Job Description
Job Description
Position Summary
The Financial Accountant II position is responsible for assisting with month-end close, preparing regulatory and financial reporting schedules, lease accounting, fixed asset accounting, tax preparation and reporting, general ledger reconciliations, and special projects. Maintains quality service standards set by the organization. Monitors, adheres to and enforces internal controls.
Minimum Qualifications (Education, Experience, Skills):
- Bachelor’s degree in Accounting or related degree
- Three years of full cycle accounting experience with a demonstrated knowledge of advanced accounting principles.
- Advanced PC skills with emphasis in spreadsheet languages, such as Excel.
- Experience with automated general ledger or ERP systems.
- Effective oral and written communication skills.
Essential Duties and Responsibilities
- Responsible for assigned month-end closing tasks for the Credit Union and wholly-owned CUSO(s).
- Responsible for preparation of the weekly FRB 2900 Report, quarterly NCUA 5300 Report, and other regulatory surveys and reports.
- Responsible for lease accounting entries and reconciliation of applicable general ledger accounts to sub-ledger systems.
- Responsible for all fixed asset accounting and reporting in the Credit Union and LLCs and reconciliation of applicable general ledger accounts to sub-ledger systems.
- Responsible for loan participation accounting and reporting in the Credit Union and reconciliation of applicable general ledger accounts to sub-ledger systems.
- Responsible for the reconciliation of assigned general ledger accounts including researching and determining the proper accounting treatment for aging items.
- Responsible for researching, gathering data and preparing various tax reporting schedules in accordance with state and federal regulations.
- Preparation of sales & use tax schedules
- Preparation of bad debt tax refund claims
- Preparation of unsecured property tax schedules
- Preparation of secured property tax schedules
- Create, update and maintain assigned Accounting policies and procedures.
- Responsible for accounts payable review to include proper application of GAAP, general ledger coding and authorizations.
- Assist independent auditors, state auditors and supervisory committee during audits and reviews.
- Open, close and update the general ledger system as requested.
- Lead and participate on assigned departmental and interdepartmental projects.
- Participate in AML/BSA compliance training as assigned. Adhere to credit union AML/BSA policy and procedures including CTR rules and form preparation, identify and refer suspicious activity to the Compliance Department, perform OFAC comparisons, and properly identify individuals in accordance with Branch Operations procedures.
Other Duties & Responsibilities:
- Cross-train with and backup other positions in the Accounting department.
- Perform other duties as assigned.
- Comply with all established safety and security guidelines set forth by the organization.
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel objects, tools, or controls and talk or hear. The employee is frequently required to stand and reach with hands and arms. The employee is occasionally required to walk; sit; climb or balance; and stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
The noise level in the work environment is usually moderate.
Monday-Friday: 8:00am/5:00pm
Full Time – 40 hours a week