Assistant Controller

Description

WHEELHOUSE CREDIT UNION: 

Wheelhouse Credit Union was founded in 1934 to serve the City of San Diego employees as San Diego Municipal Employees Credit Union. Now 90 years later, we continue to be an integral part of the San Diego ecosystem, positively impacting the lives of our members, employees, community, and planet. We are San Diego Made, and proud. Our brand reflects our relaxed, approachable, and inclusive culture. We are a full-service, not-for-profit, financial institution with a steadfast commitment to eco-friendly initiatives.

JOB SUMMARY: 

The Assistant Controller will support the AVP of Finance & Accounting in managing the accounting operations of the Credit Union. The Assistant Controller completes broad-based accounting assignments requiring advanced knowledge of accounting theory and in compliance with general accepted accounting principles (GAAP). This person will supervise the Accounting Department, general ledger and bank account reconciliations, month-end close, financial statement preparation, and regulatory tax reporting. Ensure complete, accurate, and timely completion of financial records for the Credit Union. 

IDEAL PERSONALITY: 

The ideal candidate will be a self-starter who takes initiative, is analytical, is not afraid to ‘roll up their sleeves’, and operates with a sense of urgency. This individual will be trustworthy, detail-oriented, resourceful, and consistently curious, with a passion for learning and improving processes. A natural leader and proactive communicator, they thrive in a fast-paced and collaborative environment, adept at juggling multiple tasks with a positive attitude.

JOB RESPONSIBILITIES:

• Prepare periodic, month-end, and quarter-end closing entries to properly account for general ledger activities in the accounting system, core banking platform and other third-party systems. 
• Prepare fi nancial statements, management reports, and NCUA 5300 Call reports. Review and analyze fl uctuations and variances in balance sheet and income statement accounts. Streamline and improve the data collection and reporting process. 
• Assist in the monthly analysis of Current Expected Credit Losses (CECL) to include updating and validating data and preparing associated reports. Work with the AVP of Finance and Accounting to ensure analysis in compliance with GAAP and regulatory requirements. 
• Assist in certifying general ledger and bank account reconciliation prepared by Accountants.  
• Complete general ledger and bank account reconciliations and ensure the accurate and timely resolution of reconciling items. Research and correct discrepancies. 
• Assist the AVP of Finance and Accounting in monitoring and reporting the Credit Union’s financial performance, ensuring it is consistent with the Asset-Liability Management (ALM) policy. 
• Analyze the Credit Union’s liquidity position to ensure current and forecasted levels are within policy and adequately meet the day-to-day demands. 
• Oversee the Accounting team, providing leadership, mentorship, and performance management. Conduct performance evaluations, recommend compensation adjustments, and foster a culture of continuous learning and professional growth to ensure optimal team performance. 
• Participate in review and certification of employee payroll processing prior to and post submission. 
• Prepare and coordinate the preparation of Credit Union federal and state income and property tax returns, which include the 990 and 990T. Ensure the timely payment of all taxes. 
• Provide support for internal and external auditors, and regulators. Collect fieldwork data for audits and exams including, but not limited to confirmation letters, audit questionnaires, pro forma data and other audit schedules. 
• Assist in the development of the annual financial budget, ensuring strategies, goals, and adherence to ALM policy. 
• Assist in developing, documenting, maintaining, and improving policies, procedures, processes and internal controls related to operational and fi nancial accounting functions. Ensure process documentation and desktop procedures are accurate and updated timely. 
• Maintain effective communication and coordination with all Credit Union employees.

Requirements

• Bachelor’s degree in accounting, finance or a related field 
• Minimum of five years performing the accounting function for a financial institution is strongly preferred 
• Previous management and supervisory experience 
• Strong knowledge of GAAP and other accounting principles 
• Certified Public Accountant (CPA) certification preferred 
• Proficiency with Microsoft Office Products 
• Advanced Excel skills required 
• Demonstrate a thorough understanding of the Credit Union’s mission and vision, ensuring alignment with its values and objectives. Maintain strict adherence to confi dentiality, security protocols, and professional standards of conduct and attire at all times.

WHY WORK AT WHEELHOUSE CREDIT UNION? 

Wheelhouse Credit Union is a laid-back, San Diego made company that offers a supportive work environment focused on personal and professional growth. With a commitment to diversity and a positive workplace culture, Wheelhouse provides employees with the opportunity to thrive in a friendly and collaborative setting. The compensation range for this position is $80,000 - $93,500, plus a bonus potential. The offer will ultimately be determined by the candidate’s experience, knowledge and skills.