Keenbee Talent Soluitions
Controller
Keenbee Talent Soluitions, Albuquerque, New Mexico, United States, 87199
Summary
The AVP of Accounting works closely with the Chief Financial Officer (CFO) and is responsible for ensuring that the Accounting Department runs smoothly and efficiently by establishing and maintaining the fiscal record keeping system by utilizing generally accepted accounting principles, adhering to tax laws and regulatory compliance to properly reflect the financial position of the Credit Union, and ensuring department activities run smoothly and efficiently. Create an environment and culture to make members dreams come true.
Essential Duties and Responsibilities
include the following. Other duties may be assigned. This job description in no way implies that the duties listed here are the only ones that the employee can be required to perform. The employee is expected to perform other tasks, duties and trainings as dictated by their manager.
Accounting Department Management
Oversee the Accounting Department through the Accounting Manager along with other areas of responsibility by establishing and maintaining the fiscal record keeping system by utilizing generally accepted accounting principles, adhering to tax laws and regulatory compliance to properly reflect the financial position of the Credit Union.
GAAP adherence and compliance.
Oversee the preparation of financial reports timely and accurately.
Prepare Monthly Board/ALCO Package requirements pertaining to Finance.
Oversees the review of monthly expenses to assure proper General Ledger and Budget classification.
Lead the Branch Accounting vision.
Performs Profitability Modeling
Department, LOBs, and Systems.
Manage the preparation, review, presentation, and tracking of the budgeting process.
Identifies variance between the accepted annual budget and actual performance.
Periodic review of financials for accuracy and variances.
Manage cash, liquidity, and interest rate risk assumptions.
Oversee financial audits and regulatory exams.
Oversee the CUs reserve accounts like ALLL/ CECL and Claims.
Keeps up to date on Laws, Regulations, Policies, GAAP, Regulatory Handbooks, SOPs that effect position and Department.
Oversees, gathers, and calculates data associated with the preparation of various routine and special financial statements and reports; reviews documentation for accuracy and completeness; highlights critical areas of the documentation for managements review; and presents and explains reports and documentation to Senior Management.
Assists in preparation of annual budget projections based on input from executives; reviews expenditures to ensure compliance with budgets; and notifies appropriate executive(s) in the event expenditures exceed budgets.
Responds to inquiries or refers inquiries to the appropriate department or person and exhibits the necessary follow through with customers and/or staff involved. Provides supervision and support to all areas of the department where service or assistance is needed; oversees activities of assigned department personnel.
Assists other branch and department offices in resolving accounting inquiries and providing staff support and participates in various internal committees assigned by Senior Management.
Assist CFO with Strategic Planning, Implementation, and Measurement.
Assist CFO with Investment pre- and after-purchase analysis.
May perform managerial duties in the absence of the Chief Financial Officer and is expected to provide leadership, training, and guidance to less experienced staff members.
Provides indirect supervision and oversight to the following accounting functions, including, but not limited to:
Accounts Payable/Receivable.
Development and implementation of systems and procedures to maintain proper financial records.
General Ledger Accounts
Investment Accounting and Analysis
Asset/Liability Management assumptions
Company Credit Card
Consistently applies superior decision making techniques pertaining to inquiries, approvals, and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
Assumes responsibility for special projects, and gathers data and prepares reports for Senior Management, audits, and other personnel.
Develops, implements, and monitors accounting policies, processes, practices and internal controls; establishes and maintains accounting, and fiscal controls and the preparation and interpretation of internal and external financial reports; conducts business line and department profitability analysis; and, assists in the calculation and methodology of the Credit Unions allowance for loan and lease losses (ALLL) and current expected credit losses (CECL).
Preparation of all regulatory filings including quarterly Call Reports, which includes preparing reports and processes and providing direction for accounting staff to assist with preparing assigned schedules. Tax filings, in addition to other reports for other regulatory agencies.
Assists the Chief Financial Officer in implementing cost controls for the department and monitors expenses to ensure compliance with budget.
Create and present Ad Hoc reports.
Manage positive peer/colleague relationships.
Monitors staff in daily tasks, operations, and quality control, and ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results.
Assures compliance with all Credit Union policies, procedures and processes, and all applicable state and federal Credit Union laws, rules, and regulations, and adheres to Bank Secrecy Act (BSA) responsibilities that are specific to the position.
Executive Management
Work with Senior Management to develop, implement, and manage department strategic plans, budget and policies in relation to the overall goals
Correct and minimize findings from various internal and external audits and exams to maintain high compliance standards
Develop, implement, and manage department process improvements, service level standards, projects, risk assessments and departmental goals consistent with overall Credit Union strategic initiatives
Act as a primary liaison with third party vendors and assist with vendor management, including but not limited to, collecting due diligence, negotiating contracts and monitoring vendor performance and costs
Compile and report department metrics for Senior Management
Oversee service level reporting, procedures, facility maintenance, and security for branches and branch support
Supervisory
Responsible for the direct supervision, hiring, training, development, timecard, performance reviews, huddles, and one-on-one coaching meetings of department staff.
Mentor, coach and train employees in a psychological safe environment
Monitor and analyze staff performance including, quality of service, transaction volume, errors, and member wait time. Uses this information to make appropriate staffing and service recommendations.
