Senior Financial Accountant

About the role

The Senior Financial Accountant plays a crucial role in the finance department, focusing on accounting, financial reporting, and analytical activities. This position requires a strong foundation in GAAP, proficiency in Microsoft Excel, and experience in financial systems.

Responsibilities

• Prepares journal entries, maintains supporting documentation, reconciles general ledger accounts and transactions, investigates and resolves discrepancies, and clears aged reconciling items in a timely manner.
• Manages the accounting and reporting of participation loans, including tracking principal and interest activity, reconciling balances, and coordinating with lending and servicing departments.
• Participates in the month-end and year-end close process by analyzing financial statement line items, preparing supporting schedules and reconciliations, processing journal entries, and resolving variances.
• Assists with accounts payable activities assigned, including invoice review, payment processing, vendor communication, and adherence to internal controls and company policies.
• Supports the timely and accurate preparation of internal and external financial reports, including monthly management reporting, regulatory filings, and Board or committee reporting as assigned.
• Supports CECL and allowance-for-credit-losses processes by preparing data, maintaining supporting schedules, assisting with qualitative and quantitative analyses, and coordinating with accounting, finance, lending, and risk partners as needed.
• Compiles, analyzes, and prepares financial management reports for the Credit Union, including internal reporting and external reporting such as Asset/Liability Management, regulatory filings, and peer comparisons.
• Analyzes financial statements; evaluates rate and volume variances, interest income and expense, liquidity, investments, and branch and product profitability; and identifies trends across market and channel performance.
• Assists in the development, coordination, and maintenance of the Credit Union’s financial plan and supporting budget, including multi-year planning, strategic initiatives, and ongoing monthly forecast and budget updates.
• Provides data, analytics, and financial insight to support research and development efforts aimed at improving products, services, and operational performance.
• Interfaces with multiple departments to understand data sources and operational drivers and documents assumptions, methodologies, and findings.
• Maintains current procedures and documentation related to assigned functions and identifies opportunities to improve processes, strengthen controls, and increase efficiency.

Qualifications

• Frequent interaction with internal and external stakeholders to build effective relationships, support collaboration, and facilitate issue resolution.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP), strong proficiency in Microsoft Excel, and experience with accounting, financial reporting, or core financial systems.
• Solid understanding of financial statement preparation, account reconciliation processes, regulatory reporting, and internal control principles; credit union or financial institution experience preferred.
• Strong research, analytical, and problem-solving skills, with the ability to evaluate complex financial and operational information and derive actionable insights.
• Excellent verbal, written, and organizational communication skills, with the ability to present financial information clearly to diverse audiences.
• Highly organized with exceptional attention to detail and a consistent commitment to accuracy, documentation quality, and meeting deadlines.

Skills

• Advanced Microsoft Excel skills (PivotTables, Power Query, financial modeling).
• Experience with Symitar and/or Empyrean.

Benefits

Back Office Benefits That Work for You: Student Loan & Tuition Assistance, Employee Loan Discounts, Weekly Paychecks, 401(k) with Employer Match & Profit Sharing, Lighthouse Leave Program, Volunteer Time Off (VTO), PTO + Paid Federal Holidays, Balanced Schedule, Comprehensive Medical, Dental & Vision Plans, HSA/FSA Options, Discounted Pet Insurance, Employee Assistance Program (EAP), Annual Bonus Program, Engagement Groups, Ongoing Training & Career Growth, Annual Summit & Team Outings.

Pay

Competitive salary commensurate with experience.

Schedule

Hybrid or remote work arrangement, with occasional travel to headquarters or other business locations as necessary for work purposes.