Accounting Specialist

Company: Abbott Laboratories Employees Credit Union
Location: Gurnee
Posted on: May 16, 2022

Job Description:

Job Description At ALEC, we are deeply committed to providing our employees with exceptional opportunities for career development, while they work confidently and purposefully toward our credit union---s mission: to enhance the financial prosperity of our members and help them achieve their personal goals. Job Summary: Responsible for financial processing of transactions for the organization accurately and efficiently for both accounts payable and accounts receivable. Responsible for reviewing General Ledger activity and supporting financial reports. Maintains and reconciles general ledger accounts. Prepares special accounting reports for management and regulatory authorities. Essential Duties and Responsibilities: Responsible for General Ledger account maintenance Maintains Record Retention for Accounting department Responsible for processing/posting investment purchases Maintains and updates user profiles for correspondent bank accounts Coordinates information regarding the General Ledger/Reconciliations Monthly Coordinates with other departments information regarding general ledger/reconciliations Reviews daily reports for all branch activity and processes necessary general ledger entries Reviews/Reconciles daily Visa entries and prepares journal vouchers to make necessary adjusting entries Processes/Reconciles Bank CD Portfolio Reconciles Cashier Drafts daily Reconciles ATM & ITM Daily/Monthly and prepares necessary Journal vouchers Receives all vendor invoices and employee expenses and ensures all are properly approved and contain proper documentation Prepares journal vouchers to general ledger accounts pertaining to vendor invoices and employee expenses and posts them accordingly Maintains, manages and reconciles Fixed Assets and Prepaid Ensure that all disbursements are authorized, properly recorded, and processed in a timely manner. Maintains core processing and Image Vendor invoices Prepares all Corporate Bank reconciliations Reconciles Credit & Life Disability premiums Cross-trains on Finance functions Education: Required: High School Diploma or Equivalent Preferred: Associate---s degree in Accounting or related field Experience: Required: Minimum two (2) years--- experience working in an Accounting Department or Financial Institution Preferred: Minimum three (3) years--- experience working in an Accounting Department preferable for a financial institution Knowledge/Skills: Working knowledge of data processing system Background in PC applications Accounting courses Analytical and attention to detail Ability to communicate effectively with other credit union departments Travel Requirements: N/A Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit, talk, hear and use hands and fingers to operate a computer, telephone and general office equipment. Company Description ALEC is one of the largest credit unions in Illinois backed by the strength and stability of over one billion in assets. Every day, we work hard to prove our commitment to provide the very best financial products and services to more than 30,000 ALEC members. Setting the bar high is a proud tradition at ALEC that has resulted in the strong, loyal support of our members. We welcome bright, people-oriented professionals who want to build their career and help our credit union continue to expand its presence, offerings and the people it serves.

Keywords: Abbott Laboratories Employees Credit Union, Waukegan , Accounting Specialist, Accounting, Auditing , Gurnee, Illinois