Accountant

North Jersey FCU is seeking an Accountant

Grade 8

Role

Reconciles statements, proofs, loans purchased and sold in the secondary market, fixed-asset system, check register, pre-paid, accruals, student loan portfolio, A/H and credit life insurance, and investments in accordance with generally accepted accounting principles and guidelines approved by management. Responsible for the accounts payable function.

Major Duties and Responsibilities

 

 

Function

 

   

Handles monthly reconcilement and audit preparation of general ledger cash accounts.

 
   

Performs necessary functions for reconcilement with the Federal Reserve Bank, the Federal Home Loan Bank, Corporate cash accounts and other general ledger accounts as needed.

 
   

Maintains the fixed asset and associated depreciation schedules on the FAS software for general journal entries; ensure proper recording of new purchases. Coordinates the biennial physical inventory for all branches. Prepares quarterly roll-forwards.   Maintains prepaid and accrued expenses schedules

 
   

Provides month and quarter end reports for financial reporting as assigned.

 
   

Reconciles month end reports, payoffs and adjustments with purchased loan servicer’s. Confirms month end interest rates and paid to dates have adjusted correctly and corrects any errors prior to month end. Prepares monthly purchased loan delinquents reports per servicer’s trial balance and forwards to loan servicing and financial reporting. Reconciles daily and monthly reports and remits funds and reports to investors of sold loans within a specified time frame.

 
   

Reviews daily system proofs and corrects any out of balance conditions or communicates with proper personnel indicating corrections that need to be made and addresses any system errors.

 
   

Maintains official check reconciliations.

 
   

Files 945 tax return. Reviews any IRS correspondence relating to 941 or 945 returns.

 
   

Documents policies, procedures and workflows for assigned areas of responsibility.

 
   

Maintains investment system including preparation of monthly reconciliations and entries and monthly and quarterly roll forwards. Maintains complete documentation for each investment.

 
   

Files reports and remits funds to the state on unclaimed property. Handles customer inquiries. Keeps current with any unclaimed property rules and regulations.

 
   

Responsible for the accounts payable function, including related accruals. Properly coding and timely payment of invoices, reconciling related payable general ledger accounts.

 
   

Prepares monthly Excess Share Insurance schedule and posts appropriate entries.

 
   

Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

 
   

Performs other tasks as required.

     

Knowledge and Skills

Experience 

Education/Certifications/Licenses

Bachelor’s degree in Accounting.                                                                                                                                                                                                                        Must have a good understanding of FHLMC, FNMA and FHLB MFP rules and guidelines.

Interpersonal Skills 

ADA Requirements

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable and timely
attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

Nothing in this position description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not a contract and should not be construed as a guarantee of employment for any specific period of time.

Posted 5-7-19