VP of Finance/ Controller - Syosset, United States - MDDC Credit Union Association

Description

Market USA FCU, a $139 million asset credit union in Laurel, MD is seeking a VP of Finance/ Controller to join our team.

The Controller will manage our Accounting/EFT Department.


Primary duties:
Prepare financial, statistical, and accounting records of the Credit Union.

Ensures accounting functions are completed in accordance with established Credit Union procedures and generally accepted accounting principles (GAAP) and any other applicable regulations.

Oversees the daily operations of the department, including ACH, check processing, debit/ATM card ordering, and wire transfers.

Assigns and monitors tasks of subordinates, provides training, sets schedules, ensures policies and procedures are followed, and deadlines are met.

Tracks progress towards goal achievement. Makes suggestions to improve operations and procedures. Implements changes in operations, policies, and procedures as directed. Understands duties of direct reports and assists with coverage of duties when subordinates are absent.
Maintains and reconciles General Ledger for loans, shares, investments, fixed assets, prepaid expenses, accrued income and expenses.

Manage and prepare the following reports:

National Credit Union Administration (NCUA) quarterly call report; Federal Home Loan Bank (QCR); VISA/Plus/Interlink quarterly report; escheatment reports; and other internal/external reports, as required.

Oversee cash management functions of the credit union to ensure cash funds are reconciled and bank account balances are managed daily.

Process payroll and related reports and for all credit union employees. Ensures completion of all required federal and state payroll tax reporting in conjunction with the payroll processor. Manages benefit payments.


Education & Experience Experience:
Three years to five years of similar or related experience preferably in a credit union or banking environment

Education:
A bachelors degree in related field.

Requirements Other Skills Thorough knowledge generally accepted Accounting principles (GAAP), the financial markets, Credit Unions and the analysis and reporting of financial data.

Spreadsheet Software Proficiency in Microsoft Excel and other Microsoft Office software. Supervision, Assists, coordinates, manages, and directs others. Organizes work flow to accomplish established objectives, delegates tasks, ensures adequate training, evaluates subordinate effectiveness, and administers necessary discipline.
Additional Comments Market USA FCU is a certified Great Place to Work employer. Market USA was formed in 1953 and is focused on improving the financial lives of its members.

Market USA FCU offers competitive salaries and a comprehensive benefit package including medical, dental, generous paid time off, casual back office dress, back office pet policy, hybrid work model, employee banking benefits, an employer matching 401(K) Plan, life insurance, long term disability and career advancement opportunities.

For more information on Market USA, please visit our website at up with the latest industry info, advocacy updates, member spotlights and upcoming events.

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