Accounting Manager

Summary

The Accounting Manager oversees the financial reporting function of the credit union. This role manages financial reporting, exam, auditing, and compliance with accounting standards and regulations, supervises a team of accounting professionals, and ensures accurate and timely recording, reconciliation of accounts, and preparation of financial statements and in-depth financial analysis. The Accounting Manager plays an important role in annual exam, financial audit and tax reporting, collaborates with other departments to provide financial insights and support decision-making, and leads in developing and implementing accounting policies and procedures, conducting financial analysis, and participating in strategic planning. This role liaises with external Federal and state examiners, auditors, tax authorities, and regulatory agencies to ensure compliance and address financial issues, and leads the accounting team in exploring comprehensive functions in the accounting system.

Essential Duties & Responsibilities

• Responsible for organizing month-end closeness and compilation of financial statements
• Compile monthly board financial statement package
• Responsible for organizing and monitoring the progress of journal entries from Accounting and other departments
• Responsible for organizing the compilation, review and improvements of NUCA Call reports
• Responsible for key Accounting and organization processes including Accounts Payable and Payroll
• Responsible for organizing other key reporting processes including corporate tax reporting (Form 990, vendor 1099s) and escheatment process
• Responsible for organizing general ledger reconciliation process to maintain appropriate internal control integrity
• Responsible for the design, process and maintenance of CECL (Current Expected Credit Loss) pool and other allowance pools
• Leading role in annual NCUA exam process in relevant transaction risk and capital market areas
• Leading role in organizing and work paper preparation in annual financial audit with external CPA firm
• Leading role in collaboration with ERM in various internal audit projects in Accounting area
• Responsible for overseeing payroll, accounts payable, mortgage, credit card reporting and several other organization processes
• Supervises accounting staff within the department; provides coaching and feedback as appropriate; establishes goals and objectives and holds staff accountable for results
• Draft, review and ensure timely updates of accounting process policies and procedures; standardizes procedures to improve efficiency of subordinates
• In conjunction with supervisor, design targeted training for new and existing staff; periodic cross training in all areas of Accounting to ensure department procedures are current
• Supervise staff, including performance evaluation and recommendation of salary adjustments
• Perform various analytics in area of financial performance, payroll, vendor payments and other relevant areas
• Participate and coordinate with other departments in organizational projects
• Reviews and recommends software and hardware changes as pertains to departmental area
• Acts as major liaison between department and other credit union member service areas
• Performs such other duties as may be assigned by Supervisor
• Responsible for updating Disaster Recovery Manual for Accounting

Requirements

Education: Bachelor's degree, or equivalent, in Accounting, Finance, Economics, or Business required. Master's degree in Accounting, Finance, or Business Administration preferred.

Certifications: CPA (Certified Public Accountant) preferred. CMA (Certified Management Accountant) preferred.

Applicable System/Program Knowledge: Advanced data analytical skills (proficient in Excel and other data analytical platforms). Proficient with core financial software, general ledger software, and advanced Microsoft Office functionality.

Experience: 5+ years of experience with necessary training or equivalent. Supervisory experience required.

Physical Demands

• Sitting for long periods at a time
• Regularly required to talk or listen
• Occasional lifting of office supplies up to 20 lbs
• Vision abilities including close vision and ability to adjust focus

Mental Demands

• Must understand and follow a set of clear oral and/or written procedures without deviation
• Performs repetitive routine tasks
• Withstand moderate amounts of stress
• Must adhere to a provided work schedule to meet a set of qualitative production standards
• Perform tasks that vary little from day to day
• Implements others' decisions/procedures with little judgment required
• Must relay information orally

Benefits

• 401k with profit sharing contribution
• Comprehensive medical, dental and vision coverage from leading insurance providers
• Continuing education and up to $5,000 in tuition assistance annually
• Generous vacation and sick pay
• Paid parental leave and volunteer time off
• Major holidays off including Federal holidays that many other industries don't observe
• Credit union benefits including reduced consumer/mortgage loan rates, free checks, and other financial services discounts