Vice President Of Accounting
HT Staffing (East/Tyler/Beaumont, Texas)

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Responsible for directing, coordinating, maintaining, and controlling an accounting system that properly reflects the financial position of the Credit Union.  Monitors Department policies and procedures and recommends improvements.  Oversees budgeting, general ledger, accounts payable and receivable, risk management, asset and liability management, capital expenditures, and the investment of Credit Union assets. Ensures the accurate internal and external recording and reporting of financial transactions to state and federal regulatory agencies.  Ensures that accounting activities are in compliance with established legal, regulatory, and Credit Union procedures. Assigns, directs, and appraises accounting staff.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

1.             Assumes responsibility for the development and implementation of effective accounting and ALM strategies, policies, and procedures.

a.             Developes short and long-run goals and objectives for the Accounting Department.

b.             Develops and implements operational plans, policies, and procedures for the Department which further Credit Union objectives.

c.             Continually evaluates established policies and procedures and recommend updates as necessary.  Ensures that policies are in accordance with evolving regulations, legal requirements, and industry trends.

d.             Supervises the development and implementation of financial information and control systems, including general ledger, budgeting, cost allocation, mortgage accounting, and other subsystems.

e.             Periodically reviews management's information needs and modifies the reporting systems as needed.

f.              Evaluates interest rate risk exposure and sensitivity, and developes alternate strategies in compliance with ALM policy.  Performs investment simulation analysis.  Develops the monitoring process and analytical tolls to ensure successful implementation of ALM strategies.

g.             Ensures effective management of liguid assets.  Manages the short-term investment portfolio and borrowing to ensure that adequate liquidity is available to meet withdrawal demands, loan growth and other investments.  Oversees buying and selling of short-term funds and securities.

h.             Manages the portfolio of funds in excess of liquidity requirements.  Ensures that funds are in dafe and profitable investments that comply with the Credit Union policies.  Reports investment activity to the ALCO Committee each month.

2.             Assumes responsibility for effectively managing Credit Union risk.

a.             Establishes appropriate goals and objectives for various risk categories including credit volume, interest rates, liquidity levels, and pricing structures.

b.             Identifies and measures the effect of related risk factors on the Credit Union.

c.             Ensures the implementation of strategies, policies, and procedures to protect Credit Union assets.

d.             Assists Senior Management in evaluating and determining risk levels.

3.             Assumes responsibility for the effective preparation, maintenance, and reporting of internal and external financial records and analyses.

a.             Oversees development and preparation of daily, monthly, annual, and other periodic financial statements and reports.  Ensures that accounts and reports provide responsibility centers with adequate operating and financial data.

b.             Ensures that records and reports are in accordance with generally accepted accounting principles and government regulations.

c.             Ensures that external document submissions and filings are accurate and timely.

d.             Coordinates audits of financial records and statements.

e.             Oversees the preparation of budgets.  Assists in establishing operation budgets for each responsibility center.

f.              Performs and oversees special studies for management, such as cost analyses, ratio and trend analyses, and other comparative examinations.  Detects and analyzes trends in financial data.

g.             Prepares reports and analyses of departmental and store operations and performance.

4.             Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and management.

a.             Aids and advises store and department managers in handling accounting entries and reports and various comparative analyses.

b.             Coordinates functions with other departments.  Interfaces with Information Technology in the development and implementation of efficient accounting procedures consistent with new information technology applications.

c.             Assists and supports Credit Union personnel.  Responds to questions and information needs.

d.             Keeps management informed of area activities and of any significant problems.

e.             Attends and participates in meetings and committees as required.

5.             Effectively supervises the Department staff, ensuring optimal performance.

a.             Provides leadership to Department peronnel through effective objective setting, delegation, and communication.  Conducts regular staff meetings.

b.             Selects and trains personnel.  Analyzes training needs and develops programs to meet them.

c.             Conducts performance appraisals as required.  Formulates and implements corrective actions as needed.

d.             Directs, schedules, and coordinates Department functions.

e.             Provides support and assistance to Department personnel as needed.

6.             Assumes responsibility for establishing and maintaining effective business relations with vendors, outside auditors and regulators, and with professional trade groups.

a.             Serves as a liaison between the Credit Union and external auditors and state and federal regulatory authorities.

b.             Represents the Credit Union with various trade professionals and groups.

c.             Ensures that the Credit Union’s professional reputation is maintained.  Ensures that appropriate levels of confidentiality are maintained. 

7.             Assumes responsibility for related duties as required or assigned.

a.             Stays informed of trends and changes in the accounting, mortgage servicing, construction, secondary markets, and tax fields.

b.             Completes special accounting projects as assigned.

c.             Ensures that Department work area is clean, secure, and well maintained.

PERFORMANCE MEASUREMENTS

1.             Financial and accounting statements, records, and reports are accurate and timely.  Management is provided with useful and informative reports and data.  The Credit Union’s financial position is accurately conveyed.

2.             The Credit Union’s financial performance meets or exceeds established goals.

3.             Appropriate department policies and procedures are developed and updated as needed.

4.             Department functions are conducted in accordance with established principles, standards, and legal requirements.

5.             Credit Union assets are safeguarded and preserved.

6.             Department personnel are effective and efficient.

7.             Positive business relations exist with business contacts, auditors, government officials, and trade professionals.

8.             Good coordination and effective working relations exist with other departments.  Assistance is provided as needed.

QUALIFICATIONS

Education/Certification:            Bachelor’s degree in accounting.  Advanced degree and CPA and/or CMA are preferred. 

Required Knowledge:  Thorough knowledge of financial and accounting practices and procedures.

                                                                Understanding of governmental regulations and reporting requirements. 

                                                                Familiarity with related auditing and information services functions.

                                                                Understanding of Credit Union operations and information needs.

Experience Required:   Seven to ten years of related progressive experience, preferably in a financial environment.

                                                        Significant supervisory experience required.

Skills/Abilities:                      Strong communication abilities.

                                                        Solid organizational skills.

                                                        Excellent analytical abilities.

                                                        Solid supervisory skills.

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability:                       

Ability to apply logical or scientific thinking to a wide range of intellectual and practical problems.  

Able to deal with very difficult concepts and complex variables.

Mathematics Ability:      

Ability to use advanced algebra, exponents, logarithms, linear equations, quadratic equations, mathematical induction and binomial

theorem, permutations, calculus, and/or analytic geometry. 

Able to perform basic statistical calculations including frequency distributions, reliability and validity of tests, normal curve, analysis of

variance, correlation techniques, chi-square application and sampling theory and factor analysis.

Language Ability:                          

Ability to read scientific and technical journals, abstracts, financial reports and legal documents.

Ability to prepare articles, abstracts, editorials, journals, manuals, and critiques. 

 Ability to prepare and make comprehensive presentations, participate in formal debate, communicate extemporaneously, and

professionally communicate before an audience.

CPA or CMA required

Contact:

Cynthia Buckles

Regional Manager

HT Staffing

409.898.8449

cynthia.buckles@htstaffing.com