BUSINESS AND FINANCECOMPUTERIZED ACCOUNTING

Christine Stroh, Computerized AccountingCoastline ROP

POWERPOINT OVERVIEW Purpose of Externship SchoolsFirst Federal Credit Union

What is a credit union Background

Interview with Comptroller Education and Job Description Job Description

Interview with Human Resource Analyst Education and Job Description Organizational Chart

Interview with Human Resource Recruiter Education and Job Description Careers with College Degrees: Financial Analyst, Manager Membership Development,

Manager Payroll Careers with High School Diplomas: Accounting Rep, Members Service Rep, Telephone

Service Rep How to Get Hired: the resume, the Interview, tests, and training

Interview with Vice President of Branches Education and Job Description

Wisdom for my students Summary--My thoughts Abilities and skills taught in Accounting class Employment opportunities after high school graduation Personal skills required

Thank you

CAREER TECHNOLOGY EDUCATION COMMUNITY COLLABORATIVE GRANT

Purpose of ExternshipThe Career Technology Education

Community Collaborative Grant mission is to bring Community Colleges, K-12, ROP and local community business partners together in order to collaborate on career technology education. To learn about

Organization of industryCareer and job opportunitiesHow to obtain employmentEmployer/employee expectationsEducational expectationsExperience or additional requirements

BUSINESS PARTNERSCHOOLSFIRST FEDERAL CREDIT

UNION

SchoolsFirst Federal Credit Union A not-for-profit organization rooted in the

credit union philosophy of “People Helping People,”

Built on traditional values of commitment to service, respect for the individual, and fiscal responsibility.

Hold themselves to the highest standard of integrity, professional ethics, cooperation, and team spirit.

WHAT IS A CREDIT UNION Credit unions are not-for-profit financial

cooperatives created to encourage savings and provide a source of credit for individuals of limited and moderate means.

Credit unions were founded on the principle of "not for profit, not for charity, but for service." The philosophy of "people helping people" is the cornerstone of our movement.

Credit union Members share ownership of their credit union, and have democratic control (one Member, one vote). They elect from their midst a volunteer Board of Director.

WHAT IS A CREDIT UNION

Credit unions, like other financial institutions, are closely regulated. The National Credit Union Share Insurance Fund, administered by the National Credit Union Administration, an agency of the federal government, insures deposits of credit union members at more than 11,000 federal and state-chartered credit unions nationwide. Deposits are insured up to $250,000.

A credit union differs from a bank or savings and loan because it operates as a financial cooperative. Rather than paying stockholders dividends, all credit union excess earnings are passed along to its Members in the form of competitive rates, additional products and services, and lower fees.

SCHOOLSFIRST BACKGROUND Founded in 1934 when a group of 126 school

employees pooled together $1200 to form a financial cooperative.

Their philosophy Not for profit, not for charity, but for service

Now serves more than 2000 times the number of members

One of the best capitalized credit unions in the country.

Serves 28 locations throughout Riverside, San Bernardino, Los Angeles, and Orange counties and over 915 Teammembers.

EXTERNSHIP SITES

INTERVIEWWith Robin Patino

SchoolsFirst Comptroller

ROBIN PATINO, COMPTROLLER Comptroller since 2004

Responsibilities include managing the financial department for SchoolsFirst.

Oversees financial reports within the organization and audits conducted from outside public accounting firms

Certified Public Accountant A certified public accountant is licensed by the state. In California, you are required to demonstrate knowledge and

competence by passing an exam, meeting high educational standards, and you must complete a specified amount of general accounting experience.

Auditor in public accounting firm in Boston Accountants help to ensure that firms are run efficiently, public records kept

accurately, and taxes paid properly and on time. They analyze and communicate financial information for various entities such as

companies, individual clients, and Federal, State, and local governments. They provide information to clients by preparing, analyzing, and verifying financial

documents—many accountants also offer budget analysis, financial and investment planning,

COMPTROLLER Job Description

Basic Function: The comptroller position is accountable for the accounting operations of the company includes the production of periodic financial

reports maintenance of an adequate system of

accounting records and comprehensive set of controls and budgets designed to mitigate risk

enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.

EXTERNSHIP SITES

INTERVIEWWith Matt Weiss

Human Resource Analysts

MATT WEISS, HUMAN RESOURCE ANALYST Education

Bachelors degree in Economics from University of California, Santa Cruz

Worked in SchoolsFirst Accounting department for several years

Job DescriptionPerforms professional analysis in recruiting

and testing, classification, compensation, and other areas of human resources management

Gathers, evaluates, and analyzes a wide variety of data and information; and performs related duties as required.

SCHOOLSFIRST ORGANIZATIONAL CHART

EXTERNSHIP SITES

INTERVIEWWith Kerry Sipkovich

Human Resource Recruiter

KERRY SIPKOVICH, HUMAN RESOURCE RECRUITER Background

Degree in PsychologyWorked in London for several years in a

employment recruiting office Job description

Develop and execute recruiting plans.Network through industry contacts,

association memberships, trade groups and employees

Coordinate and implement college recruiting initiatives.

Main job is to match the right candidate with the right position

CAREERS REQUIRING A COLLEGE DEGREE

Financial Analyst Analyzes and interprets financial data to help the CFO

and senior management Responsible for monthly reports related to loans Participates in formulating projected income and

expense budgets Prepares various statistical and financial reports

Education/Experience College degree in Finance or Accounting Work experience—2-4 years

CAREERS REQUIRING A COLLEGE DEGREE Manager, Membership Development

Oversees daily operational goals to ensure properly allocated resources result in high quality service and maximum productivity.

