Accountant IV, Payroll

Alexandria , Virginia
Oct 29, 2016
May 15, 2017
Accountant, Finance
Full Time

PenFed is hiring an Accountant IV, Payroll in Alexandria, VA . The primary purpose of this job is to develop new procedures to enhance the efficiency of processes and ensuring compliance with all related regulations, policies and procedures. This position will work with outside vendors such as 401k administrator and Pension Actuary and will research the application of complex accounting pronouncements and standards. 

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

    Participate in all facets of the daily operations of the Payroll and Benefits department, ensuring the accurate completion of all section duties within established time parameters and in accordance with all related regulations, policies and procedures, and state and federal laws. Prepare, develop, implement, and administer the departmental records, systems and procedures. Oversee, monitor, and quality control the data entry of all the payroll records. Participate in the planning, implementation and administration of programs to develop, adjust, and/or enhance payroll systems and procedures as required, due to changes in tax laws, regulations, and institutional pay policies or compensation initiatives. Plan, coordinate, and oversee the production and distribution of all employee tax statements and notifications as required by law while interacting with external administrators & actuaries. Develop and implement section standards, policies and procedures, notifying staff as appropriate. Provide input to and coordinates changes in Payroll and Benefits systems with appropriate vendors. Participate in the maintenance and implementation of changes to the Payroll and Benefits systems and provides input into the development and changes to other automated Payroll and Benefits systems. Assist NCUA Examiners, external and internal Auditors during periodic examinations and audits.


Education and Experience

Equivalent combination of education and experience is considered.

    Bachelor’s Degree in Business, Finance, Accounting or a related field is preferred. Experience with payroll PeopleSoft HR is highly desired. Minimum of five (5) years’ of experience in accounting and payroll reporting is required, PeopleSoft Payroll experience preferred.


Supervisory Responsibility

    This position may or may not supervise employees.

Licenses and Certifications

    There are no additional certifications required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.




Limited travel to various worksites is required.


Physical Demand

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is required to meet the following physical demands:

Physical Demand






























Bending, Stretching or Reaching










Talking on the phone, person-to-person & in group





Hearing on the phone, person-to-person & in group





Vision for near, mid-range, far, peripheral, depth and color





Use of computer





Use of telephone





Use of office equipment





Pushing/pulling/lifting/ carrying from 5 to 50 lbs.









About Us

Founded in 1935, and still growing, we began as the War Department Federal Credit Union.  Today, PenFed is one of the country’s strongest and most stable financial institutions with over 1.5 million members and over $21 billion in assets.  We serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa. 

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality.

We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.



PenFed is an Equal Opportunity Employer

PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.  PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.


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