Company: Lafayette Federal Credit Union
Posted on: November 22, 2021
*ONLY HIRING IN DC, MD and VA*
Description Lafayette Federal Credit Union has been dedicated to
providing the highest level of service to our members since 1935.
We understand that in order to give the best to our members we must
give the best to our team. As an institution, we are committed to
the success of each employee and the betterment of our community.
We are proud of our competitive pay and attractive benefits package
that provides those with Lafayette Federal careers the resources
needed to manage their heath, promote their well-being, and help
plan an exciting future.
We are currently seeking an Accounting Manager to join our winning
team. Reporting directly to the Vice President of Accounting, this
position will be primarily responsible for supervising the daily
operations of the Accounting Department. The person in this role
will directly supervise and coordinate the activities of the
clerical accounting personnel and implements established plans,
goals, and objectives. This person will also prepare financial
reports, including annual plan and operating budgets, ensuring
complete, accurate, and timely completion of financial and
accounting records for the Credit Union.
More specifically, the - Accounting Manager -will:
Manages the monthly reconciliation process for Sales &
Participations. Oversees the postings and reporting process.
Coordinates with the Servicing Departments on issues. Works
directly with third-party vendor to ensure timely completion of the
Manages the daily operations of - -the department. Assigns and
monitors tasks of staff members, provides - -training, sets
schedules, ensures policies and procedures are followed, and -
-deadlines are met. Reports progress towards goal achievement to
management. -Makes suggestions to improve operations and
procedures. Implements changes in - -operations, policies, and
procedures as directed. Understands duties and - -functions of
Assists in performance appraisals, establishes goals and action
plans, and sets up performance improvement plans and disciplinary
actions. Participates in hiring and firing decisions, and
recommends promotions. Approves time records and time off requests.
Motivates, coaches, and mentors staff. Resolves employee conflicts,
identifies problems, and gives input to management on problem
resolution. Acts as a mediator between staff and management
Assists in development of 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
Maintains effective communication and coordination with Credit
Union personnel and with management.
Stays informed of developments in the accounting field and of
changing governmental and legal requirements.
Works with auditors/examiners on audits, including year-end
As directed by management and/or the SVP of Risk Management, be
responsible for understanding and complying in an accurate and
timely manner with all annual mandated training requirements that
pertain to your position at Lafayette Federal CU including but not
limited to Bank Secrecy Act/Anti-Money
Laundering/OFAC/Cybersecurity/Diversity & Anti-Harassment/Fair
Be responsible for understanding and complying in an accurate and
timely basis with all Bank Secrecy Act/Anti-Money Laundering/OFAC
requirements that pertain to your position at LFCU and as directed
by management and/or the SVP of Risk Management.
Performs other duties as assigned.
Requirements Qualified candidates will have:
A positive credit standing
Three to eight years of similar or related experience
A master's degree in a similar or related field, or
A bachelor's degree in a similar or related field plus a
professional certification (e.g. CPA).
Excellent written and verbal communication skills.
Excellent organizational and time-management skills
Ability to function in financial institution environment and
utilize standard office equipment
Courtesy, tact, and diplomacy are essential elements of the job.
Work normally involves contacts with persons beyond immediate
associates generally regarding routine matters for purposes of
giving or obtaining information, which may require some discussion.
Outside contacts take the form of service to the public (members or
vendors) requiring ordinary courtesy in providing assistance and
information. Obtaining cooperation (internally and/or externally)
is an important part of the job.
In depth knowledge of Credit Union regulations, legislation and
financial reporting and data processing
Fluency with advanced features of various software applications
including proficiency with spreadsheet and database
Keen attention to detail
Excellent analytical skills, people skills and self-direction
Ability to effectively interact and communicate with Senior
Management and/or outside regulators, investors and business
Proficiency in Excel and Word required
This position requires manual dexterity, the ability to lift files
and open cabinets.
This position requires bending, stooping or standing as
This job operates in a clerical office setting. This role routinely
uses standard office equipment such as computers, phones,
photocopiers, filing cabinets and fax machines. Office environment
with job duties conducted via telephone, face to face meetings, and
on the computer.
*Lafayette Federal Credit Union is an equal opportunity and
Keywords: Lafayette Federal Credit Union, Rockville , Accounting Manager, Accounting, Auditing , Rockville, Maryland
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