Senior Accounting Clerk

Assists management with ensuring overall accuracy and integrity of financial data and is responsible for the more advanced general ledgers and critical accounting responsibilities. Assists with day-to-day questions/requests and with other needs in the absence of the Accounting Manager. Assist with internal and external audit and examinations and regulatory filings. Assist with special projects as needed. Responsible for maintaining the Credit Union's accounting records and reports, insuring they are in compliance with generally accepted accounting practices and credit union accounting practices.

Essential Functions & Responsibilities:

• Prepares, reviews, and verifies the accuracy of journal entries, accounting classifications, and general ledger transactions in accordance with established Credit Union policies and procedures.
• Prepares and analyzes financial statements, including income statements, balance sheets, consolidated financial reports, and other required accounting reports. Provides recommendations regarding reserves, assets, expenditures, and other accounting matters.
• Performs daily accounting operations, including postings, reconciliations, debit card and ATM processing activities, and resolution of out-of-balance conditions. Researches and corrects discrepancies, communicates required adjustments to appropriate personnel, and resolves system-related errors.
• Completes reconciliations for Federal Reserve Bank accounts, general ledger cash accounts, purchased loan servicing activities, and other assigned accounts. Assists with month-end and year-end closing processes and audit preparation.
• Reviews and reconciles monthly reports, loan payoffs, adjustments, interest rates, and paid-to-date information related to purchased loan servicers. Identifies and corrects discrepancies prior to month-end processing.
• Produces month-end, quarter-end, and other periodic financial reports to support management reporting and financial statement preparation.
• Maintains fixed asset records and depreciation schedules using Fixed Asset Software (FAS), ensures accurate recording of asset acquisitions and disposals, coordinates physical inventory activities for all branch locations, and prepares required roll-forward schedules.
• Maintains accounting records, files, expense reports, and supporting documentation. Ensures all required reports are completed accurately and submitted within established deadlines.
• Collaborates with internal departments to obtain information, research transactions, resolve discrepancies, and ensure the accuracy of financial records.
• Keeps management informed of departmental activities, significant issues, operational concerns, and recommendations for process improvements.
• Ensures compliance with all Credit Union policies and procedures, as well as applicable federal and state laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Performs other job-related duties as assigned.