Staff Investor Accountant

Valley Strong Credit Union•Bakersfield, CA

About The Position

The Staff Investor Accountant works in the Accounting Department’s specialized investor accounting series. Under general direction, this role performs routine accounting and financial record-keeping functions and helps ensure the Credit Union’s compliance with Generally Accepted Accounting Principles (GAAP). The accountant processes daily transactions, supports accounting for FinTech and participation loan pools, prepares entries and schedules, and reconciles accounts and reports. The position also supports month-end and year-end close processes, audits, and tax reporting. The role requires a willingness to learn, work effectively in a fast-paced and flexible environment, adapt to changing market conditions, and contribute as part of a team. The accountant works with large data sets and custom reports using common systems and must be comfortable asking questions and solving problems. Team members must comply with regulatory requirements and assigned training, including applicable BSA and SAFE Act requirements.

Requirements

Bachelor’s degree in Accounting, Finance, or a similar business area of study from a four-year college or university.
One to three years of professional experience in Accounting or Finance.
Ability to read and comprehend instructions, short correspondence, and memos, and to write simple correspondence.
Ability to present information effectively in one-on-one and small-group settings to Members and other Team Members.
Ability to perform basic arithmetic using whole numbers, fractions, and decimals, and to compute dividends and interest.
Ability to solve practical problems in situations with limited standardization and interpret written or oral instructions.
Ability to process transactions efficiently.
Ability to communicate policies and procedures to Members in an understandable and professional manner.
Ability to comply with applicable Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws, regulations, and internal policies and procedures.
Willingness to learn and thrive in a fast-paced, flexible environment that operates amid uncertainty and changes with market conditions.
Ability to work as a team member and learn various systems and processes.
Comfort asking questions and solving problems.

Nice To Haves

General knowledge of the financial services industry, products, environment, and regulations.
Familiarity with, and interest in learning to work with, large data sets using systems such as Excel, Power Query, Power BI, Snowflake, Tableau, Copilot, and Claude.
Ability to learn and understand custom reports designed for regulatory, tax, and financial purposes.

Responsibilities

Process daily transactions, including validating, sending, receiving, and posting wires; validating, depositing, and withdrawing funds; and generating payments.
Post details of business transactions to subsidiary accounts by journal entry using source documents.
Process transactions for FinTech and participation loan pools bought and sold.
Record balancing entries and monthly remittance activity, and generate formatted reports.
Record journal entries for loan purchases and sales, including gains on sale, premiums, and discounts.
Follow established processes to generate schedules associated with premiums and discounts and participation pools.
Communicate effectively with internal personnel and third parties while processing transactions, purchases, and sales.
Reconcile assigned general ledger accounts, bank accounts, reports, and schedules.
Follow established procedures and learn the organizational purpose behind them.
Assist with month-end and year-end close processes, audits, and tax reporting.
Comply with regulatory requirements and assigned training, including applicable BSA and SAFE Act requirements.
Perform other duties as assigned.