Finance Officer - Monasterevan Credit Union

Posted 6 days 22 hours ago by Irish League Of Credit Unions

Permanent
Part Time
Other
Not Specified, Ireland
Job Description
Principal Responsibilities of the Role

The Finance Officer will report directly to the CEO and will have responsibility for the delivery of timely and accurate financial management reporting and regulatory reporting along with elements of day-to-day operations of the finance function. The appointee will work with the CEO to ensure that our financial management is in line with regulatory and industry best practice. The role requires 28 flexible hours per week and comes with an attractive Salary.

Key Responsibilities
  • Preparation of monthly, quarterly, and annual management and statutory accounts to include Income & Expenditure Account, Balance Sheet, and other strategic and financial KPI's as may be specified
  • Assist in preparing and monitoring monthly and annual budgets, including reporting on variances from budgets and projections to actual results
  • Preparation of bank reconciliations and journal entries
  • Processing purchase invoicing, accounts payable and reconciliation of creditor accounts
  • Ensuring effective processes and controls are kept in place to accurately measure and report financial performance
  • Maintain investment register and review regularly with CEO
  • Assist in reporting on progress and the achievement of financial and other organisational performance metrics on an annual, quarterly, monthly, weekly or daily basis, as appropriate
  • Support the CEO and other areas of the Credit Union by providing analysis of financial information and associated data
  • Continuous improvement - identification of opportunities for improvement of analysis and reporting and implementation of efficiency models
  • Support the CEO by providing analysis of financial information, with the provision of ad hoc reports that will lead to new business initiatives
  • Ensure that all regulatory returns are completed & submitted in an accurate and timely manner including: Quarterly Prudential Returns, Half Yearly LPLS Insurance Coverage Reports, Quarterly DIRT returns to Revenue
  • Attend training programmes and workshops as required by the credit union
  • Maintenance of policy and procedure documentation in relation to the finance function
  • Support the CEO in any undertakings pertaining to the Credit Union
  • Other ad hoc duties as required
The Person

Accounting Technician with minimum of 2 years' industry or relevant practice experience. Experience in Credit Union Financial Services. A professional financial services qualification such as QFA or a business diploma is also desirable. Typically, you will have:

  • High level of accounting and financial analysis knowledge of Credit Union Financial industry
  • Knowledge of Progress Banking would be very favourable for this Role
  • A commitment to ongoing learning and self-development including developing a thorough understanding of the rules and regulations pertaining to credit unions
  • Proficiency in Microsoft Office suite, especially Excel. Experience and expertise in Data Analytics would be beneficial
  • Excellent report writing and presentation skills with strong attention to detail and a solutions-oriented approach and ability to multi-task and work calmly under pressure to meet deadlines
  • Excellent interpersonal skills; can work effectively as part of a team but willing to take personal accountability

Monasterevan Credit Union Limited is an Equal Opportunities Employer