Director of Accounting
New Yesterday
Company Description
Ent Credit Union exists to improve the financial quality of life of the people we serve. This mission drives us every day, but we are more than our mission. We're also individuals using our unique abilities to make our organization, and the communities we serve, better than they were yesterday. We're a not-for-profit that puts people above profits and actively invests in our community. Our rapidly growing team is expanding our reach to serve more people throughout Colorado. To spread our mission far and wide, we need people like you. If you're interested in a paycheck with a purpose, apply with us today. Our people make the difference, and we truly believe you are our greatest asset.
Job Description
The Director of Accounting is responsible for the oversight of the day-to-day operations of the Accounting Department to include the management of assigned subordinates. The Director of Accounting assists in ensuring relevant Credit Union initiatives receive appropriate support from an accounting perspective to include new and enhanced products and services, system conversions and upgrades, mergers and acquisitions, accounts payable and other expenditures. Responsibilities include the assisting with the development and maintenance of the accounting and general ledger infrastructure to support the recording of financial transactions in compliance with GAAP and regulatory requirements. The position requires a solid understanding of cross-functional areas to include products and services offered to insure the proper accounting treatment of financial transactions. The Director of Accounting is responsible for remaining current with changes in accounting pronouncements and regulatory issues to assess the impact on the Credit Union's accounting processes. The Director of Accounting must be intensely familiar with Generally Accepted Accounting Principles (GAAP), pronouncements and statements issued by the Financial Standards Accounting Board (FASB), and the National Credit Union Administration (NCUA) Rules and Regulations. In addition, the Director of Accounting works closely with the Finance department regarding the impact of accounting processes on the Credit Union's financial statements preparation, budget, and Asset Liability Management functions. The Director of Accounting oversees a staff of accounting professionals and is ultimately responsible for staff training, development, work quality and production of department personnel. The Director of Accounting is responsible for implementing cost and time-saving processes to ensure maximum efficiency of the Accounting Department.
Essential Functions
Accounting Department Daily Functions / Optimization: Manage and monitor the Department's daily activities to ensure department work quality and standards are maintained. Ensure any exceptions are researched and resolved effectively. Review accounting processes for effective efficiencies, initiating and implementing process improvements as needed. Provide inter-department accounting support for credit union initiatives, serving in an advisory capacity on various project teams. Manage and monitor the month-end process for producing the monthly financials including analytical review of the General Ledger variances. Review the General Ledger reconcilements for accuracy and completeness, and proper classification of outstanding items, including sign-off indicating management review. Manage the composition and maintenance of all department procedures including maintaining the department's business resumption activities. Search for tools and methods to increase organizational efficiencies and implement solutions to that end. Provide inter-department accounting support for credit union initiatives, serving in an advisory capacity on various project teams. Manage and monitor the month-end process for producing the monthly financials including analytical review of the General Ledger variances. Review the General Ledger reconcilements for accuracy and completeness, and proper classification of outstanding items, including sign-off indicating management review. Manage the composition and maintenance of all department procedures including maintaining the department's business resumption activities.
Accounting Strategy Formulation / Implementation / Special Projects: Research, develop, recommend, and implement accounting processes to support credit union products and services, system conversions, upgrades, mergers and acquisitions, and other strategic initiatives directed by Senior Management. Responsible for department budget. Assist other functional areas during the enterprise-wide annual budget process with understanding financial activity within their cost center. Serve on or liaise with various committees as assigned, including but not limited to Risk Committee, Data Governance, Tax QA, etc. Other related accounting duties include participation in regulatory reporting, and interacting with internal and external auditors, and examiners.
Staff Alignment / Team Development: Provide supervision, training, cross-training, cross-coverage, and support to the Accounting Department staff. Monitor employee performance and provide ongoing feedback and coaching to assigned subordinates. Compose and deliver staff performance evaluations. Working with cross-functional staff and colleagues, evaluating staff workload distribution, and staff assignments, and making recommendations to Management for changes or reassignments as the Credit Union grows and changes.
