Role:

The primary responsibility of this position is to maintain the credit union's accounting records and reports, ensuring compliance with generally accepted accounting principles (GAAP) as well as specific credit union accounting practices. This role involves a blend of detailed analysis, reconciliation, and collaboration with various departments to ensure accuracy and efficiency in financial reporting.

Location: Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.

Essential Functions & Responsibilities:

25% Daily Journal Review & Reconciliation:

- Review and verify the accuracy of journal entries and accounting classifications.

- Analyze and reconcile high-risk accounting functionalities, including Teller Cash and Vault G/Ls, ATMs, Check 21, share drafts, and daily official check balancing.

- Collaborate with other departments and branches to resolve issues promptly.

- Provide cash reconciliations to Internal Audit on a regular basis.

25% Financial Reporting & Budget Preparation:

- Prepare and process all financial, statistical, and accounting records for EIS and ETS.

- Responsible for journal entries, checks, accounts payable (A/P), fixed assets (F/A), financial reporting, and budget forecasting.

- Analyze and perform monthly account reconciliations to ensure accurate intercompany postings.

- Assist SVPs and EIS/ETS management in budget preparation as a shared responsibility.

20% General Ledger Analysis:

- Conduct monthly analysis and reconciliations of numerous general ledger accounts for management review.

- Perform detailed expenditure analysis upon request, adhering to NCUA guidelines.

- Collaborate with departments to address discrepancies and enhance balancing efficiencies.

- Provide variance explanations during month-end closing.

20% Capital Expenditure Management:

- Prepare and analyze actual capital expenditures against budget monthly.

- Review reports with Vice Presidents on capital expenditures.

- Responsible for fixed asset and prepaid budget projections as a shared responsibility.

10% Audit Contribution:

- Assist in the preparation for internal and external audit.

- Perform all other duties as assigned.

Performance Measurements:

1. See Dayforce (HRIS) Performance Management for Goals upon start in role, and annually.

Knowledge and Skills:

Experience: 1 to 3 years of professional accounting experience is required, with a focus on financial reporting, general ledger management, and account reconciliation.

Education: A Bachelor's Degree in Accounting, Finance, or a related discipline is required for this role.

Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Other Skills:

- Strong working knowledge of Microsoft 360 software is essential for data management and reporting.

- Exceptional verbal and written communication skills are necessary for effective collaboration and presentation of financial information.

- Strong ability to plan, prioritize, and manage multiple tasks and assignments efficiently.

- Effective decision-making and problem-solving abilities are crucial for addressing challenges that arise in financial operations.

- Maintain a high standard of professionalism in appearance, demeanor, and interactions with colleagues and clients.

- Adherence to all credit union and departmental training requirements is essential to ensure knowledge of current practices and regulations.

Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

Diversity, Equity, and Inclusion Statement: At Empower, we value and celebrate diversity with commitment to building equitable and inclusive environments for employees and the members we serve. These environments foster connection and belonging, create spaces for all individuals to be empowered, and allow individuals to participate authentically to their full potential. We foster a culture of diversity, equity, and inclusion across race, ethnicity, disability, gender, gender identity or expressions, sexual orientation, religion, socioeconomic status, learning style, country of origin, language, political ideology, military status, cultural perspectives, and other characteristics that make our employees and members unique.

EEO Statement: Empower Federal Credit Union is committed to equal opportunityto qualified personswithout regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law.

Minimum Salary: 62913.76 Maximum Salary: 94370.64 Salary Unit: Yearly