Texas Bay Credit Union · 21 hours ago
Accounting Specialist - Main Office
Houston, TX, US
Full-time
Onsite
New Grad, Entry Level
$17/hr - $22/hrTexas Bay Credit Union is a leading financial institution seeking an Accounting Specialist to support its financial management and operations. This role involves maintaining accounting records, performing basic accounting duties, and assisting with various financial tasks under moderate supervision.
Financial Services
Responsibilities
Enter and post all general ledger accounting transactions/journal entries into the Accounting database
Perform daily account reconciliation and balancing to minimize outstanding outages on a variety of general ledger accounts. Be able to understand, research, and explain account fluctuations. Make adjusting entries to the general ledger as appropriate. Communicate and follow up with other departments as necessary
Review and process travel and expense reimbursements as received. Ensures that employees adhere to company policies regarding allowable expenses for reimbursement
Assist staff with month-end closings, i.e. data entry, reconciliation of accounts, error corrections, etc
Review and prepare A/P invoices to ensure timely payment including verification of proper authorization. Prepare checks/electronic payments and verify payment has been posted accurately. Follow up with vendors and staff on pending items and escalate unresolved issues timely. Maintain vendor files to ensure accurate and timely preparation of MISC-1099s
Set up, run, and maintain all fixed asset items in the Accounting system including data input, assigning fixed asset life and depreciation method, performing annual inventory audit and generating reports. Identify and process expenses that qualify as prepaid/deferred expenses
Process and validate Automated Clearing House (ACH) origination files to ensure all transactions are accurately entered and released in the ACH system, adhere to Automated Clearing House (ACH) procedures, review ACH system/reports and process accordingly
Process share drafts and returns
Maintain credit union stale dated checks
Process returned items as received, ensuring items are reversed from member accounts and all corresponding letters are sent the same day. Keeps Compliance/Asset Recovery aware and updated on any possible fraud situations
Review Advance Check Notification reports and member accounts to determine appropriate account holds and sending notifications to members
Process and approve mobile deposit capture items for payment and fraud prevention
Review, approve, reconcile ITM/ATM transactions including reviewing system generated reports, researching and identifying discrepancies/outages, and posting appropriate journal entries
Process and remit Federal Backup Withholding as required and assist in preparing annual Form 945
Process security officer’s payroll, including reviewing/verifying timesheets and issuing checks
Process SEG payrolls as received, including proofing the payrolls, inputting data to the payroll system, loading/posting files to the core system, reviewing the payroll general ledger account and payroll reports for accuracy
Review New Member Shared Branch Activity Report for suspicious/fraudulent activity, and notifying Accounting Manager and Compliance department of any suspicious activity
Process and verify incoming and outgoing domestic/foreign wire transfers. Ensure adherence to credit union and regulatory requirements to ensure compliance and prevent fraud
Post interest payments received from various investments, including verifying the interest payment account daily, and posting payments in QwickRate system to the appropriate investment account and maintaining safekeeping receipts
Review/approve ECM payments, including verifying member information and approving/denying payment, as well as processing payment reversals to members’ accounts
Scan deposited checks/bonds through Catalyst Corporate FCU-TranzCapture for items not processed through image clear file
Support various functions, including processing check copy requests, stop payment requests, ODP/NSF refunds, check order refunds, check forgery disputes, ACH disputes, etc
Process deceased account requests
Process legal items as received, i.e. subpoenas, liens, freezes, levies, orders granting turnover, releases, etc
Responsible for administering the IRA program by working with Ascensus to ensure compliance with the program, reviewing transactions to ensure proper coding and paperwork is completed, processing pre-authorizations for periodic payments, and processing IRA annual tasks (i.e. RMD distributions, tax reporting, withholding notices, etc)
Responsible for mail/branch run from Fuqua to Featherwood office daily
Handle inquiries/questions from employees, members, and vendors
Qualification
Required
High school diploma or equivalent required
Any college level Accounting courses preferred
Completion of required training courses
Proficient in MS Office and computer skills
Attention to detail and strong organizational skills
Critical thinking skills
Strong verbal and non-verbal communication skills
Must be self-motivated and a quick learner
Must be able to multi task and work well in a fast-paced environment
Excellent member service skills
Demonstrate all Texas Bay Core Values
Demonstrate the ability to maintain confidentiality and exercise discretion
Preferred
Any college level Accounting courses preferred
Company
Texas Bay Credit Union
Everything we’ve done has been to help you achieve your financial dreams.
Founded in 1936
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$1.74MKey Investors
Community Development Financial Institutions Fund
2023-04-10Grant· $1.74M
Leadership Team
Jesse Gutierrez
President/CEO
Company data provided by crunchbase