Accounting Supervisor

Suffolk Credit Union•Town of Brookhaven, NY

About The Position

At Suffolk Credit Union, we empower our members and strengthen our community by promoting financial wellness, transparency, and respect. Join us to enjoy comprehensive benefits, including health plans, 401(k) matching, and support for work-life balance, along with employee engagement activities and opportunities for community involvement. Role Overview: Accounting Supervisor ensures the accuracy and integrity of the general ledger at Suffolk Credit Union. Oversees the reconciliation of financial activity and ensures timely, accurate financial reporting.

Requirements

Bachelor's degree in Accounting, Finance, or closely related discipline
Three to five years of accounting experience, preferably in financial reporting or general ledger accounting
Knowledge of financial and accounting theory
Knowledge of Generally Accepted Accounting Principles (GAAP) and Practices
Fundamental knowledge of the financial industry including an understanding of the Federal Reserve System, the check clearing process, and the legal theory of negotiable instruments
Knowledge of credit union products, services, policies, regulations and procedures
Ability to communicate and relate accounting procedures to non-accounting staff
Knowledge of accounting systems, financial analysis software, and electronic delivery systems
Demonstrated computer and software skills
Proficient skill with using and analyzing data with spreadsheet software
Ability to handle multiple and complex deadlines
Ability to express oneself clearly and articulately both orally and in writing
Skill in gathering, analyzing and compiling complex financial and statistical data
Skill with independent problem-solving
Ability to exercise tact and responsibility with handling confidential information
Ability to lead or mentor other departmental staff
Ability to work with general supervision of daily activities

Responsibilities

Ensures compliance with generally accepted accounting principles (GAAP) and applicable regulations by compiling, analyzing, and reporting financial data accurately and on time.
Reviews, approves, and evaluates the work of the AP Specialist and other staff, including oversight of daily, weekly, and monthly reconciliations.
Serves as the primary point of contact for branches and departments, assisting with transactions, reconciliations, online banking, and teller discrepancies.
Prepares investment purchase and sale tickets, records monthly journal entries, and compiles investment reporting packages for the VP/Controller.
Posts and reconciles all CUSO-related activity, prepares month-end journal entries, and produces related financial statements.
Processes and reconciles share charge-offs and recoveries, ensuring accurate classification and reporting.
Prepares, posts, and reconciles Credit Union activity, including lease payments, mortgage funding, FHLB and FRB dividends, and CECL-related entries.
Assists with month-end close processes, including accrual postings and general ledger maintenance.
Investigates and resolves income statement variances, including month-over-month and actual-to-budget discrepancies.
Prepares monthly and quarterly financial reports for management and the Board of Directors, including the quarterly 5300 report.
Provides cross-functional support by backing up departmental staff and contributing to special projects as needed.
Supports audit readiness and organizational goals by achieving satisfactory audit results and completing additional duties as assigned.