Payments Accounting Specialist

Dow Credit Union•Midland, MI

8d•Onsite

About The Position

Dow Credit Union is seeking a detail-oriented Payments Accounting Specialist with a strong understanding of financial transactions and reconciliation, and experience processing ACH, wire transfers, and share drafts. This role is within a supportive organization that invests in its employees and offers opportunities for a long-term career in the financial industry. The position offers competitive pay starting at a minimum of $25 per hour, along with benefits such as quarterly and annual incentives, medical, dental, vision, a 401(k) plan, paid holidays, and paid time off (PTO). Dow Credit Union has a mission to serve its members with excellence and innovation, focusing on providing the best value and service. They aim to hire and retain loyal, team-oriented employees who demonstrate care for members, integrity, and professionalism, offering competitive pay, excellent benefits, and a positive work culture that encourages diversity, equity, and inclusion.

Requirements

Associate's degree required (or equivalent experience in accounting or financial operations)
2-4 years of general business experience, with at least 1 year in an accounting or ACH environment preferred
Strong understanding of NACHA Rules, UCC, and federal regulations related to ACH, checks, and wires
Proficiency in Microsoft Office, particularly Excel (intermediate formulas)
Analytical and problem-solving skills with a keen attention to detail
Ability to communicate accounting processes clearly to non-accounting staff
Experience handling confidential financial information with discretion

Nice To Haves

Accredited ACH Professional (AAP) or National Check Professional (NCP) certification preferred

Responsibilities

Process daily member transactions, including ACH, share drafts, wire transfers, and instant payments
Reconcile reports for ACH transactions, Notice of Changes (NOCs), share drafts, and overdrafts
Investigate and resolve discrepancies with vendors, bank representatives, and internal teams
Maintain and reconcile general ledger accounts, including VISA activity and fixed assets
Process invoice payments, research account issues, and ensure proper authorizations
Support the accounting department with journal entries and loss claims