Corporate Accounting Specialist I

Position Overview

Corporate Accounting Specialist I assists the Corporate Accounting Specialist II with the reconciliation of credit union departmental reports, GL accounts, and the posting of GL entries. This position will assist the VP Accounting & Finance and CFO with month-end/quarter-end processes and reporting.  Identifies, analyzes, and troubleshoots reconciling differences.  Watches for adverse trends to protect the credit union from financial losses. Performs additional departmental functions as necessary.

Major Responsibilities

1.       Reconcile general ledger accounts related to Credit Union network ATM/Debit card activity, Mortgage Loans, Bill Pay, Mastercard, etc.

2.       Balance/reconcile credit union “on us checks” including money orders, cashier’s checks, and AP checks.

3.       Balance and pay GAP, DPW, and VPP policies.

4.       Serve as backup for the Corporate Accounting Specialist II and the Corporate Accounts Payable Specialist.

5.       Assist with the creation of GL accounts and mapping assignment.

6.       Post Bond Accounting Transactions.

7.       Post GL journal entries for VP Accounting & Finance and CFO.

1.       Pay Federal and State Taxes weekly/bi-weekly.

2.       Prepare monthly Fraud Loss reports.

3.       Complete assigned sections of Call Report.

4.       Monitors accounting reports and statements for fraudulent transactions and negative trends; identifies risks for financial loss to the business.

5.       Maintain a strong working relationship with Operations and Payment Systems.

6.       Verify accuracy, completeness and consistency of accounting information received.

7.        Perform other duties as assigned.

Required Qualifications

·         High school diploma or equivalent.

·         1 to 3 years of financial institution experience, preferably in Corporate Accounting.

·         Ability to recognize adverse trends to protect the credit union from fraud losses.

·         Experience analyzing data, identifying potential risks or trends, and making decisions to solve complex problems.

·         Ability to work independently and show initiative in problem-solving.

·         Strong bookkeeping aptitude.

·         Strong analytical and problem-solving skills.

·         Strong Excel spreadsheet skills and knowledge.

·         Ability to professionally interact and communicate with employees at all levels in the credit union and outside vendors.

·         High ethical standards and behavior.

·         Ability to produce high-quality, accurate work and meet established deadlines.

·         Comfortable learning and using financial institution core systems and software packages.

·         Keep Management informed of emerging problems.

Physical Requirements

·         Regularly required to talk and hear.  Frequently required to stand, sit, walk, use hands to finger, handle or feel; and reach with hands and arms.