Investor Accountant

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Accounting Regular Full-Time Professional Admin, Bakersfield, CA, US

3 days ago Requisition

Salary Range: $31.63 To $37.68 Hourly

The credit union is a values-driven organization. Our Core Values are at the center of everything we do and are the driving force behind our mission:
We help people and communities prosper.

1. 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.

2. 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.

3. Embrace the Fun! – We take joy in our work by welcoming kindness, integrity, and authenticity.

4. 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.

Accounting

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

• 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 Fin Tech 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, Copilot, Claude. 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.

• None