Manager, Regulatory and Financial Reporting

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

We're here to help people in communities throughout Northern California build financially healthy lives. We do this by being attentive and partnering with our members to understand what is financially best for them. We thrive on change, and we put people first. If you're looking to use your skills and knowledge to make a difference in the lives of others, we look forward to hearing from you.

Patelco (the Credit Union) is a not-for-profit credit union, serving the financial needs and aspirations of more than 500,000 members. What we earn, we return to our members in savings from lower loan rates, fewer fees, and personalized service that focuses on transparency, simplicity, and trust. Our mission remains the same as when we started in 1936, to provide products, services, education and expertise that will empower our members to rise up and achieve financial freedom.

In this role, responsibilities will include, but not limited to: own and lead the Credit Union's regulatory call reporting and financial reporting processes. Participate in providing relevant and timely financial information for the National Credit Union Association (NCUA) and Department of Business Oversight (DBO), and senior management reporting (including the enhancing and expanding of current reporting capabilities). Produce the bank's financial reports in accordance with U.S. GAAP, NCUAIDBO regulations, and other relevant requirements. Support technical accounting research as necessary. Support compliance with internal control requirements by developing, maintaining, and testing documentation and processes around financial reporting controls. This role also includes leadership to help transform Patelco as a data-driven organization and position the Credit Union as a technology leader.

The successful candidate will have the ability to perform complex tasks requiring advanced professional experience, knowledge and competency in accounting principles and practices. They will possess the ability to utilize discretion and judgment on assignments that are varied, diverse and difficult in nature. The candidate will possess the ability to embrace, and meet the changing needs of the department, while working to create efficient processes within the overall Accounting and Finance teams.

Responsibilities

• Own and manage the preparation and filing of the Credit Union's regulatory Call Report and other regulatory reports and ensure their consistency with the financial statements.
• Oversee Patelco's regulatory reporting obligations and ensure timely submission of all required filings, as necessary.
• Lead all financial reporting for Patelco - including monthly financials, Board financials and materials, monthly variance analyses, close reporting processes, and annual financials.
• Research and implement new regulatory reporting guidance, including new reporting requirements as the credit union grows in size, assess impact, and ensure compliance for accurate reporting.
• Assess, develop, and maintain proper controls, robust documentation, and change management approach for all reporting areas to provide assurance that Patelco is operating a best-in-class reporting environment.
• Assess and scope new reporting requirements and establish the reporting processes to enable automation of the reporting processes.
• Work closely with our financial and accounting teams to ensure financial reporting and decision support is consistent in all future regulatory applications.
• Maintain up-to-date knowledge on regulatory changes and industry landscape.
• Work with the Credit Union's independent and internal auditors and examiners in their quarterly and annual reviews and audits, coordinating accounting related inquiries and requests.
• Own and manage the 'Prepared by Client' listings requested by external auditors and examiners.
• Assist with research and help provide technical guidance/draft memos on accounting transactions, new accounting guidance and new regulatory guidance.
• Assist in re-engineering existing processes (where needed) to improve efficiencies and enhance controls in financial reporting.
• Act as the Accounting project liaison for all internal projects which impact the Accounting department.
• Provide guidance to our business partners to ensure projects incorporate correct accounting, including the impact to the general ledger. Assist with mapping of GL accounts as part of the project implementation.
• Lead team that enables the building of end-to-end data and analytics solutions (i.e. ingesting data, modeling data, analyzing data, developing reports / dashboards, and sharing insights) to meet organization priorities and timelines.
• Build strong working relationships with other business partners throughout the organization.
• Lead a team and build out further, as necessary, to support these efforts.
• Perform ad hoc projects as requested.

Qualifications

• Bachelor's Degree in accounting or finance
• 10 years of business / accounting experience
• 5 years of people management experience
• Knowledge of Call Reporting requirements for NCUA and the DBO is a plus
• Strong and demonstrated understanding of Generally Accepted Accounting Principles (GAAP)
• Financial institution experience preferred

Physical Activities/Requirements

• Position is located at Dublin, CA headquarters
• Hybrid - 3 on-site days per week

Target Base Pay

$132,197-165,255 per year

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

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