Accounting Assistant at Frontwave Credit Union

Overview:

CVB, a division of Frontwave Credit Union, is hiring an Accounting Assistant!

The Accounting Assistant is responsible for supporting the Accounting Department in ensuring the smooth operation of the department by performing a variety of accounting duties including, but not limited to: processes all incoming and outgoing wires daily, performs correspondent bank account reconciliation; maintains and reconciles correspondent accounts and general ledger accounts; assists in monthly financial reporting; is good at maintaining files; performs other reconciliation duties associated with the Bank’s general ledger accounts; daily Unpostables and Exceptions processing; files accounts payable and receivable transactions; processes the daily Cuts; NSF and Chargebacks; processes the daily ACH files; maintains certification files; orders all bank supplies; and performs other duties assigned by supervisor.  This position will also be responsible for participating in special projects and assuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.

Responsibilities:

Essential Duties and Responsibilities:

Includes the following non-inclusive list. Other duties may be assigned. All duties are to be performed in compliance with applicable laws, regulations, and Credit Union policies and procedures.

 

• Provides support to areas in the Accounting Department where service and/or assistance is needed.
• Performs Daily Image EIP processing; Unpostables and Exceptions, clears out non-posted items daily; ensures accuracy and proper documentation of transactions; follows-up on out-of-balance items to resolve problems as necessary on a daily basis.
• Morning Cuts; NSF and Chargebacks; Prepares NSF processing for returned checks and Return Deposit Items to customer’s accounts.
• Preview Positive Pay, Duplicate Serial Numbers and ACH Exception Lookup and Returns
• Processes cash orders and cash shipment requests via FedLine: prepares TES worksheets and reports.
• Prepares NSF processing for returned checks and Return Deposit Items to customer’s accounts. Save, print and email notices out
• Processes all Incoming and Outgoing wires transfer through WatchDog Wire and PCBB daily. Balance end of day wires to ensure all wires were sent out, with no rejected wires.
• Performs memo posts to customer’s accounts and check names again OFAC on PCBB incoming and outgoing wires daily.
• Processes DNE notifications, FRB Reclamations, Verification of accounts for AVS and SSI. Process all Levies received.  
• Process all foreign checks and Internal Currency Orders
• Prepares and issues interest checks; reconciles interest checks to issued statements and the general ledger.
• Daily balancing of correspondent bank accounts and GL accounts; including Cashier Checks, Expense Checs, PCBB, Centier, teller Cash Recap, DDA Control, 9’s Balancing, ATM Control, and VDIP account etc.
• Prepares necessary FRB adjustments to the general ledger and customer accounts.
• Prepares daily ACH download and return files.  Reconciles the general ledger accounts on a daily basis.
• Provide back-up assistance for Reg. E claim filing and processing, along with account maintenance and customer inquiries.
• Processes account for payable files; prepare expense checks as needed; reconcile expense checks to issued statements and the general ledger.  Files all invoices.
• Prepares and balances all prepaid and fixed assets accounts monthly via BankTel.
• Records, files, updates information, sort mail or reports as required.
• Processes account for payable transactions; prepares and issues expense checks; reconciles expense checks to issued statements and the general ledger.  Will back-up the CFO in reviewing invoices.
• Orders all bank supplies either online or onsite.  Keeps accurate records of supply and fixed asset inventory.  Ensures that all supply costs are billed to the correct center.
• Completes certification daily, mid-month, monthly of correspondent bank accounts, CVB bank accounts, and general ledger accounts.
• Identifies corrections on all general ledger accounts to ensure accuracy and completeness; reconciles and balances correspondent due from and due to bank accounts and statements.  Balances all loan and deposit general ledgers monthly.
• Will cross-train with accounting personnel to his/her areas of responsibility.
• Operates a computer terminal or personal computer to process account activity, determine balances, and resolve problems within given authority.
• Performs related clerical duties such as answering the telephone, taking messages or forwarding calls, copying, typing routine letters, envelopes and forms, and filing. Performs additional duties as required by the CFO or Accounting Personnel.
• Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action. 
• Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
• Performs the position safely, without endangering health or safety to themselves or others and will be expected to report potentially unsafe conditions.  The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

 

Qualifications:

Education and/or Experience                                                  

Associate’s degree (AA) or equivalent from a two-year junior college or technical school; or three years of related experience and/or training; or the equivalent combination of education and experience.  Work-related experience should consist of a financial institution accounting or bookkeeping background.  Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.

 

Basic knowledge of related state and federal banking compliance regulations, and other Bank operational policies.

 

Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.

 

General banking experience, methods and procedures related to Federal Funds transactions and bank account or general ledger reconciliation.

 

Salary Range: $21.40 - $ 32.11

Service Excellence Standards:When joining Frontwave Credit Union, you can expect to be a part of a workforce committed to the following Service Excellence standards:• We see it. We own it. We get it done.• We ignite positive experiences.• We do things right every time.• We are collaborators - united, cohesive and engaged• We innovate and evolve.• We create memorable experiences for life.• We starts with me. Apply Now