Technical Accountant I

Job Description Summary

Performs technical accounting research and complex analysis of financial information/transactions to make recommendations to management that are in accordance with NCUA guidelines and accounting standards. Stays current with changes in those guidelines and standards to ensure the Credit Union remains compliant. Assists with financial statements and reports including, but not limited to: Chart of Accounts, Cost Center Hierarchy, and Workday financial reports. Assists with the accounting for and consolidation of the CUSOs to ensure proper classification of balance sheet and income statement items and timely reporting on a monthly basis. Maintains Accounts Receivable and Fixed Assets. Assists with the annual financial statement audit and NCUA examination by preparing schedules.
The Technical Accountant I is distinguished from a Technical Accountant II by their applicable experience and responsibility for carrying out assigned processes and activities independently and the complexity of those duties.

Job Description

Essential Duties and Responsibilities

• Prepares a variety of financial statements, reports, and supporting schedules for RFCU and CUSOs.
• Participates in and contributes to the establishment of ongoing accounting frameworks.
• Balances and reconciles assigned general ledger accounts; prepares and maintains a variety of records and reports.
• Prepares accruals/deferrals, as needed, including, but not limited to leases, property taxes, and prepaid expenses.
• Maintains fixed assets (including acquisitions, disposals, depreciation, amortization).
• Maintains accounts receivable.
• Assists in month-end general ledger analyses and report preparation.
• Assists with research and complex analysis to ensure compliance with accounting standards and NCUA guidelines.
• Assists with the preparation of the annual audited financial statements and the NCUA Call Report by summarizing data, preparing reports, presenting findings, and making recommendations.
• Assists with process improvements and makes recommendations for improvements to the efficiency and accuracy of business processes, all while keeping adequate controls in place to safeguard the assets of RFCU and related entities.
• Finds ways to continually improve the efficiency of departmental processes to provide the best service to our internal and external members.
• Assists staff in interpreting and applying policies, procedures, and regulatory requirements.
• Develops teamwork and collaborative relationships within the Credit Union.
• Promotes the Credit Union by participating in community involvement and special events.

Company Wide Expectations

• Maintains a professional image and demeanor at all times, consistently demonstrating Credit Union RISE Values and adhering to the Code of Ethics.
• Delivers friendly, caring service to internal and external members.
• Complies with all applicable State, Federal and NCUA rules and regulations and all Credit Union policies and procedures.
• Follow all physical and online security procedures and maintain strict confidentiality of all member information.
• Completes all required regulatory and compliance training and maintains required knowledge of Credit Union products and services.
• Works scheduled hours and maintains punctuality.
• Performs other related duties as assigned or requested.

EDUCATION/EXPERIENCE

Minimum Qualifications

To perform this job satisfactorily, an employee must be able to carry out each essential duty competently. The requirements listed below are representative of the education, experience, skills and abilities required.

An equivalent combination of education and experience may be considered.

4 Year / Bachelors Degree in Accounting - Required

2 Years Experience in Accounting -- Required

Workday Financials experience -- Preferred

Strong excel skills -- Preferred

Experience in technical GAAP research, interpretation of regulatory guidance, fixed assets, and financial statement preparation -- Preferred

Skills/Abilities

• Analyze detailed accounting and financial information and make recommendations in accordance with Credit Union policies and procedures and applicable regulatory requirements.
• Research issues using published accounting standards to determine appropriate accounting treatment.
• Provide guidance in the resolution of complex problems utilizing advanced knowledge and experience within areas of responsibility.
• Learn and apply information, on a wide range of Credit Union products, services, and regulatory compliance requirements in order to assess member