First Mid Level Officials and Mgrs

Corporate, Rochester, NY, US

Salary Range: $84,000.00 To $94,000.00 Hourly

STATUS: Full Time / Exempt

REPORTS TO: VP, Accounting and Finance

LOCATION: Rochester

HOURS: 37.50 hours per week

SCHEDULE: Monday - Friday, 8:30am - 5:00pm

Position Summary

The Accounting Supervisor will manage the ongoing accounting functions of the credit union. The Accounting Supervisor will ensure the general ledger is accurate and complete, monthly reports are prepared accurately and timely, and daily and monthly reconciliations are performed satisfactorily. The Accounting Supervisor is also responsible for the daily supervision and training of the accounting team. Perform all responsibilities in a manner that serves The Summit's Mission and upholds the credit union's values.

Essential Responsibilities - Must be capable of performing the following essential responsibilities, with or without reasonable accommodations, as outlined below.

· Develop, train and coach a team of accountants. These individuals should be developed to provide for adequate succession planning, to obtain skills important to the functioning of the department, and to attain their own personal goals.

· Responsible for the completion of the department's Mid-Year Pulse and Annual Performance Appraisals.

· Create and foster a positive work environment in which the team strives to meet the goals of the credit union and uphold the team values. The environment created should contribute to the achievement of these goals as well as positive employee engagement.

· Prepare, in conjunction with the VP of Finance, the annual budget for the Accounting Department.

· Responsible for the timely investigation of budget versus actual variances and the accuracy of the income statement and balance sheet, prior to the monthly meeting with CFO & VP of Accounting and Finance.

· Responsible for the monthly preparation of the financial reports for the Board of Directors and Management. The reports must be free from material errors.

· Perform monthly accounting for investment activity; prepare investment reconciliation and Investment Summary Report.

· Oversee the preparation of the quarterly NCUA 5300 Report and Profile, ensuring the accuracy of the information and timeliness of the filing.

· Responsibilities for the bi-weekly payroll, benefits and withholding and verifying compliance with Credit Union payroll policies.

· Review fixed asset additions, monthly depreciation, and coordinate periodic fixed asset inventory.

· Responsible for reviewing monthly mortgage accounts for accuracy.

· Oversee the process of incoming and outgoing wires for members.

· Oversee the accounts payable function for the Credit Union in compliance with the Credit Union's Purchasing Policy. Supervise the timely payments of vendor invoices, employees/volunteer vouchers, and payments related to the indirect lending program.

· Responsible for the input and report creation of the Current Expected Credit Losses (CECL) model.

· Responsible for the input, accuracy and report creation of the Asset Liability Management (ALM) model.

· Co-lead the annual budget process with the VP of Accounting and Finance and CFO.

· Develop accounting procedures and processes for new products/services offered by the Credit Union. Review existing procedures on an annual basis prior to VP of Finance review.

Other Responsibilities

· Review balance sheet audits on a semi-annual basis.

· Cross train other team members to provide adequate coverage during absences and to improve the overall strength and knowledge of the department.

· Serve as an operational resource to members of the accounting department.

· Review processes and operations under his/her control to ensure that the areas are operating as efficiently as possible.

· Coordinate required documentation requests for external audits.

· Assume the lead role for special accounting projects and the implementation of new software or processes.

*Note: The above information on this job has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Qualifications and Skills

Education & Experience - Applicants must possess the following qualifications or an equivalent combination of education and experience:

· Education: A four-year degree from an accredited college or university in accounting or business with at least basic accounting, cost accounting and auditing courses preferred. In lieu of a degree, 5 years of experience in an accounting department primarily with a financial institution is acceptable.

· Experience: Monthly general ledger closing, accounts payable, and account reconciliations.

Knowledge/Skills/Abilities (including Technical & Systems/Equipment Proficiencies)

· Leadership and communications skills.

· Understanding of our products and services.

· Excellent coaching skills.

· PC skills, including proficiency in Microsoft Word and Excel.

· Strong problem-solving skills.

· Must be able to manage multiple priorities.

· Must be able to communicate clearly in both verbal and written form.

· Must have the ability to make effective decisions in a reasonable time frame.

· Must have the ability to identify and correct areas of inefficiency.

· Microsoft Office Suite, particularly: Outlook, Word, and Excel

· Office equipment (i.e. calculators, computers, printers, copiers, multi-line phone systems and fax machines)

· Intranet/Internet, navigation of web-based vendor systems, and utilization of teller & banking software.

Physical Requirements

· Lifting (5-10 pounds)

· Standing/Sitting extended periods of time, while working in front of computer monitor

· Typing / Data Entry

· Professional Office Environment

· Overhead Lighting

Training and Compliance Requirements

· Subject to the compliance requirements of all related federal regulations, including but not limited to; the Bank Secrecy Act (BSA), Anti Money Laundering (AML), Information Security and Privacy policies and procedures. Employees complete annual BSA, AML, Information Security, Privacy and other job-related training requirements as established by the Summit and within deadlines.

The Summit Federal Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, protected veteran status, or status as a qualified individual with disability.

The Summit Federal Credit Union

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