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, ensuring records and accounts are accurate and current in accordance with Generally Accepted Accounting Principles (GAAP). Research and resolve discrepancies and accounting/financial errors, complete related reports and summaries, and conduct special projects as assigned.

Responsibilities

• Perform daily banking reconciliation, ensuring proper balances are maintained.
• Process timely payment of federal withholding taxes.
• Perform accounts payable processing and pay invoices in a timely manner; maintain accurate vendor records.
• Assist in managing key financial records, including journal entries, reconciliations, and month-end closing processes.
• Perform daily general ledger balancing and reconcile accounts to ensure accuracy and compliance with internal controls; identify and resolve discrepancies promptly.
• Record and post journal entries for daily transactions, adjustments, and reconciliations.
• Process daily banking transactions, including ACH, wire transfers, remote deposits, and others as assigned; reconcile transactions and prepare reports.
• 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.
• Maintain regular contact with other departments to obtain information and/or correct transactions; meet deadlines and complete reports accurately.
• Keep management informed of area activities and any significant problems or concerns; attend meetings as required.
• Establish and maintain professional business relationships with the community, Credit Union members, other financial institutions, and accounting professionals while ensuring confidentiality.
• Resolve discrepancies and errors promptly; represent the Credit Union in contacts with business associations to promote its image.
• Complete special projects as assigned and perform related duties as needed.
• Ensure work area is clean, secure, and well maintained.

Requirements

• High school diploma or equivalent is required; Associate's degree in accounting is preferred.
• 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 of basic accounting concepts and procedures, including account reconciliation.
• Proficiency in Microsoft Office software and related computer applications.
• Able to operate general office equipment, including 10-key calculator, and use PC spreadsheet software.

Skills

• Well organized and detail oriented.
• Good math skills and strong analytical skills to identify, research, and resolve discrepancies.
• Excellent analytical, interpersonal, and communication skills.

Work Environment

The work environment is typically an office or call center with a moderate noise level. The role involves sedentary work with sitting most of the time.

• Ability to hear normal conversations, type, pick up small objects, and convey detailed instructions accurately.
• Ability to deal with a variety of variables under limited standardization and interpret various instructions.
• Ability to perform basic math skills, compute ratios and percents, and draw and interpret graphs.
• Ability to apply common sense understanding to carry out detailed instructions and deal with complex problems.
• Ability to communicate in complex sentences using proper grammar, punctuation, and spelling.
• Ability to read a variety of job-related print and electronic materials and prepare memos, reports, and essays.