Accountant II, Bank Reconciliation

Employer
Pentagon Federal Credit Union
Location
Alexandria, VA
Posted
Jun 20, 2017
Closes
Jun 26, 2017
Function
Accountant
Hours
Full Time
Accountant II Bank Reconciliation City Alexandria State Territory Virginia Added to system AM Apply Now Summary The primary purpose of this job is to perform accounting activities related to maintenance of bank reconciliations and corresponding General Ledger accounts and analysis of related activities resulting in managerial reports and financial statements The position will assist in the implementation of automated financial systems and the development of accounting requirements for bank Reconciliation impact of new products and services particularly in the areas of branch and cash on hand accounts Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions This is not intended to be an all inclusive list of job duties and the position will perform other duties as assigned Prepare daily weekly and monthly general ledger entries to support the bank activity and reconciliation process Reconcile general ledger bank account activity for assigned accounts research discrepancies and prepare and or correct journal entries in the general ledger Reconcile branch and third party vaults to Federal Reserve and foreign currency reports and branch totals Research and clear bank reconciliation items when operationally necessary Review and process requests for stop payments and loan check cancelations Balance branch reported official check activity to bank account balance research discrepancies and work with branches to process corrections Analyze assigned accounts to prepare monthly accrual entries as needed or assigned Provide recommendations for improving current balancing and reconciling procedures Assist the operations staff when necessary to facilitate accurate reporting of daily operational information to Accounting Assist in departmental projects as required including activity reporting special studies and analyses Maintain and update periodic procedures and processes Assists in preparing other assigned monthly GL reconciliations and review schedules It is incumbent upon all employees to maintain current knowledge of and take personal action to ensure compliance with all applicable federal state and local laws regulations and ordinances as well as PenFed policies procedures rules and regulations applicable to incumbenta s professional duties responsibilities and obligations Education and Experience Equivalent combination of education and experience is considered Bachelora s Degree in Business Finance Accounting or a related field is required and or accounting General Accounting certifications or direct bank reconciliation experience in an automated scenario Minimum of two yearsa of experience in accounting and bank reconciliation activities is required The ability to cross train on all functions of the bank reconciliation team and act as backup as needed Supervisory Responsibility This position will not supervise employees Licenses and Certifications CPA or CPA candidate preferred Work Environment While performing the duties of this job the employee is regularly exposed to an indoor office setting with moderate noise Travel Limited travel to various worksites is required To perform the job successfully an individual should demonstrate the following behaviors to perform the essential functions of this job Customer Client Focus Ethical Conduct Personal Effectiveness Credibility Interpersonal Skills Communication Skills Problem Solving Skills Ability to Maintain Confidentiality Quality control Dependability Safety and Security Adaptability Planning Organizing