Controller - LOC Credit Union

Controller

LOC Credit Union, a full-service financial institution, is looking for a Controller who is responsible for managing the daily operations of the accounting department including, but not limited to, overseeing the staff, making sure department policies and procedures follow rules, regulations and GAAP, and all additional responsibilities, which are required in order to ensure a successful business day.

Here at LOC, we take pride in our deep roots beginning in 1935. As an accredited finalist and winner of the Best of the Best Detroit Awards by the Detroit Free Press since 2020, we wear the recognition proudly by our continuous devotion to our membership. The ideal candidate can expect to work for a constantly growing credit union with a "Let's Win. Together." principle!

We also incorporate "winning" into our everyday workplace culture. Our team has described LOC as transparent, evolving, friendly, collaborative, and welcoming.

Duties include but are not limited to:

• Final review and approval of general ledgers and reconciliations, month end closing entries, and financial statements through preparation of the monthly Board reporting.
• Member of the Investment Committee.
• Oversee all investment activity and make sure funds are sent and received timely, including final approval and balancing of monthly activity.
• Oversee quarterly ALM inputs and reports, including analysis and adherence to policy guidelines.
• Assist in preparation of departmental and organizational budgets and variance reports.
• Approve and oversee all accounts receivable/payable activities, including cost monitoring, corporate Visa statements, fixed assets, prepaids, and accruals.
• Oversee the preparation and accuracy of regulatory and governmental reports.
• Responsible for assisting auditors, examiners, Credit Union committees and other special interest groups as necessary.
• Responsible for the integrity of all financial and statistical records of and relating to the Credit Union.
• Assist with special projects, cost analysis and profitability of branches, products, services and membership.
• Prepare proposals for product/service improvement or recommendations of new products/services.
• Follow all policies and procedures of Bank Secrecy Act, (BSA) Anti-Money Laundering and Office of Foreign Asset Control (OFAC). Complete annual testing as required.
• Monitor and ensure the accounting staff is adhering to the Credit Union's policies and procedures.
• Follow established policies and procedures of the Credit Union; reliable and dependable to promote member service and satisfaction.
• Consistently adhere to the Manager's Code of Conduct.
• Other duties as assigned.

Required Skills and Abilities:

• This individual must have proficient computer, communication and organizational skills.
• Detail oriented ensuring efficiency and accuracy.
• Full understanding of the department operations and what is required to run a successful department.
• Expected high level of trust and ability to maintain confidentiality with information.

Experience/education:

• College degree in accounting/finance/business or the equivalent in experience with increasing degrees of responsibility (required)
• Financial institution experience of 4 years or more (preferred)
• More than 3 years in leadership/management role including employee development (preferred)
• Experience leading and managing a project team (preferred)

Benefits include:

• Competitive wages & benefits
• 14 paid holidays
• Paid time off
• 401K matching up to 5%
• Tuition reimbursement
• Engaged Culture
• Career Pathing and more!

If you are a motivated performer and looking to work for a company where your team values you, and the above opportunity is appropriate for you, we invite you to apply today!