Accounting Specialist

Position Summary:

The Accounting Specialist tracks and records various business transactions in a corporate environment. The primary functions are verifying and posting transactions to journals, ledgers and other records/systems, balancing daily settlements, reconciling general ledger accounts, and preparing reports and summaries for management. They also assist with internal and external audits and NCUA Examinations. This position requires an Accounting educational background and understanding of general accounting principles and procedures.

Work Arrangement: This position is available to work hybrid (2-3 days/week), or onsite at our Headquarters building in East Lansing, MI.

Schedule: Monday-Friday 8:30am-5:00pm

An offer of employment with MSU Federal Credit Union and affiliates is contingent upon the agreed work arrangement (onsite/hybrid) and work location. MSU Federal Credit Union may or may not be able to accommodate temporary or permanent changes to work arrangements or allow employment outside the city and/or state of residency in which the new hire resides at the time of offered employment.

Compensation & Benefits:

• Salary Range: $60,000-$65,000 dependent on experience
• 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums
• Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays
• 401(k) with a company match
• Tuition Reimbursement
• Up to 12 Weeks of Paid Parental Leave
• Learn more about our benefits here

Essential Duties & Responsibilities:

Accounting Specialist I:

• Balance general ledger accounts and settlement reports pertaining to products and services offered across the Credit Union, its brands, and related entities including but not limited to: Corporate Checks, Remote Deposit Capture, ATM and VISA activity, Shared branching and other transaction settlements.

• Develop a working knowledge of the systems and transaction flows supporting assigned brands, including how activity is processed through the applicable core and interfaced to the general ledger.

• Post journal entries to record financial transactions.

• Assist with month-end close including journal entries and analyses.

• Prepare monthly general ledger account reconciliations for assigned accounts and work with others to resolve outstanding discrepancies in a timely manner.

• Assist employees from other departments with accounting and settlement related matters through pilot calls, email, and Teams messages.

• Prepare and gather information for internal and external audits and NCUA Examinations.

• Create new and evaluate and improve existing processes to increase efficiencies in data collection and analysis.

• Understand the Credit Union's policies and procedures to ensure compliance and accountability for managing operational risks. Adhere to established internal controls and procedures to safeguard assets, prevent fraud, and maintain the integrity of credit union operations.

• Perform other duties as assigned

Knowledge, Skills, and Abilities Required:

Accounting Specialist:

• Bachelor's degree, or working towards completion of degree, in accounting or other business-related major or other relevant experience is required.

• Working understanding of basic accounting principles, policies, and procedures.

• Experience with accounting systems and transactions.

Competencies:

• Core Competencies that must be demonstrated by all Credit Union employees include Communicate, Navigate Change & Evolve, Solve Problems & Make Decisions, Plan, Prioritize, and Achieve, and Collaborate.

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  • Functional Competencies:
  
  
  
  

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    • Data Analysis - Analyzes relevant data to draw insights, determine solutions, and present recommendations to management.
    • Detail Orientation- Ensures information is complete and accurate. Adheres to processes as outlined. Follows up to ensure quality and completion of work.
    • Organization - Arranges work in a systematic way either on small or large scales.
    • Time Management- Manages time and resources to ensure that work is completed efficiently.
    • Analytical Thinking - Breaks down complex information into smaller parts.
    • Critical Thinking- Takes outside knowledge into account while evaluating information.
    • Initiative- Takes proactive and prompt action to accomplish work goals. Takes action to achieve results beyond requirements.
    • Teamwork - Works well with internal and cross-functional teams to achieve individual, team, department, and/or organizational goals. Values diverse perspectives and working with others to achieve the best outcome possible.
    • Resilience - Thrives and grows in a rapidly changing and complex environment. Displays flexibility, utilizes networks, and adopts a continuous growth mindset to learn from mistakes and bounce back from adversity.
    • Adaptability - Adapts quickly to change and considers new approaches.
      
      
      
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Physical Demands & Work Environment:

• May be required to remain in a stationary position for an extended period.

• Ability to operate standard office technology, equipment, and tools, which may include many hours of computer and phone usage.

• Occasionally needs to move about inside of an office area.

• This position can work in hybrid or onsite working arrangements.

Disclaimer:

• Please note this job description is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and MSU Federal Credit Union reserves the right to change this position description and/or assign tasks for the employee to perform, as MSUFCU may deem appropriate.

• MSUFCU is an affirmative-action, equal-opportunity employer.

• To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.