Controller

CONTROLLER

Primary Responsibilities:

Develop, manage, 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. Reconcile GL and bank accounts. Manage the activities of the accounting department and staff. Ensure that reports, accounts, systems, policies, and practices adhere to generally accepted accounting principles (GAAP). Duties must be accomplished in compliance with federal and state laws and in accordance with the credit union’s policies and procedures and with constant attention to CAFCU’s creed, vision, mission, and goals.

Duties and Responsibilities:

• Manage accounting functions to include Accounts Payable, Accounts Receivable, budgets, cash flow, cost management, financial analysis, financial reporting and recordkeeping, GL, investments, and taxes.
• Implement policies and procedures for the accounting department and ensure that policies and procedures reflect current regulations and are communicated to and implemented by subordinates.
• Reconcile revenue reports, unbilled variances, and special projects. Monitor daily balance sheet (loan and share) analysis. Monitor daily cash position analysis.
• Responsible for general ledger reconciliation, analysis of financial accounts, and preparation of journal entries. Provide end-of-month close and produce monthly financial statements.
• Ensure that all activities of the department are in accordance with GAAP and that the accounting records are maintained accurately and in compliance with laws and regulations.
• Coordinate the activities of staff by assigning work, training, solving complex problems, answering questions, and helping with complex transactions. Evaluate the performance of the staff on a regular basis.
• Evaluate the work of employees within the department and is responsible for recommending promotions, reassignments, and hiring of new employees.
• Responsible for writing and conducting annual performance appraisals for each staff member.
• Conduct weekly staff meetings/training to review time-sensitive deadlines, concerns, exchange ideas, or communicate changes in policy or procedures.
• Conduct monthly employee coaching sessions to provide guidance and review Stakeholders and individual goal progress.
• Develop and implement processes to streamline/automate credit union accounting procedures.
• Provide regular reports to management of all accounting activities for the credit union’s accounting department.
• Prepare all necessary ALCO, Board of Director, and essential financial reports.
• Prepare all necessary financial reports for CAFSI, the Hope Group.
• Prepare Allowance for Loan Loss analysis.
• Monitor fixed-asset management.
• Conduct special accounting studies, analyses, and special projects as requested by management.
• Assist with third party due diligence, Asset/Liability Management, regulatory exam, business license, and tax filings, and external audit.
• Manage key financial relationships as needed.
• Maintain department procedure manuals as needed.
• Maintain confidentiality.
• Suggest, research, and implement new features as related to accounting practices.
• Remain current on industry trends and advise Chief Financial Officer accordingly.
• All other duties assigned.

Qualifications:

CPA preferred, four-year degree in accounting and 3 – 5 years accounting background in a financial institution. Travel as necessary and willing to work a flexible schedule.

While performing the duties of this job, the employee is frequently required to sit, view information on a computer screen, and talk or hear. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Job Type: Full-time

Pay: $105,000.00 - $115,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Elgin, IL: Reliably commute or planning to relocate before starting work (Required)

Experience:

• GAAP: 5 years (Preferred)

Work Location: One location

Salary : $105,000 - $115,000