VP of Accounting (Controller)

Description

Adventure Credit Union has been providing financial services to our members for over 90 years, and we are continuing to grow to meet our members’ changing needs. As one of the 101 Best and Brightest Companies in Michigan, we strive to recruit and retain ambitious and talented individuals by continuous development, support, and appreciation. We currently are looking to add a Vice President of Accounting to our team!

Position Purpose:

The Vice President of Accounting is responsible for the integrity and accuracy of the credit union’s accounting and financial reporting functions. This role oversees all general ledger activities, financial statement preparation, regulatory reporting, and internal controls, ensuring compliance with GAAP, NCUA regulations, and internal policies. This role oversees the development and execution of accounting policies and the internal control structure of the credit union. 

Positively supports Adventure Credit Union’s brand and promotes a service culture consistent with the credit union’s mission, vision, and core behaviors. 

Specific Job Functions:

· Serves as a strategic partner to the CFO, Executive Leadership team and Board of Directors, providing insight and guidance on financial performance, risk management and long-term planning.

· Leads the accounting function, including general ledger management, financial close processes, accounts payable/receivable, fixed assets, and investment accounting.

· Partners with the CFO to prepare the annual budget and business plan, financial forecasts, capital planning analyses, and long-range financial models.

· Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP, NCUA/FDIC guidelines, and other applicable regulatory standards.

· Along with the CFO, serve as primary liaison with external auditors, examiners, and regulators. Coordinates execution of external audits, regulatory examinations, and internal audit reviews with Compliance/Internal Audit Department.

· Oversee the accounting treatment of complex transactions, including loans, allowance for credit losses (CECL), investments, and derivatives. Ensures the maintenance and accuracy of the CECL model.

· Ensures timely and accurate submission of all regulatory filings, including Call Reports, Profile, 5500, Form 990, and other required filings and disclosures.

Requirements

  Job Requirements 

· Bachelor’s degree in accounting or finance required, Master’s degree preferred.

· CPA designation strongly preferred. 

· Minimum of eight (8) years of progressive accounting experience,

· A minimum of five (5) years in a leadership role within a financial institution. 

· Demonstrated experience with GAAP financial reporting and regulatory reporting (NCUA or similar). 

· Experience managing audits, regulatory examinations, and complex financial reporting environments.

· Strong knowledge of GAAP, internal controls, and financial reporting for financial institutions. 

· Proficiency with core accounting systems and financial reporting software; strong Excel skills required. 

· Strong understanding of banking/credit union operations, products, and regulatory frameworks.