Accountant

Accountant

Key Responsibilities

• Maintain ongoing communication with Manager, informing of all pertinent information/irregularities etc.
• Assist with the development of credit union's internal accounting operating systems, policies and procedures
• Verify and Release in a timely manner all ACH transactions
• Responsible for the preparation of reports and analysis, ratio and trend analysis and other comparable reports as appropriate
• Prepares the annual budget based on input from senior management, the Board of Directors and other committees
• Ensure proper and timely reconciliation of General ledger asset account and investment ledgers
• Establishes and maintains computerized accounting procedures in accordance with regulatory bodies and reporting requirements
• Coordinate and integrate accounting functions to provide support for all other functional units within the Credit Union
• Timely release and/upload of JMMB Jade Cards daily
• Prepare audit financial statements with notes according to accounting standards
• Monitor the Credit Union's finances, operational expenses and debt service obligations
• Submit timely monthly Reports on Credit Union financial position
• Reconcile & analyze Balance sheet for high accuracy and financial precision
• Analytical review of Income & Expenditure statements to ensure accurate allocations & provide recommendations where necessary
• Review Bank Reconciliation for all Branches
• Monitor Bank account to ensure adequate balances to cover daily operational expenses.
• Monitor & Send funds monthly to various Bank Investment Account & Prepare Source of Funds
• Maintain Fixed Asset Register and all accounting logs to monitor depreciation expenses
• Maintain Fixed Deposit Register for renewals/withdrawals
• Verify/certify data and documents prepared by staff in the Finance & Accounts Department
• Forecast, budget and benchmark Credit Union Financial Statements & Operations
• Assist in the management of the external Audit
• Provide supervision to staff in the Finance & Accounts Department inclusive of training recommendation, recognition and disciplinary procedures