Job details

Director, Accounting and Financial Reporting

The Director, Accounting and Financial Reporting directs a team of accountants and managers, responsible for managing complex accounting and financial processes, account reconciliations, administration of First Tech’s Oracle Enterprise Resource Planning (“ERP”) and Enterprise Performance Management (“EPM”) systems, financial reporting, treasury and tax activities.

Here's what you can expect from the job and what you need to be successful:

Job Duties

Provide oversight and direction to accounting and financial close processes, including consolidation of financial statement and related information and deployment of required system changes with short timeframes with a focus on accuracy and quality. Consistently analyze, measure and track department performance
Review and ensure financial statements produced are consistent with Generally Accepted Accounting Principles (“GAAP”), including reporting and communicating to leadership all identified accounting corrections. Ensure variance explanations analysis is accurate and presented in the financial statements monthly close calls
Coach a team of high-performing and engaged employees through effective people leadership practices, including regular communication of performance expectations and feedback to employees to maintain high team performance and engagement; provides coaching and corrective action as required; engages employees to support employee professional growth and identify areas of development
Manage the preparation of external financial reporting and call report to ensure timely completion and compliance with GAAP or with National Credit Union Administration (“NCUA”) Call Report instructions
Maintain and identify newly required processes and procedures to ensure effective ongoing business controls and accounting data integrity
Partner and serve as a point of contact for auditors and regulators to fulfill audit requests. Supports a culture of safety and soundness by demonstrating strong audit compliance
Perform research, interprets, and implements technical accounting topics and maintains accounting operations policies that are consistent with GAAP or to address new accounting transactions
Assist with monitoring activity of the Financial Accounting Standards Board (“FASB”) and NCUA call report instructions to identify the potential impact of new pronouncements and reporting requirements
Maintain and enhance internal and external business relationships to ensure alignment with business and department priorities and to ensure effective cross-departmental communication and a strong Sarbanes Oxley internal control environment
Create and deliver executive-level presentations reporting results and/or propose changes in operations, processes and programs
Manage operations of the team to ensure timely completion of daily, monthly, quarterly and annual close activities and ensures appropriate workload balancing and cross-functional coverage
Review reconciliations and financial statements to ensure compliance with GAAP and internal policies
Identify and implements process improvements to advance efficiencies or reduce exceptions in reconciliations
Partner and actively collaborate with leaders in businesses, channels and functions to ensure the team is provided with the support needed from other departments while resolving complex reconciling items, technical accounting issues and deploying new products or processes
Initiate and lead meetings by setting an agenda, identifying topics of discussion, documenting action items and ensuring action items timely completion
Monitor and as needed, build mechanisms to establish and manage financial controls (e.g. segregation of duties, periodic contingency reviews, organization self-audits, balance sheet reviews, criteria for determining acceptable risk)
Provide system oversight and maintenance of the Oracle ERP and EPM environments, including new functionality or reporting is adopted in a timely manner and without exceptions. Identifies opportunities for improved efficiencies or increased business value
Manage performance of other tasks which may include a subset of: treasury operations activities and tax return preparation and remittance

Essential Skills

Minimum 8 years’ experience in full-cycle accounting, including 5 years managing an accounting department for a mid to large size organization, preferably in the financial services industry; experience working with a Big 4 public accounting/audit firm
Advanced knowledge of GAAP and experience researching, evaluating and assisting with implementing new accounting analyses and methodologies consistent with GAAP. Ability to perform technical accounting research on particular business topics and provide recommended actions
Demonstrated experience in using or applying technology to analyze data and improve accounting/business processes that create reconciling exceptions or financial loss
Experience in fostering internal and external business partnerships to ensure alignment with business priorities and to achieve successful cross functional communication
Proven people management and development skills, adept at providing frequent and valuable performance feedback to develop, motivate and empower employees to perform their best
Strong experience delivering executive-level presentations to report results or proposed changes. Able to articulate complex concepts while tailoring the message to different audiences including senior leaders and other departments
Experience applying influencing skills to accomplish personal, team and First Tech initiatives while adapting to varying leadership styles, driving action and creating win-win outcomes
Strong experience preparing and reviewing financial statements and related footnotes
Strong knowledge of automated financial planning, reporting, and accounting systems
Ability to identify and prioritize strategic plans and processes required to implement long term team goals and ensure team planning aligns with Credit Union goal.
Advanced knowledge of financial and accounting policies, internal controls, and procedures
Advanced knowledge of project management skills to review, communicate and present action plans. Use project management skills to initiate, manage and complete projects
Strong knowledge to organize, analyze and interpret data to explain complex irregularities or financial trends
Strong experience in using data to provide insights and make business recommendations or process improvement
Advanced knowledge with automated financial planning, reporting, and accounting systems. Experience with maintenance and support of Oracle ERP general ledger and EPM financial system or equivalent platform, preferred
Advanced knowledge of Microsoft Office Suite; advanced knowledge of Excel and PowerPoint; Some knowledge of Microsoft Visio and process flow diagrams
Knowledge of treasury cash management execution functions as well as state and local taxes, including property taxes, back-up withholding, etc.
Minimum Education: Bachelor’s degree in Finance, Accounting, or Business Administration required. Masters Business Administration is strongly preferred
Certification/License: CPA preferred

Location: Hillsboro, OR 97124 | (HYBRID)

Target Compensation in Hillsboro, OR: $145k - $160k annually + annual bonus

Benefits options include:

Traditional medical, dental, and vision coverage
401K matching up to 5% per pay period
Accrue up to 17 days of Paid Time Off your first year of employment
11 paid federal holidays
Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

What makes First Tech different? Click here to learn more!

First Tech is not currently offering Visa transfer/ sponsorship for this position

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By First Technology Federal Credit Union

Established in 1952 and headquartered in San Jose, California, First Tech Federal Credit Union is a not-for-profit banking and financial institution. The bank offers a range of financial services including personal and business checking, savings, ...

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FUNDING

Other

DEPARTMENTS

Accounting

SENIORITY LEVEL REQUIREMENT

Senior

INDUSTRY

Credit Unions, Not Federally Chartered

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