Job details

Accounting Manager

Company Description

First Financial Federal Credit Union is a not-for-profit financial cooperative providing banking products and services to its members in Monmouth and Ocean County. Our goal is make a first rate difference in our Member’s lives by providing the highest level of quality products and personalized services while maintaining financial integrity and stability. We have been putting people first and enriching our Member’s lives since 1936 by identifying their needs and providing trustworthy and value added solutions.

First Financial Federal Credit Union is a technology driven organization with efficient systems and easy to deliver products. We are par with community banks and can provide you with the kind of environment where your skills and talents can make a difference that will be noticed.

Job Description

Reports to the VP/CFO. Has knowledge of and is able to perform all functions on all products and services of the accounting department. Is responsible for efficient operations and ensures that members are served professionally and efficiently. Utilizes knowledge and experience in exercising discretion and independent judgment in resolving problems and answering questions.

Essential Duties and Responsibilities include the following:

Have thorough knowledge of all phases of functions performed in the accounting department including:
- Checking
- Payroll Deduction
- ACH/ Direct Deposit
- Accounts Payable
- General Ledger
- Financial Analysis
Responsible for:
- Preparing and submitting quarterly NCUA 5300
- Calculating and preparing monthly Fixed Assets and Prepaids
- Profitstar monthly updates and annual budget data collection
- Calculating, reconciling and paying monthly Backup Withholding
- Preparing and recording monthly Insurance Premiums
- Preparing Monthly Board of Directors financial package
- General Ledger month end close including financial reports
- Various Bank and Account Reconciliations
- Posting and Reconciling of all Loan Participations
- Reconcile loan portfolio, delinquency, charge-off’s, and recoveries monthly
- Posting and Reconciling Government Guaranteed Loans
- Reconciling and posting Investment purchases, redemptions, and interest
- Compliance and preparing the department for internal and external audits, regulatory exams
- Annual Escheat
Manages the daily operations of the department to insure effective performance of its staff.
Prepares annual evaluation of employees supervised.
Able to interpret Credit Union policy for accounting personnel and to train them in following regulations and procedures.
Assume responsibility for the assets, security of the department and overall safety and well-being of the staff.
Support the efforts of staff members to respond to member complaints; exercise ability to intervene and resolve problems by applying Credit Union policy with good judgment in responding to discrepancies or problems with member accounts.
Able to make recommendations in changes of policy and procedures as needed.
Is responsible for the Federal Reserve’s Fedline Program including ACH, Wire Transfer, Accounting Services, Currency Orders and Implementing updates.
Assist VP/CFO with any duties that might be needed.

Qualifications

Bachelor’s Degree in Accounting required. MBA preferred.
Completion of various training and management programs as needed and participation in new studies and programs as they are required.
Five to ten years of experience in various functions of the accounting department.
Exceptional analytical skills to evaluate financial and budget performance.
Excellent knowledge of all phases of accounting operations, products, and services.
Strong computer skills, knowledge of accounting and database software, proficient in Excel.
Proficient in data analysis and data warehousing.
Strong ability to research, analyze and solve problems
Excellent writing skills and interpersonal skills in listening and oral communication.
Able to work independently with minimal supervision.
Physical demands of the job involve work such as exerting up to 20 pounds of force, occasionally and up to 10 pounds of force frequently, and/or negligible amount of force constantly to move objects. Requires walking and standing. Requires sitting most of the time, but entails pushing and/or pulling of arm or leg controls. Requires working at a production rate pace entailing the constant pushing and/or pulling of materials even though the weight of the materials is negligible.

Additional Information

As a First Financial employee, you'll enjoy a challenging work environment. Our benefit package includes Medical, Dental, Rx, Vision, Life Insurance, 401K Plan, Pension Plan, Vacation, Sick and Personal time.

Equal Opportunity Employer/Veterans/Disabled

First Financial Federal Credit Union Glassdoor Company Review

3.0

First Financial Federal Credit Union DE&I Review

3.64

CEO of First Financial Federal Credit Union

Issa Stephan

Approve of CEO

Average salary estimate

$80000 / YEARLY (est.)

min

max

$70000K

$90000K

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What You Should Know About Accounting Manager, First Financial Federal Credit Union

Are you looking for an exciting opportunity to make an impact in the financial sector? First Financial Federal Credit Union is on the hunt for an experienced Accounting Manager to join our vibrant team in Freehold, NJ! In this pivotal role, you will report directly to the VP/CFO and drive the efficiency of our accounting department while ensuring that our members receive top-notch service. Your extensive knowledge in all functions of accounting will enable you to perform essential duties such as payroll, accounts payable, financial analysis, and much more. You will take charge of preparing quarterly reports and managing the month-end close, all while leading a dedicated team. Collaboration is key here, as you will be working closely with management to ensure compliance and regulatory requirements are met. We value your insights and encourage you to recommend policy and procedure changes to improve operations. With a Bachelor's degree in Accounting and substantial experience in the field, you will not only have the technical skills needed but also exceptional analytical abilities to evaluate our financial performance. If you are keen on making a difference and growing within a technology-driven organization, this is the place for you! Join us at First Financial, where we have been committed to enriching our members' lives since 1936. Come and be a vital part of our mission today!

Frequently Asked Questions (FAQs) for Accounting Manager Role at First Financial Federal Credit Union

What are the main responsibilities of an Accounting Manager at First Financial Federal Credit Union?

As the Accounting Manager at First Financial Federal Credit Union, you will be responsible for overseeing all accounting functions, including payroll, accounts payable, and financial reporting. You will ensure that the accounting department operates efficiently while maintaining compliance with regulations. Additionally, you will prepare quarterly NCUA reports, manage the month-end close process, and lead a team to deliver exceptional service to our members.