VP, Accounting

Overview

This role applies accounting principles to analyze financial information and prepare financial reports. You will maintain appropriate controls and supervision to help ensure accurate and timely reporting from the department.

Responsibilities

• Prepare and/or review month/quarter-end financial reports, including NCUA 5300 report.
• Analyze financial information covering assets, liabilities, and capital; prepare balance sheet, profit and loss statement, and other reports summarizing current and projected financial position.
• Research and document abnormalities and significant changes.
• Prepare and/or review variance reports as needed, including Budget to Actual analysis.
• Work with the Controller to prepare annual non-interest income and expense budgets.
• Research and document technical accounting issues to ensure compliance with GAAP.
• Ensure compliance with regulatory accounting and reporting requirements.
• Work with the Controller to establish, modify, document, and coordinate implementation of accounting procedures, accounting control procedures, and general accounting systems.
• Coach and supervise staff responsible for accounting month-end close.
• Manage staff responsible for general ledger/bank reconciliations and oversee management of Payroll, Settlement, and Accounts Payable functions.
• Respond to inquiries from multiple levels of management regarding data in financial statements.
• Research and respond to inquiries from federal examiners and internal/external auditors in written and verbal form.
• Continually evaluate department processes to identify improvement opportunities and support efficient operations.
• Other duties as assigned.

Requirements

Experience and Education

• 6+ years’ related accounting experience required, including at least 2 years of supervisory experience.
• Bachelor’s degree (B.A.) in accounting from a four-year college or university.
• CPA preferred.
• Equivalent combination of education and experience may substitute for stated qualifications.

Knowledge and Skills

• Excellent knowledge of accounting principles.
• Ability to read, analyze, and interpret common professional and technical journals, financial reports, and legal documents.
• Ability to respond to common inquiries or complaints from members, regulatory agencies, or members of the business community.
• Ability to effectively present information to top management, groups of members, and/or boards of directors in both written and oral form.
• Ability to write routine reports and correspondence, including email, using correct spelling and grammar.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume; apply basic algebra.
• Ability to write and speak effectively in English using correct spelling and grammar.
• Basic math skills, including computing rates, ratios, and percentages using a 10-key.
• Proficient in basic applications in a Windows-based environment, including Outlook, Word, and Excel; moderate keyboard skills at 40 wpm.
• Excellent customer service skills.

Competencies

• Ability to learn quickly and adapt to change, including learning specialized applications and systems.
• Initiative and self-direction.
• Ability to communicate and collaborate effectively with people at all levels.
• Sound problem-solving and decision-making ability, including prioritization.
• Ability to understand and align with core competencies through daily projects and tasks, including: Growth Mindset; Diversity & Inclusion; Communication; Change Ready Leadership; Responsibility; Problem Solving; Tech & Data Savvy; CU Business Acumen.

Physical Demands

• Extensive use of computers, up to eight hours per day; requires appropriate vision, dexterity, and other physical abilities.
• May include occasional pushing, pulling, or carrying objects weighing up to 20 pounds.
• Must be able to speak and present on the telephone and/or through digital means of communication, including Zoom/Teams or other video technologies.

Preferred Qualifications

• CPA

Compensation & Benefits

• Salary is based on qualifications and geographical location (Zone).
  • Zone 1: $179,764.00 - $224,705.00
  • Zone 2: $163,585.24 - $204,481.55
  • Zone 3: $151,001.76 - $207,627.42
  • Zone 4: $143,811.20 - $197,740.40
• Eligible to participate in the Key Employee Incentive Plan.
  • Annual incentive opportunity ranges from 0–14% of incentive eligible earnings, based on institutional performance (0–4%) and individual performance (0–10%).
  • Incentive payments are discretionary and subject to approval.
• Bonus/incentives for all regular employees.
• 401(k) with 8% company contribution.
• Medical, dental, and vision insurance for employees and dependents paid at 80%.
• PTO and paid sabbaticals.
• Tuition reimbursement.

Location

Salary is based on geographical location (Zone).