Senior Staff Accountant Job at OceanAir Federal Credit Union in Oxnard

Join Our Team at OceanAir Federal Credit Union!

Position: Senior Accountant

Location: Accounting Department

Reports To: Accounting Manager

Status: Exempt

Are you ready to dive into the world of numbers and make a splash in the financial industry? OceanAir Federal Credit Union is looking for a dynamic and detail-oriented Senior Accountant to join our team! If you have a passion for accounting and love working in a collaborative environment, this is the perfect opportunity for you.

What You'll Do:

• Perform accounting functions according to established principles and assist the AVP of Accounting with financial reporting, analysis, and supervision of the accounting team.
• Drive process improvement, departmental efficiency, and regulatory reporting while updating procedures.
• Ensure timely and accurate completion of general ledger reconciliations, regulatory reporting, accounts payable processing, month-end closing entries, bank reconciliations, and various other daily accounting functions.

Essential Duties:

• Practice CBC core values:
  • Make It Right: Do the right thing for our credit union by providing the greatest benefit possible to our members and community.
  • Make It Easy: Provide easy financial solutions, convenient locations, efficient service, and simplified processes.
  • Make It Personal: Nurture deep, personal relationships with members based on their individual needs and preferences.
• Obtain a thorough understanding of financial reporting and general ledger structure.
• Assist with reviewing month-end processes and procedures such as journal entries, A/P, reconciliations, accruals, prepaids, allocations, capital expenditures, amortization/depreciation, and month-end reporting.
• Maintain General Ledger systems; monitor and keep the GL system in balance, research system outages, and troubleshoot issues.
• Update periodic GL account reconciliations and source documents in support of ending asset and liability balances.
• Perform detailed analysis of general ledgers and expenditures upon request.
• Assist with preparation of corporate budgets and budget-to-actual variance analysis as needed.
• Assist with internal and external audits as needed.
• Assist with management and regulatory reporting, including preparation of the NCUA 5300 Call Report.
• Prepare payment and collateral reconciliations and reports for loans and investments sold to or held at FHLB, Fannie Mae, and other parties.
• Assist Mortgage Servicing and Commercial Servicing departments with discrepancy research, reporting, month-end reconciliations, etc.
• Reconcile loan participations, sales, monthly journal entries, and reporting.
• Prepare Insurance Cuso reporting, including commission calculations, new and renewal policy updates, etc.
• Maintain accounting workbooks and schedules for items such as fixed assets and prepaid expenses.
• Identify areas of operational improvements to strengthen internal controls, increase productivity, and improve workflow.
• Work closely with other departments to rectify issues and help create balancing efficiencies.
• Oversee daily corporate cash monitor and projection functions.
• Create and maintain procedures related to accounting processes, including documentation supporting accounting principles used.
• Provide back-up support for various functions on the team to ensure continuity of all support services during the absence of any other member of the Accounting Department.
• Assume responsibility for all other related duties as required.

What We're Looking For:

• Extensive knowledge of GAAP and Computer Information Systems for Finance and Accounting.
• Proficiency in MS Office and MS Excel.
• Excellent verbal and written communication skills.
• Strong analytical and organizational skills with close attention to detail.
• Strong problem-solving and conflict resolution skills.
• Ability to interface effectively with all levels of leadership and employees within the organization.
• Ability to work autonomously, handle multiple projects simultaneously, and adapt to new demands and challenges.
• Ability to work under minimal supervision.
• Ability to follow instructions and respond to management direction.
• Ability to consistently be at work on scheduled days and at scheduled times.
• Knowledge of financial and accounting principles as applied in a financial services industry environment is preferred.
• Knowledge of financial instruments including debt securities, loans, and debt obligations is preferred.

Education and Experience:

• Bachelor's degree or equivalent in Accounting or Finance required, CPA or Master's degree preferred.
• Two to five years of experience in finance, accounting, mortgage, banking, or Public Accounting preferred.

Physical Requirements:

• Light physical activity performing non-strenuous tasks of a clerical nature.
• Consistent sitting, occasional standing and walking.
• Frequent repetitive use of both hands, including occasional simple grasping.
• Manual dexterity sufficient to reach/handle items and work with hands to fingers.

Work Environment:

• Well-lighted, heated, and/or air-conditioned indoor office setting with adequate ventilation.
• Moderate noise level.

Work Schedule:

• 40-hour workweek, including some overtime as needed.
• Occasional attendance at meetings before or after scheduled hours may be required.
• Management reserves the right to change any employee's work schedule to meet the operational needs of the Credit Union.
• Management reserves the right to reassign any employee, either temporarily or permanently, to work at another credit union location.

Travel:

• Minimal overnight travel (up to 10%) by land and/or air.

Ready to make waves in your career? Apply now and join the OceanAir Federal Credit Union family!