Senior Accountant

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Position Summary

The Senior Accountant is a highly skilled accounting professional responsible for complex general ledger accounting, month-end close activities, financial reconciliations, loan, secondary market, and investment accounting for the Credit Union. This role performs advanced accounting functions that require strong technical knowledge of GAAP, credit union operations, loan accounting, investments, mortgage servicing activity, and financial systems. The Senior Accountant applies independent judgment, analytical review, and cross-functional coordination to ensure accurate financial reporting, timely close execution, strong internal controls, and reliable accounting support for management decision-making.

Principle Duties and Responsibilities

• Willingness and ability to exhibit Wellby Core Values every day.
• Works with purpose and is driven to provide the best team member experience.
• Prepare, review, and post journal entries and uploads within accounting systems, ensuring accuracy and completeness.
• Serve as the primary accounting resource for secondary market mortgage activities, ensuring accurate recording and reporting of transactions.
• Manage accounting activities related to real estate loan portfolios.
• Perform accounting for purchased and sold loan participation activities, including related reconciliations and reporting.
• Manage investment accounting activities, including principal and interest postings, general ledger reconciliations, review of derivative and interest rate swap reporting, and monitoring of collateral management activities.
• Prepare and review loan adjustment accounting, including repossessed assets, fair value impairments, amortized cost recognition, and loan portfolio balance reconciliations.
• Perform balance sheet reconciliations and supporting analyses; research, resolve, and document reconciling items in a timely manner.
• Participate in and support the timely and accurate completion of month-end and year-end close processes.
• Assist with the preparation of monthly, quarterly, and annual financial statements and supporting schedules.
• Ensure assigned accounting activities comply with Generally Accepted Accounting Principles (GAAP), Credit Union policies, and applicable regulatory requirements.
• Maintain accurate documentation, record retention, audit support, and process evidence for assigned accounting functions.
• Support internal audits, external audits, and regulatory examinations by preparing requested schedules, reports, and supporting documentation.
• Maintain advanced working knowledge of Workday, Symitar, mortgage servicing platforms, investment reporting tools, participation portals, and Microsoft Excel to support process improvements, automation, system maintenance, and reporting accuracy.
• Identify and implement opportunities to strengthen internal controls, improve close efficiency, automate manual processes, enhance reporting accuracy, and reduce operational risk.
• Serve as a subject matter expert and technical resource for assigned accounting functions, providing guidance, training, and support to team members as needed.
• Collaborate effectively with internal departments, external service providers, and business partners to ensure accurate financial reporting and operational efficiency.
• Attend educational workshops, professional development programs, and training opportunities to remain current on accounting standards, regulatory requirements, industry trends, and system enhancements.
• Performs other related duties as assigned.

Knowledge, Skills, and Abilities (KSA)

• Knowledge of Wellby’s organizational functions and general operating policies and procedures.
• Knowledge of general office practices and procedures, business English, spelling, and punctuation.
• Knowledge of personal computer, utilizing Microsoft Office Suite and other software’s.
• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Knowledge of NCUA regulations and financial institution reporting requirements.
• Knowledge of general ledger accounting, reconciliations, and month-end close processes
• Skilled in operating computer equipment and general office machines such as personal computers, copiers, projection equipment, audio/video, Microsoft Teams, Zoom Video Communications, and adding devices.
• Skilled in financial reporting and analysis.
• Skilled in general ledger management and account reconciliation.
• Skilled in month-end and year end close administration
• Ability to analyze complex financial transactions and accounting issues
• Ability to ensure accuracy, completeness, and compliance in financial reporting
• Ability to interpret and apply accounting standards, regulations, and organizational policies
• Ability to communicate clearly and concisely, orally and in writing.
• Ability to efficiently understand and follow oral and written instructions, perform routine duties without close supervision, and establish and maintain effective working relationships with other team members.
• Ability to coordinate several concurrent activities simultaneously.
• Ability to exercise independent judgment.

Supervisory Responsibilities

The team member has supervisory responsibilities

Complexity & Scope of Work

• The team member follows Wellby’s policies and procedures, Team member Handbook, and federal and state laws and regulations in accomplishing assignments
• The team member will ensure policies, procedures, and programs are consistently administered, aligned with organizational goals, and compliant with professional standards.
• The team member performs routine and generally related tasks without supervisory direction.
• Tasks may occasionally have to be coordinated, integrated, and/or prioritized.
• Courses of action are determined by established procedures and/or their leader.
• The team member’s work is reviewed periodically for accuracy, completion, and compliance with the policies and procedures.
• The team member uses independent judgment in making decisions.

Physical Demands & Work Environment

• The physical demands and work environment characteristics described here represent those that must be met by a team member to successfully perform the essential functions of this position. Reasonable accommodations may enable individuals with disabilities to perform essential functions.
• To perform this job successfully, the team member is frequently required to remain in a stationary position 50% of the time. Daily movements include sitting, standing, reaching, and grasping; operating computers and other office equipment; moving about the office; and attending possible onsite and offsite meetings. 
• The team member must be able to exchange information, in person, in writing, and via telephone. Some degree of stress results from contact with management and other team members.
• The ability to observe details at close range (within a few feet of the observer).
• Must be able to occasionally lift items weighing up to 25 pounds across the office and load them onto shelves for various needs.
• The noise level in the work environment is usually moderate.
• Work involves the typical risks and discomforts associated with an office environment but is usually in an adequately cooled, heated, lighted, and ventilated area.

Minimum Qualifications

• Bachelor's degree in Accounting, Finance, or a related field required.
• Minimum of five (5) years of accounting experience required, preferably within a financial institution, credit union environment preferred.
• Experience with journal entries, account reconciliations, month-end close activities, and financial reporting support required.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP) required.
• Workday and Symitar/Jack Henry experience preferred.
• Bondable

For All Candidates

This is a Full-Time, Salary (exempt) role.

Wellby is an equal opportunity and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, veteran status or any other legally protected characteristic. If you'd like more information about your EEO rights as an applicant under the law, please contact Human Resources.

Wellby provides equal opportunity to qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation, please email careers@wellbyfinancial.com or call 281-226-1696 for assistance. 

Disclaimer

The statements herein are intended to describe the general nature and level of work being performed by team members and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the Company.