Apply on Employer Site

Foothill Credit Union · 1 hour ago

Director of Accounting

Arcadia, CA

Full-time

Onsite

Senior Level, Lead/Staff

$135K/yr - $150K/yr

Foothill Credit Union is a community-focused financial institution dedicated to improving the financial health of its members. The Director of Accounting will lead the financial reporting, oversee compliance with accounting principles, and manage day-to-day finance operations while providing insights for strategic growth and profitability.

Credit CardsFinancial ServicesNon Profit

Growth Opportunities

Responsibilities

Oversee the Accounting department and ensure compliance with Generally Accepted Accounting Principles [GAAP], NCUA regulations, corporate policies, and internal controls, including but not limited to AP, AR, cash management, inventory control, reconciliations of all GL and internal accounts, payroll, fixed asset tracking, and management, tax, and general accounting

Oversee and coordinate internal quarterly reviews with leadership and external annual audits by leading the preparation of audit schedules and providing timely responses to audit requests

Train, motivate, discipline, conduct performance appraisals, and develop subordinates and direct reports

Manage the general ledger and production of monthly, quarterly, and year-end financial statements by Generally Accepted Accounting Principles (GAAP)

Evaluate the adequacy of reserve accounts, allocations, and depreciation schedules; ensure adequate funding of the same

Perform financial analysis of operations, budget comparisons, variance analyses, and assistance for any special analysis or projects

Prepare various monthly management reports for review and manage the complete month-end close process

Coordinate audit activities with regulatory examiners and external auditors and assist management in creating and implementing internal controls

Maintain general and subsidiary ledgers and ensure accounts are appropriately analyzed and reconciled promptly by investigating and resolving discrepancies

Monitor the accounting of FFCU's investment portfolio to ensure appropriate recording of investment acquisition, amortization of premiums, and accretion of discounts; reconcile and maintain proper classification of the contents of the investment portfolio

Responsible for creating Asset/Liability management models and reports, and ensuring the correctness of monthly general ledger downloads and general maintenance of the model

Coordinate the annual budget process, including developing capital expenditure, income and expenses, and economic projections supporting the budget

Identify opportunities to improve financial and accounting processes

Continuously monitor staffing levels and workload assignments to ensure there is sufficient knowledge and cross-training to accomplish goals, including training and succession planning as needed

Ensure that payroll quarterly audits are prepared timely and findings are reported to the CFO and CHRO; follow up with all action items from the quarterly payroll audit

Participate in various committees, including Pricing Committee, ALM Committee, and any other committees that arise that may require financial analysis or are charged with developing recommendations that have a significant impact on income

Actively participate in staff meetings, management meetings, and strategic planning sessions on an as-needed basis

May perform other duties as assigned or as needed

Qualification

GAAP complianceFinancial reportingBudgetingVariance analysisCash managementFinancial analysisAsset Liability ManagementTeam developmentLeadershipCommunication

Required