What are the responsibilities and job description for the Accounting Associate position at Naveo Credit Union?
Description
About us
Naveo is a not-for-profit financial institution (with locations in Somerville and Cambridge) focused on serving our members as partners, guiding them towards their financial goals. We embrace their personalities, cultures, and ambitions, tailoring our services to fit their needs and creating a financial plan that matches up with their current and future goals. At Naveo, it's your journey.
Our team is made up of experienced and dedicated employees seeking to make an impact in the communities we serve by supporting our local economy, small businesses and community organizations. Interested in bringing value to our members and neighbors? Seeking to develop your skills? You might be a fit for one of our openings.
About The Role
Performs tasks necessary to balance and update general ledger accounts. Prepares reconciliations of daily bank and cash accounts, process all accounts payable, and perform various other clerical and data entry duties as needed.
Responsibilities include
General Ledger - Oracle
Our ideal candidate looks like
Education/Experience
More About Us
Naveo Credit Union, formerly Cambridge Portuguese Credit Union, was incorporated in 1928 by members of the Portuguese-American community as a place for their community to grow their savings with confidence and borrow money at low rates. In 2014, we changed our name to Naveo Credit Union to complement the changing demographics of the area -- we welcome everyone in the community to become a member. We are socially responsible, supporting local non-profit organizations that serve our membership.
Naveo is an equal opportunity employer that values diversity. We do not discriminate based on perceived or actual race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, or status as an individual with a disability. Naveo is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment and activities.
About us
Naveo is a not-for-profit financial institution (with locations in Somerville and Cambridge) focused on serving our members as partners, guiding them towards their financial goals. We embrace their personalities, cultures, and ambitions, tailoring our services to fit their needs and creating a financial plan that matches up with their current and future goals. At Naveo, it's your journey.
Our team is made up of experienced and dedicated employees seeking to make an impact in the communities we serve by supporting our local economy, small businesses and community organizations. Interested in bringing value to our members and neighbors? Seeking to develop your skills? You might be a fit for one of our openings.
About The Role
Performs tasks necessary to balance and update general ledger accounts. Prepares reconciliations of daily bank and cash accounts, process all accounts payable, and perform various other clerical and data entry duties as needed.
Responsibilities include
General Ledger - Oracle
- Reconcile the Federal Reserve and Corporate Credit Union Accounts
- Responsible for the daily balance of the loan and deposit portfolios.
- Prepare all daily cash and other necessary entries.
- Responsible for all daily balancing of branch activity.
- Prepare assigned general ledger Account Reconcilements in an accurate and timely manner.
- Ensure accuracy of all Balance Sheet and Profit and Loss G/L accounts.
- Daily reconcilement of ATM and Debit Card general ledger accounts.
- Reconcile and maintain suspense and clearing of general ledger accounts.
- Provide daily balances of bank and cash accounts
- Responsible for processing all incoming and outgoing wires.
- Initiate and verify outgoing wires.
- Responsible for performing all duties related to Accounts Payable.
- Perform vendor maintenance and maintain vendor relations.
- Ensure accuracy of invoices, proper authorization, and expense recognition.
- Maintaining proper files and documentation of paid invoices.
- Research discrepancies, missing information, and vendor inquiries.
- Transfer journals generated by Accounts Payable Module to G/L.
- Assist MSRs in researching cash balancing issues as needed.
- Maintain all filing and archiving files
- Other duties as assigned
Our ideal candidate looks like
Education/Experience
- Degree in accounting preferred
- Two or more years of accounting experience preferred.
More About Us
Naveo Credit Union, formerly Cambridge Portuguese Credit Union, was incorporated in 1928 by members of the Portuguese-American community as a place for their community to grow their savings with confidence and borrow money at low rates. In 2014, we changed our name to Naveo Credit Union to complement the changing demographics of the area -- we welcome everyone in the community to become a member. We are socially responsible, supporting local non-profit organizations that serve our membership.
Naveo is an equal opportunity employer that values diversity. We do not discriminate based on perceived or actual race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, or status as an individual with a disability. Naveo is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment and activities.
