Financial Operations Associate

5 days ago


New Bedford, Massachusetts, United States New Bedford Credit Union Full time
Job Summary

We are seeking a highly motivated and detail-oriented individual to join our Finance team at New Bedford Credit Union as a Financial Operations Associate. This role is responsible for providing administrative support to the Finance department, ensuring the accuracy and efficiency of financial transactions, and maintaining the integrity of our financial records.

Key Responsibilities
  • Financial Transaction Processing
    • Post journal entries, conduct daily reconciliations for various types of transactions, verify and post checks, and perform wire transfers.
    • Daily reconciliations for Credit cards, ACH, RDC, Share Draft, Zelle, and cash advance.
    • Balance and perform ATM reconciliations.
    • Verify and post official checks.
  • Accounts Payable and Receivable
    • Enter invoices for payment, process accounts payable, and ensure timely payment to vendors.
    • Manage accounts receivable, including invoicing and follow-up on outstanding balances.
  • Financial Record-Keeping
    • Maintain accurate and up-to-date financial records, including ledgers, journals, and other financial documents.
    • Ensure compliance with financial regulations and internal controls.
  • Communication and Collaboration
    • Communicate effectively with internal stakeholders, including the CFO, Vice President of Finance, and other department heads.
    • Collaborate with other departments to resolve financial discrepancies and ensure smooth operations.
Requirements
  • Education and Experience
    • Bachelor's degree in Accounting, Finance, or related field.
    • 1-2 years of experience in accounting, finance, or a related field.
  • Skills and Abilities
    • Strong knowledge of accounting principles and financial regulations.
    • Proficient in Microsoft Excel and other financial software.
    • Excellent communication and interpersonal skills.
    • Ability to work independently and as part of a team.
Benefits
  • Paid holidays and vacation time.
  • Medical, dental, and vision insurance.
  • 401(k) retirement plan with company match.
  • Tuition reimbursement program.
  • Opportunities for professional growth and development.


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