Senior Accountant

Full-time

Description

PRIMARY: Performs accounting functions according to established accounting principles. Assists AVP of Accounting with financial reporting, analysis and supervision of the accounting team. Assists with process improvement, departmental efficiency, regulatory reporting, and updating procedures. Will be responsible for the timely and accurate completion of general ledger reconciliations, assisting with regulatory reporting (including the FR2900 and Call Report), review of accounts Payable processing, month-end closing entries, bank reconciliations and various other daily accounting functions.

ESSENTIAL DUTIES:

§ Practice CBC core values:

o Make It Right -CBC pledges to do the right thing for our credit union by providing the greatest benefit possible to our members and our community

o Make It Easy -CBC pledges to provide easy financial solutions, convenient locations, efficient service and simplified processes

o Make It Personal -CBC pledges to nurture deep, personal relationships with members, based on their individual needs and preferences

§ Obtain a thorough understanding of financial reporting and general ledger structure.

§ Assist with reviewing of month end processes and procedures such as journal entries,A/P, reconciliations, accruals, prepaids, allocations, capital expenditures, amortization/depreciation, and month end reporting to properly record and report the credit union’s net income, assets and liabilities.

§ Maintain General Ledger systems; monitor and keep the GL system in balance, research system outages and trouble-shoot system issues.

§ Update periodic GL account reconciliations and source documents in support of ending asset and liability balances.

§ Performs detailed analysis of general ledgers and expenditures upon request.

§ Assist with preparation of corporate budgets and budget to actual variance analysis as needed.

§ Assist with internal and external audits as needed.

§ Assist with management and regulatory reporting, including preparation of the NCUA 5300 Call Report.

§ Prepare payment and collateral reconciliations and reports for loans and investments sold to or held at FHLB, Fannie Mae and other parties.

§ Assist Mortgage Servicing and Commercial Servicing departments with discrepancy research, reporting, month end reconciliations, etc.

§ Reconcile loan participations, sales, monthly journal entries and reporting.

§ Prepare Insurance Cuso reporting. Not limited to commission calculations, new and renewal policy updates, etc.

§ Maintain accounting workbooks and schedules for items such as fixed assets & prepaid expenses, etc.

§ Identify areas of operational improvements to strengthen internal controls, increase productivity and improve workflow.

§ Works closely with other departments to rectify issues and help create balancing efficiencies.

§ Overseeing daily corporate cash monitor and projection functions.

§ Creates and maintains procedures related to accounting process, including documentation supporting accounting principles used.

§ Provide back-up support for various functions on the team to ensure the continuity of all support services during the absence of any other member of the Accounting Department.

§ Assumes the responsibility for all other related duties as required.

Requirements

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES: The requirements listed below are representative of the knowledge, skills and ability required of an individual to satisfactorily perform the essential duties of this job.

? Extensive knowledge of GAAP and Computer Information System for Finance and Accounting.

? Proficiency in MS Office, and MS Excel required.

? Excellent verbal and written communication skills.

? Strong analytical and organizational skills with close attention to detail.

? Strong problem-solving, and conflict resolution skills.

? Ability to interface effectively with all levels of leadership and employees within the organization.

? Ability to work autonomously, handle multiple projects simultaneously and adapt to new demands and challenges.

? Ability to work under minimal supervision is required.

? Ability to follow instructions and respond to management direction.

? Ability to consistently be at work on scheduled days and at scheduled time.

? Knowledge of financial and accounting principles as applied in a financial services industry environment is preferred.

? Knowledge of financial instruments including debt securities, loans, & debt obligations is preferred.

EDUCATION and/or EXPERIENCE: Bachelor’s degree or equivalent in Accounting or Finance required, CPA or Master’s degree preferred. Two to five years of experience in finance, accounting, mortgage, banking or Public Accounting preferred.

PHYSICAL REQUIREMENTS: The physical demands described below are representative of those that must be met by an employee to successfully perform the essential duties of this job. Reasonable accommodations may be provided to enable individuals with disabilities to perform the essential duties.

This position is of light physical activity performing non–strenuous tasks of a clerical nature. While performing the duties of this job, the employee is consistently required to sit. Requires occasional standing and walking. Frequent repetitive use of both hands to include occasional simple grasping. Manual dexterity sufficient to reach/handle items and work with hands to fingers.

WORK ENVIRONMENT: Work area is a well-lighted, heated and/or air-conditioned indoor office setting with adequate ventilation. The noise level is moderate.

WORK SCHEDULE: Workweek will be 40 hours to include some overtime as needed. Occasional attendance at meetings before or after scheduled hours may be required. Management reserves the right to change any employee’s work schedule to meet the operational needs of the Credit Union. Furthermore, management reserves the right to reassign any employee, either temporarily or permanently, to work at another credit union location.

TRAVEL: Minimal overnight travel (up to 10%) by land and/or air.

Salary Description

$68,000-86,000