Junior Accountant

First Financial Federal Credit Union is a not-for-profit financial cooperative providing banking products and services to its members in Monmouth and Ocean County.  Our goal is make a first rate difference in our Member’s lives by providing the highest level of quality products and personalized services while maintaining financial integrity and stability.  We have been putting people first and enriching our Member’s lives since 1936 by identifying their needs and providing trustworthy and value added solutions.

First Financial Federal Credit Union is a technology driven organization with efficient systems and easy to deliver products.  We are par with community banks and can provide you with the kind of environment where your skills and talents can make a difference that will be noticed.

Summary: Performs accounting and clerical tasks on a daily basis and provides general accounting support to the Vice President Accounting/Chief Financial Officer, the Assistant Vice President, Accounting, and the Accounting Department.

Responsibilities:

1. Daily work: Reconciling the general ledger on a daily basis by reviewing reports, posting entries, and obtaining and filing various daily financial reports.

2. General ledger reconciliations: Reconciling various general ledger and bank accounts assigned on a daily or monthly basis. This involves reviewing, researching and posting adjusting entries to the general ledger in a timely manner. 

3. Cash management: Obtaining balances in credit union accounts daily and calculating the required wire transfers between accounts to ensure availability of funds. Monitoring that the wires requested are processed correctly and on time. 

4. Currency orders: Coordinating and processing branch currency orders.    

5. Management stats: Reconciling and posting adjustments related to Lending and Savings (Shares) products at month end.

6. Prepaid assets & fixed assets: Calculating and preparing monthly prepaids and fixed assets.

7. 945 IRS and NJ500: Reconciling, calculating, and paying monthly backup withholding to the IRS and state of New Jersey. 

8. Stale dated checks - Monitoring credit union issued checks for stale dated items monthly. Writing letters to members and/or vendors to notify them of the possibility of the check being stale dated. Putting stop payments in Money Gram, requesting checks, and posting general ledger entries.

9. Monthly Insurance Payment: Preparing and paying monthly insurance premium and reimbursement.

10. Investment portfolio: Posting investment purchases, redemptions and interest. Reconcile monthly investment to broker statements and the general ledger.

11. Accounts payable- Manages vendor records, processes invoices, verifies receipts, and schedules payments.

12. Payroll deduction-Responsible for Payroll processing including proving payroll list against payroll payment received, modify payroll amounts, follow up of any discrepancy or missing information with sponsors. Review all new and changed payroll and ACH authorizations

13. Providing account analysis as needed/requested for various areas of the credit union.

14. Assisting the AVP, Accounting and Vice President/Chief Financial Officer with any duties that might be needed.

15. Assisting the Accounting Department as needed.

*This job description is not limited to the above-mentioned duties. Any duty may be deleted or an additional duty may be added upon the discretion of management at any time. 

Qualifications, Skills and Abilities:

• Two-year Associates Degree in Accounting or equivalent work experience.

• One to three years’ of practical work experience.

• Thorough knowledge of account reconciliation and accounting principles.

• Ability to work independently with minimal supervision.

• Analytical ability in all phases of the job.

• Ability to take initiative and ownership to thoroughly understand all aspects of the credit union that affect the accounting equation.

• Proficient in Microsoft Excel and Word.

• Open to learning and growing professionally. 

• Speaks with poise, voice control and confidence, using correct English and well-modulated voice. Able to talk with and/or signal co-workers and members to convey or exchange information.

• Knowledge of credit union products and services.

• Team player and adaptable to change.

As a First Financial employee, you'll enjoy a challenging work environment.  We offer a great benefits package including Medical, Dental, Rx, Vision, Life Ins., Retirement Plans, Vacation, Sick and Personal.  

All your information will be kept confidential according to EEO guidelines.