Accounting Specialist

JOB SUMMARY

This position works with various daily and monthly accounting processes and Accounts Payable, and performs general accounting functions requiring the application of basic accounting principles.

ESSENTIAL FUNCTIONS

May include any and/or all of the following:

1. Perform assigned monthly and quarterly general ledger account reconciliations in a timely and accurate manner.
2. Perform assigned month-end closing functions, such as allocations for postage, supplies and Xpress Data, and entries for Insurance Accruals, reclassifying certificate penalties, and Credit Life/Disability.
3. Process Collections monthly loan charge-offs on Symitar in an accurate and timely manner, paying close attention to the highly detailed nature of this task.
4. Process accounts payable invoices and expense reports, reviewing approvals for compliance with written guidelines, and assigning proper general ledger account coding.
5. Maintain accounts payable general ledger distribution tables.
6. Prepare and submit unclaimed property reports for states as due. Maintain documentation and monitor any stop-pay requests and re-deposits. Maintain adequate documentation for possible escheatment at a future date.
7. Maintain month-end spreadsheet of accrued expenses and book entries. Review vendors and expense GL’s for other invoices requiring accrual at month-end.
8. Review the internal member accounts for errors or negative balances.
9. Verify wires for proper posting to the GL’s.
10. Prepare and pay monthly sales tax with Oklahoma.
11. Provide assistance to internal audit/compliance department as needed.
12. Successfully complete all applicable compliance training and testing.
13. Perform other duties and responsibilities as assigned.

KNOWLEDGE, SKILLS, ABILITIES AND PERSONAL CHARACTERISTICS

• Knowledge of:*
  • • Modern office equipment
    • Basic Accounting
    • Technology and various software including Microsoft Word and Excel, Symitar, Synergy, HostLink Visa
• Ability to:*
  • • Solve practical problems and deal with variables in situations
    • Operate a personal computer and ten-key
    • Read and interpret a variety of instructions furnished in written, oral, diagram, and schedule form
    • Self direct with the initiative and drive necessary to activate a project from conception through completion
    • Organize and prioritize in order to meet deadlines
    • Maintain confidentiality and professionalism
• Skill in:*
  • • Strong verbal and written communication
    • Strong attention to detail and analytical skills
    • Typing and personal computer

QUALIFICATIONS

Critical Development Experiences:

Pursue opportunities for professional growth and development through training, education and self-study

Successfully complete all applicable compliance training and testing

Education and experience equivalent to:

High school diploma.

A minimum of one year up to three years of similar or related experience, including preparatory experience.

REQUIREMENTS

Regular attendance and timeliness are essential functions of this position. While performing this job, the employee is regularly required to sit or stand for a significant period of time and perform functions that require manual dexterity. The employee must occasionally reach above or below normal body position, stoop or bend, and carry, lift or move objects weighing up to 25 pounds. A normal range of hearing, vision, and speech are required to effectively work with co-employees and members.

REGULATORY COMPLIANCE & CONFIDENTIALITY

Follows regulatory and policy compliance requirements, which include those efforts in compliance with Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC) and Anti-Money Laundering (AML) Regulations, Identity Theft Red Flags and other compliance related Policies. This position also requires maintaining confidentiality with regard to non-public information about our members and the Credit Union.

This job description should not be interpreted as all inclusive. It is intended to identify the duties, responsibilities and requirements of this job. Incumbents may be requested to perform job-related responsibilities and tasks other than those stated in this description. Any physical demand of essential function or requirement of this position will be evaluated as necessary should an incumbent/applicant be unable to perform the function or requirement due to a disability as defined by the Americans with Disabilities Act (ADA). Reasonable accommodation for the specific disability will be made for the incumbent/applicant when possible.