What are the responsibilities and job description for the Accountant II - ITM position at Spero Financial Federal Credit Union?
Role
The ITM Accountant is responsible for the accounting of activity across our ITM/ATM fleet, our debit card program, and other monthly general ledger duties. Assist staff accountants with day to day questions/request and with other needs in the absence of the manager. May assist with external audit, examinations, and regulatory filings. Assists with special projects assigned by management.
Duties and Responsibilities
- ITM Transaction Balancing. Balances daily machines cash and check transactions for all machines. Verifies teller activity against Network Manager Reports. Verifies calculated ITM Balances match the general ledger. Research and resolve any discrepancies. Coordinates across departments as needed.
- ITM Cash Replenishment. Balances incoming and outgoing cash and inventory levels for ITM servicing to the general ledger. Researches and resolves any discrepancies. Monitors machine cash levels and cash replenishment services.
- Performs necessary functions to reconcile with Federal Reserve and other accounts as needed.
- Documents policies, procedures and workflows for assigned areas of responsibility.
- Provides month and quarter end reports for financial reporting as assigned.
- Assist and cross trains with other accounting duties as assigned
Knowledge and Skills
Experience: 5 or more years of similar or related experience
Education: Bachelors degree in Accounting or Finance; Knowledge of basic accounting concepts and procedures including account reconciliation. Advanced Excel skills a must.
Other Skills: Maintain knowledge with training in BSA Compliance - every staff member is required to uphold the credit union’s compliance with the Bank Secrecy Act (BSA), Customer Identification Program (CIP), Office of Foreign Assets Control (OFAC) and Anti-Money Laundering (AML) policies and procedures. This includes required BSA reporting. Specific functions such as tellers and front-line staff within Spero Financial will take into consideration the awareness of unusual or suspicious activity that is relevant to the department and report such activity. In addition to any other assigned training courses, BSA, CIP, OFAC and AML related courses must be completed at least annually, as made available by the Training and/or Compliance Departments. Required to maintain comprehensive knowledge of the Bank Secrecy Act, Customer Identification Program, USA Patriot Act, and Office of Foreign Assets Control requirements. Comply with all Spero policies and procedures to ensure compliance with such regulations.
