Municipal Credit Union
Overview
The Manager, Accounting Operations plays a pivotal role in overseeing the accounting operations and regulatory compliance of the credit union. The Manager, Accounting Operations is responsible for managing accounting operations and regulatory reporting, internal controls, accounts payable, corporate wires, cash management and ensuring adherence to regulatory standards. This position plays a leadership role ensuring a high performing team that is continually maximizing efficiency with a positive impact on the financial health of the credit union while providing excellent service to its stakeholders.
Responsibilities
Oversee the month-end close process, monthly reporting and expense variance analysis, weekly FR 2900 filings, accounts payable, vendor maintenance, corporate wires
Keeping internal financial records, issuing and receiving payments, generating reports, ensuring compliance with laws and regulations, tax returns, funding payroll, assist in planning process as it pertains to non-interest expense, accounts payable systems maintenance, vendor maintenance, monthly book close, maintain policies
Collaborate with cross-functional teams to evaluate the accounting implications of new products and services or other key initiatives and ensure proper documentation is obtain and capital assets are properly classified and recorded.
Oversee creation and maintenance of cash management and daily reporting.
Accounting Operations
Oversee the activities of Accounts Payable, ensuring efficient and accurate processing of the invoices and employee expenses via the credit union’s accounts payable system.
Ensure the credit union’s payment systems for checks and wires are handled securely, in compliance with relevant policies, procedures and regulatory requirements.
Ensure accurate and timely reporting of the credit union’s daily cash reporting and weekly FR 2900 filings.
Internal Controls and Compliance
Establish and maintain internal controls to safeguard assets and ensure compliance with regulatory requirements.
Conduct regular reviews of operational and financial processes and procedures to identify areas for improvement and mitigate risks.
Develop and maintain accounting policies and procedures. Stay abreast of changes in accounting standards and regulatory guidelines, implementing necessary adjustments to ensure compliance.
Audit Management
Supervise and assist in the coordination of financial audits and regulatory examinations, providing documentation and explanations as needed.
Implement recommendations from auditors to enhance internal controls and accounting processes.
Other Responsibilities
Supporting the budgeting/planning process by supervising or preparing various reports and analyses as required.
Serve as a subject matter expert on all accounting software tools used by the Accounting Operations team, as appropriate (ProfitStars, Prologue, Concur, Symitar and related modules)
Review and ensure application of appropriate internal controls, compliance and financial procedures.
Monitor key financial metrics and performance indicators, analyzing trends and identifying areas for improvement or risk mitigation.
Provide all deliverables in accordance with prescribed timelines.
Requirements
Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
7+ years of progressive experience in accounting, with a minimum of 3 years in an accounting leadership position at a similarly sized bank or credit union.
In-depth knowledge of GAAP, regulatory compliance, and financial reporting requirements for banks.
Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
Proven leadership abilities, with experience managing teams and driving results in a collaborative environment.
Exceptional communication and interpersonal skills, with the ability to articulate accounting concepts to diverse audiences and influence decision-making processes.
Strategic mindset and forward-thinking approach, with the ability to anticipate challenges and develop proactive solutions.
Proficiency in financial software and Microsoft Excel; experience with banking systems such as Symitar core banking platforms is a plus.
Demonstrated success in planning, organizing, leading people and activities. Ability to motivate, direct and coach staff.
Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
Technologically proficient.
Leadership Competencies
Proven ability to manage change
Capacity to take calculated risks and innovate
Experience in setting vision and strategy
Lead by example and encourage team in developing adaptability
Successful in communicating effectively
Prioritizes developing others
Thinking that values diversity and difference
Proven ability to build and maintain relationships at all levels of the organization
Skilled at managing effective teams and work groups that default to action, are accountable, and take ownership of work
MCU Values and Expected Competencies
Results: We are passionate about winning.
Agility: We proactively anticipate, respond and pivot to ensure MCU wins.
Integrity: We operate with the highest ethical standards and highest degree of honesty.
Belonging: We cultivate a culture of inclusion and teamwork.
Ownership: We take personal responsibility and hold ourselves accountable for the results.
What we can offer you
Competitive Compensation, Medical And Dental Benefits.
401K with employer match
Flexible paid time off.
