Credit Union:

WyHy Federal Credit Union

Region:

Cheyenne, WY

Closing:

7/8/2023

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Job Description:

Essential Functions

  • Deliver complete, accurate, detailed, and timely accounting work at all times.
  • Closely manage the overall finance, accounting, and internal controls functions of the credit union to ensure appropriate deliveries and maintenance of all accounting systems/functions and internal controls.
  • Manage all GL related matters, including but not limited to AP, prepaids, clearings, and accrual GLs and schedules, in a timely/effective/efficient manner.
  • Timely recommend the deposit and loan rate determination for the credit union and report appropriately to the CFO.
  • Oversee all organizational audits, including but not limited to the NCUA exams, external financial audits, ACH audits, and wire audits, and be the main liaison to the examiners/auditors.  Deliver audit/exam materials timely.
  • Lead in ALM Modeling analysis and what-if scenarios for different investment, loan, and share decisions to optimize the credit union portfolio.
  • Lead in delivering a final annual budget by November 30 of each year reflecting the annual strategic plan, working closely with other departments and the CFO.
  • Provide monthly budgetary variance report to the CFO.
  • Review and recommend changes and improvements to credit union policies as necessary to further the objectives of the credit union, and if applicable, to mitigate unnecessary risks.
  • Manage all vendors/servicing partners related to all accounting and finance functions, including but not limited to FHLB, Federal Reserve, and Alloya Corporate CU.
  • Oversee and ensure payroll processing functions are completed timely.
  • Ensure maintenance of appropriate internal controls and financial procedures.
  • Ensure cash management at branches are within the effective limits and determine that the cash levels reflect the necessity, not overstocking on cash at branches.
  • Oversee timely reporting/filing of all the required reports/returns/forms to the regulatory agencies, including but not limited to the 5300 report, FR 2900, escheatment, and IRS reporting.
  • Make sure the posting of checks, ACH, and any other processing functions are completed timely as necessary for the credit union operations.
  • Responsible for all accounts payable and fixed assets functions and manage effectively to obtain the best possible pricing and schedule wherever and whenever possible.
  • Efficiently manage all expenses and reduce/cut whenever possible.
  • Ensure all GLs, bank and corporate check records, and other financial records are reconciled in a timely manner.
  • Provide analytical reports in all areas of the credit union to the leadership team.
  • Manage 3rd party relationships that are related to all responsible areas.
  • Develop, maintain, and ensure adherence to all written procedures necessary to create consistencies in all operations under the areas of responsibility.
  • Initiate, develop and lead projects that are related to the areas of responsibility.
  • Prepares reports as requested by the Board or the CEO/CFO.  Inform CEO/CFO of all operations, conditions, and influencing factors.
  • Support fully the credit union culture as established by the CEO.
  • Actively support and promote WyHy core values, mission and vision statements, and staff commitment.
  • Other duties as assigned by the CEO/CFO.

Supervisory Functions

  • Support Accounting Department and any 3rd party partner.
  • Set accounting department and individual accounting staff member goals.
  • Manage the accounting staff, to include staffing, scheduling, workflow, supervision, performance management and coaching.
  • Maintain positive energy within the department, with positive and timely customer service to internal and external customers.

Membership and Appointments

  • Member of Management Asset Liability Committee (MALCO).
  • Member of Asset Liability Committee (ALCO).
  • Member of Risk Management Committee (RMCO).
  • Member of Internal Compliance Committee (ICC).
  • Member of the Crisis Management Team (CMT).

QUALIFICATIONS

The requirements listed in this description are representative of the knowledge, skills, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions of the job.

Education and Experience

  • Bachelor’s degree in Finance and/or Accounting. Equivalent work experience may be substituted for educational requirements.
  • At least seven years’ experience in a credit union or other financial institution in accounting area. CMA/CPA can substitute 2 years of experience,
  • Five years or more experience at a supervisor/manager level

Preferred Education and Experience

  • Advanced degree in finance or accounting.

Competencies

  • Financial Management
  • Financial Forecasting & Budgeting
  • Performance Management
  • Problem Solving/Analysis
  • Technical Capacity
  • Member Focus & Advocacy

Knowledge and Abilities

  • Excellent verbal and written communication skills.
  • Proven ability to lead, coach, motivate and mentor others.
  • Professional, well-developed interpersonal skills.
  • Excellent member service skills.
  • Strong analytical, problem-solving and decision-making skills.
  • Excellent organizational skills and attention to detail.
  • Ability to work effectively in a fast-paced environment with an ability to multi-task.
  • Excellent time management skills and a proven ability to meet deadlines.
  • Excellent computer skills, particularly Microsoft 365.
  • Advanced mathematical skills
  • Knowledge of generally accepted generally accepted accounting principles (GAAP).
  • Knowledge of operational practices, accounting, management techniques, leadership, technology, project management, and human resource techniques required.
  • Strategic mindset.
  • Proven project management skills.
  • Extensive knowledge of the Credit Union movement preferred.
  • Working knowledge of Federal Credit Union laws, bylaws, and regulations preferred.

Position Requirements

  • Core operating hours of 8:00 a.m. to 5:00 p.m. MT, Monday – Friday. May require occasional travel, sometimes overnight, as well as after-hours functions.
  • Requirement to be bonded. Successful background check including personal credit report and criminal record.
  • Maintain an active community presence via volunteerism, social, trade and credit union organizations, etc.