AVP of Accounting
AVP of Accounting
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Salary Not Disclosed
1 Vacancy
Job Description
Summary:
Is the first assistant to the VP/CFO. Has knowledge of and is able to perform all functions on all products and services of the accounting department. Is responsible for managing the accounting department and systems financial reporting reconciliation and analysis functions of the organization. Supervises Accounting Department personnel to ensure that appropriate levels of training performance accuracy accountability are present and ensures that members are served professionally and efficiently. Utilizes knowledge and experience in exercising discretion and independent judgment in resolving problems and answering questions.
Responsibilities:
- Have thorough knowledge of all phases of functions performed in the accounting department including:
- Share Draft processing
- Payroll Deduction
- ACH/ Direct Deposit
- Accounts Payable
- General Ledger
- Financial Analysis
- Responsible for:
- Prepares and submits NCUA Form 5300 Federal Reserve Collateral Schedule & Fredie Mac Financials
- Calculating and preparing monthly Fixed Assets and Prepaids
- Assists with the preparation of the Credit Unions annual budget and monitoring of periodic budget to actual results
- Calculating reconciling and paying monthly Backup Withholding including Annual 945 Tax form
- Preparing and recording monthly Insurance Premiums
- Preparing Monthly Board of Directors financial package
- General Ledger month end close including financial reports. Also make sure Core System Credit Cards First Mortgage systems balance with the general ledger at the end of the month.
- Various Bank and Account Reconciliations
- Posting and Reconciling of all Loan Participations
- Reconciling and posting Investment purchases redemptions and interest including Average Life Calculation for Investment Portfolio.
- Prepare monthly ALM monthly reports and assist to analysis the credit union concentration limits.
- Annual Escheat Reporting.
- Prepare monthly visible equity information to be uploaded by VP of Lending. Once the information is uploaded in Visible Equity program balance loan portfolio delinquency and chargeoff & recoveries against the general ledger.
- Reviews and recommends new methods and procedures to make daily operations more efficient. Performs considerable shortterm planning scheduling and coordinating within area of responsibility.
- Compliance and preparing the department for internal and external audits regulatory exams
- Participates in annual audits and examinations by overseeing preparation of materials providing necessary data and implementing findings as directed.
- Able to interpret Credit Union policy for accounting personnel and to train them in following regulations and procedures. Able to make recommendations in changes of policy and procedures as needed.
- Assume responsibility for the assets security of the department and overall safety and wellbeing of the staff.
- Support the efforts of staff members to respond to member complaints; exercise ability to intervene and resolve problems by applying Credit Union policy with good judgment in responding to discrepancies or problems with member accounts.
- Provide training to staff about changes in regulation policies and procedure related to the Accounting department responsibilities.
- Request wire for funding Investments purchases or upcoming purchase for Upgrade and CBS.
- Complete other duties tasks and projects as assigned. The list of essential duties is not exhaustive. It may be supplemented as necessary from time to time.
Supervisory Responsibilities:
Manages and supervises employees in the Accounting Department. Responsible for the coordination and evaluation of the department. Carries out supervisory responsibilities in accordance with the organizations policies and applicable laws. Responsibilities include interviewing hiring and training employees; planning assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Qualifications :
To perform the job successfully an individual should demonstrate the following competencies:
- Bachelors Degree in Accounting required. MBA preferred
- 5 to 10 years experience in various functions of accounting
Completion of various training and management programs as needed and participation in new studies and programs as they are required
- Exceptional analytical skills to evaluate financial and budget performance.
- Excellent knowledge of all phases of accounting operations products and services.
- Strong computer skills knowledge of Accounting and database software proficient in Excel.
- Proficient in data analysis and data warehousing.
- Strong ability to research analyze and solve problems
- Excellent writing skills and interpersonal skills in listening and oral communication.
- Able to work independently with minimal supervision.
- Leadership Motivates assigns and assists staff in daily work.
- Teamwork Contributes to building a positive team spirit.
- Organizational Skills
- Delegation Sets expectations and monitors delegated activities
- Business Acumen Understands business implications of decision
- Cost Consciousness Recommends and implements cost saving measures
- Speaks with poise voice control and confidence using correct English.
- Customer Service Responds promptly to member needs.
- Interpersonal Skills Maintains confidentiality.
- Demonstrates accuracy and thoroughness.
- Able to communicate with subordinates and members to convey or exchange information.
- Able to make professional presentations to all size groups of any age.
Additional Information :
As a First Financial employee youll enjoy a challenging work environment. We offer a great benefits package including Medical Dental Rx Vision Life Ins. Retirement Plans Vacation Sick and Personal.
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
