Job: Accounting & Operations Manager

Jobing Description

Description:
- Accounting & Operations Manager (1100906)

Job Description

Accounting & Operations Manager - 1100906

Description

OVERALL PURPOSE:

Under the direction of the Credit Card Manager, this position is responsible for managing the accounting, operational reporting, and financial controls for the department, while assisting the Department Manager in fulfilling duties related to the profitability and soundness of the business. If applicable or appropriate, ensures business unit's compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act. In addition, this position is also responsible for serving as the Excellence in Sales/Service (ESS) champion for the unit. This includes planning, executing, monitoring and measuring the service process.

* Responsible for overseeing the review of the daily settlement process to ensure that net cash settlements are complete, accurate, and posted in a timely manner to the general ledger. Responsible for researching out of balance conditions and resolving such issues in a timely manner. Responsible for working effectively with other departments in the Bank to ensure compliance with agreed upon timelines with third parties.

* Assists the Department Manager in the strategic planning process by providing financial, departmental and industry data including staying abreast of key financial accounting standards/practices as it relates to the credit card industry. This planning may include historical as well as proforma analyses. Responsibility for managing rewards projections and budget to optimize credit card spend while minimizing liability. Also responsible for managing relationships with associations and ensuring adherence to rules and guidelines associated with issuing cards

* Responsible for overseeing key vendor performance, contracts, and expenses. Maintain ongoing communications with key vendors to ensure that there is a thorough understanding of vendor processes and their implications to the Bank. Periodically review vendor processes and transactions to ensure they are being performed accurately. Review vendor performance against service level agreements established in key vendor contracts. Also responsible for completing the annual vendor scorecard, financial analysis and review of the external audit reports including the SSAE-16, vulnerability assessments and penetration tests. Also responsible for addressing key vendor operational matters/issues to ensure timely response and remediation.

* Responsible for working with the Department Manager in preparing and updating business unit budget and forecasts. Analyzes and conducts research to explain variances and assists in the preparation of periodic financial reporting to senior management

* Keeps informed and abreast of current vendor contracts, bank policies and procedures; federal laws, regulations and credit card industry rules and regulations that may have a financial impact to the Bank. This may include business enhancements, pricing changes, vendor's operational changes and product development.

This position requires use of a personal computer and other standard office equipment (typewriter, fax, copier, calculator and telephone). Must be able to travel out-of-state. Must be able to work evenings, weekends and holidays as necessary.

Qualifications

MINIMUM QUALIFICATIONS:

Education:

* Bachelors degree in accounting, finance, or related area.

Experience:

* Minimum 5 years of extensive experience in accounting, financial, and/or internal auditing.
* Minimum 5 years of credit card related accounting or experience in the banking industry preferred, but not required.
* CPA designation preferred, but not required.

Technical Skills:

* Requires a strong working knowledge of internal controls, accounting principles and practices, as well as a firm understanding of general ledger processing, and other relevant matters.
* Must be capable of reviewing general ledger accounts, reconciliations, suspense items, and other accounting-related transactions to identify issues and exposures relative to financial statement impact and internal controls.
* Database skills (Access or SQL) a plus.

Other Job Qualifications:

* Requires strong analytical skills including database management as well as good written and oral communication skills to make presentations to senior leaders.
* Must have excellent problem solving skills and be able to develop effective solutions that consider efficiency, internal controls, and impact to financial results.
* Requires the ability to exercise sound judgment.

Job Function
: Banking Sales/Services

Primary Location
: Hawaii-Oahu

Schedule
: Full-time

Job Posting
: Dec 31, 2011

Unposting Date: Ongoing

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