation procedures, and help departments resolve accounting issues.
Prepare periodic reports on reconciliation status, ensure submissions meet deadlines, and notify accounting management of problematic accounts.
Participate in month-end close and prepare board and regulatory reports.
Analyze and research general ledger accounts and prepare journal entries supporting close and financial statement presentation.
Prepare reports using accounting systems, from initial design through analytical review of results.
Analyze and document accounting procedures and practices, suggest efficiency improvements, and independently develop procedures related to accounting processes.
Maintain the fixed-asset register, resolve discrepancies, and prepare monthly reconciliations and audit lead schedules.
Guide entry-level accountants on fixed-asset useful lives in accordance with TFCU policy and IRS guidelines.
Serve in a lead role supporting Accountant I staff on system issues and department initiatives.
Process TFCU incoming wire transfers.
Perform other duties as assigned.