Accounting Manager

About Us

DEXSTA Federal Credit Union is a not-for-profit full service financial institution that exists to serve its members. “Since 1937, our credit union has maintained our commitment of ‘people helping people.’ If our members have a need, we find the solution. Be sure to visit any of our branches and see the difference a credit union makes.”

Jerry King | PRESIDENT, CEO

Our Communities

Fulfilling the credit union movement’s mission of “people helping people” is always at the heart of DEXSTA Federal Credit Union’s community efforts. We lean upon the old adage of “actions speak louder than words” to bring that philosophy to life in our communities. DEXSTA has been a long-time supporter of Children’s Miracle Network (CMN) Hospitals, Ronald McDonald House, and Sunday Breakfast Mission. We also support the Boys & Girls Clubs of Delaware and are always looking for new ways to get involved! Any time the DEXSTA team comes together for a good cause, some fun and laughs always seem to follow!

DEXSTA Federal Credit Union is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. DEXSTA Federal Credit Union makes hiring decisions based solely on qualifications, merit, and business needs at the time.

Our full time positions come with the following benefits that are paid by the company for employees:

• Medical and prescription plan

• Vision Plan

• Life Insurance

• AD&D Insurance

• Money Purchase Plan(Pension plan)

• Short Term Disability

• Long Term Disability

• Paid Time Off

Additional Benefits:

• Dental Insurance

• AFLAC Insurance

• 401k Plan with company match

• Incentive plans for certain positions

• Membership to the Credit Union

Position Summary:

Responsible for management/supervisory function of the accounting department, ensuring proper staffing and training. Ensure all credit union records are maintained to the highest standards.

Duties/Responsibilities:

• Follow all credit union policies, procedures, and requirements in addition to all state and federal laws and regulations, including Regulation CC, the Bank Secrecy Act, OFAC and USA Patriot Act/Customer Identification Act (CIP). Educate members on various credit union policies, procedures and related laws and regulations where applicable.

• Supervise accounting staff including scheduling, disciplinary action, coaching and performance evaluations.

• Responsible for administration of websites and system user’s access and privileges for Fedline Advantage (Federal Reserve), MidAtlantic Corporate Federal Credit Union Zephyr / Remote Branch Capture.

• Research and resolve Remote Branch Capture (RBC) issues.

• Request Symitar user privilege updates for staff as needed.

• Verify / override transactions processed by other staff as needed.

• Administer the IRA Program by reviewing required completed forms, required minimum distributions and annual reporting as well as facilitate meetings with members and staff for complicated transactions.

• Manage accounts payable process to create new vendors, review monthly accruals and operating expenses and prepare Invoices Paid Report on a monthly basis.

• Maintain MidAtlantic Corp Bank reconciliations and review Federal Reserve Bank reconciliations.

• Process/verify wire/remittance transfer transactions through Fed-Line and Zephyr including OFAC searches.

• Maintain and monitor subsidiary ledgers. Research and correct any general ledger out of balance conditions.

• Answer inquiries from all staff, members, and vendors regarding general ledger transactions and IRA accounts.

• Complete and transmit reports to Federal Reserve and NCUA.

• Monitor reports for various ancillary product sales and submit income details.

• Complete applicable month end procedures.

• Mortgage settlement processing.

• Responsible for departmental member correspondence as needed.

• Interact with internal and external auditors and examiners.

• Cover all other accounting department positions as needed.

• Other duties as assigned.

Essential Functions:

• Lifting of up to 20 pounds, twisting and kneeling are frequently required.

• Extended sitting up to 95% of the time.

• Continuous sound perception/discrimination and verbal speech ability.

• Frequent exposure to dust and poor ventilation.

• Intermediate mathematical skills (calculations/concepts involving decimal and percentages).

• Ability to use a computer and adding machine, perform minor math calculations and general account reconciliations.

• Knowledge of basic accounting principles. Knowledge of credit union data processing system and credit union cash management policies and procedures.

• Knowledge of Microsoft Office programs.

• Excellent oral and written communication skills.

• Problem solving skills.

• Occasional travel required.

• Must be bondable.

Education, Training and Experience:

• Bachelor’s Degree in Accounting or equivalent.

• 3 to 5 previous Accounting experience.

DISCLAIMER

The information in this position description has been designed to illustrate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all the duties and responsibilities and/or qualifications required of any employee assigned to this position.