Staff Accountant - Balance Sheet

Wings Credit Union•Apple Valley, MN

6d•Onsite

About The Position

This role is responsible for maintaining adherence to corporate, accounting, and Generally Accepted Accounting Principles (GAAP) in the timely and accurate processing, reviewing, and preparing of complex general ledger and bank reconciliations. The position involves completing project work with tight deadlines and serving as a guide and resource for credit union staff. The Staff Accountant plays a key role in the monthly, quarterly, and annual close processes, ensuring accuracy and timeliness. Responsibilities include reviewing, auditing, and maintaining a complete and accurate general ledger, including complex reconciliations, member rewards and VISA deposit account balances, and journal entries for various expenses and compensation. The role also involves daily branch and ATM check processing, reviewing vault cash and over/short transactions, completing and entering federal and state tax withholding payments, and resolving monetary transactions in the unposted account. Ensuring Balance Sheet accounts have correct balances at month-end, reviewing and auditing mortgages in funding status, reviewing and auditing accounts over 90 days delinquent, reviewing and auditing member dividends payable accounts, and reviewing and auditing allowance for loan loss general ledgers are also key functions. Additionally, the role includes reviewing and auditing armored cash management and foreign currency, adjusting monthly repo balances, negative deposit accounts, and member aircraft expenses. The Staff Accountant will represent Accounting on vital projects, collaborate with staff across departments, assist with internal/external audits, provide backup support, create and update procedures, and identify/implement process improvements for accuracy, efficiency, income generation, and expense reduction. Continuous learning and skill development to meet changing business demands are expected.

Requirements

Bachelor's Degree in Accounting, Finance, or related field required
3+ years accounting experience
Detailed knowledge of GAAP, accounting standards, corporate policies, and procedures regarding accounting
Experience with general ledger functions and the month-end/year end close process
Strong PC skills and advanced knowledge of Microsoft Excel, including experience with macros
High degree of accuracy and attention to detail
Excellent analytical and problem-solving skills
Ability to interact and communicate effectively with all credit union employees
Ability to prioritize, manage time, and maintain professionalism under pressure
Strong team player with willingness to assist others as needed
Self-starter, quick learner, and ability to multi-task on a regular basis
Ability to work in fast-paced environment while meeting crucial deadlines
Ability to review and develop process improvements in all areas of accounting
Proven ability to build strong customer/member relationships and delivering customer/member-centric solutions
Known for building partnerships and working collaboratively with others to meet shared objectives
Proven track record of taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm
Ability to adapt approach and demeanor in real time to match the shifting demands of different situations
Bondable required

Responsibilities

Play a key role in completing the monthly, quarterly, and annual close in an accurate and timely manner.
Responsible for reviewing, auditing, and maintaining a complete and accurate general ledger, including but not limited to: Complex general ledger reconciliations.
Member rewards and VISA deposit account balances.
Journal entries for a variety of insurance expenses, member fees, and employee compensation related to current product offerings.
Daily branch and ATM machine check processing.
Review and audit the branch vault cash and over/short transactions and balances.
Complete federal and state tax withholding payments and entries to ensure accurate filing.
Review and resolve all monetary transactions that hit the unposted account, and work with other credit union employees and departments to guide and train on correct processing.
Ensure Balance Sheet accounts have correct balance at month-end.
Review and audit mortgages currently in funding status and ensure loans in process and the loan warehouse are correct for the month-end.
Review and audit accounts >90 days delinquent and backout system-generated monthly interest accrual entries.
Review and audit member dividends payable accounts to ensure all accounts are paid out correctly and on time.
Review and audit allowance for loan loss general ledgers to ensure transactions are correct for regulatory reporting needs.
Review and audit armored cash management and foreign currency.
Review and adjust monthly repo balances, negative deposit accounts, and member aircraft expenses.
Represent Accounting on projects vital to changes in accounting based on requirements and goals.
Work collaboratively and develop successful partnerships with staff across all departments and branches.
Assist with both internal/external audits by preparing schedules, researching data, clarifying inquiries, and providing explanations.
Provide backup support to other positions within the accounting department.
Create and update procedures on tasks related to accounting and job responsibilities.
Identify and implement changes to processes that increase accuracy and efficiency and/or increase income and decrease expenses.
Look for opportunities to further education and skills to meet needs as business demands change.
Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.