We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.
Municipal Credit Union is an Equal Opportunity Employer.
Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Span of Control / Direct Reports Direct Reports: Manages, mentors and develops a team of 3-5 senior and staff accountants.
Position Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Management and Manufacturing
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Responsibilities
Oversee the month-end close process, monthly reporting and expense variance analysis, weekly FR 2900 filings, accounts payable, vendor maintenance, corporate wires
Keeping internal financial records, issuing and receiving payments, generating reports, ensuring compliance with laws and regulations, tax returns, funding payroll, assist in planning process as it pertains to non-interest expense, accounts payable systems maintenance, vendor maintenance, monthly book close, maintain policies
Collaborate with cross-functional teams to evaluate the accounting implications of new products and services or other key initiatives and ensure proper documentation is obtain and capital assets are properly classified and recorded.
Oversee creation and maintenance of cash management and daily reporting.
Accounting Operations
Oversee the activities of Accounts Payable, ensuring efficient and accurate processing of the invoices and employee expenses via the credit union’s accounts payable system.
Ensure the credit union’s payment systems for checks and wires are handled securely, in compliance with relevant policies, procedures and regulatory requirements.
Ensure accurate and timely reporting of the credit union’s daily cash reporting and weekly FR 2900 filings.
Internal Controls and Compliance
Establish and maintain internal controls to safeguard assets and ensure compliance with regulatory requirements.
Conduct regular reviews of operational and financial processes and procedures to identify areas for improvement and mitigate risks.
Develop and maintain accounting policies and procedures. Stay abreast of changes in accounting standards and regulatory guidelines, implementing necessary adjustments to ensure compliance.
Audit Management
Supervise and assist in the coordination of financial audits and regulatory examinations, providing documentation and explanations as needed.
Implement recommendations from auditors to enhance internal controls and accounting processes.
Other Responsibilities
Supporting the budgeting/planning process by supervising or preparing various reports and analyses as required.
Serve as a subject matter expert on all accounting software tools used by the Accounting Operations team, as appropriate (ProfitStars, Prologue, Concur, Symitar and related modules)
Review and ensure application of appropriate internal controls, compliance and financial procedures.
Monitor key financial metrics and performance indicators, analyzing trends and identifying areas for improvement or risk mitigation.
Provide all deliverables in accordance with prescribed timelines.
Requirements
Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
7+ years of progressive experience in accounting, with a minimum of 3 years in an accounting leadership position at a similarly sized bank or credit union.
In-depth knowledge of GAAP, regulatory compliance, and financial reporting requirements for banks.
Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
Proven leadership abilities, with experience managing teams and driving results in a collaborative environment.
Exceptional communication and interpersonal skills, with the ability to articulate accounting concepts to diverse audiences and influence decision-making processes.
Strategic mindset and forward-thinking approach, with the ability to anticipate challenges and develop proactive solutions.
Proficiency in financial software and Microsoft Excel; experience with banking systems such as Symitar core banking platforms is a plus.
Demonstrated success in planning, organizing, leading people and activities. Ability to motivate, direct and coach staff.
Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
Technologically proficient.
Leadership Competencies
Proven ability to manage change
Capacity to take calculated risks and innovate
Experience in setting vision and strategy
Lead by example and encourage team in developing adaptability
Successful in communicating effectively
Prioritizes developing others
Thinking that values diversity and difference
Proven ability to build and maintain relationships at all levels of the organization
Skilled at managing effective teams and work groups that default to action, are accountable, and take ownership of work
MCU Values and Expected Competencies
Results: We are passionate about winning.
Agility: We proactively anticipate, respond and pivot to ensure MCU wins.
Integrity: We operate with the highest ethical standards and highest degree of honesty.
Belonging: We cultivate a culture of inclusion and teamwork.
Ownership: We take personal responsibility and hold ourselves accountable for the results.
What we can offer you
Competitive Compensation, Medical And Dental Benefits.
401K with employer match
Flexible paid time off.
We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.
Municipal Credit Union is an Equal Opportunity Employer.
Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Span of Control / Direct Reports Direct Reports: Manages, mentors and develops a team of 3-5 senior and staff accountants.
Position Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Management and Manufacturing
#J-18808-Ljbffr