Controller functions for a $20 million financial institution which included all aspects in regards to financial reporting.Scope was all-encompassing and allowed for creativity in redesigning all the functions related to accounting and reporting.Converted from a manual accounting system to an automated one which was recognized by the external auditors as an outstanding achievement as reported in their findings in the following year. Championed a charter change from employee-based to community-based with the National Credit Union Administration, created a new name, fashioned a new logo and tag line, and designed a marketing campaign to roll out to the membership and community.
Challenges:Created an automated accounting system without interruption to customer service along with staff needs.Created, designed and implemented a charter change for the financial institution upon approval from the Board and NCUA.
- Charged with all aspects of converting from a manual to automated accounting system as mandated by external auditors.Completed project 9 months ahead of schedule.
- Created all policies and procedures for the updated accounting area which diminished administrative time of accounting area by 20%.
- Determined that the credit union needed to undergo a charter change to continue thriving as a financial institution, analyzed the needs for the change, and after receiving approval from the board of directors, in 18 months’ time was approved by the regulating agency to continue as a community based financial institution.
- Created a new name for the credit union, along with a new tag line and logo, and rolled out the new branding to the membership which increased membership by 10% in the first 30 days.