Senior Accountant

Municipal Credit Union; United States; On-site; USD 72,000 - 117,000; Full time

Benefits offered by this job

Discretionary bonus

401(k) with employer match (6%)

Medical, vision, dental, life and disa

Job summary

Municipal Credit Union is seeking a Senior Accountant to join the Accounting team in New York, handling month-end close, financial reporting, and regulatory reporting duties. The role requires solid GAAP knowledge and experience in banking finance, with strong analytical and collaborative skills.

Responsibilities include reconciliations, asset depreciation, ACL/CECL support, budgeting, audits, and policy maintenance, all performed in a fast-paced, high-volume environment. MBA/CPA preferred.

Qualifications

• Bachelor’s degree in finance, Accounting, or related field; MBA or CPA preferred.
• 5+ years of accounting experience.
• 3+ years in accounting at bank or credit union of similar size preferred.
• In-depth knowledge of GAAP, regulatory compliance, and banking financial reporting.
• Excellent analytical skills and attention to detail; ability to analyze complex financial data and draw actionable insights.
• Exceptional communication and interpersonal skills; ability to work independently on accounting assignments.
• Strong collaboration skills and teamwork.
• Proficiency in financial software and Excel; experience with Prologue and Symitar is a plus.
• Detail-oriented with accuracy in high-volume environments and tight deadlines.
• Technologically proficient.

Responsibilities

• Participate in the month-end close process, monthly reporting and variance analysis, and quarterly Call Reports.
• Perform reconciliations of bank accounts and general ledger accounts per MCU policies.
• Review and reconcile suspense accounts and address aged items with business partners.
• Maintain fixed asset records and depreciation schedules; ASC 842 knowledge.
• Perform accounting functions including general ledger entries and reconciliations for investment portfolio.
• Support the monthly Allowance for Credit Losses (ACL) process; knowledge of ASC 326 CECL.
• Participate in budget and forecast planning; analyze income and expense trends.
• Collaborate with cross-functional teams to evaluate accounting implications of new products and services.
• Prepare monthly, quarterly, and annual financial statements in accordance with GAAP.
• Coordinate financial audits, internal audits, and regulatory examinations; provide documentation.
• Prepare budget vs actual reports and analysis for strategic decisions.
• Assist month-end close and MCU Foundation audit support.
• Implement and maintain internal controls to ensure regulatory compliance and mitigate risks.
• Document and update policies and procedures with management.
• Prepare ad-hoc financial reports and analyses to support strategy.
• Deliver all deliverables within prescribed timelines.
• Perform other related duties and special projects as assigned.

Skills

GAAP knowledge

Regulatory compliance

Financial reporting

Analytical skills

Communication skills

Collaboration

Attention to detail

Independent work

Technology proficiency

Education

Bachelor's degree in Accounting or Finance

MBA or CPA preferred

Tools

Prologue

Symitar

Excel

Job description

About MCU

At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.

About MCU

At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.

Our Mission

To help hard-working New Yorkers build better tomorrows

Our Vision

Be New York's most loved financial institution by helping our members build their best financial futures

Overview

The Senior Accountant is an integral part of the Accounting team, responsible for maintaining accurate financial records, preparing financial statements, preparing regulatory reporting, performing investment accounting for credit union’s investments, assisting with the financial budget and planning, general ledger account reconciliations, and ensuring compliance with regulatory standards. Reporting to the Manager of Accounting, this is a key role in financial reporting, internal controls, analysis, and process improvement initiatives.

Responsibilities

• Participate in the month-end close process, monthly reporting and variance analysis, and quarterly Call Reports.
• Perform reconciliations of bank accounts and general ledger accounts in accordance with MCU policies and procedures and prescribed timelines.
• Review and reconcile suspense accounts and monitor closely for aged items. Work with business partners to ensure items are addressed timely and appropriately in accordance with MCU policies and procedures.
• Maintain fixed asset records and depreciation schedules in accordance with accounting policies. Working knowledge of ASC 842 (Lease Accounting).
• Perform accounting functions including general ledger entries and reconciliations for credit union’s investment portfolio
• Support the monthly Allowance for Credit Losses (ACL) process, as necessary. Working knowledge of ASC 326 (CECL).
• Participate in the budget and forecast planning process by assisting with preparation of information and analyzing income and expense trends.
• Collaborate with cross-functional teams to evaluate the accounting implications of new products and services or other key initiatives. Assist business partners with the research of transaction level data to ensure items are booked timely and properly.
• Participate in the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP.
• Assist in the coordination of financial audits, internal audits, and regulatory examinations, providing documentation and explanations as needed.
• Prepare budget vs. actual performance reports and provide analysis to support strategic decision-making.
• Assist with the month-end close, management reporting and provide audit support for the MCU Foundation.
• Assist in the implementation and maintenance of internal controls to ensure compliance with regulatory requirements and mitigate financial risks.
• Assist with documentation as well as periodic reviews and updates to relevant policies and procedures in collaboration with management.
• Prepare ad-hoc financial reports and analysis to support strategic decision-making.
• Provide all deliverables in accordance with prescribed timelines.
• Perform other related duties as requested and special projects as assigned.

Requirements

• Bachelor’s degree in finance, Accounting, or a related field; MBA or CPA preferred.
• 5+ years of experience in accounting.
• A minimum of 3 years in an accounting position at a similarly sized or larger bank or credit union is preferred.
• In-depth knowledge of GAAP, regulatory compliance, and financial reporting requirements for banks.
• Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
• Exceptional communication and interpersonal skills, with the ability to understand accounting concepts and work independently on accounting related assignments.
• Strong collaboration skills, with the desire to support peers and drive results across the organization.
• Proficiency in financial software and Microsoft Excel; experience with general ledger systems such as Prologue and banking systems such as Symitar core banking platform is a plus.
• Detail-oriented with a commitment to accuracy and integrity in financial reporting. Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
• Technologically proficient.

Why you’ll be a good fit

Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following

Results

We are passionate about winning.

Agility

We proactively anticipate, respond and pivot to ensure MCU wins.

Integrity

We operate with the highest ethical standards and highest degree of honesty.

Belonging

We cultivate a culture of inclusion and teamwork.

Ownership

We take personal responsibility and hold ourselves accountable for the results.

Why you’ll Love Working Here

The pay range for this position is between $71,600-116,550 annually. Actual base pay offered may vary depending on a number of factors such as job-related knowledge, skills, experience, and location. Employees in this position may also be eligible for a discretionary bonus, 401(k) with an 6% employer match per pay period. Benefits for this position include Medical, vision, dental, life, and disability insurance, flexible paid time off and 11 paid holidays annually.

Municipal Credit Union (MCU) is an Equal Opportunity Employer. Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws.

We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.