Accounting Specialist

Description

Reports to: Accounting Manager 

Department: Accounting Department

Job Group: Non-Exempt 

Direct Reports: None

The Accounting Specialist performs accounting functions, including daily settlement processing; processing member account adjustments; reconciling the core system to the general ledger; reconciling assigned general ledger accounts; and process accounts payable transactions. The incumbent is expected 

to be friendly, courteous and helpful, with an emphasis on quality of service, with every contact. 

GENERAL RESPONSIBILITIES 

Responsibilities can fluctuate day to day depending on need of the Department but the primary duties are listed below: 

• Perform a variety of activities to assist the manager in maintaining the financial, statistical, and accounting records of the credit union. 
• Enter data into accounting systems and generate reports on a daily basis. 
• Prepare various financial, regulatory, and special reports on a weekly, monthly, and quarterly basis or as requested by management. 
• Process employee expense reimbursements according to procedures established.
• Balance and post general ledger entries, and proof totals with the general ledger system.
• Prepare, pay, and file accounts payable for the credit union. Research and resolve discrepancies with vendors. 
• Maintain working knowledge of various accounting software programs.
• Review and process all incoming garnishments and levy’s into the credit union.
• Process and review all ACH originations and wire transfers on a daily basis.
• Prepare and enter daily and monthly general ledger transactions including investment activity and schedules, employee payroll, pension and 401(k) entries. 
• Analyze and reconcile general ledger, statements and settlements for various accounts as assigned. 
• Post and reconcile the subsidiary records for the accrued income from investment accounts.
• Review daily cash balances.
• Research and adjust all open items, cash imbalances and variances.
• Set-up and run all prepaid and fixed asset items in the depreciation program.
• Serve as backup for other accounting/back office positions as needed.
• Perform other related duties and special projects as assigned.

Requirements

POSITION QUALIFICATIONS 

The requirements listed are representative of the knowledge, skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Education and/or Experience: 

• High School Diploma or one (1) or more years of related experience and/or training; or the equivalent combination of education and experience. 
• Work related experience should consist of a background in accounting or a financial institution. 

Skills/Physical Abilities: 

• Read, write reports and speak effectively to respond to questions from groups of employees, managers, members, and/or the general public. 
• Perform basic math skill and to use decimals to compute ratios and percents, and to draw and interpret graphs 
• Define problems, collect data, establish facts, and draw valid conclusions with several abstract and concrete variables. 
• 100% Bondable and remain. 
• Good working knowledge of word processing software, spreadsheet software, e-mail software, use of the Internet and the ability to learn internal use software. 
• Lifting (up to 25 pounds), carrying, seeing (such as close, color and peripheral vision, depth perception, and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling, and reaching 
• Use of a telephone, cell phone, copy and fax machines, calculator, imaging equipment, postage meter, computer terminal, personal computer, related printers, and teleconferencing equipment. 

The above statements are intended to describe the general nature and level of work being performed. They are not to be construed as an exhaustive list of all job duties.

Michigan Legacy Credit Union employees are expected to perform the duties of their position in a way that shares knowledge, experiences, and ideas to foster an environment of continuous improvement.

Michigan Legacy Credit Union reserves the right to change this position description at any time according to business needs.