Operations Accounting Specialist I, II, III
Company: Alaska USA Federal Credit Union
Posted on: May 14, 2022
Functions Supervised: None
Primary Functions: Monitor Federal Reserve and Wells Fargo
activity, post appropriate general ledger adjustments and prepare
Federal Reserve reports. Monitor credit union outstanding check
activity and post appropriate general ledger adjustments.
Accounting for mortgage loan transactions.
Duties and Responsibilities:
Monitor Federal Reserve transaction activity including cash orders,
ACH, investments, member wire clearing, etc. Prepare journal
entries to post transactional activity and activity fee charges and
prepare for month end bank and general ledger reconciliations.
Review and update Wells Fargo, all Federal Reserve and withholding
general ledger accounts to ensure that the accounts are in balance
and any corrections are made prior to month-end
Prepare daily bank journal entry to post check activity for items
such as stop pays, voids, returns, etc. Also, post checks received,
Fed savings bonds, mobile deposits, teller checks received, etc.
Post foreign items from the Wells Fargo statement and any checks
from the ATMs.
Monitor check register totals for teller checks and cashier checks
and balance to teller branch totals. Update corresponding
outstanding check and ATM cash clearing GLs daily. Research outages
Monitor check reconciliation exceptions daily and research each
items authenticity and submit findings (such as stop pays, voids,
duplicates, etc.) to Item Processing and/or Fraud Resolution.
6. Monitor and/or pay Electronic Federal Tax Payment System IRA and
dividend withholding payables to the IRS on a bi-weekly basis, or
Monitor check and cash clearing accounts and Symitar suspense GLs.
Research and make corrections on exception items from branches,
Symitar or general ledger.
Assist branches and departments by answering inquiries regarding
teller checks and cashier checks.
Mortgage loan in process reconciliations for AKUSA and all
affiliates; researching overages/shortages, any discrepancies and
correcting where necessary. Ensure correct posting to Symitar and
the general ledger.
Accounting for all investor loan funding; assisting with the
research and resolution of any funding discrepancies that may occur
from an investor and reporting those to Secondary Marketing
Operations Officer for proper collections of funds. Accounting for
GNMA securities and reconciling gain/loss on pools.
Compile initial commission and bonus calculations for review by
management of AKUSA, AUMC and Joint Ventures. Prepare final journal
entries for accounting.
Perform other duties as assigned
Education: Two years of college level Accounting or equivalent.
Creditable Experience in Lieu of Education: Two years' experience
in a similar position or completion of an accelerated accounting
training program may be substituted for the two years of accounting
Experience/Skills: Accuracy in work output, ability to work
independently, good mathematical and analytical skills is required.
Knowledge of general accounting principles is preferred. Competency
in Microsoft applications including Word, Excel and Outlook.
Tenure: Operations Accounting Specialist II, Category 11, requires
12-24 months tenure in the Operations Accounting Specialist I
position with performance that meets or exceeds expectations and is
recommended by management.
Equal Opportunity Employer
Keywords: Alaska USA Federal Credit Union, Glendale , Operations Accounting Specialist I, II, III, Accounting, Auditing , Glendale, Arizona
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