Operations Accounting Specialist I, II, III

Company: Alaska USA Federal Credit Union
Location: Glendale
Posted on: May 14, 2022

Job Description:

Overview

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 reconciliations.
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 as required.
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 as needed.
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


Qualifications

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 education.



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