Subsidiary Accountant

Pen Air Credit Union
Company Description

Since 1936 Pen Air® Credit Union has been the catalyst where community, resources, and impact come together and produce a powerful force for good. We have a unique culture and we're passionate about it. Grown from the values we hold most dear, three guiding principles shape how we see the people we serve, the community around us, and our role within it.

These guiding principles are Respect, Service, and Communerosity® and they're woven throughout our culture.

Pen Air is where people and community, resources and expertise align with your values to create real impact. Generational impact through strong financial education and support. We care about the things you care about. As the largest and oldest credit union in Pensacola, Florida, with more than $2.5 billion in assets, our purpose is to enhance the lives of those we serve in the Florida Panhandle, Southern Alabama, and Virginia.

Do you have a passion for helping others?
Currently, Pen Air provides access to 12 convenient locations in Baldwin County, AL and Escambia and Santa Rosa Counties in Florida. Join us and become a powerful force for good - after all we live, work, and play here too.

Take control of your future by mapping out a career king with us means you can shape your professional experience to suit your dreams. We offer valuable resources that provide you the opportunity to build upon and strengthen your skills. Whether it be a career path in advising our members directly on products and services, guiding them through major purchase decisions on a home or vehicle, or even helping build the technology and processes behind the scenes, there is a place for everyone at Pen Air!

Success looks different for everyone. Where will your journey take you?

Just like we strive to be a force for good at work, Pen Air works just as hard to supply employees with a total rewards package that includes competitive salaries and meaningful benefits.

• Up to $15K available for continuing education
• Student Loan Paydown
• Adoption Assistance Reimbursement
• Wellness Programs
• Gym membership reimbursement
• Formal Career Development Resources
• Financial Wellness Resources
• Purchase assistance with computers and fitness equipment.

• Generous PTO Plan—20 days for new hires
• Paid Maternal & Parental Leave
• Competitive Retirement Plan
• Competitive medical, dental & vision plans
• Company paid Telehealth services.
• Company paid Short Term Disability
• And more……….!

The starting wage for this role is $27.07 per hour.

The Subsidiary Accountant I is responsible for the full spectrum of accounting operations for the organization's subsidiary companies. This includes accounts payable, accounts receivable, journal entries, expense reports, reconciliations, and financial reporting. The Subsidiary Accountant I will report to the AVP of Subsidiaries & Financial Systems and play a key role as the organization strategically expands its subsidiary portfolio.

• Technical Research
  • Conduct research, interpret, analyze, and summarize technical literature to provide recommendations communicated effectively to the appropriate audience.
  • Stay informed about changes in accounting standards, regulations, legislation, and best practices, and effectively summarize and communicate their impact to relevant stakeholders.
• Financial Analysis
  • Conduct analysis of the general ledger to ensure accuracy, communicating any discrepancies promptly and updating records diligently.
  • Assist in maintaining and balancing weekly and monthly General Ledger accounts, facilitating timely corrections and updates.
  • Conduct thorough trend and variance analysis to extract insights from financial data, while interpreting and explaining variances.
• Operations & Reporting
  • Consistently accomplish all assigned daily, weekly, and monthly tasks with precision. This includes executing journal entries, conducting reconciliations, and generating financial and management reports accurately and promptly.
  • Assist in the execution of monthly, quarterly, and annual close processes…