Accounting Associate

Position Summary: The Accounting Associate is responsible for providing support to the Accounting Department by maintaining accurate financial records, processing accounting transactions, and assisting in the preparation of financial reports. This role ensures compliance with credit union policies, accounting standards, and regulatory requirements while supporting the financial operations of a $550 million asset credit union.

Essential Functions and Responsibilities:

• Accurately process accounts payable and receivable transactions.
• Review and process corporate credit card transactions to ensure the use of proper expense classification and adequate documentation is provided.
• Reconcile bank accounts and general ledger accounts on a daily, weekly, and monthly basis.
• Prepare and process journal entries with proper documentation and approvals.
• Assist in monthly, quarterly, and annual financial close processes.
• Maintain detailed financial records and organized filing systems (physical and electronic).
• Support preparation of regulatory reports (e.g., NCUA Call Reports, state filings).
• Assist with annual audits and examinations by gathering documentation and responding to auditor requests.
• Monitor and report variances, identify discrepancies, and assist in resolving accounting issues.
• Ensure compliance with internal controls, policies, procedures, and applicable laws and regulations.
• Provide support for payroll processing and benefits administration, if needed.
• Participate in projects to improve accounting operations and financial reporting systems.
• Perform other duties and special projects as assigned by management.
• Advocate and demonstrate company brand.
• Other duties as assigned.

Qualifications:

• High school diploma or equivalent required; Associate degree or relevant coursework in Accounting, Finance, or Business preferred.
• Minimum of 2 years of experience in accounting, bookkeeping, or financial operations, ideally within a financial institution.
• Solid understanding of accounting principles; knowledge of GAAP preferred.
• Exceptional attention to detail and accuracy.
• Proficient in Microsoft Office, especially Excel; experience with accounting software and core financial systems is a plus.
• Strong organizational and time management skills with the ability to prioritize effectively.
• Maintains confidentiality with sensitive information.
• Clear and professional written and verbal communication skills.
• Team-oriented with a strong commitment to member service.
• Demonstrates approachability, sound judgment, and collaborative leadership qualities.
• Acceptable background check; credit, criminal and insurance.

Environmental Factors and Physical Requirements:

This position requires the employee to work indoors in a typical office environment. While performing the duties of this job, the employee is required to have ordinary ambulatory skills sufficient to visit other locations, and the ability to stand, walk stoop, kneel, crouch, and manipulate (lift, carry, move) light to medium weights of 1-25 pounds. Requires good hand-eye coordination, arm hand and finger dexterity, including ability to grasp, and visual acuity to use a keyboard, operate equipment and read application information. The employee frequently is required to sit, reach with arms, talk, and hear.

Location: 4235 Innslake Drive, Glen Allen, VA 23060

Hours: Monday - Friday 8:30 am - 5:00 pm
Residency within the Commonwealth of Virginia is required.

Benefits:
Medical Insurance
Dental Insurance
Vision Insurance
Voluntary Life
Pet Insurance
HSA/FSA/DCA
Accident Insurance
Critical Illness Insurance
401K with generous employer contribution
Company Paid Benefits Include:
Group Life Insurance
Short-term Disability
Long-term Disability
HSA Employer Contribution and Matching
Employer Paid HRA
Parental Leave
10 Paid Holidays
Birthday Off with Pay
Paid Community Service Time
PTO

Flexible work from home options available.