What are the responsibilities and job description for the Director of Accounting position at Indiana Members Credit Union?
Summary/objective
The Director of Accounting reports to the Controller. The Accounting Department is responsible for providing accurate, relevant, and timely information to end users across the organization to achieve data-driven decisions and high levels of financial performance.
Essential functions
This position requires an employee to be onsite. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
- Oversee, in coordination with Controller, accurate and efficient accounting operations, internal controls and financial reporting.
- Supervise accounting for transactions involving mortgage portfolio, investor mortgage activity, and mortgage servicing rights.
- Assist Controller in implementing new accounting standards, regulatory changes impacting accounting and finance, and ongoing process improvements with an emphasis on opportunities for automation.
- Prepare variance-related financial reports and analyses to key stakeholders with a high degree of accuracy.
- Monitor and reconcile assigned general ledgers to ensure accuracy.
- Assist other departments as needed to accomplish projects and understand the impact on the financial statements.
- Coordinate and assist the roll out of new products and services, from an accounting perspective, including the impact on financial statements and accounting and finance functions.
- Develop and maintain working knowledge of all accounting tasks to supervise, coach and provide cross-functional support.
- Maintain strong knowledge of IMCU’s products and services.
- Build trust throughout IMCU by collaborating with accounting and finance teams and being personally responsible to provide accurate, relevant, and timely financial information.
- Continue to develop knowledge of industry practices and products.
- Participate in appropriate learning opportunities to grow expertise.
- Prioritize tasks and departmental projects to ensure initiatives are completed efficiently and effectively.
- Work with CFO, Controller and Human Resources staff to administer certain employee benefit plans.
Required education and experience
- Bachelor’s degree in accounting or finance from an accredited college or university.
- Three years of experience in accounting, preferably in a banking or credit union environment.
- Proficiency with complex spreadsheets and basic understanding of SQL.
- Thorough knowledge of financial institution accounting concepts, practices, and financial reports.
- Strong leadership, communication and interpersonal skills.
Other duties
Please note this job description is not a comprehensive listing of the activities, duties, or responsibilities of this job, and they may change at any time with or without notice.
