Controller

Position Summary

Remote candidates may be considered, but must be within driving distance of the Cheyenne, Wyoming branch and remote branches.

To achieve success in this position, the Controller must develop and lead a team capable of exceeding the expectations of WyHy Federal Credit Union and its accounting and support needs. Must maintain current working knowledge of all GAAP and Credit Union accounting processes and procedures as well as financial reporting. The Manager must be detailed-oriented, organized, and able to handle multiple tasks at once. The Controller must deliver above expectations on all accounting and support matters in a timely and accurate manner, with the expectation of continuous improvements in all responsible areas.  

Essential Functions

• Deliver complete, accurate, detailed, and timely accounting work at all times.
• Closely manage the overall finance, accounting, and internal controls functions of the credit union to ensure appropriate deliveries and maintenance of all accounting systems/functions and internal controls.
• Manage all GL related matters, including but not limited to AP, prepaids, clearings, and accrual GLs and schedules, in a timely/effective/efficient manner.
• Timely recommend the deposit and loan rate determination for the credit union and report appropriately to the CFO.
• Oversee all organizational audits, including but not limited to the NCUA exams, external financial audits, ACH audits, and wire audits, and be the main liaison to the examiners/auditors. Deliver audit/exam materials timely.
• Lead in ALM Modeling analysis and what-if scenarios for different investment, loan, and share decisions to optimize the credit union portfolio.
• Lead in delivering a final annual budget by November 30 of each year reflecting the annual strategic plan, working closely with other departments and the CFO.
• Provide monthly budgetary variance report to the CFO.
• Review and recommend changes and improvements to credit union policies as necessary to further the objectives of the credit union, and if applicable, to mitigate unnecessary risks.
• Manage all vendors/servicing partners related to all accounting and finance functions, including but not limited to FHLB, Federal Reserve, and Alloya Corporate CU.
• Oversee and ensure payroll processing functions are completed timely.
• Ensure maintenance of appropriate internal controls and financial procedures.
• Ensure cash management at branches are within the effective limits and determine that the cash levels reflect the necessity, not overstocking on cash at branches.
• Oversee timely reporting/filing of all the required reports/returns/forms to the regulatory agencies, including but not limited to the 5300 report, FR 2900, escheatment, and IRS reporting.
• Make sure the posting of checks, ACH, and any other processing functions are completed timely as necessary for the credit union operations.
• Responsible for all accounts payable and fixed assets functions and manage effectively to obtain the best possible pricing and schedule wherever and whenever possible.
• Efficiently manage all expenses and reduce/cut whenever possible.
• Ensure all GLs, bank and corporate check records, and other financial records are reconciled in a timely manner.
• Provide analytical reports in all areas of the credit union to the leadership team.
• Manage 3^rd party relationships that are related to all responsible areas.
• Develop, maintain, and ensure adherence to all written procedures necessary to create consistencies in all operations under the areas of responsibility.
• Initiate, develop and lead projects that are related to the areas of responsibility.
• Prepares reports as requested by the Board or the CEO/CFO. Inform CEO/CFO of all operations, conditions, and influencing factors.
• Support fully the credit union culture as established by the CEO.
• Actively support and promote WyHy core values, mission and vision statements, and staff commitment.
• Other duties as assigned by the CEO/CFO.

Supervisory Functions

·      Support Accounting Department and any 3^rd party partner.

·      Set accounting department and individual accounting staff member goals.

·      Manage the accounting staff, to include staffing, scheduling, workflow, supervision, performance management and coaching.

·      Maintain positive energy within the department, with positive and timely customer service to internal and external customers.

Membership and Appointments

·      Member of Management Asset Liability Committee (MALCO).

·      Member of Asset Liability Committee (ALCO).

·      Member of Risk Management Committee (RMCO).

·      Member of Internal Compliance Committee (ICC).

·      Member of the Crisis Management Team (CMT).

QUALIFICATIONS

The requirements listed in this description are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions of the job.

Education and Experience

·      Bachelor’s degree in Finance and/or Accounting. Equivalent work experience may be substituted for educational requirements.

·      At least seven years’ experience in a credit union or other financial institution in accounting area. CMA/CPA can substitute 2 years of experience,

·      Five years or more experience at a supervisor/manager level

Preferred Education and Experience

·      Advanced degree in finance or accounting.

Competencies

·      Financial Management

·      Financial Forecasting & Budgeting

·      Performance Management

·      Problem Solving/Analysis

·      Technical Capacity

·      Member Focus & Advocacy

Knowledge and Abilities

·      Excellent verbal and written communication skills.

·      Proven ability to lead, coach, motivate and mentor others.

·      Professional, well-developed interpersonal skills.

·      Excellent member service skills.

·      Strong analytical, problem-solving and decision-making skills.

·      Excellent organizational skills and attention to detail.

·      Ability to work effectively in a fast-paced environment with an ability to multi-task.

·      Excellent time management skills and a proven ability to meet deadlines.

·      Excellent computer skills, particularly Microsoft 365.

·      Advanced mathematical skills

·      Knowledge of generally accepted generally accepted accounting principles (GAAP).

·      Knowledge of operational practices, accounting, management techniques, leadership, technology, project management, and human resource techniques required.

·      Strategic mindset.

·      Proven project management skills.

·      Extensive knowledge of the Credit Union movement preferred.

·      Working knowledge of Federal Credit Union laws, bylaws, and regulations preferred.

Position Requirements

·      Core operating hours of 8:00 a.m. to 5:00 p.m. MT, Monday – Friday. May require occasional travel, sometimes overnight, as well as after-hours functions.

·      Requirement to be bonded. Successful background check including personal credit report and criminal record.

·      Maintain an active community presence via volunteerism, social, trade and credit union organizations, etc.

Physical Requirements

·      While this position is primarily sedentary, while performing the essential duties of the position the employee may be required to stand, sit, walk, stoop, kneel, talk, see, and hear. The nature of this position requires physical mobility and the ability to occasionally lift and/or move a maximum of 50 pounds with assistance. This position may include prolonged periods of time working on a computer and looking at a monitor screen.