About Patelco Credit Union Patelco Credit Union is a not-for-profit credit union with a purpose to build financial health and wellbeing for our members. Since 1936, Patelco has grown from $500 in assets to over $9 billion in assets and is the 7th largest credit union in California with branches throughout Northern California.
We are here for our members throughout all their stages of life. Meeting them with the products and services to help them plan purposefully for their futures and to secure our life-long partnership as their trusted financial advocate. As one team, we are all committed to delivering service, empowering financial literacy, creating products, and providing new technology for our members.
We believe that work should be rewarding, challenging, and enjoyable. We’re dedicated to creating a positive and supportive culture where our team members can thrive. If you’re looking to use your skills and knowledge to make a difference in our members’ lives, Patelco could be the perfect fit for you.
Overview The Accounting Operations Manager is responsible for establishing and leading the strategic direction and objectives for general accounting operations, ensuring the accuracy and integrity of financial reporting in accordance with Generally Accepted Accounting Principles (GAAP) along with acting as the cornerstone to an effective system of internal controls over financial reporting. This is achieved at Patelco Credit Union through a team of professional-level staff.
Reporting to the VP, Controller, the Accounting Operations Manager serves as a leader with responsibility for efficient, sustainable, and scalable accounting operations to support and deliver value to members and the overall Patelco organization. The successful Accounting Manager builds and maintains a high-performing team, demonstrates leadership and partnership relationships within and across the Credit Union. This leader works closely with key stakeholders to develop and manage a vision by efficiently utilizing and managing resources to enable effective accounting operations that improves our controls and mitigate risks and enables more accurate financial statements for Patelco.
ResponsibilitiesOversight and leadership of the daily accounting operations to ensure in accordance with GAAP including, but not limited to the following functions:
- General ledger transactions, exceptions, clearing items
- Fixed assets, leases, accruals, cash, investments, loans, shares, borrowings, benefits,
- Revenue and expenses and balance sheet variance analysis
- Develops and manages processes to ensure GL account reconciliations are performed consistently, timely, accurately, and with identification of reconciling items
- Ensures Reconciliations Checklist is completed on monthly basis - including documentation and support for Preparer and Approver sign-offs, along with appropriate buckets for aged reconciling items
- For some GL accounts, ensures identification and monitoring of aging of reconciling items and develops status reporting regarding aged items
- For some GL accounts, ensures appropriate reserves and write-offs are completed for aged reconciling items in accordance with policy
- Provide leadership in month-end (and quarterly and year-end) processes, interacting with cross-functional teams and providing guidance for general accounting and operational practices.
- Assist with internal and external audits, providing supporting documentation as requested as well as improving systems and procedures in response to management recommendations.
- Ensure internal controls are in place, properly documented and executed with respect to accounting and financial reporting activities. Make recommendations regarding financial issues and internal controls, including assisting credit union-wide with operational accounting issues.
- Collaborate with leaders within Finance and across Patelco to provide the proper accounting treatment and impact analysis to make critical business decisions.
- Establish cross-enterprise relationships with FP&A, Treasury, Accounting Operations, and other groups as work toward company-wide expected outcomes.
- Owns the BCP for Accounting and Controller Team.
- Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
- Provide ongoing coaching, mentoring, and training to develop and encourage employee performance. Meet with staff on a timely basis for the purpose of conducting performance reviews.
- Energize team members to achieve timely and accurate results’ set expectations and empower others to problem solve.
- Use technology to enhance the timeliness and quality of deliverables.
- Demonstrate good judgment; facilitate successful and appropriate solutions.
- Effectively communicate internally and externally; develop communications and presentations for senior management, committees, regulators, and auditors.
- Identify inefficiencies, opportunities to streamline business processes, and implement change.
- Apply knowledge and experience to develop solutions in partnership with leaders across the credit union.
- Perform other duties as assigned
- Understand and comply with all applicable federal and state laws and banking regulations (including those related to OFAC and Bank Secrecy Act / Anti-Money Laundering compliance) and Patelco Credit Union's policies and procedures.
Qualifications- Bachelor’s Degree in accounting or finance is required with MBA, CPA preferred
- 7+ years of accounting / finance experience, including thorough knowledge of US GAAP, includes 3 years of experience in handling complex GL account reconciliations
- 3+ years of management / people leadership experience.
- Excellent management skills with the ability to develop team members and build relationships across the organization.
- Financial institution experience (i.e., credit unions) preferred.
- Strong verbal and written communication skills, including the ability to communicate complex issues / ideas with clarity and implications to credit union strategy and value creation.
- Strong knowledge of and experience working with US GAAP, general ledger accounting, account reconciliations, and financial reporting.
- Extensive experience with enterprise accounting systems (working knowledge of Prologue a plus).
Target Base Pay$112,160 - $140,201/ year
Compensation at PatelcoPlease note that the salary information is a general guideline only. Patelco Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
We OfferPhysical Health:
- Exceptional Medical, Dental, Vision, and Life Insurance benefits
- Onsite fitness center at HQ and rewards for completing wellness related activities
Financial Health:
- Competitive compensation packages with bonus opportunity
- 401(k) with 3% Safe Harbor and 5% employer match
- Discounts on loan products
- Tuition reimbursement
Emotional Health:
- Employee Assistance Program (EAP)
- PTO for part-time and full-time positions
- Paid holidays
Personal Development:
- On-the-job training and skills development
- Internal transfer opportunities for career growth
- Volunteer work
Flexible work arrangements available for specific positions
Patelco Credit Union is an Equal Opportunity Employer including individuals with disabilities and protected veterans
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