Accounting Manager - Warren, United States - Community Choice Credit Union

Description

Job Description

Purpose & Core Values

The primary purpose of any position is to assist Community Choice Credit Union to live out our purpose: we believe in helping our neighbors achieve the life they desire. A key component of this purpose is to provide outstanding service to both internal and external members by living our core values.

Position Summary

The Accounting Manager is responsible for the coaching and development of the Accounting team members while overseeing the operations of the Accounting Department; including adherence to generally accepted accounting principles, practices and regulatory requirements.

Core Competencies

• Core Values:
  1. Committed: We are committed to serving Michigan guided by the principles that underlie the credit union movement of service, integrity, and respect for every human being.
  2. Charitable: We Give Big every day to our membership, our communities, and each other. We are dedicated to supporting Michigan by giving our time and services to the communities we serve.
  3. Credible: We are our Members' trusted financial advisors; each Team Member plays an integral role in the well-being of our Members' financial lives and the success of Community Choice Credit Union.
  4. United: We are a Team. We unite to achieve success, celebrate success, and continually improve the service we provide to our members, our communities, and each other.

Position Competencies

1. Coaching: Develop each employee to their highest potential by identifying areas for improvement and celebrating strengths. Demonstrate enthusiastic support or corporate purpose, core values and long-term objectives and educate team members on our 'why'. Forms trust and relationships by demonstrating concern and respect for others and providing transparent communication. Ensures that team members understand their level of expectation, including what they are responsible to deliver and expected to undertake. Provides mentorship, support, feedback, and holds team member accountable for their responsibilities. Leader observes their team members performance daily. This allows the leader to catch team members doing it right, redirect, and deliver effective confrontations, if applicable. Through performance observations, identify team members willingness and ability. Train or delegate on the job training to team members to ensure they are able to complete tasks. Engages in two-way conversations throughout the year, at minimum on a monthly basis, that ensure an up-to-date understanding of performance expectations, celebration of performance, performance gaps, and actions required to close any gaps. Allows others to find their way, yet helps when needed. Uses coaching resources and data to develop specific performance actions for team members, ie. additional responsibilities/authority, project initiatives, development plans and responsibility restrictions.
2. Decision Making : Gathers enough information to allow a trustworthy assessment of risks and benefits of alternative approaches in any decision. Stays focused on objectives and considers both the short-term and longer-term impact of decisions and keeps objectives in mind throughout the process. Collaborates and communicates with key stakeholders who are necessary to involve in the overall decision making process.
3. Drive forResults/Improvement : Develops challenging objectives (stretch goals) and accepts personal responsibility or if applicable, holds others accountable for achieving them. Puts priorities on resources, inspires performance and measures outcome. Continues to manage the objectives until result is accomplished. Communicates with others and motivates to achieve results. Demonstrates a strong sense of urgency about achieving goals; high energy, passion, and speed for competitive advantage. Is diligent, sees it through, and gets it done. Gains feedback for self and others after results are accomplished to ensure continuous improvement and celebrates wins.
4. Role Mastery of Essential Duties: Able to perform essential duties as outlined in job description. Contributes productivity and value within role. Is willing to learn and improve performance.

• Manages the Accounting department operational functions. Carries out management responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising work; rewards and disciplining employees; addressing complaints and resolving problems.
• Manage the Payments team operational functions including ACH receipt and origination, domestic and international wires, and EFT transactions including the oversight of policies, procedures, evaluation of risk, and ensuring compliance.
• Provide communication, effective training, coaching and mentoring techniques to all team members to promote engagement, and to ensure individual goals and growth targets of the credit union are met.
• Oversee and coordinate month end processes to ensure the accuracy of calculations and posting of accruals, prepaid expenses, depreciation, and other items required to provide an accurate presentation of monthly and annual financial reports.
• Analyze financial information detailing assets, liabilities and capital and oversees preparation of balance sheet, profit and loss statement, and other reports to summarize current credit union financial condition.
• Support the annual budget preparation through stakeholder discussions; inputting data and forecasting costs in Budget Software to ensure proper calculation of expenditures, income, shares, and loans for multiple business units.
• Review and approval of all GL reconciliations monthly, quarterly, as required; utilizing FloQast or other tools employed for this purpose.
• Work with internal auditors, external auditors, and examiners, to coordinate preparation of necessary documentation and responses to inquiries.
• Oversee regulatory reporting including Escheats, quarterly Call Report, annual IRS Forms 945, 1099/1098, 990 and required IRA reporting.
• Assists in preparing, submitting, and implementing department's portion of the strategic plan for the credit union.
• Participation in project implementation providing accounting and operational insights, and direction to ensure projects are completed efficiently and effectively.
• Implementation and focus on process improvements/efficiencies and innovations.

Job 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 necessary for this position.

Remote Work Eligibility

Position conditionally eligible for Hybrid Work Arrangement

Reasonable Accommodations

The physical and mental demands are representative of those that must be met by an employee to successfully perform the essential functions of their job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job requirements, physical demands and do so within our work environment.

Education

Bachelor's Degree minimum – Accounting or Finance Required

AAP desirable, but not required

Experience

Five to ten years of managerial experience in a financial institution, credit union preferred

Skills & Abilities

• Thorough knowledge of financial industry including related laws and regulations
• Thorough understanding of financial and accounting policies and practices.
• Knowledge of check processing in a financial institution.
• Solid leadership and interpersonal skills including the ability to coordinate, manage and direct others.
• Demonstrated achievements in process improvements and efficiencies
• Strong organizational and analytical skills
• Excellent communication skills.
• Strong knowledge of Excel

Mental Demands

The team member must be able to read and interpret documents or instruments, understand and/or follow complex written and oral instructions, make decisions, recall multiple policies or procedures, resolve problems or unique circumstances in a timely and efficient manner, be able to express oneself clearly and/or concisely, perform mathematical functions, and handle multiple, concurrent tasks.

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.

While performing the duties of this Job, the employee is regularly required to talk or hear. The employee is frequently required to sit and use hands to finger, handle, or feel. The employee is occasionally required to stand; walk; reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment

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.

General Statement

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.