Accountant
United Teletech Financial is a not-for-profit financial cooperative serving its members since 1967. The Accountant will be responsible for applying GAAP to analyze financial information, prepare financial reports, and ensure accounting controls to maintain financial integrity and compliance.
Responsibilities
- Prepare, review, and reconcile general ledger accounts
- Ensure proper recording of all transactions according to GAAP and internal policies
- Maintain integrity of financial statements, including balance sheet, profit & loss, and other reports
- Support monthly, quarterly, and annual closing processes
- Prepare and reconcile subsidiary schedules (e.g., fixed assets, prepaids, work in process, allowance calculations)
- Reconcile and monitor key balance sheet accounts
- Book investment payments and track investment files
- Book purchases and sales of investments
- Manage investment unrealized gains/losses
- Prepare monthly investment files
- Monitor and reconcile daily bank accounts and other investment-related transactions
- Post loan participation payments/remittances and manage loan participation files
- Reconcile loan balances and related accounts
- Prepare monthly loan participation reports for delinquency packages
- Calculate ALLL (Allowance for Loan and Lease Losses)
- Track collateralized loans weekly
- Monitor medallion allowance / complete medallion valuation used for allowance analysis
- Prepare and maintain accounting and reporting on 1st Mortgage and Commercial lending business segment
- Book monthly accruals based on budget
- Maintain prepaid tracking and amortization schedules
- Record and reconcile fixed assets and rental adjustments
- Daily ACH, Debit Card, Credit Card, Zelle, Kiosk, Share Draft, Branch Capture and other reconciliations
- Prepare Bank Reconciliations
- End-of-day cash management analysis and recommendations
- Monitor CDs with past maturities
- Manage Non-member CDs
- Prepare quarterly shock analysis, cash flow reports, product profitability
- Prepare quarterly CALL report
- Prepare and upload CECL reports into multi-dimensional loan analytical tool
- Support financial audits and regulatory exams with requested documentation
- Ensure compliance with corporate and regulatory policies
- Provide data for financial audit and NCUA exam
- Accounts payable management, including investigating unusual or duplicate charges
- Vendor follow-up and management
- Accounts payable system management, including vendor system access and permissions
- Backup AP responsibilities when needed
- Review corporate card and expense vouchers once journalized
- Create, review and revise accounting procedures
- Backup accounting responsibilities for colleagues when out of office
- Record monthly GAAP rental adjustments
- CECL Off-balance sheet credit exposure tracking and entries
- Loan participation month-end remittances and trial balance processing
- ACCOUNTING SQL reports validation and storage
- Work on assigned Adhoc reports
Skills
- Bachelor's degree in Accounting required
- Strong Excel skills (formulas, pivot tables, macros)
- Strong organizational, analytical, and problem-solving skills
- Ability to work independently and collaboratively within the department
- Strong verbal and written communication skills
- Ability to identify process improvement opportunities and implement solutions
- Knowledge of GAAP, auditing practices, economic principles, and regulatory requirements
- Ability to interface with investment partners, vendors, and other external entities
- Proficiency in MS Office, accounting systems, and financial reporting tools
- Ability to work flexible hours based on business needs
- Strong analytical and conceptual thinking
- High level of accuracy and attention to detail
- Effective time management and prioritization skills
- Commitment to continuous improvement and process efficiency
- Ability to collaborate and communicate effectively with all stakeholders
- Credit Union or Financial Institution work experience preferred
- Experience with multi-dimensional loan analytical tool preferred
Benefits
- 401(k)
- Medical, dental and vision insurance
- Flexible spending account
- Life insurance
- Generous paid time off
Company Overview