Skip to main content

This job has expired

Accounting - Mgr - Accounting

Employer
Golden 1 Credit Union
Location
Sacramento County, California, United States
Closing date
Jul 2, 2022

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
GENERAL DESCRIPTION:

Plans, organizes, and manages the Accounting Department. Responsible for adapting accounting functions and procedures for changes in operational activities, Credit Union products, technological updates, and Accounting standards. Coordinates with other departments to ensure accounting activities are accurately reflected and properly flow through accounting systems as well as the Financial Statements. Embrace and embody Golden 1's mission, vision and core values.

TASKS, DUTIES, FUNCTIONS:

1. Train, direct, motivate, and evaluate Accounting Department staff and Supervisors.

2. Foster a positive and engaging work environment for every team member by promoting skill development, coaching for improvement and growth, inspiring others through your words and actions, ensuring positive employee morale.

3. Oversee, monitor, review, and approve the following functions:

• Data entry, recordkeeping, journal entries, daily, weekly, monthly, quarterly, and annual accounting reports, research and resolution of complex issues and outages.

• Accounting department projects.

• Maintenance of current procedure manual for all staff functions. Update procedures in response to changes in operational activities, corporate policy, or technological upgrades.

• Process improvements to accounting systems and procedures to mitigate/resolve systemic issues and outages.

• Preparation of audit work papers/computer spreadsheets for outside auditors.

• Use of computerized accounting models and results analysis through reports, graphs and other analytical tools.

• Preparation of monthly financial statements for the Credit Union. Review income statement account variances.

• Budget preparation.

• Production of reports for executive management and the board of directors.

• Compliance with applicable standards, rules, regulations.

• Maintenance of the General Ledger system and all sub-ledgers.

• Ensures timely completion of General ledger entries, write offs for member transactions and operating departments General Ledger account reconciliations and aging.

4. Prepares and ensures timely reports and reconciliations for both internal and external use.

5. Maintain a working knowledge of GAAP (ASCs and FASBs) to ensure accuracy of Financial Statements and accounting processes, including accounting, tax, regulatory, and other related matters.

6. Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.

7. Ensure that the balancing and reconciliation of applicable daily, monthly and annual work is complete and accurate.

8. Communicates issues timely and via proper escalation channels (i.e. Operational and Member Impact Alerts).

9. Prepare timely employee performance evaluations.

10. Communicate and interact with Controller and CFO on operational accounting procedures, workflows, audit, tax, regulatory, and other financial matters.

11. Administer accounting related data processing functions including mainframe general ledger system interface and thorough working knowledge of the general ledger system.

12. Assist other departments in development of accounting procedures for new services and changes in existing operations, including new general ledgers, flow charts, and supporting documentation, as applicable.

13. Update and maintain Operational Accounting Department policies and procedures documentation. Continually evaluate the efficiency and effectiveness of procedures for direct areas of responsibility and update accordingly.

14. Assist Controller in updating corporate policies and processes as assigned.

15. Prepare and process financial records for mergers/acquisitions as applicable.

16. Assist with the preparation and review of internal and external financial reports; including Financial Statements, property tax, income tax, and investment reporting

17. Assist Project Analysts for Operational Accounting related projects and participate on special projects as assigned. Oversee the Project Analyst as applicable and as it pertains to specific operational related projects.

18. Assist with regulatory examinations, annual independent audits, and internal audits as necessary. This includes assisting in the development of the audited financial statements including footnote calculations and narratives. Research and develop new footnotes from accounting literature, as applicable.

19. Manage the annual renewal and periodic modification of the corporate property and risk insurance policy.

20. Conduct special studies, projects, ad-hoc reporting, reviews, analyses, and all other duties, as

assigned.

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:

1. Effective oral and written communication skills required to manage and evaluate staff, make presentations, prepare recommendations, perform analysis, and accomplish other managerial functions as listed.

2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.

3. Minimal travel (1-5 times annually) locally, statewide, and throughout the United States as required to develop and manage all aspects of the Accounting area and to attend conferences, seminars, and meetings. Overnight travel and evening schedules included.

4. Proficiency with word processing and spreadsheet software programs required in order to prepare and present various reporting tasks, projects and presentations.

ORGANIZATIONAL CONTACTS & RELATIONSHIPS:

1. INTERNAL: All levels of staff and management

2. EXTERNAL: External Auditors, regulatory agencies, financial institutions, and vendors.

QUALIFICATIONS:

1. EDUCATION: Bachelor's Degree in Accounting or equivalent combination of education, training, and experience required. CPA or Master's Degree preferred.

2. EXPERIENCE: Five years or more of progressively responsible accounting management experience in a financial institution or equivalent. Project management and financial analysis experience preferred.

KNOWLEDGE/SKILLS:

- Excellent oral, presentation, and writing communication skills required to interact with members, credit union staff and management, and vendors.

- Strong research, analytical, planning and organizational skills.

- Ability to use logical reasoning when interpreting facts.

- Independent worker with ability to be flexible and work in a team environment.

- Quick learner, responsive, ability to multi-task, and time management skills.

- Ability to meet deadlines; may be required to work extended hours to complete tasks.

- Must possess sufficient manual dexterity to skillfully operate a personal computer and standard office equipment including 10-key calculator, telephone and copier.

- Excellent personal computer skills, including Excel, Word and Outlook.

- Strong knowledge of existing credit union products, services and overall operational guidelines, including commonly used financial industry concepts and practices

- Strong knowledge of GAAP, auditing standards, financial analysis, budgeting, and credit union accounting policies and practices.

- Strong knowledge of accounting operations and systems within a financial institution.

- Strong interpersonal skills.

PHYSICAL REQUIREMENTS:

1. Lifting up to fifteen pounds without assistance.

2. Prolonged sitting throughout the workday with occasional mobility required.

3. Corrected vision in normal range required to read and review logs, general ledger documents, and perform other related tasks pertaining to this functional area.

4. Hearing in normal range to handle moderate telephone contact. A telephone device to enhance hearing will be provided if needed.

5. Minimal local and statewide travel by car or public conveyance to attend meetings, seminars, conferences, training classes, etc.

6. Long work hours may be required to complete assigned tasks.

LICENSES/CERTIFICATIONS: None

THIS JOB DESCRIPTION IN NO WAY STATES OR IMPLIES THAT THESE ARE THE ONLY DUTIES TO BE PERFORMED BY THIS EMPLOYEE. HE OR SHE WILL BE REQUIRED TO FOLLOW OTHER INSTRUCTIONS AND TO PERFORM OTHER DUTIES REQUESTED BY HIS OR HER SUPERVISOR THAT ARE WITHIN HIS / HER KNOWLEDGE, SKILL AND ABILITY AS WELL AS HIS / HER MENTAL AND PHYSICAL ABILITIES.

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert