Senior Financial Accountant

Posted 6 Days Ago
Be an Early Applicant
94065, Redwood City, CA, USA
In-Office
33-42 Hourly
Senior level
Fintech • Insurance • Payments • Financial Services
The Role
Support accounting operations by preparing journal vouchers, balancing daily activity, reconciling complex general ledger accounts, researching discrepancies, and making adjustments. Assist service centers and departments to resolve open items, maintain and update procedures, provide training, ensure compliance with BSA/OFAC, and apply GAAP including ASC 842 and ASC 326 (CECL) for lease and credit loss accounting.
Summary Generated by Built In

SR. FINANCIAL ACCOUNTANT (Redwood City, CA)


JOB SUMMARY
This person reports to the Accounting Manager. The primary purpose of the job is to assist in all Accounting functions. This person will be responsible for balancing the daily activity of the Credit Union, compile the appropriate journal vouchers to post activity, research discrepancies and make appropriate adjustments. This person will reconcile, research and clear outstanding items in assigned General Ledger asset, liability and equity accounts. This person will also assist our service centers and internal departments to correct outages or open items which affect the General Ledger accounts.

 

Why Provident?

Provident Credit Union was established in 1950 and we rank among the top 10% of credit unions in the US. We believe having a culture that is accepting, supportive, diverse and inclusive makes us all better. Provident has been a Bay Area “Top Workplace” since 2017, and our employees rank us on Glassdoor as one of the best credit unions in the nation.

Our values are:

· Listen

· Get Better

· Do What’s Right


Essential Functions:

* Sound understanding of ASC 842, 326 (CECL), and working with both landlords and lease agreements in calculating lease liability and Right of Use Assets in accordance with GAAP.* Proven track record of filling documentation gaps, and being an example to the team for good documentation standards.
• Compile data from internal and external reports, research discrepancies and post activity on a daily basis.
• Balance and reconcile complex, assigned General Ledger accounts and post entries to clear balances on a monthly basis.
• Provide support to all positions within Accounting Department during absences, vacations and high work volume periods.
• Provide training to new and existing employees.
• Establish, maintain and update procedures for applicable functions quarterly.
• Assist in any other areas as requested by management.
• Communicate any backlog or training issues to manager.
• Provide excellent service to vendors, members and co-employees.
• Be knowledgeable of all rules, regulations, policies and procedures as they pertain to the Accounting job responsibilities.
• Performs other duties as assigned.
• Excellent listening and speaking skills.• Excellent written communication skills.• Complete required BSA & OFAC training annually.• Understand and adhere to BSA and OFAC policy and procedures.

Qualifications

Education/Knowledge/Skills/Abilities:

  • Bachelor's Degree in Accounting or Finance
  • 3+ years of experience as financial accountant
  • Proven knowledge of accounting principles.
  • Proficiency with Excel or other spreadsheet software.
  • Proficiency with Word or equivalent word processing software.
  • Excellent analytical and organizational skills.
  • Excellent math skills.
  • Knowledge in all accounting areas
  • This position is a strong support position to senior management of the organization who rely on the content and the accuracy of reports produced to make decisions.
  • This person must work well both independently and as a team, and maintain good cooperative interaction with middle and senior management, and members of other departments

Benefits you will enjoy:

  • Quality medical, dental and vision care coverage
  • 401(k) retirement plan with up to 150% matching employer contributions
  • Strong commitment to investing in your career and educational advancement by offering up to 100% Tuition reimbursement for approved courses.
  • Annual discretionary bonus
  • Employee Referral bonus
  • Generous paid time off and paid holidays
  • Flexible spending accounts
  • Short and long-term disability coverage
  • Life and AD&D insurance
  • Provident membership
  • Rate discount on home and auto loans.
  • Opportunity to use company owned condo in Maui and Lake Tahoe

Pay Grade is P2. This position is eligible for a discretionary bonus twice a year.

Targeted Base Pay $32.00 - 42.00/hr   (depending on experience)



Provident is an Equal Opportunity Employer

We are a winner of the Bay Area News Group Top Workplace in 2017 - 2025. Check us out on Glassdoor.

Skills Required

  • Bachelor's Degree in Accounting or Finance
  • 3+ years of experience as financial accountant
  • Sound understanding of ASC 842 and ASC 326 (CECL) and lease accounting (Right of Use Assets, lease liability)
  • Proven knowledge of accounting principles (GAAP)
  • Proficiency with Excel or other spreadsheet software
  • Proficiency with Word or equivalent word processing software
  • Excellent analytical and organizational skills
  • Excellent math skills
  • Knowledge in all accounting areas
  • Completion of required BSA & OFAC training annually / understanding of BSA and OFAC policies
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The Company
346 Employees
Year Founded: 1950

What We Do

Provident Credit Union is a local financial institution that has served the Bay Area and beyond for over 75 years. As one of the largest credit unions in California, it provides its members with a wide array of financial products and services, including checking, savings, and loans, while emphasizing unmatched customer service and convenience to help enhance its members' lives.

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