What are the responsibilities and job description for the Assistant Vice President/Accounting position at ProFed Credit Union?
Description
POSITION SUMMARY
Primarily responsible for financial analysis in areas of forecasting, budgeting, cost reduction analysis, and improving operational performance. Oversee daily operations within the accounting department. Work closely with ALCO and Leadership Team to provide support analysis in a variety of operational decisions. Assist VP/Controller with funds management to maximize return on investment portfolio while minimizing risk.
Qualifications
This individual must have an accounting/finance degree and prior experience in financial reporting, creating financial models, and electronic spreadsheet construction. Accounting/GAAP knowledge is required. Preference will be given to candidates working toward or possessing a Certified Public Accountant designation. Must be able to perform with minimal supervision, possess strong math aptitude, and demonstrate effective judgment. In rare instances, this position may require some evening or weekend hours.
Physical Requirements
This person must be able to view a terminal screen and operate a computer keyboard. Must be able to sit and stand for prolonged periods.
Essential Duties And Responsibilities
POSITION SUMMARY
Primarily responsible for financial analysis in areas of forecasting, budgeting, cost reduction analysis, and improving operational performance. Oversee daily operations within the accounting department. Work closely with ALCO and Leadership Team to provide support analysis in a variety of operational decisions. Assist VP/Controller with funds management to maximize return on investment portfolio while minimizing risk.
Qualifications
This individual must have an accounting/finance degree and prior experience in financial reporting, creating financial models, and electronic spreadsheet construction. Accounting/GAAP knowledge is required. Preference will be given to candidates working toward or possessing a Certified Public Accountant designation. Must be able to perform with minimal supervision, possess strong math aptitude, and demonstrate effective judgment. In rare instances, this position may require some evening or weekend hours.
Physical Requirements
This person must be able to view a terminal screen and operate a computer keyboard. Must be able to sit and stand for prolonged periods.
Essential Duties And Responsibilities
- Engage in ongoing cost reduction analyses in all areas of the credit union
- Independently seek, identify, and recommend opportunities for process improvement within the accounting department and throughout the credit union
- Perform investment portfolio due diligence on current and prospective brokers and safekeepers
- Review and recommend investments based on risk and return analysis
- Monitor daily, monthly, and annual cash flows
- Prepare financial reports and regular analyses for ALCO
- Prepare monthly financial reports for the Board of Directors
- Assist with analysis and completion of annual budget
- Work with VP/Controller to coach and develop accounting staff
- Analyze internal and external financial/economic data to assist in credit union decision-making, as well as monitor and compile competitor analysis
- Assist with month-end close processes
- Assist with and support internal/external audits throughout the year
- Additional duties as assigned