Accountant I

This position is located in Wilmington, North Carolina.

About the role

The Accountant I is responsible for the preparation of monthly general ledger entries, account reconciliations, and various other accounting reports to aid in the completion of financial reporting in an accurate and timely manner. The Accountant I is also primarily responsible for Accounts Payable which includes processing invoices and timely payments via check requests or wire transfers, monitoring email for invoices and communication with vendors, obtaining invoice approval from senior leaders, and preparing and filing year-end Form 1099 MISC reporting.

Responsibilities

• Ensure compliance with Generally Accepted Accounting Principles (GAAP) and Credit Union’s policies and procedures.
• Perform complex accounting activities associated with month-end, quarter-end, and year-end reporting, including variance analysis.
• Prepare journal entries and post to correct general ledger accounts. Reconcile transaction amounts to the subsidiary ledger and supporting documentation.
• Perform accurate and timely reconciliation of the general ledger accounts and other fiscal records.
• Perform day-to-day processing of Accounts Payable transactions to ensure payments are paid in an accurate and timely manner.
• Receive and verify invoices, check requests, expense reports; initiate and confirm wire transfers.
• Verify transactions comply with Accounts Payable guidelines and procedures.
• Manage the weekly check run and other payment distributions such as direct deposit and corporate Visa payments.
• Resolve and research bill discrepancies (such as price variances, increased invoice amounts, other questions) in effective communication with vendors, staff, or approval managers.
• Obtain a completed and signed Federal form W-9 (Request for TIN and Certification) by vendor for compliance purposes.
• Assist in gathering information and preparing lead schedules for internal and external audits.
• Participate in the Call Report preparation and other regulatory reports.
• Assist in the development of desktop procedures and work flowcharts.
• Partner with different work groups in the Credit Union and assist with projects or various initiatives.
• May require working overtime in the evenings or on weekends during peak periods.
• Maintain positive work relationships with team members.
• Update VP, Accounting and Controller on critical issues or out-of-balance situations.
• Perform other duties, as assigned.

Requirements

• Bachelor’s Degree in Accounting.
• 1-2 years of accounting and financial reporting experience.
• Advanced Microsoft Office skills in Excel and use of pivot tables.
• Possess accounting expertise, problem-solving, and analytical skills.

Preferred Qualifications

• Work experience ideally in a financial institution setting.
• Bilingual a plus.
• Epicor experience.

Key Competencies

• Passionate / Values Based
• Building Trusting Partnerships
• Communication
• Critical Thinking
• Decision Making
• Analytical
• Adaptability

Physical Demands

Reasonable accommodations may be made to enable individuals with disabilities. While performing the duties of this job the employee may be required to use hands to finger, handle, or feel; and talk and hear. The employee frequently is required to walk and reach with hands and arms and stand for long periods of time. The employee is required to occasionally sit, stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and ability to adjust focus.

Work Environment

Generally performs job duties in a typical office environment. The employee will be exposed to moderate stress levels associated with the performance of the job duties described above. There may be extended periods of computer and telephone use while performing job duties. Employee will be intermittently seated, standing, and/or walking during the course of a normal business day. While every precaution is taken to avoid exposing employees to dangers in the workplace, working in a financial institution may expose employees to certain hazards in the event of criminal activity including robbery and/or attempted robbery.

Pay

$24–$29 per hour, depending on experience.