Accounting Analyst

Description

Position Overview: The Accounting Analyst plays a critical role in ensuring the accuracy, integrity, and efficiency of financial operations within the organization. This role is responsible for managing and assisting with general ledger reconciliations, financial analysis, reporting, and special projects. The Accounting Analyst will collaborate closely with the Controller, accounting specialists, and other departments to support financial initiatives and maintain compliance with internal policies, GAAP, and IRS regulations.

What You Will Do

General Ledger & Financial Analysis

• Review and reconcile general ledger (GL) accounts to ensure accuracy and completeness
• Identify and resolve discrepancies between GLs and core reports
• Assist in the preparation of financial statements and management reports
• Analyze and document capital expenditures, ensuring proper supporting documentation is maintained
• Review and record prepaid expenses, ensuring correct allocation within GLs
• Maintain and update the month-end checklist to ensure all tasks are completed on time and accurately
  
  

Month-End & Year-End Close Processes

• Assist in managing month-end and year-end financial close procedures
• Support accruals, adjustments, and financial statement preparation
• Prepare and review journal entries to ensure compliance with GAAP
• Ensure timely and accurate completion of all month-end reconciliations according to department expectations
  
  

Financial Reporting & Compliance

• Assist with monthly and quarterly reporting, including call reports, bond claims, and board of directors’ reporting
• Analyze and reconcile Federal Reserve and corporate accounts daily
• Conduct thorough reviews of loan and share accounts to identify and resolve variances
• Support internal and external audit processes, including data collection and reporting
• Perform Credit Union Service Organization (CUSO) accounting as required
• Ensure compliance with regulatory reporting and financial guidelines
  
  

Process Improvement & System Support

• Assist in maintaining the Accounting Manual and related Standard Operating Procedures (SOPs)
• Evaluate existing accounting processes and recommend improvements to enhance efficiency and accuracy
• Provide assistance with core and GL system modifications, including testing and implementation of system changes
• Act as a Subject Matter Expert (SME) for accounting-related projects and initiatives
  
  

Collaboration & Stakeholder Engagement

• Work closely with the Controller and other accounting team members to support strategic financial objectives
• Build strong relationships with internal teams, including finance, operations, and compliance departments
• Assist accounting specialists with training and troubleshooting accounting-related issues
  
  

Requirements

Our Ideal Candidate

• Bachelor’s degree in Accounting, Finance, Business, or a related field
• Minimum of three (3) years of experience in general accounting, financial reporting, or financial analysis
• Experience in financial institutions or corporate accounting preferred
• Strong understanding of GAAP and financial reporting standards
• Advanced knowledge of accounting transactions, including debits, credits, and journal entries related to wires, ACH, and inclearings
• Familiarity with corporate account systems and reconciliation processes
• Proficiency in Microsoft Office Suite, particularly Excel (pivot tables, VLOOKUPs, data analysis)
• Experience with financial and accounting software systems
• Strong analytical and problem-solving skills
• Excellent verbal and written communication abilities
• Highly organized with exceptional attention to detail
• Ability to work both independently and collaboratively in a fast-paced environment
• Ability to handle sensitive financial information with confidentiality and discretion
  
  

Reports To

• Controller
  
  

Environmental And Physical Activity Requirements

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. The daily responsibilities of this position constantly require effective talking, hearing, walking, finger dexterity, reaching, stooping, and grasping functions. The position also often requires reaching and lifting (up to 25 pounds). Frequent sitting, standing, and repetitive motion activities are also required. Must be able to read print and computer-based materials and to do so with consistent accuracy. Most of these functions require light physical exertion and are conducted indoors at controlled degrees of temperature.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.