Job Description

The incumbent works under the direct supervision of the Controller. Responsible for providing accurate, timely maintenance and control of credit union records, transactions, bank reconciliations and trial balances. Records generated and maintained by the incumbent must be entirely accurate and up to date.

Duties & Responsibilities

• Processes and balances daily import between Wisdom and Episys, as needed.
• Accountable for all books and records of the credit union operation and their accounts.
• Review and analyze all general ledger accounts monthly to ensure that established accounting procedures are being followed.
• Responsible for ensuring the reconciliation of credit union banking relationship accounts.
• Prepares data for monthly board reports and ALCO reports and quarterly NCUA Call Report.
• Prepares and enters monthly standard journal entries and standard post closings.
• Recommends and assists with modifications or revisions to department policies and procedures.
• Ensures member information is kept confidential and properly always secured.
• May back up other accounting team members’ functions in his/her absence or whenever necessary.
• Monitors daily cash position and processes wire transfers when necessary.
• Assists in training new employees in miscellaneous phases of accounting.
• Balance all inventory accounts monthly.
• Assists in the preparation of the annual budget, as needed.
• Balances First New York FCU’s biweekly payroll.
• Performs other duties as may be assigned.

Requirements

• Bachelor’s degree in business administration or accounting and the following courses completed: Principles of Accounting I & II and Intermediate Accounting I & II. Cost Accounting is also recommended.
• Overall knowledge of GAAP theory and practices.
• Ability to interpret financial and statistical reports.
• Should become familiar with all credit union policies pertaining to share and loan accounts.
• Should have the ability to interpret and explain credit union policy and transactions posted to member accounts.
• Proven ability to work both independently and collaboratively with different levels of employees.
• Should have general knowledge of various business machines including PC experience, proficient in Word and EXCEL, internet, keyboarding and 10 key calculator skills.