Director, Accounting & Financial Reporting

This role reports to the Controller and provides leadership and oversight of the Credit Union's accounting and financial reporting function. The role is responsible for the accurate, timely, and compliant execution of financial close, financial statement preparation, regulatory reporting, accounting policies and procedures, and related financial reporting processes.

The Director serves as the primary technical accounting and financial reporting advisor, providing research, analysis, recommendations and implementation support for complex accounting matters, new products and transactions, accounting standards, and financial reporting requirements. The role leads accounting process improvement, control effectiveness, automation, and financial reporting initiatives while identifying opportunities to reduce risk, improve efficiency, and enhance scalability.

The Director develops and leads a high-performing accounting and financial reporting team and partners with cross-functional leaders and senior leadership to translate complex accounting and financial matters into clear business implications and recommendations.

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

• Exercise administrative judgment and responsibility for decisions, consequences, and results having an impact on the accounting department.
• Lead and develop a high-performing accounting and financial reporting team by establishing clear accountability, performance expectations, development opportunities, and succession plans.
• Partner closely with the Controller and senior leadership on accounting strategy, financial reporting, complex accounting matters, regulatory reporting requirements, audit activities, risk management, and enterprise initiatives.
• Accounting & Financial Reporting
• Monitor and analyze department work to develop proper internal controls, more efficient procedures, and the use of resources, while maintaining a high level of accuracy and completeness.
• Ensure the accuracy and timeliness of the preparation of internal and external reporting requirements, assigned analysis, and projects.
• Lead the accounting processes and controls that support accurate, complete, and timely financials in accordance with GAAP and applicable state and federal regulatory requirements.
• Provide accounting information and recommendations to strategic plans and financial reviews, ensuring accuracy and timeliness.
• Resolves non-routine accounting concerns for department and other key stakeholders by researching and interpreting accounting policy, applying observations and recommendations to operational issues, and ensuring compliance with GAAP.
• Serve as the primary technical accounting subject-matter expert for the accounting function and provide recommendations to the Controller and senior leadership regarding complex transactions, new products, emerging accounting standards, and non-routine accounting matters.
• Confirms financial status by coordinating the collection, consolidation, and evaluation of financial data.
• Lead and continuously improve the financial close process, establishing appropriate timelines, controls, review procedures, and accountability to ensure accurate and timely financial reporting.
• Develop and maintain accounting policies and procedures and lead the implementation of new accounting standards and methodologies.

• Lead the design, execution, monitoring, and continuous improvement of accounting and financial reporting controls to support the completeness and accuracy of the financial statements.
• Lead the preparation and review of assigned regulatory financial reporting and provide oversight to ensure accuracy, completeness, timeliness, and compliance with applicable requirements.
• Support the organization in maintaining an effective financial reporting control environment and responding to internal audit, external audit, and regulatory examination matters.

• Work within accounting, finance, and other departments to identify period variances to budget and forecast, and work closely to improve budgeting and forecasting for both routine and ad hoc accounting matters.
• Partner with Finance and business leadership across the organization to explain financial results, identify significant variances, and provide accounting insight that supports budgeting, forecasting, and strategic decision-making.
• Analyze economic, business, and financial…