Ukrainian Federal Credit Union
Summary
The primary function of this position is to assist The Ukrainian Credit Union to live out its mission, "To help our members achieve financial success by providing them with the highest level of personalized service." One of the primary means to achieve this end is to develop a highly effective team of employees and develop each employee to their highest potential through coaching and leadership. Responsible for ensuring that outstanding service is delivered to both internal and external members. A key component of this service is to identify the financial needs of the member and recommend an appropriate credit union solution. In addition direct accounting, record keeping, auditing and IT activities of the credit union. Coordinate preparation of financial statements and reports, budgets and forecasts, make recommendations relating to operational changes as needed.
Duties and Responsibilities Deliver outstanding service to internal and external members in alignment with the credit union’s Service Promises.
Ø Treat you with respect.
Ø Take responsibility for your requests
Ø Make it easy to work with us
Ø Give you a fast response or resolution to your request.
Ø Provide you with accurate information.
Ø Proactively tailor solutions to fully meet your needs.
Develop each employee to their highest potential by identifying their areas for improvement and appropriately coaching, training or correcting the employees’ performance.
Recognize employees who perform at a high level.
Hold employees accountable for their performance, attitude and behavior.
Meet with each employee periodically to review performance, set goals and develop plans to improve employee’s performance.
Demonstrate enthusiastic support of corporate mission, core values and long term objectives.
Performs job duties within our bylaws, regulations, Board of Directors policies, established internal and external service standards and our work procedures.
Train, supervise and coach Accounting staff. Assign, direct, coordinate and review work performed by staff.
Maintains a highly motivated, well-trained staff maintaining effective employee relations.
Oversee the financial functions of the credit union.
Manage accounting/bookkeeping department and oversee and direct treasury, budgeting, purchasing, liquidity, ALM and insurance activities.
Prepare timely financial reports, ensure complete and accurate financial, statistical and accounting records of the credit union.
Coordinate activities of Asset‑Liability Committee, prepare and review ALCO reports.
Recommend new accounting department hires as well as train, direct and evaluate employee performance within the department.
Direct the credit union’s investment activities as custodian of funds, securities including subordinated debt and assets of the organization as well as promotes the credit union in financial markets to assure sources of capital.
Execute and document investment purchases.
Provide safekeeping, control and accounting for assets and securities including subordinated debt.
Prepare budget and evaluate capital plans and monitor disbursements and expenditures of money or capital assets.
Analyze department budgets and operating budget.
Create and review operational procedures to obtain optimum efficiency and reduced costs.
Implement and review interest rate risk and liquidity risk management initiatives.
Work with auditors/examiners/regulators on internal and year‑end all comprehensive audits and examinations.
Review and recommend changes to ALCO and Investment policies and procedures to ensure regulatory and policy compliance.
Oversee preparation of monthly participation remittance reports for sold and purchased loans.
Periodically with CEO monitor and adjust certificate of deposit, money market, and high dividend checking rates as required.
Monitor bi‑weekly submission of backup withholding (T4X) related payments to state and federal agencies. Prepare in coordination with CEO and CLO on at least a quarterly basis – more frequent as needed the CECL (Current Expected Credit Loss) calculation and additions/subtractions to provision for loan loss as required.
Perform other related duties as assigned.
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education/Experience CPA; BS in Accounting; MBA Preferred, four to six years related experience and/or training; or equivalent combination of education and experience.
Language Ability Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format.
Math Ability Ability to work with mathematical concepts such as probability and statistical inference, intermediate and advanced financial math. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Reasoning Ability Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Prudent judgment, deductive reasoning.
Computer Skills To perform this job successfully, an individual should have knowledge of word processing software; spreadsheet software; accounting software; payroll systems and internet software.
Supervisory Responsibilities Directly supervises three employees in the Accounting Department. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Special Skills Proficiency in English and Ukrainian
Work Environment Characteristics The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, depth perception and ability to adjust focus. While performing the duties of this job, the employee is regularly required to sit; use hands and talk or hear. The employee is frequently required to stand; walk; reach with hands and arms and stoop, kneel, crouch, or crawl. The employee is occasionally required to climb or balance.
