Teachers Federal Credit Union

Manager Accounting Operations

Hauppauge

FULL TIME

October 12, 2024


Join Our Team
For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.

Summary:
The Accounting Manager manages multiple accounting functions and operations. Implements accounting policies and procedures that adhere to governmental financial and tax regulations and comply with GAAP standards. Oversees monthly, quarterly, and annual accounting close processes for assigned areas. Evaluates accounting processes and systems and implements optimizations. Develops and directs accounting professionals and support staff.

Education and/or Experience:
  • Bachelor’s degree in accounting or finance required. CPA certification preferred
  • Minimum five years progressive accounting experience required
  • Big Four experience and/or Banking /financial service work experience preferred
  • Working knowledge of US GAAP and regulatory reporting required
  • Minimum two years supervisory experience
  • Experience working with accounting software and databases required.
  • Knowledge of Prologue Financials and FISERV DNA Core System strongly preferred


Job Responsibilities:
  • Manages the processes and accounting staff responsible for:
    o Reconciling general ledger accounts, researching the cause of discrepancies; and
    making general ledger entries to correct mistakes;
    o Ensures accounts are reconciled timely
    o Cash management reporting
    o Filing sales and backup withholding tax returns
    o Reporting charged off loans and related recoveries
    o Large batch settlement such as ATM, shared branch, lockbox, debit card and credit card
    o Charge off processing
    o Monitoring the work ticket system to review the nature of issues being worked
  • Reviews and approves daily/weekly wire transfers.
  • Responsible to ensure an accurate and timely monthly and year end close Provides technical
    support and assistance to troubleshoot and escalate issues
  • Ensures staff perform their activities in compliance with credit union policies and procedures
    and that documentation and recordkeeping are accurately and properly maintained
  • Collaborates with other departments and assists in development and implementation of new
    and revised policy and procedures
  • Reviews work prepared by staff ensuring proper oversight
  • Helps to ensure external and internal audit reports follow policy and procedure
  • Assists direct manager in the development and implementation of new procedures and features
    to enhance the workflow of the department
  • Keeps the direct manager informed on the conditions and operations of the department
  • Performs other duties as requested
  • Performs all duties inherent in the role of a manager


Benefits of Joining the Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to:

  • Paid time off for vacation, personal days, and holidays
  • Fully-funded pension plan
  • 401(k) company contribution
  • Teachers pays 100% of Dental & Vision premium
  • Tuition reimbursement is offered to full-time employees
  • Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers


The good faith range for this position is $102,900 - $128,600 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers


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