Financial Accountant

POSITION SUMMARY: This role is chiefly accountable for adhering to established procedures in executing financial operations. The individual will undertake various responsibilities related to the accounting functions within the credit union, encompassing the following tasks: KEY RESPONSIBILITIES:

• Core responsibilities include the following; additional tasks may be assigned as necessary.
• Reconciles data received from processing for ACH and share draft posting discrepancies.
• Investigates and resolves member inquiries regarding ACH and share draft transactions.
• Confirms return totals against actual credits received and processes ACH origination as needed.
• Prepares, records, and reconciles payrolls.
• Creates monthly investment reports and aligns them with the general ledger for management evaluation.
• Records ledger entries and verifies totals with the general ledger/computer for fixed assets, pre-paid expenses, and accruals.
• Generates invoices for payment and issues accounts payable checks upon receiving appropriate authorization. Organizes and classifies invoices/checks that substantiate business transactions.
• Balances daily credit union check deposits and other assigned accounts.
• Maintains daily reconciliations for debit card transactions.
• Prepares annual property tax documentation for management review prior to submission.
• Assists the VP of Accounting in collecting and inputting data for the quarterly 5300 Call Report.
• Supports the accounting call queue.
• Prepares monthly CUSO financial statements and quarterly consolidated financial reports.
• Undertakes additional responsibilities as deemed necessary by management for the efficient operation of the credit union.
• Verifies and records details of business transactions, such as funds received and disbursed, and totals accounts in spreadsheets and databases.
• Audits invoices against purchase orders and investigates discrepancies.
• Addresses issues that vendors or purchasing agents encounter in obtaining payment for invoices.
• Prepares vouchers, invoices, checks, account statements, reports, and other records, ensuring accuracy.
• Reconciles general ledger accounts with various spreadsheets and/or statements.
• Reconciles bank statements.
• Investigates report discrepancies and issues.
• Codes data for entry into the financial data processing system in accordance with company protocols.
• Reviews, balances, and interprets computer-generated reports, making necessary corrections.
• Assists employees, vendors, clients, or members by addressing inquiries related to accounts, procedures, and services.
• Compiles and reviews accounts payable documentation and prepares it for processing; reviews completed accounts payable runs; prepares special manual checks; responds to inquiries from employees and vendors; and maintains accounts payable records, spreadsheets, and reports.
• Assists the Chief Financial Officer (CFO), VP of Accounting, or Accounting Manager with journal entries, balance sheet reconciliations, reimbursement packages, and other accounting tasks as assigned.
• Maintains controls and records of financial transactions.
• Performs complex data entry tasks involving corrections/adjustments and closure of journal entries.
• May audit operational reports, vouchers, invoices, requisitions, purchase orders, and similar documents.

SUPERVISORY RESPONSIBILITIES: This position does not have supervisory responsibilities. REQUIRED COMPETENCIES: To perform this role effectively, an individual should demonstrate the following competencies:Intellectual

• Problem Solving - Identifies and resolves issues promptly; gathers and analyzes information skillfully; develops alternative solutions; collaborates effectively in group problem-solving scenarios; employs reason even in emotionally charged situations.

Interpersonal

• Customer Service - Manages challenging or emotional customer interactions; responds swiftly to customer needs; seeks customer feedback to enhance service; addresses requests for assistance; fulfills commitments.

Leadership

• Leadership - Displays confidence in self and others; inspires and motivates others to excel; effectively influences the actions and opinions of others; welcomes feedback; provides appropriate recognition to others.

Organizational

• Ethics - Treats individuals with respect; honors commitments; inspires trust; operates with integrity and ethically; upholds organizational values.

Self-management

• Planning/Organizing - Prioritizes and plans work activities; utilizes time efficiently; anticipates additional resource needs; sets goals and objectives; organizes or schedules tasks for others; develops realistic action plans.
• Quality - Demonstrates precision and thoroughness; seeks ways to enhance and promote quality; applies feedback to improve performance; monitors personal work to ensure quality.
• Safety and Security - Adheres to safety and security protocols; determines appropriate actions beyond guidelines; reports potentially unsafe conditions; utilizes equipment and materials correctly.
• Attendance/Punctuality - Consistently present and punctual; ensures work responsibilities are managed during absences; arrives at meetings and appointments on time.

QUALIFICATIONS: To succeed in this role, an individual must be able to fulfill each essential duty satisfactorily. The requirements listed below represent the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. EDUCATION AND EXPERIENCE:

• Associate's degree (A.A.) or equivalent in Accounting, Audit, Business, or Finance from a two-year college or technical school; or six months to one year of related experience and/or training; or an equivalent combination of education and experience.

LANGUAGE SKILLS:

• Ability to read and interpret documents such as safety regulations, operating and maintenance instructions, and procedural manuals.
• Ability to write routine reports and correspondence. Ability to communicate effectively before groups of customers or employees of the organization.

MATHEMATICAL SKILLS:

• Ability to perform addition, subtraction, multiplication, and division in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rates, ratios, and percentages and to interpret bar graphs.

REASONING ABILITY:

• Ability to solve practical problems and manage a variety of concrete variables in situations with limited standardization.
• Ability to interpret various instructions provided in written, oral, diagram, or schedule form.

COMPUTER SKILLS:

• To perform this job successfully, an individual should possess knowledge of Accounting Software (QuickBooks); Database Software (Access); Internet Software; Spreadsheet Software (Excel); Word Processing Software (Word); Electronic Mail Software (Outlook).

OTHER SKILLS AND ABILITIES:

• Exceptional communication and interpersonal skills with the ability to earn the trust of members.
• Sound judgment and discretion; ability to manage multiple priorities simultaneously, meet deadlines, and handle work-related stress is essential.
• Friendly, courteous, service-oriented, professional, outgoing, and customer-focused.
• Ability to remain calm and professional in high-pressure situations.
• Must be capable of working independently and productively with minimal supervision.
• Ability to identify problems, determine possible causes, and resolve routine issues.
• Team player with a positive attitude who can thrive in a fast-paced environment.
• Ability to create and maintain a professional atmosphere for employees, clients, and members.

OTHER QUALIFICATIONS:

• Able to work a flexible schedule, including weekends and holidays.
• Knowledge of US Generally Accepted Accounting Principles (GAAP).
• One year of full-time experience in accounting principles, practices, and procedures; and performing routine accounting tasks.
• Maintains a working knowledge of various accounting software programs.
• Knowledge of front-line software must be maintained to support front-line staff.
• Maintains a working knowledge of various accounting software programs and front-line software to provide support.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand, walk, and climb or balance. The employee must occasionally lift and/or move up to 10 pounds. WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is typically moderate. NOTE: The information provided in this description is intended to indicate the general nature and level of work performed by employees within this classification. It is not designed to be an exhaustive inventory of all duties, responsibilities, and qualifications required of employees assigned to this position. About Summit Credit Union:

Summit Credit Union is a not-for-profit, full-service financial cooperative, established in 1935, serving over 300 employers with approximately 37,000 members in North Carolina. We are committed to providing exceptional service, acting with integrity, and fostering a fun and innovative work environment.

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