Accounting - Junior Staff Accountant

JOB TITLE: Junior Staff Accountant
DEPARTMENT: Accounting
STATUS: Exempt
JOB CODE: 4202
PAY RANGE: $70,304.00 ANNUALLY

GENERAL DESCRIPTION:
The Junior Staff Accountant is an intermediate level position that supports the Accounting department by providing value added service to members, credit union staff, and vendors in a professional, efficient, courteous, and respectful manner. Embrace and embody Golden 1’s mission, vision and core values. Ensures accurate and ethical accounting treatment of Credit Union activities in all financial statements and reporting. Using discretion and independent judgement, proactively engage stakeholders to identify solutions designed to assist them in achieving the strategic initiatives of the Credit Union.

TASKS, DUTIES, FUNCTIONS:
Perform the following job duties and responsibilities in accordance with corporate policy and procedures, within established timeframes:
1. Analyze general ledger accounts.
2. Monitor and maintain sub-ledgers.
3. Reconcile, research, and clear differences.
4. Develop process improvements to accounting systems and procedures to mitigate/resolve systemic issues and outages.
5. Data entry and recordkeeping.
6. Prepare journal entries for the Credit Union.
7. Review and research monthly income statement variances.
8. Participate in department projects by providing expert advice to management on all items related to their accounting specialization(s).
9. Initiating and leading meetings to resolve issues.
10. Contributes to the preparation and review of internal financial reports, including Cash Flow, Financial Statements, variance, statistical reporting, and other ad-hoc reporting.
11. Formulate, affect, interpret, and implement management policies and procedure practices for all position functions.
12. Update procedures in response to changes in operational activities or technological upgrades, as needed.
13. Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy act (BSA) and anti-money laundering laws appropriate to the position.
14. Ensure compliance with applicable standards, rules, regulations and systems of internal control.
15. Preparation of audit work papers/computer spreadsheets for internal auditors.
16. Independently formulate budget expectations for accounting specialization(s) in budget preparation, analyzing past performance and anticipating likely future implications.
17. Proactively develops and delivers solution recommendations to management.
18. Contributes to the preparation and review of external financial reports, including Investments, Financial Statements, variance reports, regulatory reports, Board reports, statistical reporting, peer reporting, and other ad-hoc reporting.
19. Increase productivity by developing automated applications, eliminating duplications and coordinating information requirements.
20. Perform reviews or validations of Accounting Specialist work prior to, or in lieu of, review by Accounting Supervisor.
21. Influences capital project planning.
22. Perform other duties as assigned.
Specializations in this position may include intermediate knowledge in one or more of the following:
• Accounts Payable (Invoice Processing, Expense Report Processing, Travel Advance Processing, Corporate Card Reconciliation, 1099 Reporting)
• Prepaid Expense and Accrual Tracking
• Fixed Asset Accounting (Property Tax Reporting, Budgeted Project Tracking)
• Financial Statement Analysis and Reporting
• Financial Institution Balancing and Reconciliation Activities:
◦ ATM Balancing
◦ Negotiable Items (Check Deposits, Cashier's Checks, and Money Orders)
◦ Shared Branch Operations (SBO)
◦ FED & Member Adjustments
◦ Vault/Cash Balancing
◦ Loan Accounting and Reporting (FAS91 Cost Estimates, Mortgage Servicing Rights)
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
1. Effective oral and written communication skills required to perform duties.
2. Must possess sufficient manual dexterity to skillfully operate a personal computer and other standard office equipment, such as a 10-key calculator, copy machine, and telephone.
3. Must work independently with minimal direction and exhibit own initiative.
QUALIFICATIONS:
1. EDUCATION: Bachelor's Degree in Accounting or equivalent combination of education, training, and experience required.
2. EXPERIENCE: Two years experience in accounting, financial institution, or equivalent preferred.
3. KNOWLEDGE/SKILLS:
◦ Functional:
▪ Functional Knowledge in the following areas: Federal Rules and Regul