Accounting Specialist

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.

Responsibilities

• Post, analyze, and reconcile activity for assigned accounts to ensure accounts reflect the appropriate balances and postings comply with Generally Accepted Accounting Principles.
• Perform the daily reconciliation of portfolios and related general ledger accounts.
• Complete tasks timely and accurately.
• Work closely with various cross-functional staff and management to research and resolve differences.
• 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.

Requirements

• Bachelor's Degree in Accounting / Finance or equivalent preferred.
• 2+ years' combined experience in an accounting function or related functions. Required.
• 1+ years general accounting experience. Required.
• 5+ years' combined experience in an accounting function, financial services, or related functions; to include 3+ years' general accounting experience. Preferred.
• 3+ years' experience in or relevant to the banking/credit union industry. Preferred.

Nice-to-haves

• 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.

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.