Financial Specialist

About the role

To support the financial management and operations of the Credit Union through the maintenance of accounting and financial records and reports; perform a wide variety of general and advanced accounting and finance work under minimal supervision. Responsible for keeping records and accounts accurate and current in accordance with Generally Accepted Accounting Principles (GAAP).

Responsibilities

• Upholds U1 Values
• Trustworthy
• Perform daily banking reconciliation, ensuring proper balances are maintained.
• Process timely payment of federal withholding taxes.
• Follow directions.
• Friendly
• Effective and professional relationships with all levels of employees.
• Maintain the Credit Union's professional reputation, both internally and externally.
• Reliable
• Keep records and accounts in accordance with GAAP.
• Perform accounts payable processing and pay invoices in a timely manner and maintain accurate vendor records.
• Absorb responsibility for the accurate and timely completion of assigned accounting and finance functions.
• Manage full-cycle accounts payable, including invoice review, coding, and payment processing.
• Investigate and resolve discrepancies in financial records in a timely manner.
• Prepare daily and monthly reconciliation reports to support audit and regulatory requirements.
• Maintain accurate financial documentation in accordance with GAAP, policies, and compliance standards.
• Support month-end and year-end close processes, including accruals, journal entries, and financial reporting.
• Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and management.
• Ensures that work area is clean, secure, and well maintained.

Qualifications

• Education/Certification: High school diploma or equivalent is required. Associate's degree in accounting is preferred.
• Experience: At least two years of similar or related accounting or bookkeeping experience is required. Experience in and knowledge of general ledgers and generally accepted accounting principles (GAAP) is required. Experience with the Fed Reserve, Corporate One, and KeyStone are preferred.
• Knowledge/Skills/Abilities: Knowledge of basic accounting concepts and procedures including account reconciliation. Knowledge of related computer applications. Proficiency in Microsoft Office software. Able to operate general office equipment including 10-key calculator and be able to use PC spreadsheet software. Well organized and detail oriented. Good math skills. Strong analytical skills to identify, research, and resolve discrepancies. Excellent analytical, interpersonal, and communication skills.