VP Controller

Position Title: VP / Controller

Organizational Relationships: Report to Chief Financial Officer (CFO)

Supervisory Responsibilities: Accounting Manager

General Function: Manages and assumes ownership over the Credit Union’s general ledger and takes appropriate steps, including development and implementation of internal controls, to ensure the overall integrity of the data contained therein. Oversees accounts payable, account reconciliations, fixed assets, and daily cash management functions. Establish, maintain and oversee appropriate financial policies, procedures and internal controls. Reports to CFO.

Position Functions:

• Responsible for ensuring all transactions are posted to the general ledger in accordance with the Credit Union’s policies and procedures, Generally Accepted Accounting Principles, and regulatory guidance.
• Assume overall responsibility for managing and maintaining the integrity of the General Ledger and related subsidiary ledgers, including loans, shares, and fixed assets
• Oversee, review, and approve the preparation of periodic general ledger reconciliations, analysis of financial accounts, and preparation of journal entries.
• Manage monthly and annual general ledger closings, including the preparation and recording of monthly accruals.
• Oversee and review branch and cost accounting practices.
• Assume responsibility for all financial forecasting and reporting.
• Manages the accounts payable, fixed assets, and daily liquidity management functions; prepares daily cash position reports for the CFO.
• Conducts periodic financial budget variance analyses to identify risks and opportunities within the Credit Union and prepares management reports summarizing findings and recommendations.
• Oversee and direct the activities of the AP function, including vendor management responsibilities. Vendor management will include the central filing and management of all contracts, development and maintenance of consolidated reports of contracts terms and conditions, risk identification and measurement, risk mitigation, and ongoing due diligence.
• Oversee the capital asset acquisition process in accordance with established policies and procedures. Develop periodic budget variance analysis of capital acquisitions vs. budget.
• Participate in the development, preparation and execution of annual report.
• Participate in the development, preparation and execution of annual budgets.
• Participate as a member of the Asset/Liability Management committee.
• Effectively communicates all relevant Accounting related information to CFO.
• 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.
• Serve as role model for other Accounting Department personnel with regards to effective communications, respect for others, ability to work with others, and dedication to both the Accounting Department and the Whitefish Credit Union as a whole.
• Staff, train, motivate, supervise, and manage personnel.
• Mentor and coach direct reports.
• Handle difficult personnel issues directly, using appropriate discretion and respect for all involved.
• Consistently go above and beyond typically expected work schedule to accomplish what is needed for the benefit of the Accounting Department.
• Follow all Whitefish Credit Union, Montana and Federal information privacy guidelines.
• Adhere to all Whitefish Credit Union policies and procedures.
• Report to work on time and as scheduled.
• Perform other duties as assigned.

Position Requirements:

• Ability to communicate effectively verbally, in writing, and over the phone, with Members, Co-workers, Accounting Personnel, and Senior Management.
• Excellent problem solving and negotiation skills.
• Strong analytical and organizational skills.
• Ability to produce effective written policy documents, using proper sentence structures, punctuation, grammar and spelling.
• Ability to manage time, resources and personnel, with working knowledge of principles and practices of supervision, training and performance evaluation.
• Willingness to establish Departmental schedules to ensure continuous Departmental coverage and equal break times for all employees.
• Ability to prioritize work and oversee multiple simultaneous projects.
• Willingness to pursue and obtain additional professional training and/or certifications as needed.
• Adhere to all Whitefish Credit Union policies and procedures.
• Report to work on time and as scheduled.
• Perform other duties as assigned.

Required Education and Experience:

• Bachelor’s degree in accounting, finance or banking.
• 3-5 years on-the-job experience in an accounting environment.

Preferred Education and Experience:

• CPA designation.
• 1-2 years of supervisory experience.

This job description is to be considered a general outline of the duties and responsibilities of this position and is subject to changes and revisions by management at any time. Responsibilities are listed as guidelines only and the job is not necessarily limited to these specifications.