Financial Accounting Specialist

Company:  MD|DC Credit Union Association
Location: Rockville
Closing Date: 23/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Welcome to Lafayette Federal Credit Union Careers! Our organization is growing, and we are seeking top-notch individuals to provide support to our members. Our employees are a critical component in our endeavor to be the premier financial partner for every one of our members.

If you have experience processing, posting, and reconciling accounts to the general ledger for accounts receivable, and processing and reconciling daily official check settlement, stop payments, and requests for check copies, then Lafayette Federal may have the perfect opportunity for you! We are currently seeking a Financial Accounting Specialist to join our dynamic team!

About Us

Our Difference: Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! We have been recognized nationally by (1) Newsweek’s America’s Best Bank’s list , (2) we’ve received a 5-star rating from Bauer financial , and (3) we’ve also ranked #12 in S&P Global’s Top Performing Credit Union’s in 2022 for the second year in a row!

Our Culture: Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community.

Our Opportunities: Professional development, training, and certification is a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities of advancement within the industry.

About the Role

We are currently seeking a highly motivated Financial Accounting Specialist who will be responsible for processing, posting, and reconciling accounts to the general ledger for accounts receivable, cash receipts, accounts payable, reimbursements, cash disbursements, and payroll.

Requirements

A day in the life of a Financial Accounting Specialist will include:

  • Maintaining all assigned accounts such that they are always in balance and current within 30 days.
  • Reviewing open invoice reports; following up with a schedule of payments or adjustments.
  • Serving as backup support in processing ACH activity and in reviewing all ACH debits and credits for proper posting and reconciliation.
  • Assisting the Wire Department in verifying and reconciling fund transfers. Assisting in the IRA back-office function.
  • Calculating the Allowance for Loan Losses including the Troubled Debt Restructuring analysis.
  • Processing tax levies and garnishments to include communication with members and legal counsel.

Education & Experience

Experience:

  • One to three years with proven work experience as an Accountant.

Education:

  • Master’s degree in accounting, finance, or related field.
  • Thorough knowledge of accounting and financial procedures.
  • Understanding of Generally Accepted Accounting Principles (GAAP).

Top Benefits or Perks

Joining Lafayette Federal comes with perks to support you in your personal and professional journey. We provide employees with a generous benefits package including:

  • Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
  • Fully funded deductible (HMO Plan)
  • 401k employer matching contribution
  • Income protection with life insurance, short and long-term disability

The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.

*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer

*EOE/AA/DISABILITY/VETERAN

How to Apply

Apply Here

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