Senior Accountant
Employment Type : Full-Time
Job Description
Position Summary
Responsible for analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses as well as performing general ledger reconciliations. Reports organization’s finances to management, and offers suggestions about resource utilization. Ensure that reports, accounts, systems, policies and practices adhere to generally accepted accounting principles (GAAP).
Essential Job Functions
- Collects data, analyzes and prepares annual and monthly GAAP financial statements for the credit union and/or its subsidiaries, on both a stand-alone and consolidated basis. Collects data, analyzes and prepares other reports on a monthly or ad hoc basis as required by the board, management or other departments within the organization and advises on the result of such analyses. Prepares balance sheets, profit and loss statements, and other financial reports.
- Performs administrative duties for systems/programs used in accounting areas, including but not limited to wires, corporate credit card and reimbursement, bank accounts and the Federal Reserve.
- Interaction with external auditors, including regulatory auditors. Gathers and/or compiles all necessary information for the external auditors on behalf of the organization.
- Identifies, processes, records to the general ledger, and applies appropriate accounting treatment to, transactions related to the Credit Union’s subsidiaries, CUSO’s, etc., when applicable. Heavy interaction with operational teammembers of each subsidiary to identify transactions that may have financial impact and draft accounting policy and procedures accordingly, subject to management’s final review.
- Initiate, research, interpret and recommend changes to accounting policies and procedures based on regulations and pronouncements issued by outside bodies including the National Credit Union Administration, Financial Accounting Standards Board, American Institute of Certified Public Accountants, etc. Ensure all appropriate parties review and comments are included in the final draft prior to the approval of the Controller.
- Maintains, analyzes and reconciles deferred loan origination fees and costs, participation loan program, deferred rent, mortgage servicing rights, derivatives and other accounting transactions that have been determined to be of a more complex nature, as assigned. Prepares all city, county, state and federal tax returns, including but not limited to property tax, sales tax, and 1099 forms.
- Reconciles and assesses the adequacy of transactions relating but not limited to fixed assets, card settlements, projects, contracts and leases.
- ?Reconciles and assesses the adequacy of transactions relating but not limited to fixed assets, card settlements, projects, contracts and leases.
- Required to lead and supervise others in departmental projects or act as liaison for organizational projects, which includes heavy interaction with other teammembers and management both internal and external to the department to solve problems, with an emphasis in technical accounting. Includes process development and documentation of desktop procedures.
- Maintain and reconcile general ledger accounts of the credit union including modifying, adding, or deleting general ledger numbers and maintaining a history of general ledger accounts.
- Supports and provides coverage for complex operational functions within the department when needed. Assists management in reviewing the work of and training other accounting teammembers.
- Prepares the quarterly NCUA call reports (5300) and other routine external financial reporting such as the weekly Federal Reserve Board Regulation D, Reserve Requirements of Depository Institutions, Form 2900, the FAST and Raddon reports.
- All teammembers must comply with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions.
- Performs other related duties as assigned or requested.
Education/Years of Experience/Certifications
Bachelor’s Degree in Accounting or equivalent years of experience
5 - 7 years of previous related experience required
Credit Union or other financial institution accounting experience preferred
CPA preferred
Additional Skills
Highly proficient in Microsoft Excel including but not limited to pivot tables, v-lookup, sum-ifs, complex formulas, etc.
Significant emphasis is placed on working independently to complete assigned projects and analyses
Must be able to solve problems and present solutions to management
Requires creative thinking and initiative
Familiar with a variety of accounting concepts, practices, and procedures
Relies on experience and judgment to plan and accomplish goals.
Performs a variety of complicated tasks
A wide degree of creativity and latitude is expected
Location
Rudy Hanley Campus I
Schedule
Monday through Friday 8:00 am to 5:00 pm