Accounting Specialist

POSITION DESCRIPTION

Position Title: Accounting Specialist Department: Accounting

SALARY GRADE: Non-exempt

REPORTING RELATIONSHIPS

Position Reports To: CFO

Positions Supervised: N/A

POSITION PURPOSE

The Accounting Specialist provides general support for the credit union accounting function including accounts payable, accounts receivable, general ledger and support for high level business processes including budgeting, auditing, financial reporting, and analysis.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

Essential Functions

• Handles daily/monthly journal entries and reconciliation preparation of general ledger accounts.
• Performs necessary functions for reconcilement with the Federal Reserve Bank, Alloya Corporate and other accounts as needed.
• Provides month and quarter end reports for financial reporting as assigned.
• Maintains the company's accounts payable process.
• Maintains the fixed asset and associated depreciation schedules on the accounting software for general journal entries; ensures proper recording of new purchases. Coordinates the annual physical inventory for all branches.
• Reviews daily system proofs and corrects any out of balance conditions or communicates with proper personnel indicating corrections that need to be made and addresses any system errors.
• Documents policies, procedures, and workflows for assigned areas of responsibility.
• Performs verifications on incoming and outgoing wires for processing.
• Maintains investment system including preparation of monthly reconciliations and entries.
• Responsible for budgeting and ordering supplies for all branches.

2. Other Functions

a. Cross sell if possible.

b. Assist CFO in month end tasks as needed.

c. Other duties as assigned by manager.

Credit Union Employee

a. Ensures work area is clean, secure, and well maintained.

b. Assumes responsibility for related duties as required or assigned.

c. Assists with promotional activities.

d. Participates in credit union committees and special events.

e. Completes special projects as assigned.

Professional Development

• Network and attend functions outside of credit union.
• Community involvement.
• Team collaboration, provide assistance, support and knowledge to all credit union staff.

d. Ensures the Credit Union’s professional reputation is maintained both internally and externally.

e. Represents the Credit Union in contacts with business and trade professionals.

• Continual training and education.
• Demonstrates a commitment to professional ethics and complying with all credit union, Federal and State compliance policies.
• Attends seminars and online webinars/courses.

QUALIFICATIONS

Education/Certification: High School diploma or GED. Associate degree in accounting preferred.

Required Knowledge: Through knowledge of basic accounting principles. Thorough knowledge of credit union products, services, and policies.

Experience Required: 1 year accounting or credit union experience preferred.

Skills/Abilities: Strong communication, problem solving and multitasking skills.

Ability to work in a goal orientated environment.

Good project management abilities.

Well organized and able to meet deadlines.

Able to operate related computer applications and business equipment.

Be nimble to constant change in rules and regulations.

Familiarity with computers and software programs, specifically Excel.

Excellent communication and interpersonal skills.

Must be able to keep information confidential.

Ability to perform several tasks concurrently with ease and professionalism.

Ability to operate calculator, computer, and other general office equipment.

Knowledge of computerized accounting but must be able to do manual set of books.

Ability to communicate clearly and concisely in writing.

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Able to sit/stand/walk as job requires.

• Exert up to 10lbs of force occasionally with the ability to lift 50lbs.
• Able to converse with members confidently, adequately, and accurately.
• Regular and reliable job attendance and punctuality.

WORKING CONDITIONS

None: No hazardous or significantly unpleasant conditions (such as in a office).

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability: Ability to apply logical or scientific thinking to define problems, collect data, establish facts, and draw conclusions.

Able to interpret a variety of technical instructions and can deal with multiple variables.

Mathematics Ability: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage.

Able to perform very simple algebra.

Language Ability: Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias.

Ability to prepare memos, reports, and essays using proper punctuation, spelling, and grammar.

Ability to communicate distinctly with appropriate pauses and emphasis, correct pronunciation (or sign equivalent), and variation in word order using present, perfect, and future tenses.

INTENT AND FUNCTION OF JOB DESCRIPTIONS

Job descriptions assist organizations in ensuring that the hiring process is fairly administered and that qualified employees are selected. They are also essential to an effective appraisal system and related promotion, transfer, layoff, and termination decisions. Well constructed job descriptions are an integral part of any effective compensation system.

All descriptions have been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

Job Type: Full-time

Pay: $17.46 - $26.19 per hour

Expected hours: 37.5 per week

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• Day shift
• Monday to Friday

Education:

• High school or equivalent (Preferred)

Work Location: In person