Team Members are at the core of who we are; living our core values of making a difference, doing the right thing, making it easy, being caring, being friendly, nice, and respectful, and taking ownership. Perhaps Royal is the change you’re looking for. Royal Credit Union is looking for caring, energetic team members who want to create a positive impact in the lives of our Members.

Is this you? If so, let us know by submitting an application!

• Join our GROWING Accounting Team as a Senior Accountant! This position is an addition to the current Accounting Team!•

DESCRIPTION:

At Royal Credit Union, we’re committed to maintaining excellence in financial reporting and accounting, and we’re looking for a talented and dynamic Senior Accountant to join our team! This is an exciting opportunity to make a positive impact at a growing institution, working with a dedicated team of professionals in a fast-paced, collaborative environment. As a Senior Accountant, you will play a crucial role in supporting the Accounting Manager and Senior Leadership with complex accounting tasks and reporting responsibilities. You’ll also serve as an informal leader within the Accounting team, providing mentorship and guidance. If you’re a subject matter expert in financial reporting, compliance, and accounting processes, and you’re passionate about driving change and innovation, we want to hear from you!

As a Senior Accountant you will be responsible for the following things:

• • Financial Reporting Accuracy: Ensure that financial statements are accurate, complete, and transparent. Take ownership of preparing detailed financial statement footnotes and supporting documentation, providing clarity and precision to stakeholders.
• • CECL Framework Management: Oversee the management of the CECL framework, ensuring accurate estimation and reporting of credit losses in compliance with GAAP. Lead and collaborate with the CECL working group to develop and refine models that meet all regulatory standards.
• •Subject Matter Expert & Project Leadership: Serve as the subject matter expert on corporate projects, providing insights and implementing solutions according to GAAP. Lead Accounting departmental projects and collaborate with external departments, ensuring the successful completion of cross-functional initiatives.
• •‍• Mentorship & Team Development: Mentor and guide accounting staff, fostering an environment of growth and professional development. Provide on-the-job education and resources to enhance team knowledge and skills.
• • General Ledger Management: Maintain complex and/or confidential general ledgers, ensuring the accuracy and completeness of all financial records. Manage postings in line with GAAP, including accruals and discrepancies. Responsibilities include posting complex entries related to hedge instruments, derivatives, overhead expense allocations, and more.
• •️Core & General Ledger Systems Management: Maintain general ledgers and mapping within core and general ledger systems to ensure full compliance with GAAP and institutional standards.
• •Governmental and Internal Reporting: Administer, review, prepare, and submit critical governmental and internal reports, ensuring compliance with all relevant regulations and standards. Maintain up-to-date documentation for reporting to agencies, ensuring accuracy and timeliness in all submissions.
• ️ Compliance & Regulatory Updates: Stay up-to-date on the latest accounting standards, regulations, and best practices. Communicate updates across the team and organization. Ensure the organization remains fully compliant with evolving accounting standards.
• •Consolidation & M&A Accounting: Lead multi-company consolidation and accounting for mergers and acquisitions, ensuring all related transactions are accurately recorded and reported.
• • Process Enhancements & Automation: Identify opportunities for process improvements and automation within the accounting function. Play a key role in driving efficiency and innovation across the team.

REQUIRED EDUCATION/EXPERIENCE/SKILLS:

• Bachelor’s degree in Business with an emphasis in Accounting or Finance
• Minimum of five (5) years of progressive accounting experience or three (3) years financial services related accounting experience.
• Strong analytical and accounting skills.
• Communicate and live RCU’s core purpose and values, these define and drive our organizational culture

PREFERRED EDUCATION/EXPERIENCE/SKILLS:

• Cost Accounting and Financial Data Analysis Experience.
• Financial services accounting experience.
• Previous leadership/mentoring experience.
• Data extraction system experience (SQL, PowerBI, etc)
  We will be communicating with you by email and/or text on the status of your application. Please monitor your email inbox and junk folder for status updates and additional instructions.
  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status or status as an individual with disability

• • Financial Reporting Accuracy: Ensure that financial statements are accurate, complete, and transparent. Take ownership of preparing detailed financial statement footnotes and supporting documentation, providing clarity and precision to stakeholders.
• • CECL Framework Management: Oversee the management of the CECL framework, ensuring accurate estimation and reporting of credit losses in compliance with GAAP. Lead and collaborate with the CECL working group to develop and refine models that meet all regulatory standards.
• •Subject Matter Expert & Project Leadership: Serve as the subject matter expert on corporate projects, providing insights and implementing solutions according to GAAP. Lead Accounting departmental projects and collaborate with external departments, ensuring the successful completion of cross-functional initiatives.
• •‍• Mentorship & Team Development: Mentor and guide accounting staff, fostering an environment of growth and professional development. Provide on-the-job education and resources to enhance team knowledge and skills.
• • General Ledger Management: Maintain complex and/or confidential general ledgers, ensuring the accuracy and completeness of all financial records. Manage postings in line with GAAP, including accruals and discrepancies. Responsibilities include posting complex entries related to hedge instruments, derivatives, overhead expense allocations, and more.
• •️Core & General Ledger Systems Management: Maintain general ledgers and mapping within core and general ledger systems to ensure full compliance with GAAP and institutional standards.
• •Governmental and Internal Reporting: Administer, review, prepare, and submit critical governmental and internal reports, ensuring compliance with all relevant regulations and standards. Maintain up-to-date documentation for reporting to agencies, ensuring accuracy and timeliness in all submissions.
• ️ Compliance & Regulatory Updates: Stay up-to-date on the latest accounting standards, regulations, and best practices. Communicate updates across the team and organization. Ensure the organization remains fully compliant with evolving accounting standards.
• •Consolidation & M&A Accounting: Lead multi-company consolidation and accounting for mergers and acquisitions, ensuring all related transactions are accurately recorded and reported.
• • Process Enhancements & Automation: Identify opportunities for process improvements and automation within the accounting function. Play a key role in driving efficiency and innovation across the team