Address
Form of workJob Description
- Do you have experience forecasting to include the creation, monitoring, analyzation and updating of monthly financial statements, ALCO reports, annual plans, and operating budgets?
- Do you have experience in the preparation the annual budget, budget presentation, growth goal forecasts, PBIP Scorecard, and other goal related reporting?
Reporting Manager to join our winning team. Primarily, the Financial Reporting Manager will assist the Chief Financial Officer and the VP of Finance in Financial Reporting and forecasting to include the creation, monitoring, analyzation and updating of monthly financial statements, ALCO reports, annual plans and operating budgets, and comply with reporting for asset liability management, investments and liquidity and contingency funding.
- Preparing the monthly treasurer’s and management reports, write-ups, and minutes.
- Assisting the VP Finance in the preparation the annual budget, budget presentation, growth goal forecasts, PBIP Scorecard, and other goal related reporting
- Preparing, monitoring, analyzing, and managing the periodic reporting including but not limited to:
- Member Business Lending Report, with which monitors business lending relationships;
- Daily Cash Forecasting Report, with which predicts and monitors the credit union's liquidity levels with the Federal Reserve Bank;
- Quarterly Liquidity Projections Report, with which models trend changes in cash flow with the rebalancing of the portfolio;
- Cost of Funds Reports, with which monitors the total cost of liabilities on the Balance Sheet;
- Risk Management Reports: Financial, Liquidity, ALM, MBL and FR2900
- Indirect Lending Reports
- Supporting analysis of monthly close, cyclical forecasts and annual budget development (internal and external) and reviews and management of indirect rates/expenses and capital budgeting process
- Developing and improve reporting, forecasting, data modeling, and budgeting processes as part of continuous improvements throughout the company
- Managing, training, and mentoring the Financial Report Analyst(s)/Specialist(s)
- Addressing process and financial management issues and looking for continuous improvements for cost efficiencies and improvements to products, pricing and processes by monitoring trends in operations and deposit services. Creating and managing profit and loss reports and analyzing expenses by cost function.
- Five to ten years of similar or related experience
- A master’s degree in a related field or;
- A bachelor's degree in a related field, and achievement of formal certifications recognized in the industry (e.g. CPA, CMA, or CFA)
- 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
- Paid time off & holiday leave
- Educational assistance
- Commuter benefits program and more!
About Lafayette Federal Credit Union:
When you choose a Lafayette Federal career, you choose to work in an environment where member focus is our bread-and-butter.We have a stable presence in the Washington Metropolitan area, a tenacious spirit and a genuine love for what we do — serving our members. If you seek a career in banking, our job openings offer you an excellent chance to learn and advance. We are a strong organization, poised for growth, and we are constantly broadening our reach.We believe an inclusive equal opportunity workplace reflects the communities we serve and leads to fresh ideas. Valuing diversity extends to the recruitment and ongoing engagement of employees to member cultivation. It’s part of who we are.Consider a Lafayette Federal career if you want:An opportunity to make an impact in the lives of our membersA chance to work with some of the best minds in banking todayA forward-thinking benefits plan and competitive payAn environment that values differences in peopleEmployee Benefits:We are committed to maintaining an attractive benefits package that gives those with Lafayette Federal careers the resources they need to effectively manage their health, promote their well-being and help plan an exciting future.! We offer an outstanding benefits package that includes: •401(k) with Employer Match and Profit-sharing•Generous Paid Time Off Package•Group Health Insurance for Single and Family Coverage•Flexible Spending Account•Health Savings Account with Employer Funding•Life and Accidental Death and Dismemberment Insurance•Short and Long-Term Disability Insurance•Dental Reimbursement•Commuter Benefits•Educational Assistance In addition to the benefits listed above‚ LFCU fosters a great work environment. Just ask our employees!*Lafayette Federal Credit Union is an equal opportunity and e-verify employer.*EOE/AA/VETERAN/DISABLED
