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MIT Federal Credit Union Career Opportunities

Job Openings: Staff Accountant

Announcement Number:Job Number: 20003
Announcement Date:October 14, 2021
Location of Position:MIT FCU Operations Center - 70 Westview St., Lexington, MA
Salary:TBD
Days:Monday - Friday
Hours:8 hours/day hybrid

Duties:

POSITION SUMMARY

The Staff  Accountant,  under  the  direction  of  the Accounting Supervisor  and Accounting Manager,  is responsible for  assisting the Accounting  Department  in the  month end closing process,  daily/  weekly  general ledger  accounting transactions  of  third-party  accounting/core processing systems,  financial  reporting responsibilities,  and various  other  accounting related tasks.

PRIMARY  DUTIES  AND RESPONSIBILITIES

  • Prepares  various  daily  general  ledger  entries  and analyses,  posts  to the  general  ledger  system, and produces  daily  reports.
  • Contributes  to the month end general  ledger  closing process  by  preparing entries  and analyses,  posting entries  to the general  ledger  system,  and  producing monthly  general  ledger  reports  and other  financial reporting
  • Participates  in  accounting for  the investment  portfolio
  • Primary  backup  for  Accounts  Payable,  including assigning accurate g/l  accounts,  posting entries, issuing  checks,  mailing,  filing,  and other  A/P  related duties
  • Participates  in accounting  for  Fixed Assets  and  prepaid/accrued expenses  on general  ledger  system, set-up,  processing and reconciling accounts   
  • Prepares  various  month end reports  and contributes  to the coordination of  the  monthly  Board of Directors  package
  • Participates  in the regulatory  reporting process,  which may  include the NCUA  5300 Call  Report,  and other  regulatory  reports
  • Prepares  various  ad-hoc  reports  and  schedules  as  necessary  to assist  in the management  of  the department
  • Monitor  and balance various  suspense accounts  in the General  Ledger
  • Responsible for  bank  reconciliations  and  other  assigned General  Ledger  accounts
  • Audit support  to include preparation and gathering of  requested documentation
  • Acts as  backup for  other  Staff  Accountants

OTHER DUTIES  AND RESPONSIBILITIES

  • Comply with MIT  FCU  and MIT  policies  and procedures  and State and Federal  laws 
  • Demonstrate working  knowledge of  BSA/AML policies  and procedures  and implement  as  necessary  in daily  activities.   
  • Other duties  as  needed or  required 

Requirements:

  • Bachelor’s  degree in a related field required.
  • Knowledge of  accounting  principles  and relevant  federal  regulations  for  specialty  areas,  including those specific  to research and non-profit  organizations,  required.
  • Minimum of  one  (1)  year  experience in credit  union/bank/public  accounting preferred

SKILLS

  • Strong accounting skills  and knowledge of  GAAP
  • Competency  in working with various  General  Ledger  accounting  systems  (experience with Prologue  a plus)   
  • Extreme  attention to detail
  • Ability  to handle various  tasks  simultaneously
  • Familiarity  with Microsoft  Office software (particularly  proficient  in Excel,  Word)   

SUPERVISION  RECEIVED

  • Receives  direct  supervision from  the Accounting Supervisor  and Accounting Manager
  • May receive direction or  verbal  instruction  from  the  Sr.  Vice President,  Finance/CFO

SUPERVISION  EXERCISED

  • None 

Misc Comments:

Note: The duties, responsibilities, skills, and requirements contained in this job description are not exhaustive. They may be supplemented as necessary at any time.


How to Apply

To apply for a position with the credit union, please visit the MIT job search site and enter the "Job Number" in the Job ID field.

  • Click "Apply Now" and follow the instructions provided.

All applications must go through the MIT HR system. 


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