What are the responsibilities and job description for the Accounting Specialist position at 1st Community Federal Credit Union?
Under general supervision, and in accordance with established policies and procedures, performs a variety of accounting functions as assigned. Research complaints and resolutions for members and credit union departments. Cross trained in all areas of the Accounting Department; however specific daily duties are assigned. Works various other accounting reports.
PRIMARY RESPONSIBILITIES
- Sends, receives, and posts FedLine wires. Retrieves FedLine reports to balance bank wires.
- Balances general ledgers associated with duties.
- Processes charged back checks to member accounts and sends appropriate correspondence.
- Performs clerical duties associated with forced-closed and charge off checking or savings accounts.
- Balances teller, vault cash, and CDM totals to general ledger and makes necessary corrections.
- Research ATM outages and compares with reports from FIS.
- Reconciles and settles money orders, gift cards, and cash advances to include balancing to the general ledgers and the sales tickets.
- Reviews share draft reports for exceptions and problems, including share draft encoding errors, and determines how to handle each. Communicates with Xtend regarding any issues.
- Stale dates and cancels credit union checks in accordance with policies and procedures.
- Posts charge off and bankruptcy recoveries.
- Set up Vendors on the Accounts Payable system to pay approved and properly coded credit union invoices.
- Issues and mails checks for approved bills and files invoices. Answers vendor inquiries.
- Assists members and staff with questions regarding Bill Pay.
- Approves ACH Origination requests on CatalystPay and scans agreement when completed.
- Administers all member loan insurance, to include claims, refunds, payments, monthly and quarterly billings, and reconciliation of the general ledgers.
- Administers GAP, Vehicle Service Contracts, and Loyalty Advantage.
- Prepares report for Econo Check and wires payment.
- Researches accounts and answers member and staff questions.
- Complies with all applicable laws, regulations, and credit union policies and procedures.
- Represents the credit union in a professional manner and cross-sells services whenever possible.
- Follows the expectations set in the Member Service Values.
Education: High school diploma or equivalent. Coursework in bookkeeping or accounting helpful.
Experience: Six months of applicable experience. Credit Union experience helpful.
