VP, Accounting/ Controller

Position Summary:

The Vice President of Accounting/Controller is responsible for the overall integrity, accuracy, and timeliness of the credit union's accounting records and financial reporting. This role oversees all core accounting functions, ensures compliance with GAAP and regulatory requirements, and serves as a key partner to the CFO in financial governance, internal controls, audits, and strategic initiatives. At a billion dollars plus credit union, the Controller is expected to operating at a strategic and direct accounting leadership with people management, process optimization, and cross-functional collaboration.

Essential Functions & Responsibilities:

• Financial Planning & Accounting:

Oversee the preparation and integrity of all financial statements, including monthly, quarterly, and annual reports, in accordance with GAAP and NCUA requirements. Ensure timely and accurate month-end and year-end processes, including accruals, reconciliations, and journal entries. Review and approve complex accounting transactions, estimates, and judgments. Maintain and enhance the general ledger structure to support accurate reporting, finance reports, and analytics.

• Regulatory and External Reporting:

Ensure compliance with NCUA, and other regulatory reporting requirements (e.g., 5300 Call Reports) Coordinate with regulators and examiners during examinations and respond to accounting-related inquiries. Stay current on new accounting pronouncements and assess organizational impact.

• Budgeting, Forecasting & Analysis Support:

Compile and prepare monthly Budget Variance Report for the CFO Partner with the CFO and Finance team to support budgeting, forecasting, and variance analysis from an accounting perspective. Provide accounting insight into financial modeling, capital planning, and balance sheet strategies. Ensure alignment between accounting records, budgets, and financial projections.

• Leadership & Staff Development:

Lead, mentor, and develop the accounting team, including managers and senior accountants. Establish performance expectations, conduct evaluations, and support professional development. Promote culture of accountability, accuracy, continuous improvement, and collaboration.

• Performs other job-related duties as assigned.

Qualification & Opportunities:

• Five years to eight years of similar or related experience.
• (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
• Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
• Expert in GAAP and Credit Union Accounting Strong understanding of NCUA regulations and credit union financial reporting. Strong analytical, organizational, and critical thinking skills.

Salary:

• The minimum and maximum base salary range for this position is $153,601.30 to $262,947.95 in California.
• The target starting base hourly rate is between $153,601.30 to $180,937.07.
• This compensation and benefits information is based on Los Angeles Federal Credit Union's good faith estimate as of the date of publication and may be modified in the future.
• The starting base salary within the range will depend on a variety of factors that may include relevant prior experience and/or education, or skills and expertise.

LAFCU is an Equal Opportunity Employer. We are committed to building an inclusive and diverse workforce