Senior Accountant

Valley First Credit Union•Modesto, CA

21h•$35 - $43

About The Position

To take an active role in overseeing complex accounting functions, ensuring accurate financial reporting, maintaining strong internal controls, and supporting regulatory compliance requirements. The primary responsibilities of this role include leading key aspects of the monthly close process, performing advanced reconciliations, supporting audits and regulatory reporting, and providing guidance to accounting staff. This role ensures accounting activities are performed in accordance with Generally Accepted Accounting Principles (GAAP), regulatory requirements, and organizational policies. This position will report to the Accounting Manager and provide support to the CFO, Director of Financial Planning and Analysis, and other departments to complete projects and tasks as assigned.

Requirements

Five to ten years of similar or related experience, preferably within a financial institution or credit union
Bachelor's degree in accounting or accounting certification strongly preferred
Working knowledge of accounting practices
Proficient in the use of MS Office products
Strong written, verbal, and interpersonal communication skills
Technical aptitude to understand complex programs and applications.
Maintain knowledge of rules and regulations that govern credit unions including but not limited to, BSA, OFAC and Reg. CC.
Ability to work independently with little or no supervision
Detail-oriented, organized, accurate and ability to adapt to change.
Excellent decision making and time management skills.
Well-developed analytical and problem-solving skills.
Ability to trouble-shoot problems and research capabilities of current or proposed products.

Responsibilities

Lead and perform complex reconciliations of assigned general ledger accounts, ensuring timely resolution of discrepancies and prevention of aged items.
Review and certify daily general ledger balances.
Investigate and resolve out-of-balance conditions, coordinating with appropriate personnel to correct errors and system issues.
Balance accounting systems to the core system (e.g. nCino, Blackline) and reconcile month-end balances to the trial balance.
Oversee accounting for loans purchased and sold in the secondary market in accordance with GAAP and management guidelines.
Process and reconcile settlements of purchased and third-party loans.
Maintains investment system, including preparation of monthly reconciliations and journal entries.
Ensure complete and accurate documentation is maintained for each investment and all investment activity.
Lead assigned areas of the monthly close process, including preparation and review of journal entries and reconciliations.
Prepare and analyze monthly financial statements.
Research and resolve financial statement variances, reporting findings and recommendations to Management or the CFO.
Assist in the annual budget process.
Assist in the preparation and initial review of the NCUA Call Report, ensuring completeness, accuracy, and timely submission.
Prepare and perform initial review of the annual property statement filing, ensuring timely submission following management approval.
Ensure compliance with GAAP, NCUA regulations, and internal accounting policies.
Maintain and document policies, procedures and workflows for assigned areas of responsibility.
Participate in annual audits and regulatory exams, coordinating deliverables are provided by department in a timely and accurate manner.
Collaborate with other stakeholders to ensure accurate financial reporting (lending, branch operations, commercial lending, etc.)
Support the maintenance and strengthening of internal controls over financial reporting.
Oversee ATM settlement process and reconciliation of ATM settlements to Co-op and armored service provider reports.
Oversee Transfer and reconciliation of digital teller cash entries to ITM change funds and ITM clearing account.
Provide training, guidance, and support to Accounting staff to promote their professional development and accuracy.
Review work prepared by staff accountants as assigned.
Serve as subject matter expert for assigned accounting functions.
Provide backup coverage for account department functions as needed.