About us:

Naveo is a not-for-profit financial institution (with locations in Somerville and Cambridge) focused on serving our members as partners, guiding them towards their financial goals. We embrace their personalities, cultures, and ambitions, tailoring our services to fit their needs and creating a financial plan that matches up with their current and future goals. At Naveo, it’s your journey.

Our team is made up of experienced and dedicated employees seeking to make an impact in the communities we serve by supporting our local economy, small businesses and community organizations. Interested in bringing value to our members and neighbors? Seeking to develop your skills? You might be a fit for one of our openings.

About the role:

The Staff Accountant will have responsibilities for performing the general ledger function, monthly and quarterly filings, monthly closings responsibilities as well as other duties.

Responsibilities include:

• Contribute to monthly, quarterly, and annual processes, including preparation and review of entries for the month-end G/L closing process, and monthly reconciliation and review of G/L accounts.
• Prepare and review monthly accrual entries.
• Prepare portions of Call Report including sections related to delinquencies, charge/offs, and purchased loan pools.
• Prepare Investment and Liquidity reports for monthly ALCO Meetings and Treasurer’s Report.
• Prepare assigned G/L Account Reconciliations 
• Ensure accuracy of all Balance Sheet and P & L G/L accounts.
• Reconcile and maintain suspense/clearing G/L accounts.
• Research and prepare monthly actual to budget variance analysis for income and expense accounts.
• Maintain Oracle fixed asset module. 
• Train accounting staff on various accounting duties and train other departments on control procedures. 
• Regularly trouble shoot with COCC and other departments to solve problems and implement controls when adding new products.

Investments / Cash Management

· Prepare daily liquidity analysis

· Responsible for processing all incoming / outgoing wires.

· Initiate / Verify outgoing wires.

Accounts Payable 

· Responsible for performing all duties related to Accounts Payable.

· Perform vendor maintenance and maintain vendor relations.

· Ensure accounts payable is processed on a weekly basis.

· Ensure accuracy of invoices, proper authorization, and expense recognition.

· Maintaining proper files and documentation of paid invoices.

· Research discrepancies, missing information, and vendor inquiries on a timely fashion.

Other

· Assist branch managers with cash balancing issues as required.

· Play key role in setting up new products including setting up general ledger accounts and directing lending, operations and retail comply with control environment. 

Our ideal candidate looks like: 

Education/Experience: 

-At least 2-5 years in similar accounting role in a bank or credit union

-Bachelor’s Degree in Accounting preferred

-advanced financial analysis experience

-ORACLE general ledger experience

-Fixed asset and accounts payable experience

-Ability to problem solve, analyze information, and demonstrate professionalism

-Excellent organizational skills and ability to work independently.

-Demonstrated comfort level with technology such as mobile services and online banking services is a plus.

-Effective time management skills. Ability to exercise good judgment and ability to prioritize multiple demands.

Have some of the above skills or qualifications, but not others? Contact us and let us know why you think you’d be a fit.

MORE ABOUT US:

Naveo Credit Union, formerly Cambridge Portuguese Credit Union, was incorporated in 1928 by members of the Portuguese-American community as a place for their community to grow their savings with confidence and borrow money at low rates. In 2014, we changed our name to Naveo Credit Union to complement the changing demographics of the area -- we welcome everyone in the community to become a member. We are socially responsible, supporting local non-profit organizations that serve our membership. 

Naveo is an equal opportunity employer that values diversity. We do not discriminate based on perceived or actual race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, or status as an individual with a disability. Naveo is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment and activities.