Municipal Credit Union
Manager, Accounting Operations Job at Municipal Credit Union in New York
Municipal Credit Union, New York, NY, United States
About MCU:
At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 500,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.
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:
Specific duties include, but are not limited to, the following:
Why you'll be a good fit:
Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you'll bring the following:
Results - You'll look to achieve the best outcomes for our members. Continuously track and measure everything, and use it to always improve. Be proactive, not reactive.
Agility - You'll remain agile in your decision making, planning, and delivery; using curiosity and creativity to see situations from all perspectives.
Integrity - You'll act professionally and positively. Build trust, be upfront and communicate thoroughly.
Teamwork - You'll work to achieve common goals as part of ONE TEAM.
Ownership - You'll hold yourself and others accountable and remain committed to our obligations while caring about the outcomes as much as an owner would.
Belonging - You'll embrace and environment in which any individual or group can be and feel welcomed, respected, supported and valued.
We stand by our mission to connect our members and communities with an exceptional financial future and we are looking for individuals who share this same purpose to take this journey with us.
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 (MCU) 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.
Salary: $123,000 to $133,00 Annually
At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 500,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.
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:
Specific duties include, but are not limited to, the following:
- 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.
- 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.
- 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.
- 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.
- 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.
- Perform other related duties as requested and special projects as assigned
- 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.
- 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
Why you'll be a good fit:
Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you'll bring the following:
Results - You'll look to achieve the best outcomes for our members. Continuously track and measure everything, and use it to always improve. Be proactive, not reactive.
Agility - You'll remain agile in your decision making, planning, and delivery; using curiosity and creativity to see situations from all perspectives.
Integrity - You'll act professionally and positively. Build trust, be upfront and communicate thoroughly.
Teamwork - You'll work to achieve common goals as part of ONE TEAM.
Ownership - You'll hold yourself and others accountable and remain committed to our obligations while caring about the outcomes as much as an owner would.
Belonging - You'll embrace and environment in which any individual or group can be and feel welcomed, respected, supported and valued.
We stand by our mission to connect our members and communities with an exceptional financial future and we are looking for individuals who share this same purpose to take this journey with us.
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 (MCU) 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.
Salary: $123,000 to $133,00 Annually