Controller bei Congressional Federal Credit Union

Congressional Federal Credit Union is seeking a dedicated and forward-thinking Controller to oversee all aspects of financial reporting, accounting operations, budgeting, and compliance. This leadership role is responsible for ensuring the accuracy and integrity of the Credit Union’s financial data, maintaining compliance with GAAP, and driving efficiency across financial processes. The Controller will lead a team of four accounting professionals, manage audits, forecasting, and reporting, and partner closely with senior leadership on key initiatives such as core system transformation and process improvement. Reporting directly to the CFO, this role offers an exciting opportunity to make a meaningful impact on the financial success and strategic direction of the organization.

Work Arrangement: Hybrid – This role is based in Oakton, Virginia and allows for three days of remote work per week, with two days required on-site in the office.

Where you will have an impact:

• Compiles, analyzes and delivers a variety of financial, regulatory, and management reports including the monthly Board packet and other assigned reports.
• Compiles and provides senior management monthly financial reports and variance analyses. Works with stakeholders to build new reports and ensure accurate and ongoing delivery.
• Manage reporting inputs and outputs with particular attention to the underlying data that is used and ensure that the components are valid and accurate.
• Oversee the day-to-day operations of the accounting team:
  • Plan and direct the development and the implementation of the accounting system to improve efficiency.
  • Responsible for the management, direction, and operation of the general accounting and nance activities of the credit union such as the general ledger, accounts payable, fixed assets etc. including updating department policies and procedures.
  • Administers the settlement of securities transactions and their cash flows and manages the accounting and reporting functions for the investment portfolio teaming with the finance department.
  • Ensure that the allowance for loan losses, loan level detail reconciliation, and overall interest income verification are all accurate and appropriate.
  • Manage various department and company projects.
  • Administer the accurate data flow from the accounting department e.g. loan data to consultants, operational data to professional service partners, financial data to networking partners, etc.
  • Performance metrics: Developing and monitoring financial performance metrics (co-lead; enterprise and business unit).
  • Process improvement: Assessing current accounting operations, offering recommendations for improvement, and implementing new processes.
• This role is responsible for the employment, counseling, performance evaluation, training, motivation, and discipline of employees. Establishes and maintains effective communication and coordination with personnel and with management and sets and manages the goals of the accounting team.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must be in full compliance with applicable FASB, and NCUA pronouncements and regulations.
• Responsible for quarterly NCUA call report and other quarterly outputs to vendors and outside professionals. Responsible for the annual financial statement audit including the coordination with auditors, preparation of draft statements and disclosures, preparation and review / preparation of auditor requests. Serves as the primary contact for the financial statement audit.

What You Bring to the Table:

Qualifications and Skills required

• Ten to fifteen years of similar or related experience, accounting experience with 7 or more years of experience managing and coaching small to moderately sized teams, as well as direct supervisory experience.
• A degree from an accredited college or university in accounting or finance is required.
• CPA, CFA or a graduate degree preferred, public accounting experience a plus.

Other Skills

• A significant level of trust, credibility and diplomacy is required.
• In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature.
• Communications may involve motivating, influencing, educating and/or advising others on matters of significance.
• Typically includes subject matter experts as well as first level to middle managers.
• Excellent analytical skills, people skills and self-direction Proficiency with PC accounting, spreadsheet, and word processing software Background in financial data processing systems preferred Strong analytical and communication skills required.
• Must be able to work in groups.
• Strong prioritization and time management skills Strong presentation skills that allow for tailoring of items to specific groups.

Physical Requirements:
Congressional Federal is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.

• Ability to communicate with staff, members and the public.
• Ability to operate standard office equipment.
• Must be able to sit for extended periods of time and to occasionally lift and move items up to 20 lbs. in weight.

Why Join Us?

Compensation – Our goal is to ensure you have a competitive base salary. That’s why we regularly review the market value of jobs and make adjustments, as needed.

Performance and Recognition – You are rewarded for achieving success by merit increases and incentive programs; this position is incentive eligible based on achieving certain targets.

Benefits – We offer a wide array of benefits including medical, dental, vision, short-term and long-term disability, and life insurance, along with a robust retirement program that includes an employer match 401K contribution. As a mark of our commitment to employee well-being, we also offer an employee assistance program and employee wellness.

Work-Life Balance – You will also be eligible for paid vacation of 20 days and 10 days of Sick leave on an annual basis.

Tuition Assistance - We support the career development of all employees. This program provides financial assistance to employees who wish to further their education and career in relation to their current duties and responsibilities, or for potential future positions in the organization.