Controller

Job Overview

We are seeking a dynamic and detail-oriented Controller to lead our financial operations and ensure the integrity of our fiscal record keeping. As part of the executive management team the Controller is responsible for ensuring the accurate internal and external recording and reporting of financial transactions, developing, implementing and maintaining internal controls and managing the investment portfolio to minimize interest rate risk.

This pivotal role is involved in nearly all aspects of credit union operations and strategy. As a Controller, you will drive financial strategy, manage complex projects, and drive the entire credit union to deliver successful outcomes for members.

Responsibilities

• Supervises, trains and appraises the Accounting Department staff (currently 2 reports).
• Oversees daily accounting functions such as bank and general ledger reconciliations, accounts payable, accounts receivable, ACH processing, wire transfers, ATM balancing and payroll functions.
• Oversees various other accounting functions such as budgeting, cost accounting, CECL calculations, fixed asset accounting and branch statistical reporting.
• Manages the investment portfolio, monitors interest rate risk and prepares Asset Liability Management (ALM) data for analysis by third party.
• Ensures the accurate internal and external recording and reporting of financial transactions.
• Prepares reports for the board of directors, external users, and government agencies including financial statements, asset/liability management reports and NCUA Call Reports.
• Coordinates with external auditors and regulatory examiners
• Serves as a resource in all aspects of accounting ensuring all accounting activities are within established legal and regulatory guidelines as well as Credit Union procedures.
• Ensures that the Accounting Department supports the overall goals of the Credit Union and that accounting services are delivered professionally and efficiently.
• Establishes and maintains effective business relations with vendors, outside auditors, regulators, and professional trade groups.
• Develops and implements effective accounting strategies, internal controls, policies, and procedures.

Education: Bachelor’s Degree in Accounting or Finance or commensurate experience.

Position Requirements:

• Minimum 2 years of recent financial institution accounting experience.
• Knowledge of generally accepted accounting principles and standards
• Understanding of ACH processing rules.
• Ability to handle investment accounting, budgeting and current expected credit loss calculations.
• Advanced proficiency with Microsoft Office Suite, especially Excel
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, governmental regulations and a variety of instructions required along with the ability to write reports, business correspondence, and procedure manuals.
• General knowledge of financial institution products and services as well as Credit Union operations and information needs.
• Candidate should have strong interpersonal and communication skills including the ability to effectively present information and respond to questions from group of managers, clients, members and the general public.
• Ability to work independently.
• Technical understanding of automated accounting and other industry information systems.
• Prior supervisory experience is preferred.
• Experience with Symitar Episys is a plus.

Advantage Financial Federal Credit Union is full-service financial institution with $100 million in assets. Its headquarters are near the Metro Center subway stop in downtown Washington, DC.

Pay: $85,000.00 - $115,000.00 per year

Benefits:

• 401(k) 4% Match
• AD&D insurance
• Dental insurance
• Disability insurance
• Flexible schedule
• Health insurance
• Life insurance
• Vision insurance

Work Location: In person

Salary : $85,000 - $115,000