Accounting Specialist - Woodbury - Associated Healthcare Credit Union

Description

Job Description

Accounting Specialist

Associated Healthcare Credit Union is hiring an Accounting Specialist at their main office in Woodbury, MN. As a leading provider of financial services to the medical industry for 70 years, we seek an experienced professional to perform and prepare financial reports, maintain and manage various accounting systems, and develop and analyze data.

The successful candidate will participate in monthly variance analysis, peer group reporting, regulatory reporting, and financial reporting for the Board of Directors and Senior Management. This role plays a key part in month-end processing and producing the annual budget, while assisting management in overseeing daily operations and providing guidance to others. Responsibilities must be completed accurately according to deadlines and in accordance with policies, procedures, and regulations.

This position reports directly to the Executive Director of Finance.

The Accounting Specialist's duties include:

1. Performing accounting functions such as AP, AR, cash flow, cost management, financial analysis, financial reporting, and record-keeping, GL, investments, and taxes.
2. Responsible for general ledger reconciliation, analysis of financial accounts, and preparation of journal entries.
3. Reviewing daily cash balances, researching and adjusting all open items, cash imbalances, and variances.
4. Providing end-of-month close and producing monthly financial statements.
5. Posting and reconciling subsidiary records for accrued income from investment accounts.
6. Responsible for month-end processing, including closing the books.
7. Creating and maintaining various reports, dashboards, scorecards, charts, and graphs that meet the credit union's strategic and organizational goals and initiatives.
8. Producing, reviewing, and improving existing internal and external financial, operating, regulatory, and ad-hoc reporting.
9. Responsible for managing multiple ongoing projects and tasks within the department.
10. Assisting with project implementation and maintenance.
11. Maintaining necessary accounting processes for third-party relationships, such as Fannie Mae and Federal Home Loan Bank.
12. Setting up and running prepaid and fixed asset items in the depreciation program.
13. Assisting with budget preparation.
14. Preparing and performing quarterly and annual reporting, including 5300 Call Report, Taxes, etc.
15. Serving as primary backup Finance Director in absence or others in the department.

Requirements:

To be considered for this role, the ideal candidate should possess:

• 2 years' experience in back-office operations, preferably in a credit union or banking environment.
• A college degree in accounting, finance, or a related field, or equivalent experience.
• Knowledge of back-office operations and accounting systems.
• Strong communication skills, both written and verbal, along with attention to detail.
• A high standard of accuracy, thoroughness, and professionalism in all documents, system input, and correspondence.
• Expanded knowledge of Word and Excel, and other computer applications, with a commitment to continuous learning through internal and external training and coursework.
• In-depth knowledge of rules, laws, and regulations within the area of responsibility.

Benefits:

Associated Healthcare offers an excellent benefits package, including health insurance, dental insurance, life and disability insurance, paid holidays, PTO, 401k with match and profit sharing, and paid parking.