Accountant I

Job Description

Job Description

Description:

This position is located in Wilmington, North Carolina

The Accountant I is responsible for the preparation of monthly general ledger entries, account reconciliations, and various other accounting reports to aid in the completion of financial reporting in an accurate and timely manner. The Accountant I is also primarily responsible for Accounts Payable which includes processing invoices and timely payments via check requests or wire transfers, monitors email for invoices and communication with vendors, obtaining invoice approval from senior leaders, and preparing and filing year-end Form 1099 MISC reporting.

Key Performance Expectations:

• Responsible for being knowledgeable of, and ensuring that Service Standards, as defined and established by the Credit Union, are actively pursued and routinely achieved in the day-to-day performance of job duties. Ensure compliance with Generally Accepted Accounting Principles (GAAP) and Credit Union’s policies and procedures.
• Perform complex accounting activities associated with month end, quarter end, and year end reporting, including variance analysis.
• Prepare journal entries and post to correct general ledger accounts. Reconcile transaction amounts to the subsidiary ledger and supporting documentation.
• Responsible for accurate and timely reconciliation of the general ledger accounts and other fiscal records.
• Primarily responsible for performing day-to-day processing of Accounts Payable transactions to ensure payments are paid in an accurate and timely manner. Receives and verifies invoices, check requests, expense reports; and initiates and confirms wire transfers. Verifies transactions comply with Accounts Payable guidelines and procedures.
• Manage the weekly check run and other payment distributions such as direct deposit, and corporate Visa payments.
• Resolve and research bill discrepancies (such as price variances, increased invoice amounts, other questions etc.) in effective communication to vendors, staff or approval managers.
• Obtain a completed and signed Federal form W-9 (Request for TIN and Certification) by vendor for compliance purposes.
• Assist in gathering information and preparing lead schedules for internal and external audits.
• Participation in the Call Report preparation and other regulatory reports.
• Assists in the development of desktop procedures and work flowchart.
• Partner with different work groups in the Credit Union and assist with projects or various initiatives.
• May require working overtime in the evenings or on weekends during peak periods.
• Maintain positive work relationships with team members.
• Updates VP, Accounting and Controller on critical issues or out-of-balance situations.
• Perform other duties, as assigned

Required Experience and Education

• Bachelors Degree in Accounting
• 1-2 years of accounting and financial reporting experience
• Advanced Microsoft Office skills in Excel and use of pivot tables
• Possess accounting expertise, problem solving and analytical skills

Desired Experience and Education

• Work experience ideally in a financial institution setting
• Bilingual a plus
• Epicor

Key Competencies:

• Passionate / Values Based
• Building Trusting Partnerships
• Communication
• Critical Thinking
• Decision Making
• Analytical
• Adaptability

Physical Demands

Reasonable accommodations may be made to enable individuals with disabilities.

While performing the duties of this job the employee may be required to use hands to finger, handle, or feel; and talk and hear. The employee frequently is required to walk and reach with hands and arms and stand for long periods of time. The employee is required to occasionally sit, stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and ability to adjust focus.

Work Environment

Generally performs job duties in a typical office environment. Team Member will be exposed to moderate stress levels associated with the performance of the job duties described above. There may be extended periods of computer and telephone use while performing job duties. Employee will be intermittently seated, standing and/or walking during the course of a normal business day. While every precaution is taken to avoid exposing employees to dangers in the workplace, working in a financial institution may expose employees to certain hazards in the event of criminal activity including robbery and/or attempted robbery.

***The above statements reflect the general details necessary to describe the principle functions of the position described and shall not be construed as a detailed description of all work requirements that may be inherent in the position. Management retains the discretion to add to or change the duties of the position at any time.***