Accounting Specialist Asset and Lease Accountant

Ent Credit Union exists to improve the financial quality of life of the people we serve. This mission drives us every day, but we are more than our mission. We're also individuals using our unique abilities to make our organization, and the communities we serve, better than they were yesterday. We're a not-for-profit that puts people above profits and actively invests in our community.

Our rapidly growing team is expanding our reach to serve more people throughout Colorado. To spread our mission far and wide, we need people like you. If you're interested in a paycheck with a purpose, apply with us today. Our people make the difference, and we truly believe you are our greatest asset.

This position is responsible for various general ledger posting and reconciliation processes and third-party settlement processing for the Credit Union. This position is also responsible for various month-end closing duties including but not limited to posting of accruals and adjustments to ensure compliance with Generally Accepted Accounting Principles (GAAP), and completion of month-end reconciliations for the Credit Union as well as providing training support, technical knowledge, and cross coverage for functions performed by Accounting Staff members In addition, schedules of various accounting activities must be maintained to facilitate the Credit Union's NCUA Examination and the External CPA Audit.

This position is responsible for composing and maintaining department procedures for tasks assigned.

• Specialty Focus Area: Role will have a "Specialty" related to the overall department. Specialty areas may include some/all of the following:
  • Fixed Assets: Responsible for maintaining the fixed asset subledger through timely recording of asset additions, transfers, retirements, and depreciation in accordance with company policy and GAAP. Manage the annual fixed asset inventory and monitor projects in process to ensure timely and accurate transition of completed projects to fixed assets.
  • Leases: Responsible for maintaining and accounting for the lease portfolio in accordance with GAAP (ASC 842). Collaborate with other departments on lease activity, review lease agreements and amendments to identify and record appropriate accounting treatment, manage the lease accounting process and systems, as well as record monthly journal entries and reconcile lease subledgers.
  • Investments & Derivatives: Responsible for maintaining accurate and complete accounting records for all investment and derivative transactions, timely and accurate reconciliation of all investment accounts and resolution of discrepancies, collaborate with other departments to support the credit union's investment strategies, and preparation of schedules and reports for auditors and examiners.
  • Payroll: Responsible for processing bi-weekly and off-cycle payroll for all employees, reconciling various payroll accounts and resolving discrepancies, timely and accurate remittance of retirement contributions, and collaborating with Human Resources and Payroll to ensure proper accounting treatment for all pay codes.
  • Member Payment Processing: Responsible for accurately processing and reconciling daily member payment activity across multiple channels, investigating and resolving payment discrepancies, collaboration with other departments to ensure timely and effective payment operations, supporting process improvement and efficiency initiatives, as well as preparation and maintenance of accurate records for internal reviews, audits, and exams.
• Perform assigned month-end processing and closing duties. Analyze, assess, calculate, and post accruals for assigned income and expense transactions to ensure compliance with GAAP. Prepare formal reconciliations to include appropriate supporting documentation.
• Prepare various schedules for regulators, auditors, and regulatory reporting. Participate in core release testing and assessments for accounting-related functions.
• Other job-related duties assigned commensurate with position grade, to include technical support and cross-coverage of other Accounting Specialists' tasks.
• Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.

• Bachelor's Degree in Accounting / Finance or equivalent preferred
• 2+ years' combined experience in an accounting function or related functions. Required
• 1+ years general accounting experience. Required
• 5+ years' combined experience in an accounting function, financial services, or related functions; to include 3+ years' general accounting experience. preferred
• 3+ years' experience in or relevant to the banking/credit union industry. preferred

• Understanding of accounting principles and practices
• Knowledge of Financial reporting, and regulations
• Attention to detail and accuracy in numerical work
• Ability to analyze and reconcile financial…