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Senior Accountant

3 months ago


Dover, United States Dover Federal Credit Union Full time

Job Type

Full-time

Description

The primary purpose of this position is to ensure completion of the activities of the Accounting Department and all functions are completed timely, with accuracy, and in accordance with credit union policies and procedures, Generally Accepted Accounting Principles (GAAP), and/or federal laws and regulations. Perform routine accounting functions and special analytics as assigned. Provide guidance and training to the accounting staff in the performance of their duties.

Essential Functions

  • Ensure comprehensive, timely, and accurate completion of all critical tasks, to include payroll, accruals, Fixed Assets, and Prepaid entries.
  • Maintain accounting procedures to support efficiency of operations and financial integrity.
  • Identify inefficient and outdated processes; recommend improvements. Coordinate process improvements with other departments to enhance efficiencies within the organization.
  • Resolve general ledger discrepancies. Ensure all balance sheet general ledger accounts, and applicable subsidiary ledgers, are reconciled monthly.
  • Maintain the general ledger chart of accounts.
  • Assist with the month-end, quarterly, and year-end close of financial data and reporting, including preparation and review of the monthly financial statements.
  • Assist with the processing of business member international wire transfers & Finance settlement wire transfers.
  • Compile required regulatory data for submission of the Federal Reserve Bank 2900 report, and the NCUA Quarterly Call Report.
  • Prepare special financial analyses as required or as requested by the Finance Manager or Executives.
  • Research and explain budget variances
  • Prepare monthly financial reports and analyses for presentation to the Asset and Liability Committee and Board.
  • Provide input and assistance with the annual budgeting process in coordination with the Finance Manager or the CFRO.
  • Coordinate the collection of and provide data necessary to support audits/exams, or special projects.
  • Assist Finance Manager with financial processes as necessary and work as liaison to management in the Finance Manger's absence.
  • Assist other departments with accounting research and reconciliation issues.
  • Serve as back-up to other accounting functions, as necessary and perform other duties as assigned.
Requirements
  • Professional, well-developed interpersonal skills necessary for maintaining the integrity of the accounting staff, communication between departments and servicing Credit Union members.
  • Requires working knowledge of generally accepted accounting principles (GAAP).
  • Must analyze complicated factual situations, apply functional principles, and develop solutions.
  • Requires Associates degree in Accounting or a related field.
  • Requires a minimum of five to ten years of experience in accounting management or other relevant financial position required.
  • Requires intermediate working knowledge of PC applications (Word, Excel, MS Outlook, Financial Accounting Software).
  • Advanced mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.) along with the ability to translate information into meaningful analysis to target audience.
  • Ability to make decisions in the interest of the credit union and act as liaison with executive staff in the absence of the Controller.

Physical Requirements

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 frequently required to sit, use hands to finger, handle or feel, reach with hands and arms, and talk or hear. The employee is occasionally required to stand, walk, bend, kneel, and reach above or at shoulder level. The employee must occasionally lift/push/pull and/or carry up to 10 pounds.