Strategic Financial Leader for Credit Union Success
7 days ago
Skillful and results-driven Vice President/Controller sought by Signal Financial Federal Credit Union to drive accuracy, compliance, and innovation in accounting and financial reporting. This leadership role requires a strong analytical mindset, deep regulatory knowledge, and passion for advancing financial systems.
About the Role
The ideal candidate will oversee timely and precise financial reporting, manage general ledger reconciliation, develop robust Standard Operating Procedures, supervise and mentor a team, strengthen internal controls, optimize financial systems, champion process improvement, drive budgeting and forecasting, and support audit and regulatory compliance.
Key Responsibilities
*Lead Financial Reporting & Compliance: Manage monthly, quarterly, and annual financial statements with a focus on GAAP, NCUA, and other regulatory requirements. Deliver timely, accurate reports to the Board and senior leadership.
*Forensic Accounting & Investigation: Conduct thorough forensic accounting investigations to identify discrepancies, fraud, and financial misstatements. Provide detailed reports and recommendations for corrective actions.
*GL Reconciliation & Cleanup: Lead efforts to clean up unreconciled general ledgers, ensuring all accounts are accurately balanced and discrepancies are resolved promptly.
*Standard Operating Procedures (SOPs) Implementation: Develop and implement robust SOPs for GL reconciliation processes to ensure ongoing accuracy and compliance. Train staff on these procedures to maintain consistency and prevent future discrepancies.
*Inspire Team Leadership & Development: Supervise and mentor a team, fostering a culture of excellence and continuous learning in financial reporting, accounts payable/receivable, and compliance.
*Strengthen Internal Controls: Implement and monitor controls to safeguard our financial assets and ensure compliance with all regulatory standards, including BSA/AML.
*Optimize Financial Systems & Integration: Champion the use of Fiserv Prologue and other key financial tools, managing system integrations to enhance operational efficiency.
*Champion Process Improvement: Continuously evaluate and refine accounting processes for enhanced accuracy, efficiency, and compliance with evolving regulations.
*Drive Budgeting & Forecasting: Oversee the budget process, develop long-term forecasts, and lead variance analysis. Collaborate with department heads to ensure financial goals align with our strategic vision.
*Cash Management & Federal Reserve Settlements: Oversee daily settlements with the Federal Reserve, ensuring smooth transactions and robust liquidity management.
*ALM & Risk Management Expertise: Produce insightful ALM reports, monitor key risk metrics, and serve as the ALCO liaison, aligning IRSA, NEV, and profitability with strategic objectives.
*Support Audit & Regulatory Compliance: Manage audit processes, maintain compliance with NCUA, and lead responses to auditor inquiries.
Requirements
To be successful in this role, you will need:
* 5-10 years in a similar financial role, with at least 3 years of supervisory experience in the credit union or banking industry.
* Experience with financial systems (Fiserv Prologue preferred) and familiarity with Federal Reserve settlement processes.
* A Bachelor's degree in Accounting, Finance, or a related field; relevant work experience may also be considered.
What We Offer
* Estimated salary: $85,000 - $115,000 per year, depending on qualifications and location.
* Opportunities for career growth and professional development.
* Collaborative and dynamic work environment.
About Us
S signal Financial Federal Credit Union is a leading financial institution committed to providing exceptional service and support to our members. We value our employees' contributions and strive to create a positive and inclusive work environment.
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