JOB DESCRIPTION Accountant Classification Exempt Reports to
Chief Financial Officer Summary The Credit Union Accountant manages the credit union's financial records, prepares financial statements, oversees regulatory compliance, and performs various accounting tasks like account reconciliation, budgeting, and accounts payable. Key skills include strong attention to detail, analytical thinking, familiarity with accounting software, knowledge of financial reporting standards and experience with credit union-specific regulations. Responsibilities also involve collaborating with internal and external stakeholders, supporting audits, and ensuring the overall financial health and stability of the institution Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. - Maintain accurate and organized financial records, including general ledgers, accounts payable and asset management
- Prepare and analyze financial statements, budgets, and other management reports for senior management and Board of Directors
- Responsible for creating and maintaining Financial Statements and Reports
- Ensure adherence to all relevant federal, state and industry specific regulations, especially those related to credit unions
- Perform daily, weekly and monthly reconciliations of general ledger accounts and cash accounts to ensure accuracy
- Responsible for balancing and maintaining General Ledger items
- Prepare daily Bank Reconciliations and transmittals
- Process and approve vendor invoices, ensuring timely and accurate payments
- Assist with developing and maintaining accounting procedures and identify areas for improving efficiency within accounting systems
- Generate and review various financial reports, analyzing trends and discrepancies to support informed decision-making
- Responsible for creation, maintenance and storing of Credit Union Month-end processing items and closings
- Ensure Quarterly call reports are filed at the end of each quarter and stored appropriately for future reference
- Serve as backup for payroll processing
Essential Skills & Qualifications - Technical Skills – Proficiency in accounting software, Microsoft Excel and other relevant financial management systems
- Analytical Skills – Strong ability to analyze financial data identity trends and resolve discrepancies
- Attention to Detail – must have a keen eye for detail as this is critical for maintaining accuracy in financial records and reports
- Organizational Skills – Ability to manage multiple tasks, prioritize workloads and meet deadlines effectively
- Communication Skills – Strong verbal and written communication skills for interacting with internal and external members and other departments
- Regulatory Knowledge – Solid understanding of credit union-specific accounting principles and regulatory compliance requirements
- Problem Solving Abilities – Ability to identify issues and suggest solutions in the best interest of the credit union
Competencies - Accounting Quality
- Decision Making/Judgement
- Policy Compliance
- Appearance & Grooming
- Ethics
- Accountability
- Teamwork
- Leadership
This job requires an understanding of and compliance with the Bank Secrecy Act, OFAC, the USA PATRIOT Act, and related 1DCU policies and procedures, including the reporting of suspicious activity, including insider abuse, as directed. The role includes the management and support of subordinate team members’ responsibilities in these areas. Supervisory Responsibility This position has no supervisory responsibilities Work Environment This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Physical Demands This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand as necessary. Position Type/Expected Hours of Work This is a full-time position. Hours worked may exceed 40 hours per week. Occasional evening and weekend work may be required as job duties demand. Travel This position may require occasional travel, up to 25%. Required Education, Experience, & Skills - Bachelor’s degree in Accounting or Finance
- 8 to 10+ years of Financial Institution accounting experience in lieu of Degree
- Accredited ACH Professional (AAP) preferred.
- Previous Credit Union/Financial Institutions experience preferred.
- Strong verbal, written, and analytical skills.
- Advance skill set using Microsoft Office
- Intermediate to Advanced skill set using Microsoft Excel
- Advance experience in using Finance/Accounting/Payroll software.
AAP/EEO Statement One Detroit Credit Union is an equal opportunity employer. Other Duties Other duties as assigned.
|