Financial Services Senior Accountant
Chevron Federal Credit Union is one of the top-run credit unions in the country and one of the largest, with $5 billion in assets. Yet our corporate culture is not stuffy : the Team Spirit Committee runs fun activities and charitable events throughout the year, and work-life balance, mutual respect, diversity, and providing a voice for every employee are all important to us. As you might imagine, we provide competitive pay and great benefits, including :
- Bonus / incentives for all regular employees
- 401(k) with 8% company contribution
- Medical, dental, and vision insurance for employees and dependents paid at 80%
- PTO and paid sabbaticals
- Tuition reimbursement
General Summary
The Financial Services Senior Accountant will apply principles of accounting to balance all Credit Union daily cash flows with third parties and utilize internal and external settlement systems and data to prepare and complete settlement schedules. Having had years of experience in an accounting department's month-end close processes, able to slide easily into the position. Strong ability to implement process automation through Excel, Power BI, and SQL are required. The ideal candidate will possess exceptional critical thinking skills with a strong focus on continuous improvement. The role requires strong problem-solving abilities and a strong Excel skillset. The ideal candidate will work under limited supervision and in compliance with established policies, procedures, vendor agreements, and regulations.
Position Duties & Functions
ATM Deposit ReconciliationsPrepares daily reconciliations of ATM Network Settlement.
Prepares daily reconciliations of ATM Foreign Network Settlement.Prepares daily reconciliations of Fiserv Network Settlement.Researches differences and posts adjustments / corrections in a timely manner (as prescribed by network rules) to minimize member inconvenience and risk to the Credit Union.Branch Deposit ReconciliationPrepares daily deposit reconciliations for all Credit Union channels.
Branch
Mobile (both phone and scanner)ATMOther channels as introduced by the Credit UnionAdvises branches of deposit adjustments as needed, ensuring they have all information required to post to the appropriate member account.Financial AnalysisCreates Accounting group month-end calendar preparation and monitors / updates all groups regarding monthly close status on a daily basis during month-end close.
Compiles and analyzes financial information to prepare entries to general ledger accounts, such as loan, share, and investment transactions.Conducts research and analysis to develop financial data for inclusion in various reports, as necessary.Prepares monthly Dividend Testing spreadsheet to ensure share dividends adhere to policy.Prepares complex general ledger entries from provided source documentation as required during month-end processing.Analyzes and enters accruals monthly and true ups quarterly and recommends adjustments as needed.Shared Branch ReconciliationPrepares daily Shared Branch reconciliations.
Researches differences and posts adjustments / corrections in a timely manner.Reviews Reports and Post Adjustments to Clear Outstanding Items DailyGL Exceptions
Teller ExchangeGL VarianceShare and loan to GL BalancingBackup Role DutiesPayroll
Various agency emailing and case work as neededNew state employer account creationMultiple reporting requirements on a yearly and quarterly basisMaintains work location matrixCreation and processing of multiple state POA's for UKG complianceVerification of Employment data requests for HR401k payroll reportingACA ReportingCompiles financial information and prepares some or all of the following, as directed :Daily Position
Internal Account Wire TransfersOther ad hoc reportsPrepares monthly Dividend Testing spreadsheet to ensure share dividends adhere to policyPrepares monthly Capital Budget Worksheet and distributesVendor Management in Concur AP PortalReviews journal entries for completeness and accuracyOtherOther duties as assigned
Prepares bank draw downs and wire transfers of CFCU fundsProcesses GL clearing forms received from branches / departmentsProcesses daily journal entries as assignedPosition Requirements
Experience and Education
RequiredBachelor's degree in accounting or a related area from four-year college or university
Strong ability to problem-solve and come up with solutions on the flyStrong attention to detailUnderstanding of accrual-based accountingAbility to analyze data, explain results, and demonstrate good business judgementStrong curiosity in fundamentals of the job, a willingness to seek answers via questions, and take initiative4 years having worked in an accounting department performing month-end close processesPreferredThree to five years of experience in the finance industry
Settlement accounting experienceGeneral ledger reconciliation experienceExperience processing payrollExperience with EpisysExperience with FiservAudit experienceKnowledge and Skills
Language Skills
Ability to read, analyze, and interpret information on professional and technical journals, financial reports, legal documents, and internal systems and documentsAbility to write routine reports and correspondence, including email, using correct spelling and grammarAbility to understand purpose of intended email and succinctly relay what is neededAbility to speak clearly, tactfully, and effectively to members, volunteers, and employees at all levels of organizationAbility to effectively present information in one-on-one and small group situationsMathematical Skills
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimalsAbility to compute rates, ratios, and percentages and to produce and interpret graphsComputer Skills
RequiredProficient in the use of MS Word, MS Excel, and other basic applications in a Windows-based environment
Power BIMicrosoft SQL ServerAdvanced knowledge of Excel (Proficient with Excel VLOOKUP's, macros, and pivot tables)Ability to effectively communicate via email, chat, and on-line meeting applicationsWorks well with both intra and inter (non-accounting)-departmentsPreferredExperience with : Concur
FiservOnBase