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Valley Strong Credit Union · 5 days ago

Staff Investor Accountant

Bakersfield, CA

Full-time

Onsite

Senior Level, Lead/Staff

$31/hr - $43/hr

1+ years exp

Valley Strong Credit Union is a values-driven organization dedicated to helping people and communities prosper. The Staff Investor Accountant will perform routine accounting and financial record-keeping functions, ensuring compliance with GAAP while processing transactions and assisting with month-end and year-end close processes.

BankingFinancial ServicesNon Profit

Growth Opportunities

Responsibilities

Processing Daily transactions including but not limited to:

Validating/sending/receiving/posting wires

Validating/depositing/withdrawing funds

Generating payments

Posts details of business transactions to subsidiary accounts by journal entry from various source documents

Processes transactions for FinTech and participation loan pools bought and sold. Record balancing entries, monthly remittance activity, and generate formatted reports

Records journal entries for loan purchases and sales, including gains on sale, premiums, discounts. Follow designed processes to generate schedules associated with premiums and discounts and participation pool schedules

Effectively communicates with internal personnel and third parties in processing transactions, purchases, sales, etc

Reconciles general ledger accounts, bank accounts, reports, and schedules as assigned

Follow designed procedures and learn the organizational intent behind the procedures

Assists with month-end and year-end close processes, audits, and tax reporting

All team members must comply with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. This includes the SAFE Act. Failure to do so may result in disciplinary and other employment related actions

Must have a desire to learn and be able to thrive in fast paced, flexible environments that operate in uncertainty and routinely change with market conditions

Must be able to work and operate as a member of a team and learn various systems and processes

Must be familiar with and have a desire to learn how to work with large data sets using common systems, including but not limited to Excel, Power Query, Power BI, Snowflake, Tableau. Must be able to learn how to understand different custom reports designed for different regulatory, tax, and financial purposes

General knowledge of the financial services industry, products, environment, and regulations are beneficial, but need not have been obtained through employment at a financial services entity

Must be comfortable asking questions and problem solving

Performs other duties as assigned

Qualification

AccountingFinancial record-keepingGAAP complianceExcelPower BICommunicationProblem solvingTeamwork

Required

4 Year / Bachelor's Degree in Accounting/Finance OR similar business area of study from a four-year college or university

A Minimum of 1-3 years of professional experience in Accounting/Finance

Ability to read and comprehend instructions, short correspondence, and memos

Ability to write simple correspondence

Ability to effectively present information in one-on-one and small group situations to Members and other Team Members at the organization

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals

Ability to compute dividends and interest

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists

Ability to interpret a variety of instructions furnished in written or oral form

Must be able to process transactions in an efficient manner

Must be able to communicate policies and procedures to Members in an easily understood and professional manner

Must comply with all Bank Secrecy Act (BSA) and other Anti-Money Laundering (AML) laws and regulations, as they pertain to federal guidelines and internal policies and procedures

Preferred

General knowledge of the financial services industry, products, environment, and regulations are beneficial, but need not have been obtained through employment at a financial services entity