Job Description
Empower FCU Purpose: At every stage of life, positively impact members by providing affordable financial services.
Empower FCU Core Values: Fairness, Integrity & Honesty
Empower FCU Strategic Pillars:
• World-Class Employee Experience
• Best-In-Class Member Experience
• Growth for Impact
• Shared Value in the Community
Empower Federal Credit Union offers excellent benefits including...
Medical and Dental Insurance, 401K with Employer Match, Holiday Pay, Paid Time Off and more!
A World-Class Employee Experience: We are at our best when we are developing genuine relationships, looking out for one another, freely and honestly sharing information, and working together. We succeed when we rise above our departments, roles, and individual interests to come together, to move forward together. Each of us plays a crucial role in creating a positive work environment and we encourage all our employees to actively contribute to embracing Empower’s values and supporting those around you.
Be Yourself, Belong with Empower: The strength of Empower is in the unique backgrounds, voices, talents, & experiences of each person. With a culture of belonging, we enable teamwork, spark innovation, and fuel success.
Please note: All candidates will be subject to a background check to determine employment eligibility. For roles that require an NMLS you may be subject to a credit check.
Role:
The Senior Accountant, Financial Reporting is responsible for developing and delivering monthly, quarterly, and annual management reports that provide clear insight into credit union performance, emerging trends, and potential risks and opportunities. The role oversees all finance-related regulatory reporting requirements, including accurate and timely preparation of the NCUA 5300 Call Report. This position supports the VP/Controller and SVP/CFO by preparing financial analysis and materials for Board and Committee presentations.
The Senior Accountant also contributes to the monthly close process by preparing and reviewing journal entries, ensuring the completeness, accuracy, and timeliness of financial results for both the Credit Union and its CUSO entities.
Location: Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.
The annual salary range for this position is: $75,699.51-$113,549.27.
Essential Functions & Responsibilities:
30% Financial Reporting & Accounting Guidance:
- Design, develop, and prepare management reports with accuracy.
- Prepare and maintain loan participation reports for distribution to participants.
- Provide accounting guidance to all functions within the organization.
- Ensure sound accounting practices and internal controls to protect the Credit Union's assets.
20% Regulatory Reporting:
- Prepare the NCUA 5300 Call Report with accuracy.
- Understand Call Report instructions and departmental inputs.
- Prepare additional required regulatory reports.
20% CUSO Accounting Management:
- Manage the accounting function for CUSO entities, ensuring accuracy and completeness.
- Maintain general ledgers, execute month-end close by recording journal entries and accruals.
- Reconcile accounts and intercompany activity on a timely basis.
20% Higher-Level Accounting Functionality:
- Analyze complex accounting areas, including the Allowance for Credit Losses on Loans and
Leases, month-end accruals, and cost center expenditure postings.
- Demonstrate a strong understanding of transactions and activities driving journal entries.
10% Reconciliation & Validation:
- Validate and reconcile loan and deposit files with AIRES files at least quarterly.
- Collaborate with departments to identify, document, and resolve reconciling items.
- Perform all other duties as assigned.
Performance Measurements:
See Dayforce (HRIS) Performance Management for Goals upon start in role, and annually.
Knowledge and Skills:
Experience: 4 to 6 years in accounting, financial reporting, regulatory compliance, and/or financial analysis.
- Experience preparing complex financial statements, supporting month-end close, or working with regulated financial institutions is highly valuable.
- Candidates with a combination of relevant experience and transferable skills are encouraged to apply, even if they do not meet the exact years listed. Empower FCU recognizes and values diverse professional backgrounds that contribute to success in this role.
Education: A bachelor's degree in Accounting, Finance, Business Administration, or a related field is preferred.
- In lieu of a degree, industry-recognized certifications (e.g., CPA, CMA, CGMA, CFA, or advanced accounting/financial reporting certificates) may be considered.
- Candidates with equivalent formal certifications or professional experience are also encouraged to apply. Empower FCU values a wide range of educational and professional pathways that prepare individuals for excellence in this role.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills:
- Proficiency in Microsoft Excel (pivot tables, lookups, data validation) and strong general spreadsheet competency.
- Strong written and verbal communication skills, with the ability to explain financial concepts clearly.
- Ability to manage multiple priorities and meet deadlines with accuracy.
- Strong analytical and problem-solving skills with sound professional judgment.
- High level of professionalism, confidentiality, and discretion.
- Ability to collaborate effectively across departments and build productive working relationships.
Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic including race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Our Equal Employment Opportunity Policy Statement reaffirms our commitment.
Federal Labor Law Posters
New York Labor Law Poster
Employment Eligibility Notices
E-Verify
Right to Work
Empower Federal Credit Union is committed to equal opportunity to qualified persons without regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Empower Federal Credit Union will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us through one of the methods listed below:
a) Fax: 315.455.5423
b) US Mail: 1 Member Way Syracuse, NY 13212
c) Phone: 800.462.5000