- Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
- Oversee and ensure an accurate and timely monthly close.
- Preparation of monthly Board of Directors financial reports.
- Oversee the filing of the quarterly NCUA Call Report, including the preparation of related schedules.
- Assists the Controller with reviewing FASB standards and updates and implementing required changes.
- Prepares the Allowance for Credit Loss calculation for Management's review.
- Oversee the investment portfolio management.
- Coordinates external financial reporting audit engagements.
- Provide mentoring, coaching, and training to department staff. Reviews and audits work of department staff.
- Oversee accurate and timely reporting of all financial information. Oversees the maintenance of department records.
- Supports budget and forecasting activities.
- Monitors and analyzes department work to develop more efficient procedures and use of resources.
- Collaborates with other Credit Union personnel to support institution objectives
- Oversees OREO accounting and Accounting for Loan Modifications.
- Review IRS TIN notices, prepare responses, and oversee the correction of related items.
- Achieves a minimum of "Satisfactory" rating on internal audits and examinations
- Accomplishes the credit union's mission by completing relevant duties as needed when requested by management or other staff members
- Knowledge of Generally Accepted Accounting Principles (GAAP) and Practices
- Demonstrated computer and software skills
- Skill with independent problem-solving
- Ability to communicate and relate accounting procedures to non-accounting staff
- Ability to handle multiple deadlines
- Ability to express oneself clearly and articulately both orally and in writing
- Ability to exercise tact and responsibility with handling confidential information
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Accounting Manager - Medford, United States - Suffolk Credit Union
Description
Join our Finance-Accounting team as the Accounting Manager and start empowering your possible
As a leader in the industry, Suffolk Credit Union offers superior value, unique products and personal service so our members have access to the best banking solutions around. And, just as we value our members, we value our employees
The Accounting Manager assists the controller by ensuring compliance with general accounting principles and adherence to governing rules and regulations by compiling and analyzing data, and timely and accurate reporting.
Responsibilities:
Qualified candidates will have a Bachelors Degree in Accounting, Master's Degree preferred. Three (3) years+ experience in accounting in a managerial capacity required, financial industry experience preferred.
Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.
The compensation range provided is in compliance with state specific laws. Factors that may be used to determine your actual rate of pay include your specific skills, years of experience, and other qualifications.