Accounting Specialist- Fixed Asset and Lease Accountant

Ent Credit Union • Colorado Springs, CO

17d • $35 - $38

About The Position

This position is responsible for various general ledger posting and reconciliation processes and third-party settlement processing for the Credit Union. This position is also responsible for various month-end closing duties including but not limited to posting of accruals and adjustments to ensure compliance with Generally Accepted Accounting Principles (GAAP), and completion of month-end reconciliations for the Credit Union as well as providing training support, technical knowledge, and cross coverage for functions performed by Accounting Staff members In addition, schedules of various accounting activities must be maintained to facilitate the Credit Union's NCUA Examination and the External CPA Audit. This position is responsible for composing and maintaining department procedures for tasks assigned.

Requirements

• Bachelor's Degree in Accounting / Finance or equivalent preferred
• 2+ years' combined experience in an accounting function or related functions.
• 1+ years general accounting experience.
• Understanding of accounting principles and practices
• Knowledge of Financial reporting, and regulations
• Attention to detail and accuracy in numerical work
• Ability to analyze and reconcile financial data
• Organizational and time-management skills
• Effective communication skills, both written and verbal
• Ability to maintain confidentiality and handle sensitive financial information
• Ability to work collaboratively in a team environment
• Ability to manage multiple tasks and prioritize effectively
• Problem-solving mindset with a focus on solutions
• Ability to interpret and apply complex financial data to decision-making
• Interpersonal skills for interacting with clients, vendors, or senior staff
• Ability to identify process improvement strategies

Nice To Haves

• 5+ years' combined experience in an accounting function, financial services, or related functions; to include 3+ years' general accounting experience.
• 3+ years' experience in or relevant to the banking/credit union industry.

Responsibilities

• Specialty Focus Area: Role will have a "Specialty" related to the overall department.
• Fixed Assets: Responsible for maintaining the fixed asset subledger through timely recording of asset additions, transfers, retirements, and depreciation in accordance with company policy and GAAP. Manage the annual fixed asset inventory and monitor projects in process to ensure timely and accurate transition of completed projects to fixed assets.
• Leases: Responsible for maintaining and accounting for the lease portfolio in accordance with GAAP (ASC 842). Collaborate with other departments on lease activity, review lease agreements and amendments to identify and record appropriate accounting treatment, manage the lease accounting process and systems, as well as record monthly journal entries and reconcile lease subledgers.
• Investments & Derivatives: Responsible for maintaining accurate and complete accounting records for all investment and derivative transactions, timely and accurate reconciliation of all investment accounts and resolution of discrepancies, collaborate with other departments to support the credit union's investment strategies, and preparation of schedules and reports for auditors and examiners.
• Payroll: Responsible for processing bi-weekly and off-cycle payroll for all employees, reconciling various payroll accounts and resolving discrepancies, timely and accurate remittance of retirement contributions, and collaborating with Human Resources and Payroll to ensure proper accounting treatment for all pay codes.
• Member Payment Processing: Responsible for accurately processing and reconciling daily member payment activity across multiple channels, investigating and resolving payment discrepancies, collaboration with other departments to ensure timely and effective payment operations, supporting process improvement and efficiency initiatives, as well as preparation and maintenance of accurate records for internal reviews, audits, and exams.
• Perform assigned month-end processing and closing duties.
• Analyze, assess, calculate, and post accruals for assigned income and expense transactions to ensure compliance with GAAP.
• Prepare formal reconciliations to include appropriate supporting documentation.
• Prepare various schedules for regulators, auditors, and regulatory reporting.
• Participate in core release testing and assessments for accounting-related functions.
• Other job-related duties assigned commensurate with position grade, to include technical support and cross-coverage of other Accounting Specialists' tasks.
• Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Benefits

• Health Benefits: Affordable insurance, 24/7 doctor access, and a nationwide provider network.
• 401(k): 3% automatic contribution after three months, plus up to 6% matching.
• Paid Time Off: During your first year, enjoy 16 days of paid time off (PTO) plus 9 paid holidays. And it grows from there.
• Volunteer Time Off: Paid time off to give back to the community.
• Education Support: Up to $10,000 annually for higher education and assistance for certifications.
• Exclusive Discounts: Significant savings on home, car, and personal loans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees