Accounting Specialist

Accounting Specialist

Job Title

Staff Accountant 

Location

Lino Lakes, MN 55014

Who we are

SMW Financial Credit Union was established in 1953 to assist members' financial needs in a credit

cooperative. Our mission is to build trusted relationships and strong financial futures for our members.

Membership is open to anyone who lives, works, worships, goes to school, or volunteers in Anoka,

Hennepin, Ramsey, or Washington Counties of Minnesota. We play an active role in supporting those

communities through volunteerism and financial education. offer everything from home-buying seminars

to loan and deposit products, to investment services, to free financial advice to our members.

 

At SMW, you are part of a team that is energetic, hardworking, and dedicated. We’re proudly building the

best possible team to serve the needs of our members.

 

Our philosophy is member-centric — loyal members are the key to our success, so we are service oriented

team players with strong interpersonal skills, and great attitudes and are adaptable to a

changing environment. We hold to the adage “hire for attitude and train for skill.”

 

Founded on the credit union motto of “people helping people,” we look for candidates who want to make

a difference. We have the tools and training for the right individuals to live our member-centric

philosophy — to build trusting relationships and strong financial futures.

Description

New hires will receive a $1000.00 sign-on bonus ($500 after 90-days of employment, then $500 after 180-days).

SMW Financial Credit Union is seeking an individual to join the Accounting Department at our Lino Lakes branch.

Role

Staff Accountant is responsible for providing accounting support to include general ledger accounting, account reconciliations, and accounting and regulatory reporting in accordance with generally accepted accounting principles (GAAP), generally accepted auditing standards (GAAS), National Credit Union Administration (NCUA) rules and regulations, National Automated Clearing House Association (NACHA) operating rules, and other applicable regulatory authorities.  This is a full-time position and the successful candidate will be paid a hiring bonus of $1,000 ($500 after first 90 days and $500 at 180 days).

Major Duties & Responsibilities

• Assists in the preparation of financial statements by gathering and analyzing information from the general ledger system, core system and departments.
• Reconciles various general ledger and external accounts daily and prepares necessary clearing general ledger entries.
• Answer accounting and financial questions by researching and interpreting data.
• Reconciles work by analyzing, researching, and verifying GL information and comparing system reports to balances.
• Completes monthly reconciliations of general ledger accounts.
• Assists in month-end close processes.
• Assists in overseeing the accounts payable, prepaid, fixed asset, corporate card, and other core accounting processes.
• Assists in overseeing the escheatment, 1099-R, 1099- QA, fair market value, 1099-MISC, FR2900, backup withholding and other applicable regulatory transmittal and/or reporting processes.
• Assists with providing technical guidance or work direction to Accounting Clerks and Accounting Specialists.
• Reviews current work processes and makes recommendations to enhance workflow for greater efficiency.
• Develops and implements accounting procedures by analyzing current procedures and recommending changes.
• Assists in implementing continuous process improvements that streamline processes and increase accuracy.
• Possess a valid driver’s license and reliable transportation

Required Knowledge & Skills

• Two to five years of accounting or related experience, preferably in a financial institution
• Bachelor’s degree in accounting
• Ability to prioritize multiple, and sometimes, conflicting tasks.

The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Benefits:

 

At SMW, we emphasize the importance of teamwork, an ongoing commitment to learning and training,

and a positive work environment. Employees receive generous and comprehensive benefits packages

which include:

 

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Paid time off

 

Physical setting:

 

• Office

 

Experience:

• Posting transactions
• Banking: 1 year
• Strong understanding of accounting
• Understanding of Generally Accepted Accounting Principals

 

Work Location: Lino Lakes