Director of Accounting

Foothill Credit Union•Arcadia, CA

4d•$135,000 - $150,000

About The Position

The Director of Accounting is a dynamic, results-oriented leader who thrives on precision and impact. In this pivotal role, you’ll own the integrity of our financial reporting—delivering timely, accurate statements and insightful management reports that guide key decisions at every level, including for the Board of Directors. You won’t just crunch numbers—you’ll shape strategy. From branch and product profitability analysis to performance metrics, you’ll provide the insights that fuel growth. You’ll lead day-to-day finance operations, optimize systems and processes, and spearhead initiatives in cash management, forecasting, budgeting, and variance analysis. Your expertise ensures we stay aligned with liquidity, interest rate risk, and income objectives while leveraging cutting-edge financial technologies and methodologies. You’ll play a critical role in Asset Liability Management (ALM) and drive profitability through smart, data-driven decisions.

Requirements

Master of Business Administration (MBA) in Accounting or Finance or Certified Public Accounting (CPA) designation
Minimum of ten (10) years of accounting experience in a financial institution with at least three (3) years in a leadership position.
Excellent written and verbal communication skills
Strong ability to present information across various channels
Thorough understanding of all applicable statutes, regulations, and laws
Advanced knowledge and experience with Windows Office (Word, Excel, PowerPoint)
Proven ability to define problems, collect data, establish facts, and draw valid conclusions
Solid leadership abilities and a willingness to assist others whenever necessary
Proficient ability to prioritize and efficiently handle a variety of tasks at one time in a busy and dynamic work environment
Advanced ability to perform accounting analysis based on relevant fact patterns and accounting guidance and identifying areas that require judgment
Ability to write accounting memos, policy papers, and financial reports
Ability to maintain a good working relationship with all team members, vendors, and members; use good judgment in recognizing the scope of authority
Enjoy problem-solving through collaboration and teamwork with internal and external stakeholders and being the inner adviser and technical accounting "go-to."
Reliable attendance

Nice To Haves

Experience in Symitar and Profit Star is preferred
Certified Public Accountant (CPA)

Responsibilities

Oversee the Accounting department and ensure compliance with Generally Accepted Accounting Principles [GAAP], NCUA regulations, corporate policies, and internal controls, including but not limited to AP, AR, cash management, inventory control, reconciliations of all GL and internal accounts, payroll, fixed asset tracking, and management, tax, and general accounting
Oversee and coordinate internal quarterly reviews with leadership and external annual audits by leading the preparation of audit schedules and providing timely responses to audit requests
Train, motivate, discipline, conduct performance appraisals, and develop subordinates and direct reports
Manage the general ledger and production of monthly, quarterly, and year-end financial statements by Generally Accepted Accounting Principles (GAAP)
Evaluate the adequacy of reserve accounts, allocations, and depreciation schedules; ensure adequate funding of the same
Perform financial analysis of operations, budget comparisons, variance analyses, and assistance for any special analysis or projects
Prepare various monthly management reports for review and manage the complete month-end close process
Coordinate audit activities with regulatory examiners and external auditors and assist management in creating and implementing internal controls
Maintain general and subsidiary ledgers and ensure accounts are appropriately analyzed and reconciled promptly by investigating and resolving discrepancies
Monitor the accounting of FFCU's investment portfolio to ensure appropriate recording of investment acquisition, amortization of premiums, and accretion of discounts; reconcile and maintain proper classification of the contents of the investment portfolio
Responsible for creating Asset/Liability management models and reports, and ensuring the correctness of monthly general ledger downloads and general maintenance of the model
Coordinate the annual budget process, including developing capital expenditure, income and expenses, and economic projections supporting the budget
Identify opportunities to improve financial and accounting processes
Continuously monitor staffing levels and workload assignments to ensure there is sufficient knowledge and cross-training to accomplish goals, including training and succession planning as needed
Ensure that payroll quarterly audits are prepared timely and findings are reported to the CFO and CHRO; follow up with all action items from the quarterly payroll audit
Participate in various committees, including Pricing Committee, ALM Committee, and any other committees that arise that may require financial analysis or are charged with developing recommendations that have a significant impact on income
Actively participate in staff meetings, management meetings, and strategic planning sessions on an as-needed basis
May perform other duties as assigned or as needed