Controller

GATHER FEDERAL CREDIT UNION•Lihue, HI

13h•Onsite

About The Position

Responsible for overseeing Gather FCU's Accounting Department, this role ensures the establishment and maintenance of accounting principles, practices, and procedures to manage fiscal records and financial reporting. This includes general and property accounting, cost accounting, and budgetary control. The position involves evaluating operational results against costs, budgets, policies, and trends, identifying opportunities for improvement, and enhancing profitability. Responsible for ensuring the fair measurement and presentation of financial results in compliance with GAAP, this role formulates and administers approved accounting practices across the organization to produce accurate financial reports and provide reliable data essential for effective operational control.

Requirements

Bachelor’s degree in Accounting, Finance, Economics with relevant prior work experience.
10+ years of progressive experience in financial management, accounting, and reporting.
Advanced expertise in preparing financial statements, budgets, and regulatory filings, ensuring compliance with GAAP and other industry standards.
Experience leading accounting teams, implementing internal controls, and providing strategic financial guidance to senior leadership.
Knowledge of accounting principles generally accepted in the United States of America, basic characteristics of financial assets and liabilities, and basic statistical analysis.
Ability to work standard personal computers (including peripheral equipment), ten-key calculator, typing 30-40 words per minute, view a computer terminal for varying periods of time, and to learn and retain the proper use of office equipment, including facsimile machines and photocopies.
Ability to work with various PC software.
Strong ability to read, analyze and interpret financial reports and legal documents.
Ability to perform complex calculations.
Ability to effectively research, analyze and evaluate information to make decisions, solve problems and achieve goals.
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Must be in full compliance with applicable FASB, OTS and SEC pronouncements and regulations, and the NCUA.

Nice To Haves

A CPA or MBA is preferred.
Strong project management skills desired.

Responsibilities

Preparing accurate and timely financial statements, including all cash flow statements, income statements, balance sheets, and monthly budget variance reports for management and the Board of Directors.
Preparing all monthly, quarterly, and annual reports, including the quarterly call report, monthly interest margin report, ratio reports, and loan delinquency reports.
Overseeing the preparation of the annual report, assisting in the annual budget process, and compiling collateral reports for the Federal Home Loan Bank.
Ensuring compliance with all reporting requirements, including those mandated by NCUA, CUNA, FRB, IRS, and management.
Assisting in the analysis of the organization's Balance Sheet providing quarterly, and yearly comparisons and trends.
Monitoring key balance sheet ratios and suggesting strategies to senior management for maintaining a healthy balance sheet.
Maintaining accuracy, quality and progress of the Accounting department's work.
Assigning, directing, coordinating, and reviewing duties and function of staff personnel.
Maintaining current and thorough knowledge of Federal, State, and Accounting regulations, compliance policies and procedures.
Supervising, training, assigning, and evaluating personnel in the Accounting Department.
Developing and continually updating the Accounting Procedural and Training Manuals.
Participating in the selection process, recommending the hiring of applicants, and the change in status or termination of employees.
Verifying all wire activities and maintaining proper BSA documentation and compliance with the Wire Transfer Policy.
Executing investment wires.
Ensuring proper control and maintenance of all investment documents.
Maintaining fixed asset records, depreciation schedules and all accrual entries for the credit union.
Preparing special financial schedules and performing other related duties or projects as assigned.
Reviewing the status of cash account reconciliations weekly; balance sheet reconciliations monthly and directing research/corrections necessary.
Reviewing for reasonableness to the budget and ensuring timely payment of the Credit Union’s expenses.
Administering the Corporate credit card program.
Ensuring the proper and timely filing of the State Annual Uniform Unclaimed Properties reports as specified by statute.
Monitoring and following up on Dormant accounts.
Responding to staff and members having complaints and/or inquiries and initiating any corrective measures.
Ensuring that all reports, records, and other confidential items in the Accounting Department are cleared and properly secured in their specified locations before leaving the premises each day.
Ensuring adequate supply of all materials used by the Accounting Department is available and preparing necessary replenishment requisitions.
Ensuring the safety and cleanliness of the department.
Assuming accountability in cybersecurity and data protection.
Recommending and maintaining records for retention and destruction as required by NCUA.
Developing and maintaining professional knowledge of and ability to understand and implement banking regulations and GAAP in the Banking industry.