Job Description

OUR CORE VALUES
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The Credit Union is a values-driven organization. They guide our behavior as they create our desired culture.

  

* Everyone Counts - We promote a diverse and fair workplace to better serve our Members, Team Members and Communities, fostering an environment of transparency, trust and respect.
* Innovate Boldly – We dream big, challenge the status quo, move with agility, and embrace data-driven decisions. We listen and continuously make the impossible possible.
* Embrace the Fun! – We take joy in our work by welcoming kindness, integrity, and authenticity.
* Own It – Valley Strong is ours to grow. We hold ourselves accountable to doing our best work every day and are empowered to do what’s right.

POSITION SUMMARY
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This position is in our specialized investor accounting series in the accounting department. Under general direction the investor accountant performs a full range of routine to complex accounting and financial record-keeping functions, while ensuring compliance with Generally Accepted Accounting Principles (GAAP) for the Credit Union.

ESSENTIAL DUTIES AND RESPONSIBILITIES
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Summarizes details in subsidiary ledgers or data files and completes updates to accounting software systems. Verifies, allocates, and posts details of business transactions to subsidiary accounts by journal entry from various source documents.

  

Monitors, maintains, and processes Fintech and participation loan pools bought and sold. Responsible for pool balancing, reporting and monthly remittances.

  

Records journal entries for loan purchases and sales, including gains on sale, premiums, discounts. Maintains amortization schedules associated with premiums and discounts and participation pool schedules.


Effectively communicates with internal personnel and third parties when matters require special coordination. Acts as primary lead in the department to address accounting related questions associated with investor accounting.

  

Reconciles general ledger accounts, including bank accounts as assigned.

  

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.

  

Performs other duties as assigned.

QUALIFICATIONS
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To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE
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Bachelor's degree (B. A.) in Accounting or similar business area of study from a four-year college or university; or five plus years’ experience; or equivalent combination of education and experience.

LANGUAGE SKILLS
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Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

COMPUTER SKILLS
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Strong proficiency utilizing Microsoft Office (Outlook, Word, Excel, etc.).

MATHEMATICAL SKILLS
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Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY
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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, oral, diagram, or schedule form.

CERTIFICATES, LICENSES, REGISTRATIONS PHYSICAL DEMANDS
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The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT
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The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

OTHER SKILLS AND ABILITIES
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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.

 *The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.*