Financial Services Sr. Accountant

Overview

This position applies accounting principles to balance daily credit union cash flows with third parties and to prepare and complete settlement schedules using internal and external settlement systems and data. The role supports month-end close processes and requires strong critical thinking, process improvement, and problem-solving skills, with advanced Excel capabilities.

Responsibilities

ATM Deposit Reconciliations

• Prepare daily reconciliations of ATM Network Settlement.
• Prepare daily reconciliations of ATM Foreign Network Settlement.
• Prepare daily reconciliations of Fiserv Network Settlement.
• Research differences and post adjustments/corrections in a timely manner (as prescribed by network rules) to minimize member inconvenience and risk to the credit union.

Branch Deposit Reconciliation

• Prepare daily deposit reconciliations for all credit union channels:
  • Branch
  • Mobile (phone and scanner)
  • ATM
  • Other channels as introduced by the credit union
• Advise branches of deposit adjustments as needed, ensuring they have all information required to post to the appropriate member account.

Financial Analysis and Month-End Close Support

• Create and monitor the Accounting group month-end calendar; update groups daily during month-end close.
• Compile and analyze financial information to prepare entries to general ledger accounts (including loan, share, and investment transactions).
• Conduct research and analysis to develop financial data for inclusion in various reports, as necessary.
• Prepare the monthly Dividend Testing spreadsheet to ensure share dividends adhere to policy.
• Prepare complex general ledger entries from provided source documentation during month-end processing.
• Analyze and enter accruals monthly and complete quarterly true-ups; recommend adjustments as needed.

Shared Branch Reconciliation

• Prepare daily Shared Branch reconciliations.
• Research differences and post adjustments/corrections in a timely manner.
• Review reports and post adjustments to clear outstanding items daily.

General Ledger (GL) Exceptions / Balancing

• Address and reconcile:
  • Teller Exchange
  • GL Variance
  • Share and loan to GL balancing

Backup Role Duties

• Support payroll and related tasks.
• Handle various agency emailing and case work as needed.
• Assist with new state employer account creation.
• Complete multiple reporting requirements on a yearly and quarterly basis.
• Maintain work location matrix.
• Create and process multiple state POAs for UKG compliance.
• Verify employment data requests for HR.
• Support 401(k) payroll reporting.
• Support ACA Reporting.
• Compile financial information and prepare some or all of the following, as directed:
  • Daily position
  • Internal account wire transfers
  • Other ad hoc reports
• Distribute the monthly Capital Budget Worksheet.
• Support vendor management in the Concur AP portal.
• Review journal entries for completeness and accuracy.
• Prepare bank drawdowns and wire transfers of credit union funds.
• Process GL clearing forms received from branches/departments.
• Process daily journal entries as assigned.

Other

• Perform other duties as assigned.

Requirements

Experience and Education

Required

• Bachelor’s degree in accounting or a related area from four-year college or university.
• +4 years having worked in an accounting department performing month-end close processes.
• Strong ability to problem-solve and come up with solutions on the fly.
• Strong attention to detail.
• Understanding of accrual-based accounting.
• Ability to analyze data, explain results, and demonstrate good business judgment.
• Strong curiosity in accounting fundamentals, willingness to seek answers via questions, and take initiative.

Preferred

• Three to five years of experience in the finance industry.
• Settlement accounting experience.
• General ledger reconciliation experience.
• Experience processing payroll.
• Experience with Episys.
• Experience with Fiserv.
• Audit experience.

Knowledge and Skills

Language Skills

• Ability to read, analyze, and interpret information in professional and technical journals, financial reports, legal documents, and internal systems and documents.
• Ability to write routine reports and correspondence (including email) using correct spelling and grammar.
• Ability to understand the purpose of intended email and succinctly relay what is needed.
• Ability to speak clearly, tactfully, and effectively to members, volunteers, and employees at all levels of the organization.
• Ability to effectively present information in one-on-one and small group situations.

Mathematical Skills

• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rates, ratios, and percentages and to produce and interpret graphs.

Computer Skills

• Required:
  • Proficient in MS Word, MS Excel, and other basic applications in a Windows-based environment.
  • Power BI.
  • Microsoft SQL Server.
  • Intermediate to advanced Excel knowledge, including VLOOKUPs, macros, and pivot tables.
  • Ability to effectively communicate via email, chat, and on-line meeting applications.
  • Ability to work with both intra-departmental and inter-departmental (non-accounting) teams.
• Preferred:
  • Experience with Concur.
  • Experience with OnBase.
  • Internet research skills.
  • Ability to quickly learn specialized software applications.

Additional Responsibilities

• Demonstrated ability to analyze processes and make improvements to enhance efficiency.
• A high percentage of attendance is an essential function of this position.
• Ability to call out unusual operational or financial events and/or deviations from policy and procedure.
• Ability to work effectively with members and employees at all levels.
• Ability to maintain complete confidentiality of member, employee, and credit union information.
• Excellent organizational skills and detail orientation.
• Excellent customer service skills.

Accountability

This role is directly responsible for the accuracy, timeliness, and professionalism of all assigned work.

Compensation & Benefits

Salary (Zone-based)

Salary is based on qualifications and geographical location (Zone):

• Zone 1: $35.65 - $49.02
• Zone 2: $32.44 - $44.61
• Zone 3: $29.95 - $41.18
• Zone 4: $28.52 - $39.22

Incentives

• This position is eligible to participate in the Corporate Incentive Plan.
• Annual incentive opportunity ranges from 0–8% of incentive eligible earnings, based on a combination of institutional performance (0–2%) and individual performance (0–6%).
• Incentive payments are discretionary and subject to approval.

Benefits (Highlights)

• Bonus/incentives for all regular employees
• 401(k) with 8% company contribution
• Medical, dental, and vision insurance for employees and dependents paid at 80%
• PTO and paid sabbaticals
• Tuition reimbursement

Location

Physical Demands

• Work involves standing and walking for brief periods; most duties are performed from a seated position.
• Extensive use of computers, up to eight hours per day.
• May include occasional pushing, pulling, or carrying objects weighing up to 20 pounds (files and documents).
• Requires finger dexterity and eye-hand coordination to operate a computer keyboard.
• Must be able to speak on the telephone for several hours per day.
• Requires close vision, distance vision, and the ability to adjust focus.

Equal Employment Opportunity

Equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Additional Information

The organization participates in E-Verify.

For California employees and applicants: the organization is CPRA compliant.