SENIOR ACCOUNTANT

Company: Patelco Credit Union
Location: Dublin
Posted on: November 8, 2024

Job Description:

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 Senior Accountant is responsible for operational accounting and controls and General Ledger (GL) account reconciliations supporting the Finance team at Patelco Credit Union.

In this role, responsibilities for the Senior Accountant include, but are not limited to being a subject matter expert for GL account reconciliations and recording of day-to-day operational transactions, preparing specialized reports and analyses; developing accounting procedures and controls; business process re-engineering and providing leadership and assistance to less experienced accounting staff.

This Senior Accountant in this role performs complex tasks requiring advanced professional experience, knowledge and competency in accounting principles and practices. This position requires an organized, technically proficient accountant with an analytical mind and learning agility. They will possess the ability to utilize critical thinking, discretion and judgment on assignments that are varied, diverse and difficult in nature. Success in the role requires embracing, and meeting, the changing needs of the department, along with building effective relationships and credibility across the organization.

Responsibilities

• Ensure appropriate technical accounting is applied to recording Patelco's products and services under accounting standards codification and/or regulatory requirements.
• Perform varying month-end close tasks, such as operational entries as well as perform variance analysis and interact with business partners to resolve and document variances, and validation of transactions and balances in accordance with audit and internal control techniques.
• Effectively describe accounting processes and controls with external and internal auditors, and provide supporting documentation as requested
• Prepare financial analysis and schedules in response to management requests, including summary schedules appropriate for senior level audience
• Assist in the preparation of technical accounting memos providing documentation of the company's application of accounting principles to specific transactions.
• Analyze daily and monthly general ledger transactions
• Create and update standard of procedures, process flowcharts and documentation of significant processes.
• Interact and partner with other Patelco teams and provide strong consultation feedback as it relates to accounting matters
• Prepare high-volume/complex GL account reconciliations ensuring appropriate support and resolve out of proof conditions.
• Perform review and approval on GL account reconciliations,
• Ensures appropriate reserves and write-offs are completed for aged reconciling items in accordance with policy
• Identify, communicate, and assist in implementing opportunities for process improvements and efficiency gains
• Contribute to automation efforts of reconciliations processes through implementation of technology solutions (ex: BlackLine) and project management
• Assess and make internal control recommendations to reduce financial statement risk
• Multi-task priorities in a fast-paced work environment and meet deadlines
• Identify inefficiencies, opportunities to streamline business processes, and implement change
• Lead and collaborate to execute with a results-orientation
• 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.
• Perform other duties as assigned Qualifications
  • A self-starter with effective problem-solving skills to identify and correct financial discrepancies
  • Specific experience in advancing reconciliations controls, processes, and efficiencies in prior role (s).
  • Working knowledge of general ledger, reconciliation, and cash disbursement platforms.
  • Strong analytical skills to extract and synthesize complex analytical findings
  • Excellent verbal, written, and interpersonal communication skills
  • Excellent PC skills (Word, Project, Power Point, Access, etc.); advanced Excel skills
  • Proficient in SQL (Snowflake, SQL Server, etc.)
  • Bachelor's Degree in accounting, Master's degree desired
  • 7+ years' accounting in one or a combination of internal/external audit, operational accounting, or internal controls experience
  • Strong understanding and hands-on experience applying Generally Accepted Accounting Principles (GAAP), and Accounting Codification Standards and internal controls.
  • Financial institution experience preferred
  • Public accounting or audit experience is a plus
  • Ability to execute in a fast-paced, high-demand, environment while balancing multiple priorities
  • Located at Dublin, CA headquarters
  • • Hybrid - 3 on-site days per week Target Base Pay
      
      $86,753 - $108,439
      
      Compensation at Patelco
      
      Please 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 Offer
      
      Physical 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
                
                IND123

Keywords: Patelco Credit Union, Folsom , SENIOR ACCOUNTANT, Accounting, Auditing , Dublin, California