Accounts Payable Specialist

Join our Finance team as the Accounts Payable Specialist and start empowering your possible!

As a leader in the industry, Suffolk Credit Union offers superior value, unique products and personal service so our members have access to the best banking solutions around. And, just as we value our members, we value our employees!

The Accounts Payable Specialist ensures the accuracy of the general ledger at Suffolk Credit Union. Reconciles activity and ensures timely and accurate financial reporting to internal and external contacts.

Responsibilities:

• Assists the VP/Controller and Managers by ensuring compliance with general accounting principles and adherence to governing rules and regulations by compiling and analyzing data and timely and accurate reporting
• Performs the Accounts Payable function including ensuring compliance with Purchasing Policy, proper account coding, entering of vouchers and preparing disbursements via check, credit card payment, or ACH
• Maintains vendor files, including W-9s, W-8s
• Prepares and submits 1099 tax forms for vendors
• Research and process adjustments as needed
• Reviews, reconciles and posts employee credit card expenses and reimbursements
• Accurately code, post, and reconcile prepaid expenses.
• Maintaining schedules to ensure correct amortization
• Prepare and post month-end accruals
• Prepares monthly, reports including income statement variance reports
• Assists with the preparation of the quarterly 5300 report
• Assists with the annual budget process
• Backs up other departmental staff as necessary
• Achieves a minimum of "Satisfactory" rating on internal audits and examinations
• Achieves the credit union's mission by completing relevant duties as needed when requested by management or other staff members

Essential Qualifications:

Qualified candidates will have a Bachelor's Degree in Accounting, Finance, Mathematics, or related field. Equivalent work experience may be substituted for a Bachelor's degree requirement on a year-by-year basis. Three (3) to five (5) years of accounting experience, preferably in financial reporting or general ledger accounting.

• Knowledge of financial and accounting theory
• Knowledge of Generally Accepted Accounting Principles (GAAP) and Practices
• Fundamental knowledge of the financial industry including an understanding of the Federal Reserve System, the check clearing process, and the legal theory of negotiable instruments
• Ability to communicate and relate accounting procedures to non-accounting staff
• Knowledge of accounting systems, financial analysis software, and electronic delivery systems
• Demonstrated computer and software skills
• Proficient skill with using and analyzing data with spreadsheet software
• Ability to handle multiple and complex deadlines
• Ability to express oneself clearly and articulately both orally and in writing
• Skill in gathering, analyzing and compiling moderately complex financial and statistical data
• Skill with independent problem-solving
• Ability to exercise tact and responsibility with handling confidential information
• Ability to lead other departmental staff
• Ability to work with general supervision of daily activities

Apply today and discover a rewarding career! We offer competitive salaries, great benefits, and most importantly the opportunity to make a difference.

Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.

The compensation range provided is in compliance with state specific laws. Factors that may be used to determine your actual rate of pay include your specific skills, years of experience, and other qualifications.