Financial Resources FCU has been designated one of the Best Places to Work in NJ since 2022! At FRFCU, we are "putting people first" and that starts with our employees! Come see why our team members have voted us for Best Places to Work in NJ for 4 years in a row!
Financial Resources is a not-for-profit federal credit union with locations in Somerset, Hunterdon, Middlesex, Union and Hudson Counties. With a history of serving our members for more than 100 years, we have grown to more than $650 million in assets serving more than 29,000 members with 6 public access branches and a team of 100 employees. We are available Nationwide!
Financial Resources Federal Credit Union is looking for a full-time, Accountant with growth potential to join our team and make a difference in peoples’ lives! This key role is critical in supporting the AVP, Accounting and VP of Finance. FRFCU is looking for a bright, dynamic individual for this highly-visible position who is hands on and will take the team to the next level. Come grow with us!
Financial Resources is a not-for-profit federal credit union with locations in Somerset, Hunterdon, Middlesex, Union and Hudson Counties. With a history of serving our members for more than 100 years, we have grown to more than $650 million in assets serving more than 29,000 members with 6 public access branches and a team of 100 employees. We are available Nationwide!
We are looking for someone who exemplifies the following traits:
- Caring and Teamwork
- Initiative and Self-Development
- Ethics and Job Knowledge
- Analytical Thinking and Productivity
- Computer Skills and Problem Solving
Some of your essential duties will include, but are not limited to:
- Be primarily responsible for Accounts Payable by processing invoices, tracking vendor payments and working with vendors and departments to ensure timely and accurately payments.
- Review critical general ledger accounts daily, including vault cash, transit checks, nonpost accounts, loan suspense accounts, cash over/short accounts, etc. Work with departments/branches to get the issues resolved timely.
- Assist with month-end closing, including preparing month end journal entries and financial statements in accordance with GAAP, FASB standards and NCUA regulatory requirements.
- Assist with quarterly NCUA call report, including preparing supporting schedules and pages.
- Prepare monthly general ledger account reconciliations in full detail and address/resolve reconciling items in a timely manner.
- Prepare monthly branch cost accounting reports, including analysis of allocations and branch profitability to ensure accuracy.
- Prepare bank reconciliations.
- Maintain loan/share data including uploading loan/share files into the data warehouse (Visible Equity) and performing related reconciliations.
- Prepare financials for Financial Resources FCU Foundation.
- Prepare routine reports for management to monitor loans, deposits and liquidity, such as weekly share/loan report and cash balancing report
- Be responsible for cash management activities, including monitoring daily cash balance, forecasting liquidity position and determining borrowing needs.
- Ensure all activities are in accordance with GAAP and the accounting records are maintained accurately and in compliance with laws and regulations.
- Perform and monitor activities of fixed assets and prepaid expenses.
- Update accounting procedure manual as required/needed.
- Assist with internal and external audits/examinations.
- Prepare special and recurring reports relating to accounting activity.
- Take initiative to make recommendations for improvements. Be an information source for colleagues.
What we offer to our team members:
- A competitive salary
- Generous paid time off
- Work/Life Balance Program after 90 days that includes a 4 day work week and a hybrid work model
- Health, dental and vision plans for employees and their families
- Health Savings and Flex Spending Accounts
- Paid Parental Leave Programs
- Short and Long-Term Disability Programs
- Company provided life insurance and low-cost supplemental insurance plans
- 401K with 100% employer match, up to 6%, after one year and potential for additional profit-sharing contributions
- Paid volunteer days
- Opportunities for career advancement with continuous learning and development
- Tuition reimbursement
We as that you have the following:
- Bachelors Degree in Accounting or Finance
- At least 2 years of related accounting experience
- Professional, well-developed, interpersonal skills necessary for communicating with members, visitors, callers, vendors and co-workers
- Intermediate mathematical skills (calculations and concepts involving percentages, fractions, decimals, algebra, etc)
- A strong working knowledge of Generally Accepted Accounting Principles, NCUA Rules and Regulations and FASB standards
- Thorough knowledge of Microsoft programs with advanced Excel skills