Cost Accountant

February 26

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Velera

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Velera is a company that powers credit union growth through transformative fintech solutions and exceptional service. With a deep commitment to the credit union movement, Velera delivers innovative solutions that enhance member experience and promote financial wellness. The company collaborates with financial institutions to embrace change and accelerate success in a rapidly evolving financial landscape, embodying the philosophy of 'people helping people'.

Credit Processing • Debit Processing • ATM Network • Fraud & Risk Management • Recovery Solutions

1001 - 5000 employees

Founded 1977

💳 Fintech

🏦 Banking

🤝 B2B

📋 Description

• The Cost Accountant will develop, analyze, and maintain Velera’s operating cost structure. • This role supports financial decision-making related to client and product pricing. • Improve financial data and analytic capabilities with current tools. • Investigate and implement integration of internal systems. • Utilize RPA or AI functionality to refine allocations. • Partner with internal teams to develop and test methodologies. • Maintain cost accounting calculations and procedures within Oracle. • Analyze cost drivers and recommend cost-saving measures. • Review and reconcile accounts, conduct cost audits.

🎯 Requirements

• Bachelor’s degree in accounting, Finance, or a related field. • Minimum 5 years experience in finance preferred • Proven experience as a cost accountant, cost analyst or similar role • Minimum of 2 years’ experience with Oracle EPM PCM-Profit and Cost Management • Professional certification (e.g., CPA, CMA) is preferred. • Strong knowledge of cost accounting principles and practices. • Knowledge of Generally Accepted Accounting Principles (GAAP) • Familiarity and mindset to use RPA and AI technologies for process improvement. • Experience in the payment industry or a similar sector a plus • Working knowledge of Activity Based Costing (ABC) Methodology

🏖️ Benefits

• Competitive wages • Medical with telemedicine • Dental and Vision • Basic and Optional Life Insurance • Paid Time Off (PTO) • Maternity, Parental, Family Care • Community Volunteer Time Off • 12 Paid Holidays • Company Paid Disability Insurance • 401k (with employer match) • Health Savings Accounts (HSA) with company provided contributions • Flexible Spending Accounts (FSA) • Supplemental Insurance • Mental Health and Well-being: Employee Assistance Program (EAP) • Tuition Reimbursement • Wellness program