St Anne’s Credit Union of Fall River, MA Looking for Vice President of Finance at Fall River, MA Full Time

Are you an Accounting Manager or Assistant Controller who is searching for the next step in your career. St. Anne’s Credit Union is seeking an individual who will manage the operations of the Finance Department.

FUNCTION: Responsible for controlling and directing the Credit Union’s accounting, budgeting and financial reporting functions.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

1. Manage accounting department to maximize efficiency and productivity, including: making routine employment decisions, reviewing performance, assigning work, providing training and coaching subordinates.

2. Maintain a strong internal control structure ensuring accounting policies, processes and financial reports are in conformity with Generally Accepted Accounting Principles.

3. Responsible for month end close process and preparation of monthly internal Asset/Liability Committee and Board reports.

4. Prepare quarterly allowance for loan loss calculation and analysis and account for the Credit Union’s impaired loans and foreclosed real estate.

5. Manage the Credit Union’s daily liquidity position and monitor the investment portfolio, wholesale borrowings and collateral requirements.

6. Prepare annual budget, produce monthly budget variance reports and monitor operating results against budget.

7. Review quarterly NCUA call report ensuring accuracy, timely submission and conformity with regulatory guidance.

8. Coordinate the preparation of the quarterly Asset/Liability model by providing assumptions and information to the Credit Union’s third party Asset/Liability advisory firm.

9. Account and report on the Credit Union’s benefit plans, derivative positions and valuation of mortgage service right portfolio.

10. Prepare quarterly liquidity projection and stress test and concentration of risk reports.

11. Provide support to internal and external auditors for various comprehensive audits.

12. Provide assistance in the production of the annual audited financial statements and support for regulatory examinations.

13. Monitor and research new accounting developments from authoritative bodies such as the FASB and NCUA and identify any financial impact to the Credit Union.

14. Provide support, perform certain duties and act as backup to the CFO in his/her absence.

We are proud to be an EEO/AA Employer M/F/Disabled/VET

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Fall River, MA 02724: Reliably commute or planning to relocate before starting work (Preferred)

Education:

• Bachelor’s (Preferred)

Experience:

• Accounting: 3 years (Preferred)
• Financial accounting: 2 years (Preferred)
• Financial Institution: 2 years (Preferred)
• Management: 3 years (Preferred)

Work Location: One location