Responsibilities: SUMMARY:Directs the operations of the Finance and Accounting Departments which includes preparation, directly or through staff, of all Credit Union financial and risk reporting.
Assists the CFO in managing the investment portfolio and reporting.
ESSENTIAL DUTIES AND RESPONSIBILITES include the following.
Other duties may be assigned.
Responsible for managing the preparation of the monthly financial statements including creation of eliminating entries to complete monthly closing process.Oversees the operations of the Accounting Department including complete, accurate, and timely completion of financial and accounting records in accordance with generally accepted accounting practices and Credit Union policies.In collaboration with the Accounting Manager, continually evaluate and optimize month-end close processes, striving to deliver process automation, improved accuracy and higher service.Oversees the preparation of branch and product profitability reporting.Responsible for financial risk management process including preparation of the quarterly asset liability risk measurement model.Assists CFO in analysis and acquisition of investment securities.Maintains investment records to ensure compliance with applicable laws and regulations.Oversees preparation of quarterly Investment Report and Call Report.Responsible for managing, in collaboration with department heads, the annual budget and capital planning process.
Reports on budget variances.Leverage technology to build scalable/sustainable processes to create efficiencies, streamline department operations and improve employee experience.Develop, enhance, implement and enforce accounting policies, internal controls, and procedures that will improve the overall operation and reduce risks of the Credit Union.Responsible for maintaining and updating all pricing models.Presents monthly financials and budget recommendations to Advancial’s Asset & Liability Committee (ALCO) and Board of Directors as needed.Oversee the annual external audit and tax filings for all locations.
Identify a point of contact for the Finance and Accounting team.Prepares or directs the preparation of financial, statistical and operational analyses on a routine and ad hoc basis.Responsible for the development and operations of the Secondary Market Department including the sale and participation of assets on the secondary market, loan pipeline and pricing, servicing related issues, liquidity management and hedging activities.
Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
Improve or implement policy and procedures that will assist with transacting financial matters.Provides Leadership to build a strong team to include but not limited to hiring, training directing and evaluating employee performance within the Finance and Accounting Department; recommends promotion/transfer and salary adjustments.Maintains an understanding and competency with respect to software and other systems required to perform the duties of the position.
Qualifications: EDUCATION and/or EXPERIENCEBachelor’s degree (B.
A.) from four-year College or university in Finance and Accounting required.
A minimum of seven years related experience and/or training; or equivalent combination of formal education and experience.
Five years of prior management experience required.
CERTIFICATES, LICENSES, REGISTRATIONS – CPA required (active license required) Overview: Founded in 1937, Advancial is one of the oldest and largest credit unions in the country.
We are an established and proactive full-service financial institution providing personal, convenient and advanced financial services to individuals and select group partners.
Our mission is to create lasting value for our members through superior service, quality products, and innovative solutions.
At Advancial, we always strive to provide the best service and products to our members because we love what we do.
We work together to build a culture that promotes a positive employee experience.
We’ve been named a Best Company to Work for in Texas for nine consecutive years and a Best and Brightest Company to Work For nationally and locally because we’re serious about building fulfilling careers and not just day jobs.
We invite you to learn more about this position and what Advancial has to offer by completing our online application.
Advancial Federal Credit Union is an Affirmative Action and Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Equal Employment Opportunity PostersAdvancial Federal Credit Union participates in the Electronic Employment Verification process.
Please click here for more information.If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please complete the form below.
If you’d like to view a copy of the company’s affirmative action plan, please complete this form.