Controller

Health network located in Queens, NY is seeking a Controller to join their team. Responsible for ensuring excellent service delivery to both internal and external members. The Controller also oversees the development and maintenance of the Credit Union’s fiscal record-keeping systems using generally accepted accounting principles (GAAP). This role ensures compliance with all relevant laws and regulations to accurately reflect the Credit Union's financial position. The Controller guarantees smooth and efficient financial operations in alignment with Credit Union policies and procedures.

The ideal candidate has 5 years in a controller role within a Credit Union.

The position is paying up $100K and the firm is looking to hire ASAP

Responsibilities:

• Upholds the MEFCU Promises in assisting both members and colleagues to ensure prompt and effective service. Fosters teamwork, values the opinions, skills, and contributions of others, and promotes collaboration for the benefit of the organization.
• Contributes to achieving established goals while adhering to Credit Union standard operating procedures, state and federal regulations, and guidelines. Responsible for the accurate completion of daily tasks and timely data entry.
• Develops, tests, and implements policies and procedures (both manual and computerized) for maintaining accurate accounting records and generating reports.
• Manages the general ledger system, reviewing daily reports, and setting up new ledgers and transactions for current and new products or processes. Additionally, oversees the Fixed Assets System, Accounts Payable System, and the FISERV Portico system to ensure data accuracy and full system utilization.
• Responsible for recording and reporting tangible taxes, backup withholding, tax exemption status, and credit life & disability insurance.
• Manages the preparation and accuracy of the quarterly NCUA 5300 Call Report, including maintaining the profile and associated work papers. Ensures follow-up on historical errors or discrepancies in reported data.
• Processes the CECL calculation, supports the CEO with Credit Union investments, and approves consumer and mortgage loans when necessary.
• Evaluates, processes, and maintains loan participations.
• Resolves complex member transactions and department inquiries, using computer systems to process account activities, determine balances, and address issues within authorized parameters.
• Responds to inquiries or refers them to the appropriate department or personnel.
• Monitors liquidity analysis to assess deposit and loan seasonality and ensures adequate liquidity to meet minimum needs. Tracks daily cash flow of the Credit Union’s liquid assets.
• Maintains accurate records of Credit Union investments and investment income. Ensures investments are appropriately classified in the Statement of Condition, following Credit Union policies and GAAP. In consultation with the CEO and within management's delegated investment authority, makes investment decisions.
• Develops and implements streamlined processes to automate the accounting department's tasks. Assists the CEO in updating policies and procedures for the Credit Union.
• Oversees the creation of monthly financial packages and financial presentations for the board. Develops the monthly financial presentation provided to the board.
• Assists the CEO with preparing the annual budget and projections, based on input from management and the board. Stays informed about financial industry trends to support the CEO’s decision-making.
• Supports the CEO and Office Manager in gathering required records and reports for external auditors/examiners, providing assistance as needed during on-site visits.
• Prepares the quarterly ALM package.
• Acts as a backup for the CEO when necessary.
• Performs other related duties and contributes to special projects as assigned by the CEO.

Requirements:

• Bachelor’s degree in Finance from a four-year college or university, or five to eight years of relevant experience and/or training; or a combination of education and experience. Work experience should include a solid background in accounting/finance and exceptional customer service.
• Educational experience, including in-house training, formal schooling, or industry-related curriculum, should be applicable to the financial sector.
• Knowledge of general accounting, financial management, budgeting, and related record-keeping systems within a financial institution.
• Keeps up to date with GAAP and FASB standards and communicates any relevant changes.
• Familiarity with state and federal banking compliance regulations and Credit Union policies and procedures.
• Advanced proficiency in personal computer operations, word processing, and spreadsheet software.
• Strong oral, written, analytical, and interpersonal communication skills with the ability to follow and give clear instructions, interpret documents, and write reports and correspondence. Able to communicate effectively with both members and employees.
• Capable of resolving complex problems with multiple variables in non-standard situations.

Excellent organizational and time management abilities, with the capacity to manage multiple tasks, work indepen