This position is responsible for various general ledger posting and reconciliation processes and third-party settlement processing for the Credit Union. This position is also responsible for various month-end closing duties including but not limited to posting of accruals and adjustments to ensure compliance with Generally Accepted Accounting Principles (GAAP), and completion of month-end reconciliations for the Credit Union as well as providing training support, technical knowledge, and cross coverage for functions performed by Accounting Staff members In addition, schedules of various accounting activities must be maintained to facilitate the Credit Union's NCUA Examination and the External CPA Audit. This position is responsible for composing and maintaining department procedures for tasks assigned.
Essential FunctionsPost, analyze, and reconcile activity for assigned accounts to ensure accounts reflect the appropriate balances and postings comply with Generally Accepted Accounting Principles. Perform the daily reconciliation of portfolios and related general ledger accounts. Complete tasks timely and accurately. Work closely with various cross-functional staff and management to research and resolve differences.Perform assigned month-end processing and closing duties. Analyze, assess, calculate, and post accruals for assigned income and expense transactions to ensure compliance with GAAP. Prepare formal reconciliations to include appropriate supporting documentation.Prepare various schedules for regulators, auditors, and regulatory reporting. Participate in core release testing and assessments for accounting-related functions.Other job-related duties assigned commensurate with position grade, to include technical support and cross-coverage of other Accounting Specialists' tasks.Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.
