Accounting Associate

About the Role

This role supports the Accounting Department by maintaining accurate financial records, processing accounting transactions, and assisting in the preparation of financial reports for a $550 million asset credit union. The position ensures compliance with credit union policies, accounting standards, and regulatory requirements while supporting financial operations.

Responsibilities

• Accurately process accounts payable and receivable transactions.
• Review and process corporate credit card transactions to ensure proper expense classification and adequate documentation.
• Reconcile bank accounts and general ledger accounts on a daily, weekly, and monthly basis.
• Prepare and process journal entries with proper documentation and approvals.
• Assist in monthly, quarterly, and annual financial close processes.
• Maintain detailed financial records and organized filing systems (physical and electronic).
• Support preparation of regulatory reports (e.g., NCUA Call Reports, state filings).
• Assist with annual audits and examinations by gathering documentation and responding to auditor requests.
• Monitor and report variances, identify discrepancies, and assist in resolving accounting issues.
• Ensure compliance with internal controls, policies, procedures, and applicable laws and regulations.
• Provide support for payroll processing and benefits administration, if needed.
• Participate in projects to improve accounting operations and financial reporting systems.
• Perform other duties and special projects as assigned by management.
• Advocate and demonstrate company brand.

Requirements

• High school diploma or equivalent required; Associate degree or relevant coursework in Accounting, Finance, or Business preferred.
• Minimum of 2 years of experience in accounting, bookkeeping, or financial operations, ideally within a financial institution.
• Solid understanding of accounting principles; knowledge of GAAP preferred.
• Exceptional attention to detail and accuracy.
• Proficient in Microsoft Office, especially Excel; experience with accounting software and core financial systems is a plus.
• Strong organizational and time management skills with the ability to prioritize effectively.
• Maintains confidentiality with sensitive information.
• Clear and professional written and verbal communication skills.
• Team-oriented with a strong commitment to member service.
• Demonstrates approachability, sound judgment, and collaborative leadership qualities.
• Acceptable background check; credit, criminal, and insurance.
• Residency within the Commonwealth of Virginia is required.

Environmental Factors and Physical Requirements

This position requires working indoors in a typical office environment. Duties involve ordinary ambulatory skills to visit other locations, standing, walking, stooping, kneeling, crouching, and manipulating light to medium weights of 1-25 pounds. Requires good hand-eye coordination, arm, hand, and finger dexterity, and visual acuity to use a keyboard, operate equipment, and read application information. The employee frequently sits, reaches with arms, talks, and hears.

Schedule

Monday - Friday, 8:30 am - 5:00 pm.

Location: 4235 Innslake Drive, Glen Allen, VA 23060.

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Voluntary Life Insurance
• Pet Insurance
• HSA/FSA/DCA
• Accident Insurance
• Critical Illness Insurance
• 401K with generous employer contribution
• Company Paid Benefits:
  • Group Life Insurance
  • Short-term Disability
  • Long-term Disability
  • HSA Employer Contribution and Matching
  • Employer Paid HRA
  • Parental Leave
• 10 Paid Holidays
• Birthday Off with Pay
• Paid Community Service Time
• PTO
• Flexible work from home options available.