Director Of Accounting

SUMMARY: Under the general direction of the Chief Financial Officer (CFO), oversees the operations of the accounting department.

ESSENTIAL FUNCTIONS:

• Oversees the preparation of monthly financial statements, annual financial reports and other reports and requests for information.
• Maintains efficient, accurate and timely accounting, recordkeeping, and reporting systems in accordance with Generally Accepted Accounting Principles (GAAP) and regulatory rules and regulations.
• Analyzes, develops and recommends fully GAAP compliant accrual balances and adjustments monthly.
• Monitors cash and investment accounts daily.
• Establishes and monitors internal controls and guidelines for accounting transactions.
• Reviews and reconciles general ledger activity and supporting financial reports.
• Prepares special reports for management and regulatory agencies.
• Analyzes and approves weekly and monthly reconciliations of the correspondent bank accounts.
• Manages investment purchases accounting and prepares reconciliations.
• Prepares quarterly Call Report.
• Prepares annual IRS 990 report.
• Manages and supports correspondent bank and regulatory agency reporting and compliance commitments.
• Prepares monthly financial statements and other required financial statements.
• Coordinates with outside auditors and provides needed information.
• Promotes all aspects of any department project and allocates financial and talent resources appropriately.
• Other duties as may be assigned.

SECONDARY FUNCTIONS:

• Assists with Accounts Payable.
• Assists with wire transfers.
• Expands skillset and knowledge in other areas of the CFO’s responsibility to take on more complex challenges in the future.

QUALIFICATIONS:

• Education Required: Bachelor’s degree in accounting or related field.
• Education Preferred: Certified Public Accountant (CPA) license.
• Experience Required: Five (5) years of experience in an Accountant role and five (5) years of experience managing an accounting department.
• Experience Preferred: Five (5) years of experience managing an accounting department in a financial institution.
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SUPERVISORY RESPONSIBILITIES:

• Responsible for overseeing employees’ performance, identifying development areas, addressing employee relations issues, and providing direction, support, training, and regular coaching.
• Responsible for communicating organizational needs and updates.
• Supervises: Senior Accountant and Accounting Specialists.

TRAVEL: N/A

The base pay for this position is $108,816.36 to $181,360.60 per hour. This position is eligible to participate in a management bonus program. In specific locations, the pay range may vary from the range posted. Click the link below to learn more about our benefits.

https://www.alecu.org/membership/about/employee-benefits