Review and recommend process changes to increase efficiency and better serve the member
Participate in community and outreach/events
Act as a back up to staff when needed
The AVP of Accounting works closely with the Chief Financial Officer (CFO) and is responsible for ensuring that the Accounting Department runs smoothly and efficiently by establishing and maintaining the fiscal record keeping system by utilizing generally accepted accounting principles, adhering to tax laws and regulatory compliance to properly reflect the financial position of the Credit Union, and ensuring department activities run smoothly and efficiently. Create an environment and culture to make members dreams come true.
Essential Duties and Responsibilities
include the following. Other duties may be assigned. This job description in no way implies that the duties listed here are the only ones that the employee can be required to perform. The employee is expected to perform other tasks, duties and trainings as dictated by their manager.
Accounting Department Management
Oversee the Accounting Department through the Accounting Manager along with other areas of responsibility by establishing and maintaining the fiscal record keeping system by utilizing generally accepted accounting principles, adhering to tax laws and regulatory compliance to properly reflect the financial position of the Credit Union.
GAAP adherence and compliance.
Oversee the preparation of financial reports timely and accurately.
Prepare Monthly Board/ALCO Package requirements pertaining to Finance.
Oversees the review of monthly expenses to assure proper General Ledger and Budget classification.
Lead the Branch Accounting vision.
Performs Profitability Modeling
Department, LOBs, and Systems.
Manage the preparation, review, presentation, and tracking of the budgeting process.
Identifies variance between the accepted annual budget and actual performance.
Periodic review of financials for accuracy and variances.
Manage cash, liquidity, and interest rate risk assumptions.
Oversee financial audits and regulatory exams.
Oversee the CUs reserve accounts like ALLL/ CECL and Claims.
Keeps up to date on Laws, Regulations, Policies, GAAP, Regulatory Handbooks, SOPs that effect position and Department.
Oversees, gathers, and calculates data associated with the preparation of various routine and special financial statements and reports; reviews documentation for accuracy and completeness; highlights critical areas of the documentation for managements review; and presents and explains reports and documentation to Senior Management.
Assists in preparation of annual budget projections based on input from executives; reviews expenditures to ensure compliance with budgets; and notifies appropriate executive(s) in the event expenditures exceed budgets.
Responds to inquiries or refers inquiries to the appropriate department or person and exhibits the necessary follow through with customers and/or staff involved. Provides supervision and support to all areas of the department where service or assistance is needed; oversees activities of assigned department personnel.
Assists other branch and department offices in resolving accounting inquiries and providing staff support and participates in various internal committees assigned by Senior Management.
Assist CFO with Strategic Planning, Implementation, and Measurement.
Assist CFO with Investment pre- and after-purchase analysis.
May perform managerial duties in the absence of the Chief Financial Officer and is expected to provide leadership, training, and guidance to less experienced staff members.
Provides indirect supervision and oversight to the following accounting functions, including, but not limited to:
Accounts Payable/Receivable.
Development and implementation of systems and procedures to maintain proper financial records.
General Ledger Accounts
Investment Accounting and Analysis
Asset/Liability Management assumptions
Company Credit Card
Consistently applies superior decision making techniques pertaining to inquiries, approvals, and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
Assumes responsibility for special projects, and gathers data and prepares reports for Senior Management, audits, and other personnel.
Develops, implements, and monitors accounting policies, processes, practices and internal controls; establishes and maintains accounting, and fiscal controls and the preparation and interpretation of internal and external financial reports; conducts business line and department profitability analysis; and, assists in the calculation and methodology of the Credit Unions allowance for loan and lease losses (ALLL) and current expected credit losses (CECL).
Preparation of all regulatory filings including quarterly Call Reports, which includes preparing reports and processes and providing direction for accounting staff to assist with preparing assigned schedules. Tax filings, in addition to other reports for other regulatory agencies.
Assists the Chief Financial Officer in implementing cost controls for the department and monitors expenses to ensure compliance with budget.
Create and present Ad Hoc reports.
Manage positive peer/colleague relationships.
Monitors staff in daily tasks, operations, and quality control, and ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results.
Assures compliance with all Credit Union policies, procedures and processes, and all applicable state and federal Credit Union laws, rules, and regulations, and adheres to Bank Secrecy Act (BSA) responsibilities that are specific to the position.
Executive Management
Work with Senior Management to develop, implement, and manage department strategic plans, budget and policies in relation to the overall goals
Correct and minimize findings from various internal and external audits and exams to maintain high compliance standards
Develop, implement, and manage department process improvements, service level standards, projects, risk assessments and departmental goals consistent with overall Credit Union strategic initiatives
Act as a primary liaison with third party vendors and assist with vendor management, including but not limited to, collecting due diligence, negotiating contracts and monitoring vendor performance and costs
Compile and report department metrics for Senior Management
Oversee service level reporting, procedures, facility maintenance, and security for branches and branch support
Supervisory
Responsible for the direct supervision, hiring, training, development, timecard, performance reviews, huddles, and one-on-one coaching meetings of department staff.
Mentor, coach and train employees in a psychological safe environment
Monitor and analyze staff performance including, quality of service, transaction volume, errors, and member wait time. Uses this information to make appropriate staffing and service recommendations.
Review and recommend process changes to increase efficiency and better serve the member
Participate in community and outreach/events
Act as a back up to staff when needed