Credit Union Staff Accountant

POSITION DESCRIPTION

Position Title: Credit Union Staff Accountant

REPORTING RELATIONSHIPS

Position Reports To: President/CEO

POSITION PURPOSE

Manage all practices and activities in the Finance and Accounting functions to ensure compliance with State and Federal rules and regulations. Manage auditing, accounting, and recordkeeping activities of the Credit Union to ensure they meet generally accepted accounting practices (GAAP). Make recommendations relating to budget preparation, income forecasts, and operational changes as needed. Assist CEO with the overall strategic direction and vision of the credit union.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

1. Manage the financial and accounting functions of   the Credit Union to include: ALM, AP, AR, budgets, GL, financial analysis, financial reporting and recordkeeping, investments, payroll, taxes and reconciliation of credit union cash accounts. 

2. Develop, implement, and evaluate policies and procedures for the Accounting/Finance function. Ensure that policies and procedures reflect current regulations and are communicated to and implemented by subordinates. 

3. Complete and analyze monthly financial reports. Present monthly reports to the Board of Directors and management as required. Ensure all regulatory and governmental reporting requirements are met. 

4. Monitor credit union dormant accounts. Send letters and generate reports to lead this function through the member representative team.

5. Identify areas for improvements, changes in procedures, new developments, or changes in services. Keep staff up to date on trends and general Credit Union information.

6. Perform all credit union back office duties as required.

7. Assist regulatory agency (NCUA) examiners and auditors. Prepare and provide reports as required.

8. Work with the CEO in identifying trends in the industry, instituting new programs or products, and evaluating products and services

9. Assist in preperation and implementation of the budget for the credit union that is consistent with the overall strategic plan.

10. Develop, apply and evaluate policies and procedures for the credit union.

11. Develop, implement, and maintain operational pocedures for the credit union.

12. Assists CEO with preparation of monthly Board Packet.

13. Assists CEO with year end reports as required by NCUA.

14. Uploads employee 401k retirement contributions report and helps CEO with proper entries into the plan.

15. Must learn most duties of the Member Serivce Representative including ACH and share draft processing.

16. Perform other duties, projects or tasks assigned. 

QUALIFICATIONS

Education/Certification: Equivalent to a college degree (Associates, BS or BA in a relevant field).

Required Knowledge: Thorough knowledge of financial and accounting practices and procedures.

Understanding of governmental regulations and reporting requirements. 

Familiarity with related auditing and information services functions.

Understanding of Credit Union operations and information needs.

Experience Required: 

Skills/Abilities: Excellent oral and written communication skills.

Knowledge of credit union services and philosophy

Ability to demonstrate good judgement, initiative and tact when dealing with co-workers and credit union members

Must be a critical thinker and problem solver

Ability to work under stress/deadlines

Professional appearance, dress, and attitude.

Working knowledge of related computer systems and applications.

Excellent analytical abilities.

Previous mortgage lending experience is helpful.

Must be able to become a notary.

Maintains confidentiality related to Credit Union operations and work-related information.

Deals with people and situations with a high level of skill, tact, and courtesy and manages communications and relationships between contacts.

TOOLS/EQUIPMENT: 

Customer Relationship Management CRM Software – [Various programs dependent on industry]

Electronic Mail Software – Microsoft Outlook

General – General office equipment such as calculators, computers, photocopiers, and scanners. Includes the ability to operate encoding, coin counting, and cash counting machines.

Internet Browser Software – Web browser software; Microsoft Internet Explorer; Microsoft Edge; Google Chrome

Operating Systems Software – Computer operating systems; e.g. Microsoft Windows 

Computer Software – Microsoft 365 Office Suite

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Average Hearing: Able to hear average or normal conversations and receive ordinary information.

Average Visual Abilities:Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.

Finger Dexterity: To individually, or as a group, flex and extend fingers for fine and precise manipulation of small items, or to activate a keyboard mouse. Handling or touching with the fingers, e.g., turning switches on/off, using a telephone push button or 10-key calculator.

Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. 

Pulling: Using upper body to exert force in order to draw, haul, or tug objects in a sustained motion.

Pushing: Using upper body to press against something with steady force in order to thrust forward, downward or outward.

Repetitive Motion:Movements frequently and regularly required using the wrists, hands, and/or fingers.

Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

WORKING CONDITIONS

None. No hazardous or significantly unpleasant conditions (such as in a typical office).

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Establishing Work Relationships - Establishes and maintains cooperative working relationships.

Number Facility – The ability to add, subtract, multiply, or divide quickly and correctly.

Oral Comprehension — Listens to and understands information and ideas presented through spoken words and sentences.

Oral Expression — Communicates information and ideas in speaking so others will understand.

Speed of Closure - Quickly makes sense of, combines, and organizes information into meaningful patterns.

Written Expression — Communicates information and ideas in writing so others will understand.