VP Controller

FLSA Status:  Exempt

Department: Accounting

EEO Code:  First/Mid-level Off. & Mgrs.

Reports To: Chief Financial Officer

Grade:  14

Starting Range: $99,339 – $132,532

Summary:

Lead the operations of the Accounting & Finance Department; prepare financial reports, monthly financial records, annual reports, IRS forms, collateral filings, and annual operating budgets; ensure complete, accurate, and timely completion of financial and accounting records for the Credit Union and prepare an analysis of operations for management.

Essential Functions:

·         Monitor the daily operations of the department, including accurate accounting and maintenance of internal controls to ensure the protection of organizational assets.

·         Manage & train direct reports to maximize productivity, efficiency, and the potential of the accounting & finance employees, including hiring, directing job assignments, monitoring staff performance, coaching, counseling, training, assuring compliance with regulatory requirements and organizational mission, values, policies and work rules.

·         Create and foster a positive working environment, leading the team with a focus of engagement, culture, and will provide ideas and effective tools and training to ensure that reporting, compliance, cashflow, and audit initiatives are met.

·         Oversee the development and monthly review of financials to assure accurate and timely financial information is provided to management and the Board of Directors to effectively manage the operations and be accountable to members and regulatory agencies.

·         Analyze and manage the monthly financial budgeting reports including monthly profit and loss and forecasting and budget vs. actual variance reporting.

·         Oversee and analyze all facets of liquidity management to include daily, weekly, monthly, and quarterly liquidity actual and forecasted needs.

·         Lead the annual financial budget process for the organization. Support the CFO on additional projects as needed.

·         Oversee the quarterly Call Report process and ensure timely filing with the NCUA.

·         Oversee the financial statement(opinion) (and any other) audit function(s) work with team to resolve all findings.

·         Oversee the timely filing, analysis, reporting of Asset Liability Management to external vendor for quarterly ALCO meetings.

·         Develops and analyzes policies, procedures, and system to ensure effective internal controls, optimum efficiencies and improvement (with goal of elimination) of manual or cumbersome processes.

·         Develops and maintains professional knowledge of and ability to understand and implement banking regulations and GAAP in the banking industry.

·         Required to maintain predictable & reliable attendance.

Qualifications:

·         Education: Bachelor degree in business, accounting; or related field required.  CPA, CFA certifications preferred.

·         Experience: Minimum 5- 10 years of leadership experience required. Minimum 5-10 years in accounting or finance related role required. Previously experience in a credit union or financial institution preferred.

·         Skills: Excellent organizational, verbal communication and business professionalism to effectively lead a team.  Sound understanding of GAAP.  Strong analytical skills and ability to make sound judgements. Expert use of Microsoft Excel and accounting software required. Knowledge of generally accepted accounting principles, applicable State and Federal regulations, primarily those of the Office of Thrift Supervision, the Securities and Exchange Commission and the Federal Reserve Board and applicable association regulations.

Physical Requirements:

Perform primarily sedentary work with limited physical exertion.  Must be able to operate routine office equipment including telephone, copier, computer, and calculator.  Must be able to work extended hours whenever required or requested by management.

Work Environment:

·         Professional banking environment.

·         Must be able to routinely perform work indoors in a climate-controlled shared work area.

Equal Opportunity Employer: Heritage Family Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.