Real Estate Holdings Oversight: Manage and monitor full-cycle lease administration. Enter abstracted lease information into the lease administration software program. Critical date management, lease payment administration, security deposits, tenant improvement allowance collection, and lease decisions with senior Management. Manage the lease portfolio to ensure that renewals are done on a timely basis and that no option dates or lease expirations are passed without review/approval. Assure that all lease payments are paid timely and accurately. Prepare and post all ASC 842 lease accounting entries. Assist in the preparation of various reports, including quarterly construction and lease commitment obligations, annual audit disclosures, and various reporting as requested by executive management and the Board of Directors. Assist with annual budgets relating to lease expenditures. Provide other reports as requested in a timely and consistent manner. Undertake special projects as directed.
Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Qualifications
Minimum Formal Qualifications for this Position
Bachelor's Degree in Accounting / Finance.
Master's Degree in Accounting / Finance. preferred
8+ years' experience in the accounting or finance field to include: Required
3+ years' supervisory experience Required
1+ years' Credit Union accounting management experience with experience in completing regulatory reports. preferred
Technical or Specialized Knowledge/Skills:
Advanced communication, organizational, and customer service skills, to interact constructively with all levels of staff and management, external auditors, and examiners.
Ability to independently analyze complex accounting transactions and general ledger variances.
Ability to make rational, independent business decisions using a high level of common sense.
Solid understanding of credit union or bank products and services to assess impact of accounting implications to include accruals, deferrals, and contingent liabilities.
Working knowledge of Microsoft Excel, Word, and Outlook. Literacy in the use of personal computer applications and ten-key is necessary.
Advanced understanding of Generally Accepted Accounting Principles (GAAP).
Remain current with statements issued by the Financial Accounting Standards Board (FASB) to assess impact to accounting processes and ensure compliance with Generally Accepted Accounting Principles (GAAP).
Remain current with NCUA Rules and Regulations as they pertain to the accounting function of the Credit Union.
Properly account for and ensure the timely payment of credit union expenditures.
Ability to manage and prioritize multiple tasks and changing assignments.
Ability to manage a high level of detail with absolute accuracy and ability to employ common sense.
Ability to write with logical clarity to produce formalized documentation for assigned processes and duties.
Ability to supervise assigned staff members, assist in their development and training, and assess their strengths and weakness. Provide appropriate feedback and make recommended changes for staff assignments.
Proven situational leadership skills and the ability to motivate individuals across all levels of the organization.
Certifications Required:
Cert Public Accountant (CPA) Upon Hire required
Environmental, Physical and Psychological Requirements
Standing - Occasionally
Walking - Occasionally
Sitting - Frequently
Lifting - Rarely (40 Lbs)
Carrying - Rarely
Pushing - Rarely
Pulling - Rarely
Balancing - Rarely
Stooping - Rarely
Kneeling - Rarely
Crouching - Rarely
Crawling - Rarely
Reaching - Occasionally
Handling - Occasionally
Grasping - Occasionally
Feeling - Occasionally
Talking - Frequently
Hearing - Frequently
Repetitive Motions - Frequently
Eye/Hand/Foot Coordination - Occasionally
Noises louder than normal speaking volume - Occasionally
Temperature Changes - Rarely
Atmospheric Conditions - Rarely
Additional Information
The pay range for this position is: $149,406 to $165,131 per Year (S19)
Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity.
This position is eligible for our corporate bonus program based on company performance.
At Ent Credit Union, we offer a comprehensive benefits package, including:
Health Benefits: Affordable insurance, 24/7 doctor access, and a nationwide provider network.
401(k): 3% automatic contribution after three months, plus up to 6% matching.
Paid Time Off: During your first year, enjoy 16 days of paid time off (PTO) plus 9 paid holidays. And it grows from there.
Volunteer Time Off: Paid time off to give back to the community.
Education Support: Up to $10,000 annually for higher education and assistance for certifications.
Exclusive Discounts: Significant savings on home, car, and personal loans.
For more information about our outstanding benefits please visit our careers page at www.ent.com/careers.
We anticipate this position to close on 10/31/2025. Please submit your application at your earliest convenience to be considered.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.
- Location:
- Colorado Springs
- Job Type:
- FullTime