Accounting Analyst I

Michigan Business Connection, LC

Job Description

Job Title: Accounting Analyst I

Department: Finance and Administration

Reports To: Controller

FLSA Status: Non-Exempt

Grade level: 600

Hours 7/8:30 am – 4/5:30 pm Monday – Friday*

Location Ann Arbor, MI 48105*

SUMMARY

This position is accountable and responsible for assisting in the administration and execution of various

MBC policies and guidelines related to reporting services for MBC staff/credit union partners.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Demonstrate enthusiasm for MBC core values

Teamwork, Accountability, Integrity, Innovation and

Leadership.

Support daily accounting functions including:

 Assist with month-end and year-end close related to general ledger account reconciliations

 Process and post general ledger entries to the core system

 Prepare daily cash account and related liability general ledger reconciliations, correct or request

corrections as necessary

 Review daily general ledger trial balance, application balancing, interest out of balance report

and base note balance report daily for potential out of balance accounts

 Process accounts payable and escrow check requests

 Create/ maintain vendor records in the accounts payable system

 Maintain accurate accounting records of good faith deposit funds received, expenses and account

balances related to closed loans, loans in process, modifications and or/renewals

 Maintain weekly rate changes in the core system

 Input outgoing wire transfers, ACH payments and online payments related to accounts payable

processing

 Approve outgoing wire transfer requests

Provide administrative support in various reporting areas including:

 Provide quality customer service to credit unions

 Assist with research and respond to internal and credit union requests for information

 Assist with the preparation and balancing of monthly and quarterly credit union reports within

the proper reporting deadline

 Assist with the preparation and balancing of quarterly Call Reports, Loan Quality Reporting,

within the proper reporting deadline

 Post all reports to DocRecord for the credit unions

 Assist with various internal reporting, auditing and data accuracy reviews

 Perform other responsibilities as necessary

SUCCESS MEASUREMENTS

Success in this position is primarily measured as the accuracy and timeliness of balancing and reporting,

as well as the visible demonstration of company values and leadership.

SUPERVISORY RESPONSIBILITIES

None

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the minimum knowledge, skill, and/or ability

required. Reasonable accommodations may be made to enable individuals with disabilities to perform the

essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree (B.A. or B.S. ) from four-year college or university; or equivalent combination of

education and experience. One-year accounting experience at a financial institution or commercial loan

servicing experience preferred. Fiserv knowledge is preferred.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions,

and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively

before members or employees of the organization.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common

fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only

limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral,

diagram, or schedule form.

TECHNOLOGY SKILLS

Strong experience with spreadsheet programs including near expert Excel knowledge and other

Microsoft Office solutions.

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 may 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; use hands to finger,

handle, or feel; and talk or hear. The employee is occasionally required to stand and walk. The employee

must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include

close vision, and ability to adjust focus.

The employee must be properly licensed to drive an automobile and provide for their own transportation.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters

while performing the essential functions of this job. Reasonable accommodations may be made to enable

individuals with disabilities to perform the essential functions.

The work environment is a typical office environment.

The noise level in the work environment is usually moderate.

*MBC operates within a flex time environment, allowing reasonable employee discretion in start and end

times. Certain functions may be supported from a work at home environment as agreed to by the MBC

president.

Benefits:

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Work Location: In person