Senior Financial Analyst

Company Profile: Police Federal Credit Union, headquartered in the Washington, D.C. metropolitan area, is a full service, not-for-profit financial institution that has been committed to protecting the financial interest of members of the law enforcement community since 1935. Police FCU has a workforce that is committed to exceeding expectations and building lasting relationships to help the organization continue steady growth. We take pride in our employees for their talent, dedication and the difference they make to our law enforcement community.

Police Federal Credit Union has an immediate career opportunity for a Senior Financial Analyst. This position will report directly to the Chief Executive Officer and the position’s purpose is to augment the activities of the accounting department and will be responsible for the core system conversion tasks related to accounting/finance.

Organization Conformance Statement: In the performance of their respective duties and responsibilities all employees are expected to conform to the following:

·        Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and management.

·        Perform quality work within deadlines with or without direct supervision.

·        Interact professionally with other departments, employees, customers, members, and management.

·        Work effectively as a team contributor on all assignments and have general knowledge of Police Federal Credit Union’s operations and services.

Position Purpose: Ensure reports, accounts, systems, policies, and practices adhere to generally accepted accounting principles (GAAP). Ensure financial management and operations support is provided to the credit union. Maintain reliable accounting information, records, and reports. Develop, manage, and maintain reliable accounting information and reporting on incomes, expenses, assets, liabilities, and capital for management planning and decision making and for fulfillment of financial reporting requirements. Reconcile general ledger and bank accounts. 

Essential Duties and Responsibilities: The following are the essential duties and responsibilities of the position:

·        Manage accounting functions to include AP, AR, budgets, cash flow, cost management, credit and collections, financial analysis, financial reporting, and record keeping, general ledger, investments, payroll, and taxes.

·        Responsible for ensuring payroll is processed in accordance with establish procedures, reviewing payroll source documents and preparing preliminary and final reports. Respond to employee questions relating to payroll process.

·        Implement policies and procedures for the accounting department, ensure that policies and procedures reflect current regulations, and are communicated to and properly implemented by subordinates.

·        Reconcile revenue reports, unbilled variances, special projects, payroll, and timesheet reports, and claim disbursements. Prepare daily balance sheet (loan and share) analysis. Prepare daily cash position analysis.

·        Responsible for general ledger reconciliation, analysis of financial accounts, and preparation of journal entries.

·        Ensure that all activities of the department are in accordance with GAAP and that the accounting records are maintained accurately and in compliance with laws and regulations.

·        Assist with audit activities with examiners and external auditors.

·        Develop and implement processes to streamline credit union accounting procedures.

·        Provide regular reports to management of all online accounting activities for the credit union’s accounting/finance department.

·        Monitor fixed asset management.

·        Conduct special accounting studies, analyses, and special projects as requested by management.

·        Perform other duties, to include management of various short-term and long-term projects, as assigned by the Chief Executive Officer.

·        Project lead for core system conversion. Plan, coordinate, and implement all actions needed to perform the conversion.

Qualifications: Incumbent will have a bachelor’s degree in finance and/or accounting or equivalent combination of education and experience. A minimum of (5) years of professional accounting/payroll processing experience, preferably in a credit union or banking environment. Proficiency with Excel is a must.

Work Site: Although the central offices for Police FCU are located in Upper Marlboro, employees may be required to report for work at other branch locations on an as needed basis.

To Apply: Please submit an updated resume and cover letter to humanresources@policefcu.org explaining why/how your skills align with the requirements of this role, along with your preferred salary requirement.

We are proud to be an equal opportunity employer

Website: www.policefcu.org