Accounts Payable Specialist

Suffolk Credit Union•Town of Brookhaven, NY

11d

About The Position

Join our Finance team as the Accounts Payable Specialist and start empowering your possible! As a leader in the industry, Suffolk Credit Union offers superior value, unique products and personal service so our members have access to the best banking solutions around. And, just as we value our members, we value our employees! The Accounts Payable Specialist ensures the accuracy of the general ledger at Suffolk Credit Union. Reconciles activity and ensures timely and accurate financial reporting to internal and external contacts.

Requirements

Qualified candidates will have a Bachelor's Degree in Accounting, Finance, Mathematics, or related field. Equivalent work experience may be substituted for a Bachelor's degree requirement on a year-by-year basis. Three (3) to five (5) years of accounting experience, preferably in financial reporting or general ledger accounting.
Knowledge of financial and accounting theory
Knowledge of Generally Accepted Accounting Principles (GAAP) and Practices
Fundamental knowledge of the financial industry including an understanding of the Federal Reserve System, the check clearing process, and the legal theory of negotiable instruments
Ability to communicate and relate accounting procedures to non-accounting staff
Knowledge of accounting systems, financial analysis software, and electronic delivery systems
Demonstrated computer and software skills
Proficient skill with using and analyzing data with spreadsheet software
Ability to handle multiple and complex deadlines
Ability to express oneself clearly and articulately both orally and in writing
Skill in gathering, analyzing and compiling moderately complex financial and statistical data
Skill with independent problem-solving
Ability to exercise tact and responsibility with handling confidential information
Ability to lead other departmental staff
Ability to work with general supervision of daily activities

Responsibilities

Assists the VP/Controller and Managers by ensuring compliance with general accounting principles and adherence to governing rules and regulations by compiling and analyzing data and timely and accurate reporting
Performs the Accounts Payable function including ensuring compliance with Purchasing Policy, proper account coding, entering of vouchers and preparing disbursements via check, credit card payment, or ACH
Maintains vendor files, including W-9s, W-8s
Prepares and submits 1099 tax forms for vendors
Research and process adjustments as needed
Reviews, reconciles and posts employee credit card expenses and reimbursements
Accurately code, post, and reconcile prepaid expenses.
Maintaining schedules to ensure correct amortization
Prepare and post month-end accruals
Prepares monthly, reports including income statement variance reports
Assists with the preparation of the quarterly 5300 report
Assists with the annual budget process
Backs up other departmental staff as necessary
Achieves a minimum of "Satisfactory" rating on internal audits and examinations
Achieves the credit union's mission by completing relevant duties as needed when requested by management or other staff members