Accounting Supervisor

Ent Credit Union•Apple Valley, MN

4d•$97,000 - $108,000

About The Position

The Accounting Supervisor will oversee the activities of the accounting department to ensure adherence to corporate, accounting, and Generally Accepted Accounting Principles (GAAP) in the timely and accurate processing of Investments, Cash Management, General Ledger, Subsidiary and Property Management financials. Guide and mentor accounting and credit union staff. Participate in planning/implementation of business policies and procedures to ensure proper internal controls and risk mitigation. Participate in complex credit union projects with tight deadlines.

Requirements

Bachelor's Degree in Accounting, Finance, or related field
5-7 years progressive accounting experience
1+ years supervisory experience preferred
Bondable
Detailed knowledge of GAAP, accounting standards, corporate policies and procedures regarding accounting.
Advanced knowledge of general ledger functions and the month-end/year-end close process.
Advanced knowledge of Microsoft Excel
Excellent analytical and problem-solving skills.
High degree of accuracy and attention to detail.
Ability to interact and communicate effectively with all credit union employees.
Ability to prioritize, manage time, and maintain professionalism under pressure.
Self-starter, quick learner, and ability to multi-task on a regular basis.
Ability to work in fast-paced environment while meeting critical deadlines.
Ability to work both independently and collaboratively with different levels of employees.

Nice To Haves

SQL experience preferred

Responsibilities

Manage, review, audit, and coordinate the completion of monthly, quarterly, and annual close to ensure accuracy and timeliness in the processing of: Investments, including but not limited to: Managing daily cash position, ensuring funds are available as needed or available for investing, daily journal entries for investment purchases, sales, and cash management. Monthly accruals for interest, market value, and premium/discount amortization. Reconcile subsidiary investment ledgers, bank accounts, and investment general ledgers. Interact with internal portfolio manager and outside investment professionals. Design, create, and prepare investment reports that track activity and performance. Corporate borrowings.
Complex general ledger and bank reconciliations, including but not limited to: Bank reconciliations with other financial institutions. Member Accounts. CUSO accounting. Branch vault and ATM transactions to ensure accurate reporting. A variety of insurance and fee-related products specific to the banking industry. Payroll and Benefits. Full cycle accounting for foundation and property management financials. Subsidiary and complex accounting general ledgers.
Federal Reserve reporting requirements.
Selling mortgages.
Purchased loan and certificate pools.
Internal/external audit researching, clarifying inquiries, and providing explanations.
Meet with staff to mentor and communicate areas of potential growth as well as problem areas to ensure work is performed accurately.
Participate in complex projects vital to changes in accounting requirements and goals.
Participate in the completion of regulatory reporting to NCUA with an emphasis on leading Investment schedule reporting and maintaining compliance with all regulatory changes.
Review Department and Branch income & expense each month for accuracy, and complete budget variance appropriately for ALCO reporting.
Provide back-up support for the Accounting Manager, Sr Financial Analyst, Senior Accountants, Accounting Supervisors, Staff Accountants, and guidance to accounting and credit union staff.
Identify and coordinate the implementation of changes to processes that increase accuracy and efficiency and/or increase income and decrease expenses.