Staff Accountant - Newburgh, NY
About The Position
We are seeking a Staff Accountant who finds satisfaction in reconciling accounts, enjoys the month-end close process, and likes being a go-to person for financial information. The ideal candidate can translate financial data into understandable language, understands the meaning behind the numbers for the organization, and is persistent in resolving discrepancies. This role involves performing journal entries and account analysis to assist with period-end closings, monitoring cash daily, and assisting with monthly general ledger account reconciliations. The position also supports the Accounting team with budget process implementation, special accounting projects, IRS filings, audit support, and ad-hoc accounting tasks.
Requirements
- Associate or Bachelor's degree and 3+ years of related accounting experience, preferably in a banking environment or a comparable combination of education and experience.
- Practical knowledge of accounting principles.
- Fundamental knowledge of debits/credits and a general understanding of balance sheet/income statement components.
- Working knowledge of Bank Secrecy Act (BSA) requirements.
- General ledger accounting and journal entry preparation.
- Account reconciliations, including GL accounts.
- Fixed asset and prepaid asset accounting.
- Budget preparation, variance analysis, and departmental reporting.
- Cash management and daily cash monitoring.
- Accounts payable processing and invoice verification.
- Audit support and documentation preparation.
- Proficiency in accounting software/ERP systems and Microsoft Excel.
- Intermediate level Excel/Word skills.
- Data interpretation with ability to look beyond the numbers and identify what's driving a variance, trend, or discrepancy.
- Analytical skills.
- Excellent proactive communication skills.
- Adaptability.
- Collaborative problem-solving skills.
- Critical thinking skills.
- Ability to project a professional appearance and positive attitude at all times.
Responsibilities
- Performs journal entries and account analysis to assist with period end closings.
- Monitors cash daily and assists with general ledger account reconciliations on a monthly basis.
- Assists Accounting team with budget process implementation for the Credit Union.
- Undertakes special accounting projects relating to budgeting, IRS filing, audit support, as well as ad-hoc accounting projects as needed.
- Accounts for Fixed Asset Depreciation and Prepaid Assets.
- Monitors cash accounts and prepares daily entries as needed / investigates variances.
- Serves as a point of contact for branches and departments for annual budgeting and understanding of variances.
- Assists department with cash management, liquidity monitoring and treasury functions.
- Reconciles high transaction volume GL accounts such as ATM and coin machines, researching and resolving differences and subledger account reconciliations.
- Proposes solutions to ATM differences aimed at getting the reconciliation to be owned at the branch level.
- Reviews Accounts Payable activity including verification, processing, and recording of invoices.
- Resolves account discrepancies by investigating documentation, issuing stop payments or adjustments.
- Interfaces with external and internal auditors and provides documentation relating to audit queries.
- Participates with internal projects and implements process improvements aimed at increasing the efficiency of work flow.
- Performs responsibilities in accordance with federal and state regulations, credit union policies and procedures, and ensures that transactions are authorized in compliance with CU policies.
- Performs additional duties and special projects as requested.
Benefits
- Paid Time Off & Paid Federal Holidays
- Medical, Dental, Vision & Life Insurance
- Employee Assistance Program
- Flexible Spending Accounts (FSA)/Health Savings Accounts (HSA)
- Supplement Benefits: Critical Illness Care, Identity Theft Protection, Pet Insurance, Legal Services
- BenefitsPlus+ perks program (travel, entertainment, gift cards and so much more)
- CareNet - benefits concierge service
- 401(k) with 5% Employer Match
- Educational Assistance
- Paid Time to Volunteer
- HFCU Logo-wear
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
