Senior Financial Accountant

Tukwila, WA

About BECU

BECU is Washington's largest credit union and one of the top five financial cooperatives in the country with over one million members.

We are a member-owned, not-for-profit financial institution committed to providing affordable and responsible financial services to residents of Washington State.

Since 1935, we have operated with the promise of returning value to our members in the form of better rates and fewer fees—staying true to the credit union guiding principle of "people helping people."

In the spirit of “people helping people,” BECU and employees are committed to community outreach in the areas of affordable housing, financial literacy, education support and the credit union movement.

Senior Financial Accountant

SUMMARY

The Senior Financial Accountant is responsible for determining, interpreting, and calculating financial transactions that require the application of complex accounting rules. The Senior Financial Accountant is responsible for financial accounting functions, analysis, reconciliations and regulatory reporting.

RESPONSIBILITIES

  • Perform all responsibilities in accordance with BECU Competencies and Information Protection requirements.
  • Prepare financial reports, forecast /plan, regulatory reports, footnote disclosure, narratives, other reporting, general ledger account reconciliation, and compute/record journal entries for complex financial transactions as assigned for BECU and any affiliated organizations in compliance with Generally Accepted Accounting Principles (GAAP), regulatory requirements with attention to format completeness, proper classification of amounts, accounting procedures, sound judgement and adequate supporting documentation.
  • Engage and collaborate with credit union employees to timely resolve accounting and operational issues and provide advice on accounting best practices.
  • Review and interpret invoices, contracts and agreements for proper coding and accounting recognition.
  • Develop and maintain working knowledge of data tools and enterprise systems to effectively and efficiently utilize and analyze data in executing responsibilities.
  • Proactively assess, analyze, update, develop, make, and implement recommendations regarding financial accounting issues, procedures, internal controls, computations and reconciliations to meet business requirements, including assisting Credit Union departments with operational accounting issues, improve efficiencies and enhance controls in financial close reporting.
  • Serve as primary functional analyst for financial system/module as assigned.
  • Perform the design, analysis and/or implementation of new/enhanced accounting and organizational systems/processes to ensure compatibility with accounting requirements, streamline or automate procedures to enhance internal controls.
  • Assist with researching and implementing new GAAP.
  • Participate in varied, broad and cross-divisional assignments.
  • Ensure that written procedures are documented for all functions within area of job responsibility, and update as necessary, to provide staff with instruction and guidelines for operations.
  • Participate in training and onboarding of new Accounting team members.
  • Perform other duties as assigned.

QUALIFICATIONS

  • Bachelor’s degree in Accounting or equivalent work or educational experience.
  • Minimum five years of progressive accounting experience required.
  • CPA/CMA preferred or continuing education towards CPA/CMA
  • Maintain a thorough knowledge of Generally Accepted Accounting Principles and related regulatory matters.
  • Excellent conceptual, organizational, problem solving and analytical skills. Ability to critically assess and exercise professional judgement.
  • Proficient verbal and written communication skills to effectively communicate in the English language.
  • Ability to effectively plan, organize and multi-task work projects/responsibilities, and work well under deadlines.
  • Detail and number oriented, with a high degree of accuracy.
  • Full time hours required, with additional hours as necessary.