• Managerial Accountant

    1344 West 4675 South
    Position Status
    40 HR
    Mon - Fri Flex
  • Overview

    The managerial accountant, under the direction of the Accounting Department Manager, is responsible for the development and maintenance of cost, efficiency and profitability reporting throughout the organization.  Develops data, analyses, models and reports for all functional areas of the credit union.  Collects, classifies, allocates, analyzes, summarizes cost, efficiency and profitability related data for analyses of cost and profit centers, products, projects and households.  Analyzes credit union activities and transactions to derive cost/revenue and driver relationships.  Utilizes related analyses and reports to aid in the establishment of detailed, activity-based budgets for all levels of the organization and provide monthly budget variance reports.  Works across organizational and team boundaries to support, educate, and interpret cost, efficiency and profitability analyses and reports.


    Essential Duties & Responsibilities

    • Identifies accounting, transaction and driver data sources necessary to perform cost, efficiency and profitability analyses.


    • Works with members of the accounting, analytics information management and other departments to collect, store, vet, reconcile and classify appropriate data for multidimensional analyses of cost and profitability data.


    • Establishes and maintains procedures for all cost/profitability related activities.


    • Ensures the timely and accurate collection of cost and profitability related data.


    • Analyzes and identifies the relationships between revenues/expense data and transactions, drivers and activities to which they are associated.


    • Develops analyses and reports for all levels of management related to the relative costs, efficiency and/or profitability of each respective function, product, project or member household as needed.


    • Researches questions from management and report users.


    • Analyzes data and recommends areas for cost savings, revenue enhancement or efficiency gains.


    • Uses estimates and forecasts related to the cost or profitability of future activities, organizational changes, products, services or other strategic initiatives to aid in the strategic planning process.


    • Aids treasury department personnel to estimate costs associated with the development and implementation of new or proposed products or services.


    • Aids accounting department personnel in identifying and utilizing established cost/revenue and driver relationships in developing detailed and strategic operating and project budgets.


    • Works with vice presidents, managers, project managers and other responsible parties to support, educate and properly interpret data, analyses, reports and other cost, efficiency and profitability information.


    • Assists in the month-end close of the general ledger.


    Knowledge/Skills/Abilities Required


    • Excellent written and verbal communication skills.


    • Ability to read, interpret and explain reports and topics relevant to all levels of the organization.


    • Strong familiarity with Generally Accepted Accounting Principles in the United States.


    • Knowledge of bookkeeping and accounting best practices.


    • Expert knowledge in managerial and financial accounting principles including cost/driver relationships, multidimensional analyses, and activity-based costing.


    • Experience determining appropriate and applicable expense and revenue allocation methods.


    • Understanding of enterprise information system environments, networks, databases and applications.


    • Experience using analytical and reporting tools such as Microsoft (MS) Excel®, Tableau®, MS Reporting Services®, MS Analytical Services®,


    • Understanding of statistical and analytical concepts used in managerial accounting including statistical sampling, regression analysis, correlation testing, cost estimation and other quantitative evaluation methods.


    • Accurate and precise attention to detail.


    Education and Experience

    • Three to five years of experience in accounting, cost accounting or finance in the financial services industry.


    • Bachelor’s or master’s degree in accounting, finance or related field.


    • CPA, CMA or CGMA certifications desired.


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed