Accounting Manager

POPA Federal Credit Union•Cerritos, CA

8d•$89,730 - $112,163

About The Position

The Accounting Manager is responsible for directing the operations of the Accounting Department; develop and maintain reliable accounting information and reporting on income, expenses, assets, liabilities, and capital for management planning and decision making and for fulfillment of financial reporting requirements. Prepare accurate financial statements and other monthly reports. Reconcile GL and bank accounts; ensure that reports, accounts, systems, policies and practices adhere to generally accepted accounting principles (GAAP). Assist with development and implementation of policies and procedures for the Accounting Department.

Requirements

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Minimum of an Associate degree in Business Administration, a related field, or equivalent experience.
Must be willing to work in excess of 40 hours per week and on weekends as needed. Must be capable of regular, reliable, and timely attendance.
Requires a well-rounded knowledge of Credit Union accounting operations and transactions as would normally be obtained by four or more years of experience in a responsible accounting position in a related financial institution.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of management, members, vendors, and the general public.
Demonstrated ability to provide meticulous attention to detail and concern for accuracy and consistency in results.
Effective listening, communication (verbal and written), organization, and decision-making skills.
Ability to work independently or within a team to accomplish goals and objectives.
Must be capable of regular, reliable, and timely attendance.
Must be bondable.
Must comply with all Bank Secrecy Act (BSA) and other Anti-Money Laundering (AML) Laws and Regulations, as they pertain to federal guidelines and internal policies and procedures.
Must complete compliance training to ensure adherence to legal and regulatory requirements, including security awareness and BSA training.

Responsibilities

Responsible for general accounting functions to support accurate and timely accounting month-end close. This includes reviewing transactional sources and verification of system interfaces where applicable to ensure data integrity.
Manage accounting functions to include AP, AR, cash flow, cost management, GL, and Credit Union taxes.
Assists in annual budget preparation.
Prepares and/ or review monthly reports including, but not limited to, financial statements and income/ expense tracking report, delinquency reports and real estate loan reports, etc.
Prepares quarterly NCUA call reports (5300) and other routine external financial reporting such as the quarterly FHLB certification.
Reconcile revenue reports, unbilled variances, special projects, and expense disbursements.
Identifies and implements various process improvement opportunities to increase efficiencies.
Ensure all general ledger reconciliation are completed and reviewed timely.
Responsible for analysis of financial accounts and preparation of journal entries.
Prepare monthly Current Expected Credit Losses (CECL) calculation.
Review all daily journal entries posted by Credit Union employees that are maintained in a system database.
Ensure that all activities of the department are in accordance with GAAP and that the accounting records maintained are accurate and in compliance with laws and regulations.
Assist on training accounting staff on technically as well as procedurally.
Provide regular reports to Senior Management of all accounting activities for the Credit Union’s accounting department.
Conduct special accounting studies, analyses, and special projects as requested by CFO.
Assists the department in internal, external, and regulatory audits.
Responsible for escheatment process in accordance with state unclaimed property laws.
All other duties as assigned by the CFO.