What are the responsibilities and job description for the Director of Accounting position at Foothill Credit Union?
Description
Position: Director of Accounting
Pay Range: $135,000.00 to $150,000.00
FLSA Classification: Exempt
Join the Team That Puts Community First!
Foothill Credit Union isn’t just a financial institution—we’re a trusted partner proudly rooted in the heart of the San Gabriel Valley. For decades, we’ve been serving educators, healthcare professionals, municipal employees, families, and more than 250 local businesses with one mission: to improve our members' financial health.
Our Commitment To Excellence Speaks For Itself
Ready to be part of something bigger? Apply today and help us continue to raise the bar for service, innovation, and community impact!
Benefits And Perks
Essential Duties and Responsibilities: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required but may not be all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.
Experience/Education Requirements:
Compensation details: 135000-150000 Yearly Salary
PI97e15174b22f-25448-39359641
Position: Director of Accounting
Pay Range: $135,000.00 to $150,000.00
FLSA Classification: Exempt
Join the Team That Puts Community First!
Foothill Credit Union isn’t just a financial institution—we’re a trusted partner proudly rooted in the heart of the San Gabriel Valley. For decades, we’ve been serving educators, healthcare professionals, municipal employees, families, and more than 250 local businesses with one mission: to improve our members' financial health.
Our Commitment To Excellence Speaks For Itself
- Five-Star Rating from Bauer Financial—placing us among the best in the industry.
- CUNA’s 2021 Member Benefits Top Performance Award for delivering an average direct benefit of $690 per member household.
- #1 in California for 2024 in the overall return of value to members among peer credit unions ($700MM–$1B), according to Callahan & Associates.
Ready to be part of something bigger? Apply today and help us continue to raise the bar for service, innovation, and community impact!
Benefits And Perks
- 100% covered Medical/Dental/Vision for Team Members
- 401(k) plan with match
- Profit-Sharing Plan
- Paid Holidays
- Paid Time-Off
- And more!
Essential Duties and Responsibilities: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required but may not be all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.
- Oversee the Accounting department and ensure compliance with Generally Accepted Accounting Principles [GAAP], NCUA regulations, corporate policies, and internal controls, including but not limited to AP, AR, cash management, inventory control, reconciliations of all GL and internal accounts, payroll, fixed asset tracking, and management, tax, and general accounting
- Oversee and coordinate internal quarterly reviews with leadership and external annual audits by leading the preparation of audit schedules and providing timely responses to audit requests
- Train, motivate, discipline, conduct performance appraisals, and develop subordinates and direct reports
- Manage the general ledger and production of monthly, quarterly, and year-end financial statements by Generally Accepted Accounting Principles (GAAP)
- Evaluate the adequacy of reserve accounts, allocations, and depreciation schedules; ensure adequate funding of the same
- Perform financial analysis of operations, budget comparisons, variance analyses, and assistance for any special analysis or projects
- Prepare various monthly management reports for review and manage the complete month-end close process
- Coordinate audit activities with regulatory examiners and external auditors and assist management in creating and implementing internal controls
- Maintain general and subsidiary ledgers and ensure accounts are appropriately analyzed and reconciled promptly by investigating and resolving discrepancies
- Monitor the accounting of FFCU's investment portfolio to ensure appropriate recording of investment acquisition, amortization of premiums, and accretion of discounts; reconcile and maintain proper classification of the contents of the investment portfolio
- Responsible for creating Asset/Liability management models and reports, and ensuring the correctness of monthly general ledger downloads and general maintenance of the model
- Coordinate the annual budget process, including developing capital expenditure, income and expenses, and economic projections supporting the budget
- Identify opportunities to improve financial and accounting processes
- Continuously monitor staffing levels and workload assignments to ensure there is sufficient knowledge and cross-training to accomplish goals, including training and succession planning as needed
- Ensure that payroll quarterly audits are prepared timely and findings are reported to the CFO and CHRO; follow up with all action items from the quarterly payroll audit
- Participate in various committees, including Pricing Committee, ALM Committee, and any other committees that arise that may require financial analysis or are charged with developing recommendations that have a significant impact on income
- Actively participate in staff meetings, management meetings, and strategic planning sessions on an as-needed basis
- May perform other duties as assigned or as needed
Experience/Education Requirements:
- Master of Business Administration (MBA) in Accounting or Finance or Certified Public Accounting (CPA) designation
- Minimum of ten (10) years of accounting experience in a financial institution with at least three (3) years in a leadership position.
- Experience in Symitar and Profit Star is preferred
- Certified Public Accountant (CPA)
- Excellent written and verbal communication skills
- Strong ability to present information across various channels
- Thorough understanding of all applicable statutes, regulations, and laws
- Advanced knowledge and experience with Windows Office (Word, Excel, PowerPoint)
- Proven ability to define problems, collect data, establish facts, and draw valid conclusions
- Solid leadership abilities and a willingness to assist others whenever necessary
- Proficient ability to prioritize and efficiently handle a variety of tasks at one time in a busy and dynamic work environment
- Advanced ability to perform accounting analysis based on relevant fact patterns and accounting guidance and identifying areas that require judgment
- Ability to write accounting memos, policy papers, and financial reports
- Ability to maintain a good working relationship with all team members, vendors, and members; use good judgment in recognizing the scope of authority
- Enjoy problem-solving through collaboration and teamwork with internal and external stakeholders and being the inner adviser and technical accounting "go-to."
- Reliable attendance
Compensation details: 135000-150000 Yearly Salary
PI97e15174b22f-25448-39359641
Salary : $135,000 - $150,000