Accounting Manager Job at Michigan State University Federal Credit Union in East

Description The Accounting Manager is responsible for the supervision and control of general accounting functions and for the recruitment and development of Accounting personnel. This individual ensures that data, records, and reports maintained by the department are current and accurate, and reported results comply with generally accepted accounting principles (GAAP). Additionally, this individual ensures adequate internal controls and due diligence procedures are in place and assists in the preparation of the Credit Union's consolidated financial statements. Work Location - This position is an onsite or hybrid working arrangement, reporting to the East Lansing Headquarters 2-3 days per week. Schedule - Monday-Friday 8:30am-5:00pm Eastern Standard Time An offer of employment with MSU Federal Credit Union and affiliates is contingent upon the agreed work arrangement (onsite/hybrid/remote) and work location. MSU Federal Credit Union may or may not be able to accommodate temporary or permanent changes to work arrangements or allow employment outside the city and/or state of residency in which the new hire resides at the time of offered employment. Compensation & Benefits: 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays 401(k) with an immediate 2:1 Match Tuition Reimbursement Up to 12 Weeks of Paid Parental Leave Essential Duties and Responsibilities Accounting Manager: Responsible for managing the daily activities of the Accounting Department. These activities include preparation of financial statements, internal controls and due diligence of Credit Union transactions; Accounts Payable, Employee Reimbursements, Fixed Assets, Prepaids and Accruals, GL account balancing, transaction settlement, general ledger reconciliation, and other accounting projects and systems. Leads Accounting employees to provide superior service while assisting members and employees to achieve financial security, their goals, and ultimately, their dreams. Directs and assists Accounting employees with operational issues (procedural questions, exception handling, etc.) and communicates any operational issues with the appropriate area. Coordinates and assists in ongoing training and cross training of department personnel to ensure that staff members are achieving their individual goals and department goals. This includes regular coaching sessions, career development plans, and salary/promotion recommendations for each employee. Reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records. Ensures that financial transactions are posted, and general ledger reconciliations are completed in a timely manner. Responsible for review of general ledger reconciliations and timely resolution of outstanding items. Supports and reviews the preparation and review of the monthly financial and statistical reports. Supports and reviews the preparation and review of the quarterly Call Report, and other pertinent regulatory reporting. Evaluates the impact of proposed accounting rule changes and makes recommendations for implementation. Communicates the impact of changes to other departments as needed. Monitors operating expenses for reasonableness and notifies the appropriate department of significant invoice issues or late payments. Resolves complex accounting issues and assists other areas in resolving accounting questions. Assists internal auditors, independent auditors and examiners regarding policies, procedures, questions and records as they may pertain to the performance of their annual audit and/or examination and ongoing review of operations. Participates in the development of accounting policies and administers approved accounting procedures. Monitors and eva