First Financial Federal Credit Union of Maryland · 1 day ago
Junior Accountant
First Financial Federal Credit Union is a not-for-profit financial cooperative providing banking products and services to its members. The Junior Accountant role involves performing accounting and clerical tasks, providing general accounting support, and ensuring accurate financial reporting and compliance.
BankingCredit CardsFinancial ServicesWealth Management
Responsibilities
Daily work: Reconciling the general ledger on a daily basis by reviewing reports, posting entries, and obtaining and filing various daily financial reports
General ledger reconciliations: Reconciling various general ledger and bank accounts assigned on a daily or monthly basis. This involves reviewing, researching and posting adjusting entries to the general ledger in a timely manner
Cash management: Obtaining balances in credit union accounts daily and calculating the required wire transfers between accounts to ensure availability of funds. Monitoring that the wires requested are processed correctly and on time
Currency orders: Coordinating and processing branch currency orders
Management stats: Reconciling and posting adjustments related to Lending and Savings (Shares) products at month end
Prepaid assets & fixed assets: Calculating and preparing monthly prepaids and fixed assets
945 IRS and NJ500: Reconciling, calculating, and paying monthly backup withholding to the IRS and state of New Jersey
Stale dated checks - Monitoring credit union issued checks for stale dated items monthly. Writing letters to members and/or vendors to notify them of the possibility of the check being stale dated. Putting stop payments in Money Gram, requesting checks, and posting general ledger entries
Monthly Insurance Payment: Preparing and paying monthly insurance premium and reimbursement
Investment portfolio: Posting investment purchases, redemptions and interest. Reconcile monthly investment to broker statements and the general ledger
Accounts payable- Manages vendor records, processes invoices, verifies receipts, and schedules payments
Payroll deduction-Responsible for Payroll processing including proving payroll list against payroll payment received, modify payroll amounts, follow up of any discrepancy or missing information with sponsors. Review all new and changed payroll and ACH authorizations
Providing account analysis as needed/requested for various areas of the credit union
Assisting the AVP, Accounting and Vice President/Chief Financial Officer with any duties that might be needed
Assisting the Accounting Department as needed
Qualification
Required
Two-year Associates Degree in Accounting or equivalent work experience
One to three years' of practical work experience
Thorough knowledge of account reconciliation and accounting principles
Ability to work independently with minimal supervision
Analytical ability in all phases of the job
Ability to take initiative and ownership to thoroughly understand all aspects of the credit union that affect the accounting equation
Proficient in Microsoft Excel and Word
Open to learning and growing professionally
Speaks with poise, voice control and confidence, using correct English and well-modulated voice. Able to talk with and/or signal co-workers and members to convey or exchange information
Knowledge of credit union products and services
Team player and adaptable to change
Benefits
Medical
Dental
Rx
Vision
Life Ins.
Retirement Plans
Vacation
Sick
Personal
Company
First Financial Federal Credit Union of Maryland
Founded in 1953, First Financial of Maryland Federal Credit Union proudly serves the employees, students, and parents of the Baltimore, Carroll, Somerset and Worcester County Public School systems, as well as the employees and families of many area businesses, hospitals, private schools, and colleges.
Funding
Current Stage
Growth StageLeadership Team
Recent News
News - StartUp Beat
2025-09-07
PR Newswire
2025-07-24
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