Manager, Accounting and Reporting

About the Role

The Manager, Accounting serves as a functional leader, overseeing the financial reporting and regulatory compliance of the credit union. This position is accountable for managing financial and regulatory reporting, internal controls, technical accounting, and ensuring adherence to regulatory standards. This role plays a critical leadership part in ensuring a high-performing team that maximizes efficiency with a positive impact on the financial health of the credit union while providing excellent service to its stakeholders.

Responsibilities

• Direct and maintain accountability for the month-end close process, monthly reporting, variance analysis, quarterly Call Reports, and general ledger account reconciliation reviews.
• Maintain internal financial records, generate reports, ensure compliance with laws and regulations, prepare tax returns, and support the planning process for non-interest income and expense (NIIE).
• Establish and maintain accounting policies, procedures, and accounting memos.
• Manage the monthly Allowance for Credit Losses (ACL) process ensuring compliance with GAAP, with expert knowledge of ASC 326 (CECL).
• Supervise the maintenance of fixed asset records, depreciation schedules, and lease accounting records in accordance with accounting policies, with expert knowledge of ASC 842 (Lease Accounting).
• Provide accounting leadership and decision-support for strategic initiatives, including new products and services.
• Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP.
• Present financial reports to senior management highlighting key financial metrics and trends.
• Own the accounting control framework and ensure the effectiveness of internal controls to safeguard assets and ensure compliance with regulatory requirements.
• Conduct regular reviews of financial processes and procedures to identify areas for improvement and mitigate risks.
• Stay abreast of changes in accounting standards and regulatory guidelines, implementing necessary adjustments to ensure compliance.
• Serve as the Accounting department leader and point of contact for financial audits, internal audits, and regulatory examinations.
• Lead the development and execution of corrective action plans and process improvements resulting from audit findings and regulatory examinations.
• Serve as a subject matter expert on all accounting software tools used by the Accounting department (ProfitStars, Prologue, nCino, Concur, LeaseQuery, Fed Reporter, Symitar, and related modules).
• Oversee the month-end close, management reporting, and provide audit support for the MCU Foundation.
• Review and ensure the application of appropriate internal controls, compliance, and financial procedures.
• Monitor key financial metrics and performance indicators, analyzing trends and identifying areas for improvement or risk mitigation.
• Provide all deliverables in accordance with prescribed timelines.
• Assist with projects, working collaboratively with other departments and meeting all deadlines.
• Perform other related duties as requested and special projects as assigned.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field required; MBA or CPA with a ‘Big Four’ or public accounting experience strongly preferred.
• 10+ years of progressive accounting experience, with a minimum of 4 years in an accounting leadership (manager or higher) position at a similarly sized bank or credit union.
• In-depth knowledge of GAAP, regulatory compliance, and financial reporting requirements for financial institutions.
• Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
• Proven leadership abilities, with experience managing teams and driving results in a collaborative environment.
• Exceptional communication and interpersonal skills, with the ability to articulate accounting concepts to diverse audiences and influence decision-making processes.
• Strategic mindset and forward-thinking approach, with the ability to anticipate challenges and develop proactive solutions.
• Proficiency in financial software and Microsoft Excel; experience with banking systems such as Symitar core banking platforms is a plus.
• Demonstrated success in planning, organizing, leading people and activities.
• Ability to motivate, direct, and coach staff.
• Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
• Technologically proficient.

Leadership Competencies

• Proven ability to manage change.
• Capacity to take calculated risks and innovate.
• Experience in setting vision and strategy.
• Lead by example and encourage team adaptability.
• Successful in communicating effectively.
• Prioritizes developing others.
• Values diversity and difference in thinking.
• Proven ability to build and maintain relationships at all levels of the organization.
• Skilled at managing effective teams and work groups that default to action, are accountable, and take ownership of work.

Why You'll Be a Good Fit

Our Core Values are an integral part of who we are and who we hire. By living our Core Values every day, we continue to attract the best and brightest talent, achieve unsurpassed results, and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate:

• Results - We are passionate about winning.
• Agility - We proactively anticipate, respond, and pivot to ensure MCU wins.
• Integrity - We operate with the highest ethical standards and highest degree of honesty.
• Belonging - We cultivate a culture of inclusion and teamwork.
• Ownership - We take personal responsibility and hold ourselves accountable for the results.

Pay

The pay range for this position is between $148,300 - $185,000 annually. Actual base pay offered may vary depending on job-related knowledge, skills, experience, and location. Employees in this position may also be eligible for a discretionary bonus.

Benefits

• 401(k) with a 6% employer match per pay period.
• Medical, vision, dental, life, and disability insurance.
• Flexible paid time off and 11 paid holidays annually.