Financial Analyst

Police Federal Credit Union
Develop, maintain, and manage reliable accounting information and reporting on income, expenses, assets, liabilities, and capital for management planning and decision making, and for fulfillment of financial reporting requirements.
Reconcile general ledger and bank accounts. Manage the activities of the accounting department and staff. Ensure that reports, accounts, systems, policies and practices adhere to generally accepted accounting principles (GAAP).

Location: Mayland - Full-Time (Upper Marlboro)

The 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 Federal Credit Union has a workforce that is committed to exceeding expectations and building lasting relationships to help the organization continue steady growth.

We offer an excellent working environment, good benefits including health, life and 401(k) benefits with employer match after six (6) months, comparable compensation, and generous vacation leave.

Job Summary:
We have an immediate career opportunity for a Financial Analyst. This position will report directly to the Chief Financial Officer. This position’s purpose is to develop, maintain, and manage reliable accounting information and reporting on income, expenses, assets, liabilities, and capital for management planning and decision making, and for fulfillment of financial reporting requirements.
Reconcile general ledger and bank accounts. Manage the activities of the accounting department and staff. Ensure that reports, accounts, systems, policies and practices adhere to generally accepted accounting principles (GAAP).

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

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

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

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

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

Essential Duties and Responsibilities:

1. Responsible for general ledger reconciliation, analysis of financial accounts, and preparation of journal entries. Provide end-of-month close and produce monthly financial statements.

2. Develop and maintain complex computer-based analyses and reports of credit union accounting records on a regular basis.

3. Monitor fixed-asset management.

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

5. Prepare and enter daily and monthly general ledger transactions including investment activity and schedules, pension and 401(k) entries.

6. Analyze and reconcile general ledger for various accounts as assigned.

7. Review and analyze financial data. Generate a variety of reports and statements as requested by management. Prepare financial statements and reports on a regular basis.

8. Post and reconcile the subsidiary records for the accrued income from investment accounts.

9. Responsible for developing and maintaining a Records Retention Program.

10. Monitor member account activity for large cash transactions, structuring, fraudulent activity and other suspicious/irregular activity. Make decisions on possible suspicious activity and consult with the CFO and CEO on all SAR reporting decisions. Organize CTR’s received from the teller department and prepare FINCEN CTR e-fillings. File SAR/CTR Reports with FinCen and notify other law enforcement authorities when appropriate.

General Duties and Responsibilities:

1. Maintain Third Party Vendor Due Diligence Program.

2. Complete quarterly screening of database match against OFAC list and screen database when periodic updates are issues by FinCen. Respond to “314(a)” requests from federal agencies and take appropriate action when required.

3. Perform other duties, to include management of various short-term and long-term projects, as assigned by the CFO.

Qualifications:
Incumbent will have a minimum of five (5) years of credit union experience. A BA/BS degree preferred or equivalent combination of education and experience, preferably in accounting and/or project management. Must be proficient in MS Office computer software.

Worksite:
Although the central offices for Police Federal Credit Union are located in Upper Marlboro, employees may be required to report to work at other branch locations on an as needed basis. The position is full-time and in-person.

We are proud to be an equal opportunity employer!

Website: www.policefcu.com

How to apply:
Please forward your resume to: humanresources@policefcu.org