POSITION PURPOSE

Responsible for the accounting operations of the credit union, under the guidance of the VP, Accounting. Oversees the staff responsible for general ledger, accounts payable, fixed asset, accounts receivable, branch statistical reporting, ATM balancing, and accounting information systems. Ensures accurate recording and reporting of the Credit Union’s financial position.  Monitors department policies and procedures and recommends improvements. Serves as a resource in all aspects of accounting. Assists the VP, Accounting in ensuring that accounting activities are in accordance with established legal, regulatory, and Credit Union procedures.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

Assumes responsibility for the effective and accurate completion of accounting recording and reporting functions.

• Oversees preparation of daily, monthly, quarterly, and annual periodic financial records and reporting by accounting staff.
• Ensures that external document submissions and filings (including tax items) are accurate and timely.
• Reviews and approves journal entries, tasks, account reconciliations, check and ACH AP payments. 
• Ensures that records and reports are in accordance with generally accepted accounting principles and  government regulations.
• Oversees the Credit Union’s fixed asset portfolio to include depreciation schedules and cataloging of furniture, fixtures, and equipment.
• Researches and resolves accounting errors and discrepancies.
• Prepares regular reports and statements for management.
• Develops, implements, and evaluates procedures to maximize efficiency of department functions.
• Assists VP, Accounting in developing long and short-run operational/budgeting goals and objectives for the accounting department.
• Acts as a backup to department staff and the VP, Accounting as required.
  
  

Effectively supervises the Department staff, ensuring optimal performance.

• Provides leadership to Department personnel through effective objective setting, delegation, and communication.  Conducts regular staff meetings.
• Trains, coaches, and counsels and provides directives to direct reports, including monitoring of goals and objectives, managing day-to-day operational activities and performing annual performance reviews.
• Provides support and assistance to Department personnel as needed.
• Ensures that the quality and integrity of accounting services are maintained.
• Provides day-to-day oversight responsibility for ensuring compliance with regulatory laws as they related to functions within the department to include Bank Secrecy Act/Anti-Money Laudering Act and USA Patriot Act compliance.

Assumes responsibility for the oversight of work related to external audits.  Provides support for external audits/exams, and the needs of outside vendors.

• Supports the VP, Accounting and CFO for external audit/exam requirements and requests.
• Ensures that appropriate levels of confidentiality are maintained.
• Helps promote positive business relations with outside vendors.

Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and management.

• Aids and advises branch and department managers in handling accounting entries.
• Coordinates functions with other departments to help ensure accurate accounting records.
• Assists and supports Credit Union personnel.  Responds to questions and information needs.  
• Keeps management informed of area activities and of any significant problems.
• Attends and participates in all meetings, trainings, and committees as required

Assumes responsibility for related duties as required or assigned.

• Stays informed of trends and changes in the accounting and tax fields.
• Completes special accounting projects as assigned
• Participates in community and civic events to promote awareness of Credit Union in the community.
• Ensures that department work area are assigned equipment are clean, secure, and well maintained.
• Other duties as assigned by management.
  
  

Performance Measurements

• Financial and accounting statements, records, and reports are accurate and timely.  Management is provided with useful and informative reports and data.  The Credit Union’s financial position is accurately conveyed.
• Appropriate department policies and procedures are developed and updated as needed.
• Department functions are conducted in accordance with established principles, standards, and legal requirements.
• Credit Union assets are safeguarded and preserved.
• Department personnel are effective and efficient.
• Positive business relations exist with auditors, government officials, and trade professionals.
• Good coordination and effective working relations exist with other departments.  Assistance is provided as needed.
• Fortera Core Values are satisfactorily demonstrated.

Special Note: Fortera Federal Credit Union is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to age, sex, race, color, national origin, disability, pregnancy, genetic information, religious preference, protected veteran status, sexual orientation, gender identity or any other trait protected by state or federal law.

Please be advised, visa sponsorship is not available for this position.

Required Skills

Skills/Abilities:                       

• Strong supervisory and interpersonal skills.
• Strong oral and written communication skills
• Excellent analytical, critical thinking and problem-solving skills.
• Strong organizational skills; attentive to detail.
• Displays leadership and appropriate decision-making abilities. Able to exercise sound judgment.
• Able to work independently, collaboratively as a team, and handle multiple tasks in a fast-paced environment.
• Able to organize, coordinate, and direct team activities
• Able to use PC equipment, related software and standard office equipment.
• Professional appearance, dress, and attitude.
• Able to meet deadlines and maintain an effective and efficient workflow.
• Able to work well under pressure while always promoting a professional image of the Credit Union.
• Regular and predictable attendance.

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

GRASPING:                                  

• Using fingers and palm on an object.

FINGER DEXTERITY:                   

• Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.

Repetitive Motions:               

• Movements frequently and regularly required using the wrists, hands, and/or fingers.
  
  

Talking:                                     

• Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Average Hearing:                    

• Able to hear average or normal conversations and receive ordinary information.

Average Visual Abilities:      

• Average, ordinary visual acuity necessary to prepare or inspect documents or products, or operate machinery.

Physical Strength:            

• Sedentary work; sitting most of the time.  Exerts up to 10 lbs. of force occasionally.  (Almost all office jobs.)

WORKING CONDITIONS

None:                                       

• No hazardous or significantly unpleasant conditions (such as a typical office).
  
  

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability:           

• Ability to deal with a variety of variables under only limited standardization.
• Able to interpret various instructions.

Mathematics Ability:       

• Ability to compute discount, interest, profit, and loss; commission markup and selling price; ratio and proportion and percentage. 
• Able to perform very simple algebra.

Language Ability:             

• Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias. 
• Ability to prepare memos, reports, and essays using proper punctuation, spelling and grammar. 
• Ability to communicate directly with appropriate pauses and emphasis; correct punctuation (or sign equivalent), and variation in word order; using present, perfect, and future tenses.

Required Experience

QUALIFICATIONS

Education/Certification:     

• Bachelor’s degree in Accounting or business-related field.

Required Knowledge:          

• Thorough knowledge of generally accepted accounting principles.
• Thorough industry accounting practices and procedures.
• Thorough knowledge of governmental regulations and reporting requirements.
• Knowledge of related auditing functions.
• Technical understanding of automated accounting and other industry information systems.                 

PREFERRED KNOWLEDGE:          

• Knowledge of operations in a financial institution.

Experience Required:              

• Five or more years of accounting experience.
• Minimum 3 years’ supervisory experience required.