Accounting Manager

Description

Status: Exempt

Location: Cerritos

Reports To: Chief Financial Officer (CFO)

Level: Management

Pay Range: $89,730 - $112,163 annually, depending on qualifications and experience

Job Summary:

The Accounting Manager is responsible for directing the operations of the Accounting Department; develop and maintain reliable accounting information and reporting on income, expenses, assets, liabilities, and capital for management planning and decision making and for fulfillment of financial reporting requirements. Prepare accurate financial statements and other monthly reports. Reconcile GL and bank accounts; ensure that reports, accounts, systems, policies and practices adhere to generally accepted accounting principles (GAAP). Assist with development and implementation of policies and procedures for the   Accounting Department.

Essential Job Functions:

• Responsible for general accounting functions to support accurate and timely accounting month-end close. This includes reviewing transactional sources and verification of system interfaces where applicable to ensure data integrity.
• Manage accounting functions to include AP, AR, cash flow, cost management, GL, and Credit Union taxes.
• Assists in annual budget preparation.
• Prepares and/ or review monthly reports including, but not limited to, financial statements and income/ expense tracking report, delinquency reports and real estate loan reports, etc.
• Prepares quarterly NCUA call reports (5300) and other routine external financial reporting such as the quarterly FHLB certification.
• Reconcile revenue reports, unbilled variances, special projects, and expense disbursements.
• Identifies and implements various process improvement opportunities to increase efficiencies.
• Ensure all general ledger reconciliation are completed and reviewed timely.
• Responsible for analysis of financial accounts and preparation of journal entries. 
• Prepare monthly Current Expected Credit Losses (CECL) calculation. 
• Review all daily journal entries posted by Credit Union employees that are maintained in a system database.
• Ensure that all activities of the department are in accordance with GAAP and that the accounting records maintained are accurate and in compliance with laws and regulations.
• Assist on training accounting staff on technically as well as procedurally.
• Provide regular reports to Senior Management of all accounting activities for the Credit Union’s accounting department.
• Conduct special accounting studies, analyses, and special projects as requested by CFO.
• Assists the department in internal, external, and regulatory audits.
• Responsible for escheatment process in accordance with state unclaimed property laws. 
• All other duties as assigned by the CFO.

Requirements

To perform this job successfully, an individual must be able to perform each essential job function 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.

Knowledge, Skills, and Abilities:

• Minimum of an Associate degree in Business Administration, a related field, or equivalent experience.
• Must be willing to work in excess of 40 hours per week and on weekends as needed. Must be capable of regular, reliable, and timely attendance.
• Requires a well-rounded knowledge of Credit Union accounting operations and transactions as would normally be obtained by four or more years of experience in a responsible accounting position in a related financial institution.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of management, members, vendors, and the general public.
• Demonstrated ability to provide meticulous attention to detail and concern for accuracy and consistency in results.
• Effective listening, communication (verbal and written), organization, and decision-making skills.
• Ability to work independently or within a team to accomplish goals and objectives.
• Must be capable of regular, reliable, and timely attendance.
• Must be bondable.
• Must comply with all Bank Secrecy Act (BSA) and other Anti-Money Laundering (AML) Laws and Regulations, as they pertain to federal guidelines and internal policies and procedures.
• Must complete compliance training to ensure adherence to legal and regulatory requirements, including security awareness and BSA training.

Physical Demands and Work Environment:

The physical demands described here are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 30 lbs. Must be capable of climbing/descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals, keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on a computer for an average of 6-8 hours per day. Must be able to work extended hours or travel off site whenever required or requested by management.  Must be capable of regular, reliable, and timely attendance. The employee is frequently required to talk or hear, walk, reach with hands and arms; and stoop, or kneel. Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and ability to adjust focus. 

Working Conditions:

Must be able to routinely perform work indoors in climate-controlled shared work area with moderate noise.

Mental and/or Emotional Requirements:

The employee must be able to perform job functions with supervision and work effectively either on their own or as part of a team. Must be able to read and conduct various instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be able to perform mathematical calculations with extreme accuracy. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of member service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines/requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively manage multiple, simultaneous, and changing priorities. Must be capable of exercising the highest level of discretion on confidential matters.