Manages employees by establishing annual performance goals, allocating resources, assessing annual performance and determining individual merit, and/or promotional increases.

Responds to telephone and written inquiries, researches problems, and provides information to requesting party. Assists employees with Member service conflicts and written correspondence.

Education/Experience Bachelor's Degree preferred Work experience--3-5 years and knowledge of

educational community preferred.

CAREERS REQUIRING A COLLEGE DEGREE Manager, Payroll Services

Oversees daily operational goals to ensure properly allocated resources result in high quality service and maximum productivity.

Manages employees by establishing annual performance goals, allocating resources, assessing annual performance and determining individual merit, and/or promotional increases.

Responds to telephone and written inquiries, researches problems, and provides information to requesting party. Assists employees with Member service conflicts and written correspondence.

Education and Experience Bachelor's Degree preferred Work experience--3-5 years and knowledge of

educational community preferred.

CAREERS FOR HIGH SCHOOL+ GRADUATES Accounting Representative I

Maintain and reconcile general ledger accounts

Accounts Payable—codes invoices and vouchers

Processes stop payments and cash ordersMaintain records of fixed assets and wire

transfersBalance daily teller cash

Education and ExperienceHigh school diplomaWork experience—1-2 years or some

college (Associate Degree)

CAREERS FOR HIGH SCHOOL+ GRADUATES Member Service Representative I

Process member transactions efficiently and accurately with personal care

Performs various file maintenance including processing requests for change of address, check orders, ordering ATM, etc.

Maintains confidentiality of credit union and member records.

Education and ExperienceHigh school diplomaWork experience—0-6 months

CAREERS FOR HIGH SCHOOL+ GRADUATES Telephone Service Representative

Processes member transactions, provides product and service information over the phone.

Informs member of credit union promotions and/or new products and services

Indentifies and corrects member account problems through research and follow-up

Education and ExperienceHigh school diplomaWork experience—1-2 years or some

college (Associate Degree)

HOW TO GET HIRED: THE RESUME, THE INTERVIEW, TESTS, AND TRAINING

The Resume Keep to one page No spelling or grammar errors Be specific; review the job description and address

company needs The Interview

Dress professionally Practice with friends and family Be prepared to respond to situational

questions such as: “What would you do if . . . ” “How would you handle a customer if . . . “

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HOW TO GET HIRED: THE RESUME, THE INTERVIEW, TESTS, AND TRAINING (CONTINUED)

Tests Basics tests in English, Grammar, Math Personality tests to see what job you would be suited for

Training Member Service Representative attend an eight day

training to learn the following How to navigate through the online system Basics of handling cash Customer service procedures Telephone service

Training in specific areas are conducted offsite

EXTERNSHIP SITES

INTERVIEWWith Susie Silk

Vice President, Branches

SUSIE SILK, VICE PRESIDENT, BRANCHES Education

Started working at SchoolsFirst after high school Attended Community College majoring in Business Attended Chapman University and earned a degree in Business Throughout the years, SchoolsFirst continued to promote her with the

organization. Currently Vice President in charge of half of the 35 branches

Job Description Responsible for leading a credit union branch. Ensure branch staff is providing quality service to members in all areas

of branch operations. Identifying and developing talented employees to become future leaders

within the organization. Provide constant feedback to employees about their performance.  Supervise Branch Employees Create and execute the branch business plan. Sell products and services to members.

WISDOM FOR MY STUDENTS

Information Gathered During Externship

SUMMARYThis was a great experience. What I learned confirmed what

I was doing in the classroom.I became excited about telling my students that a career in

finance is so worthwhile.Able to stress the importance of communication and

teamwork because it is so very important.There are many jobs my students can apply for right out of

high school with the right training. The more education you have, the better the position, but you can also grow from within.

Lifelong learning is vital in the work environment.Technology is essential in today’s workplace. Especially in

Microsoft Word and Excel.Employers are looking for people who are able to think

critically. I formed a partnership with the people I spent time with and

will have them as guest speakers in my classroom.

My thoughts

ABILITIES AND SKILLS TAUGHT IN ACCOUNTING CLASS

Necessary skills for a career in financeA basic understanding of accounting cycle is essential in securing a job in financeKnowledge of general ledger transactionsUnderstanding of financial statements

Ability to communicate effectivelyTo explain financial reporting to managers in

written and verbal communicationTo work in a team environment To communicate complicated financial

information to customers

EMPLOYMENT OPPORTUNITIESAFTER HIGH SCHOOL GRADUATION

The following jobs require a high school diploma and a few years experience with training in handling cash and customer serviceAccounting Representative 1

Member Service Representative I

Telephone Representative

PERSONAL SKILLS REQUIRED Ability to work in teams Communication skills Ability to solve problems Critical thinking skills Ability to work with customers Knowledge of sales techniques in order

to introduce customers to new products Ability to navigate through technology

and to assist customers in their technology needs

Knowledge in basic financial areas covered in a credit union.

THANK YOU!!!Robin Pantino

Matt WeissKerry Sipkovich

Susie Silk For the time you took to teach me about

credit unions and careers my students may explore.