Accounting Analyst

Accounting and Finance

Clinton Township, MI

-397

Full-Time/Regular

Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for more 70 years and welcomes everyone in Michigan to bank with us. We are financial champions committed to helping our members achieve financial success by rallying behind them and their goals. As the sixth largest Credit Union in Michigan, MSGCU has 24 branch offices in south east Michigan, over 450 team members, 150,000 members, $4 billion in assets, and a 97% member satisfaction rating for two decades.

We are a caring organization that strives to ensure an equitable and inclusive culture where everyone is valued and respected. Our dedication to team member engagement has contributed to the honor of being named a Top Workplace by The Detroit Free Press thirteen years in a row.

If you have a passion for helping people and providing exceptional and dependable service, we want you on our team!

Information about our comprehensive total rewards package can be found here.

• Financial Statements, Regulatory Reports, and Analysis:
  Prepares financial statements, regulatory reports, operational reports, and analyses, monthly and annual financial statements (with footnotes), financial data for annual reports, NCUA Call Reports, Asset and Liability Committee (ALCO) reporting, and Board of Directors reports. Analyzes budget variances to identify trends and cost‑saving opportunities. Prepares written proposals and formal presentations for new software, services, and processes. Ensures compliance with accounting by filing required reports with the National Credit Union Administration (NCUA), Michigan Department of Insurance and Financial Services (DIFS), the Federal Reserve, and Internal Revenue Service (IRS).
  
  Assists in developing strategies to improve operational and financial performance. Conducts detailed financial analysis related to credit loss forecasting by preparing, validating, and interpreting data used in the Current Expected Credit Loss (CECL) model, ensuring accuracy in reserve calculations and supporting regulatory compliance and month‑end reporting.
• Month‑End Closeout:
  Prepares, records, reconciles, adjusts, and closes general ledger entries and accounts and its subsidiaries. Organizes documentation for audits and examinations. Analyzes monetary events to ensure proper accounting in accordance with Generally Accepted Accounting Principles (GAAP), Regulatory Accounting Rules (RAP), Internal Revenue Service (IRS) regulations, and rules relating to wholly owned subsidiaries and Credit Union Service Organizations (CUSO).
• General Ledger Reconciliation:
  Analyzes, identifies, and recommends improvements to strengthen controls over payment and settlement systems to ensure accuracy, efficiency, classification, and measurement. Assists in the development, implementation, and revision of accounting systems, methodologies, and related policy, process improvements, and procedures. Continually enhances cost accounting systems (activity‑based costing approach) to measure and report branch, product, member, and cost center financial performance. Provides financial data for the preparation of the annual financial plan and operating budget.
• Tax Filings and Escheatment:
  Compiles, reports, and coordinates various tax filings, including personal property taxes, Michigan Sales and Use withholding, IRS Forms 945 and 990, escheats. Monitors and processes unclaimed funds in accordance with state laws and deadlines. Maintains accurate documentation for tax and escheatment‑related accounts.
• Wire Transfer Processing:
  Originates and processes organizational wire transfers to ensure timely and accurate execution of corporate wires. Completes member wire activity as needed to support compliance and operational accuracy. Evaluates and approves member wire agreements and collaborates with relevant teams to resolve discrepancies.

• Member Focus:
  Uses effective listening skills to gain insight and understanding, resolve problems, and determine the needs of others in order to…