Director, Assistant Controller

The Director, Assistant Controller is responsible for assisting the SVP, Controller in overseeing and managing the day-to-day of Technology Credit Union’s (Tech CU’s) accounting operations. The incumbent implements and monitors sound accounting practices, policies and internal controls to ensure the accuracy and integrity of financial records, adhering to regulatory compliance (GAAP, NCUA, DFPI). Additionally, the incumbent develops, and revises accounting practices and procedures as required to remain compliant with federal and/or state requirements. The incumbent provides advice and direction to other department managers on accounting related matters as necessary. 

Essential Duties

Financial Reporting & Analysis

• Assists in preparation and review of accurate and timely financial statements (income statements, balance sheets) and internal financial reports.
• Performs various financial analyses, including variance analysis, providing insights and recommendations to management for strategic decision-making.

Accounting Operations

• Oversees daily accounting operations, including accounts payable, purchase orders processing, accounts receivable, general ledger, reconciliations and journal entries.
• Manages and oversees the month-end and year-end closing processes.
• Ensures proper recording of assets, liabilities, profit and loss, tax liability, and other financial activities according to Generally Accepted Accounting Principles (GAAP) and NCUA regulations.

Compliance and Internal Control

• Prepares or assists with regulatory reporting including: NCUA 5300 Call report, IRS Form 990, Unrelated Business Income Tax (UBIT) reporting, 1099-MISC filings and year end tax processing at enterprise level,  571-L Business Statement reporting, Sales and Use Tax Filings, NCUA Credit Union Service Organization (CUSO), and other periodic tax filings or mandatory government surveys as needed.
• Maintains and strengthens the credit union’s internal control environment to safeguard assets and ensure compliance with accounting policies and procedures.
• Assists in establishing and implementing accounting policies and procedures, ensuring they are well-documented and updated as needed.
• Coordinates with external auditors, NCUA/DFPI regulators and other agencies during audits and examinations, preparing necessary schedules, reports and documentation.
• Researches and ensures compliance with new accounting pronouncements and regulations.

Team Leadership and Development

• Provides leadership, direction, and day-to-day management for all aspects of accounting operations.
• Collaborates with other departments to support financial decision-making and strategic planning.

Other Duties

• Assists with annual budget process, providing input and analysis.
• Identifies opportunities for process improvements and implements best practices within financial operations.
• Performs ad hoc analysis and special projects as requested.
• Other duties as assigned or requested.

Supervisory Functions

• Establishes scope of authority, schedule and responsibility for direct reports.
• Engages with direct reports and peers to align goals with organizational goals and objectives, establish performance metrics, provide feedback and develop talent.
• Manages and monitors budget to maximize operating efficiencies.
• Reviews and responds to issues identified in audit and regulatory reports.
• Supports established policy and procedures, recommending changes as needed.
• Effectively manages a hybrid workforce (onsite and remote) through strong communication, collaboration and engagement practices.

Work Schedule

• Full-time; typically 40+ hours/week
• Flexible within core business hours, M-F
• Occasional extended early morning or late evening hours, and weekends, typically with advance notice

Workplace Essentials

• Support Tech CU’s Mission and Vision and consistently demonstrates Tech CU’s Values (Accelerate, Collaborate, Innovate and Cultivate).
• Meet with manager on a regular basis to discuss goal alignment, performance metrics, and development plans.
• Comply with Tech CU policies and procedures.
• Uphold employee Code of Conduct and Business Ethics and ensures confidentiality of the workplace.
• Comply with requirements imposed by federal, state and local regulatory agencies.
• Adhere to internal control and security measures designed to ensure regulatory compliance and mitigate losses and errors.

Education: Bachelors’ Degree in Finance, Accounting, Business Administration discipline (or equivalent experience).  Master’s degree (MBA) is helpful but not required.

Experience: 7+ years’ progressive accounting experience, including 4+ years in a financial institution and 3+ years management experience in financial institution.  

Knowledge/Skills/Abilities:

• Expertise in financial institution accounting, including GAAP principles, reporting standards, and industry practices.
• Thorough understanding of NCUA regulations and credit union compliance requirements.
• Strong analytical and problem-solving skills, with a proven ability to identify discrepancies and implement effective solutions.
• Process improvement skills, ability to identify and implement solutions to streamline financial operations and improve efficiency.
• Excellent communication, interpersonal, and presentation skills, capable of conveying complex financial information to diverse audiences.
• Effective leadership and team management abilities, with a talent for motivating others and influencing stakeholders across all organizational levels.
• Strategic thinker with the ability to develop and execute plans with urgency and a results-driven mindset.
• Collaborative and self-directed, thriving both independently and within team environments.
• High attention to detail and accuracy, guided by strong ethical judgment.
• Commitment to service excellence and employee development, fostering a culture of growth and continuous improvement.
• Strong proficiency in accounting software (e.g. Epicor, Kinetics or similar) and systems (e.g. Symitar, Episys or similar) and advanced Excel skills (MS query/SQL knowledge, pivot table, xlookup, sumproduct, data modeling, power query).
• NCUA 5300 Call Report preparation knowledge preferred.
• Participation loan accounting knowledge preferred.
• CUSO (subsidiary) accounting knowledge preferred.
• Project management experience preferred.

Licensing/Certifications:   Certified Public Accountant (CPA) or other financial certifications are helpful but not required.

Travel:  May be required to travel occasionally to Tech CU locations outside of headquarters, typically with advance notice. May be required to occasionally attend offsite training, meetings or events, typically with advance notice. Overnight travel unlikely.

Typical Working Conditions:  Office environment with interaction with a variety of internal and external parties.

Equipment Used:  Routinely uses standard office equipment, including computer, phone, copier and other devices.

Physical Requirements:

• Speaking and listening to interact with internal and external parties in person or via phone.
• Reading a computer screen and performing keyboarding tasks for up to 70% of the day.
• Sitting at desk and/or conference table for extended periods of time.
• Mobility to attend meetings within office building and offsite.

EQUAL EMPLOYMENT OPPORTUNITY

Technology Credit Union is an Equal Opportunity Employer. All qualified employees and applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetic information, age, disability, veteran status or any other legally protected basis. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

• Position Grade: 108
• Salary Range: minimum-$132,000, midpoint-$160,000, maximum-$188,000
• Work Location: The salary range listed is based on working in San Jose, CA. If you work remotely, your salary will be adjusted based on your geographic location.
• Typical Starting Pay: Most new hires start between the minimum and midpoint of the range (adjusted for work location if applicable), based on experience and qualifications.
• Bonus Potential: Target 15% of base salary based on company and individual performance.

Tech CU is a pay-for-performance organization. We benchmark base pay to the 50th percentile of our market and offer incentive-based compensation tied to individual and company goals.

Tech CU offers a comprehensive benefits package, including:

• Health Coverage: Medical, dental, and vision plans
• Income Protection: Life and disability insurance
• Retirement: 401(k) plan with company match
• Paid Holidays: 12 days annually
• Paid Time Off (PTO):
• Accrues at 7.08 hours per bi-weekly paycheck (approximately 23 days per year)
• Increases with length of service
• Voluntary Time Off (VTO):
• 8 hours annually for full-time employees to support charitable organizations
• Additional Benefits:
• Flexible Spending Accounts
• Employee-paid voluntary benefits
• Leaves of absence in compliance with state and federal regulations