Alliant Credit Union

Manager, Accounting

Start a Rewarding Career with Alliant:

The incumbent in this position is responsible for overseeing and managing the transaction processing and reconciliation area of the Accounting and Financial Reporting department. Work involves managing and coordinating the workflow of the teams, working with other internal departments on transaction processing and reconciliation efforts, process improvements, automating processes, improving efficiency, establishing and maintaining policies and procedures to ensure controls are in place and enforceable. The incumbent is also responsible in ensuring that all supporting accounting activities are in accordance to GAAP and regulatory compliance standards.

Resources to do the job require reliance on knowledge of all processes related to operational accounting, reconciliation procedures, and management experience. Incumbent is also charged with managing, coaching and developing team to drive performance management, retention and talent recruitment. Direction and guidance is received from Vice President of Accounting.

Responsibilities:

Transaction Processing:

• Coordinates and has ownership of the accounting and finance group activities related to the processing of vendor invoices and employee expense reimbursements. Responsibilities include but are not limited to review of items entered for payment and related receipts if applicable, ascertaining appropriate description, GL account, cost center and approvals are received and recorded. Leads transaction processing team in completion of the disbursement process for payments to third party vendors and employees. Assigns routine work to Accounting Clerk and provides specific substantive evaluation of work performed.
• Responsible for facilitating preparation and review of annual Form 1099-MISC reporting process with information technology group and maintaining the W-9 process for new vendors. Responsible for facilitating preparation and review of all Sales and Use Tax returns. Coordinates the facilitation of the annual unclaimed property process.
• Communicates and interacts with internal customers to facilitate processing activities including identifying issues and solutions. Assists in developing and updating processes and policies regarding payment processing and related documentation.
• Responsible for approval and verification of various daily postings completed by transaction processing team. Provides oversight and input for Official Check activities.

Reconciliations:

• Proactively identifies and implements automation/technology interface opportunities for purposes of reconciling account activity. Includes working with other internal departments to maintain the integrity of the financial statements and processes affecting them, assisting with testing new products/initiatives that affect the account reconciliation processes. Coordinates workflow and manages employees in the operational/reconciliation accounting area.
• Assists with external and internal audit activities which impact the operational/reconciliation accounting group, in addition to examinations by the NCUA, Illinois DFPR or other regulatory agency requests.

Close Processes:

• Provides support to Vice President of Accounting and AFR team with month end and year-end close processes. Provides support in general ledger maintenance and efficiency.
• Performs monthly expense analysis during monthly close process to review and evaluate expense fluctuations, and provides reasonable assurance that proper accruals have been recorded.
• Responsible for preparing and/or review of monthly accounts payable accrual entries. Ensures proper cut-off procedures are utilized for reporting purposes.

Personnel Management:

Responsible for coaching and developing the establishment of goals and objectives for Accounting Clerk and Staff Accountants, performance management, consistent feedback and re-direction, and establishing and executing development plans.

Project Management:

Leads projects or represents Accounting and Financial Reporting department on tactical initiatives, as assigned by the Vice President of Accounting, and proactively ensures that issues related to business function are addressed, including development of a project plan with expected time requirements and objectives.

Operates a variety of office equipment such as fax, copier and personal computer. Works frequently with Excel and Word.  

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

Qualifications:

• Completion of an Associates degree and three to five years of accounting experience; or an equivalent combination of training and experience.
• Financial institution experience preferred.
• Position requires detail-orientation and excellent communication skills.
• Must be focused and process-oriented.
• Intermediate skills in Excel and Word required.  
• Position requires incumbent to make final decisions regarding payment of invoices, employee expense reports, ensure accurate monthly expense accruals and to also approve execution of various member financial transactions.

Alliant Credit Union is proud to be an EEO/AA employer.