Seniority Level Executive
Employment Type Full-time
Job Function Finance and Sales
Industry Banking
Location Rochester, NY
Salary $120,000 – $150,000
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Duties and Responsibilities Deliver outstanding service to internal and external members in alignment with the credit union’s Service Promises.
Ø Treat you with respect.
Ø Take responsibility for your requests
Ø Make it easy to work with us
Ø Give you a fast response or resolution to your request.
Ø Provide you with accurate information.
Ø Proactively tailor solutions to fully meet your needs.
Develop each employee to their highest potential by identifying their areas for improvement and appropriately coaching, training or correcting the employees’ performance.
Recognize employees who perform at a high level.
Hold employees accountable for their performance, attitude and behavior.
Meet with each employee periodically to review performance, set goals and develop plans to improve employee’s performance.
Demonstrate enthusiastic support of corporate mission, core values and long term objectives.
Performs job duties within our bylaws, regulations, Board of Directors policies, established internal and external service standards and our work procedures.
Train, supervise and coach Accounting staff. Assign, direct, coordinate and review work performed by staff.
Maintains a highly motivated, well-trained staff maintaining effective employee relations.
Oversee the financial functions of the credit union.
Manage accounting/bookkeeping department and oversee and direct treasury, budgeting, purchasing, liquidity, ALM and insurance activities.
Prepare timely financial reports, ensure complete and accurate financial, statistical and accounting records of the credit union.
Coordinate activities of Asset‑Liability Committee, prepare and review ALCO reports.
Recommend new accounting department hires as well as train, direct and evaluate employee performance within the department.
Direct the credit union’s investment activities as custodian of funds, securities including subordinated debt and assets of the organization as well as promotes the credit union in financial markets to assure sources of capital.
Execute and document investment purchases.
Provide safekeeping, control and accounting for assets and securities including subordinated debt.
Prepare budget and evaluate capital plans and monitor disbursements and expenditures of money or capital assets.
Analyze department budgets and operating budget.
Create and review operational procedures to obtain optimum efficiency and reduced costs.
Implement and review interest rate risk and liquidity risk management initiatives.
Work with auditors/examiners/regulators on internal and year‑end all comprehensive audits and examinations.
Review and recommend changes to ALCO and Investment policies and procedures to ensure regulatory and policy compliance.
Oversee preparation of monthly participation remittance reports for sold and purchased loans.
Periodically with CEO monitor and adjust certificate of deposit, money market, and high dividend checking rates as required.
Monitor bi‑weekly submission of backup withholding (T4X) related payments to state and federal agencies. Prepare in coordination with CEO and CLO on at least a quarterly basis – more frequent as needed the CECL (Current Expected Credit Loss) calculation and additions/subtractions to provision for loan loss as required.
Perform other related duties as assigned.
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education/Experience CPA; BS in Accounting; MBA Preferred, four to six years related experience and/or training; or equivalent combination of education and experience.
Language Ability Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format.
Math Ability Ability to work with mathematical concepts such as probability and statistical inference, intermediate and advanced financial math. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Reasoning Ability Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Prudent judgment, deductive reasoning.
Computer Skills To perform this job successfully, an individual should have knowledge of word processing software; spreadsheet software; accounting software; payroll systems and internet software.
Supervisory Responsibilities Directly supervises three employees in the Accounting Department. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Special Skills Proficiency in English and Ukrainian
Work Environment Characteristics The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, depth perception and ability to adjust focus. While performing the duties of this job, the employee is regularly required to sit; use hands and talk or hear. The employee is frequently required to stand; walk; reach with hands and arms and stoop, kneel, crouch, or crawl. The employee is occasionally required to climb or balance.
Seniority Level Executive
Employment Type Full-time
Job Function Finance and Sales
Industry Banking
Location Rochester, NY
Salary $120,000 – $150,000
#J-18808-Ljbffr