Accounting Manager, Banking
Accounting Manager, Banking Summary PenFed is hiring an Accounting Manager, Banking in our Alexandria location. The primary purpose of this job is to lead the activities of the Bank Reconciliation and Cash departments, implementing new procedures to enhance the efficiency of processes and ensuring compliance with all related regulations, policies and procedures. Research the application of complex accounting procedures and standards for implementation department wide. Essential Functions (Key Tasks) 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. Administer workload of the team; resolve system and processing issues as they occur. Lead the team in processing monthly General Ledger closing. Generate general ledger banking and cash reconciliation(s) obtaining the inventory of bank statements and activity statements. Manage US GAAP monitoring sources for guidance on current banking and cash management topics, including parent and non-consolidating CUSO requirements. Coordinate with branch and operations teams to identify problems and procedural issues and can be augmented or eliminated to improve operations. Administer training and development of the team members; develop goals, measurements and standards based on department goals. Research and recommend strategic and tactical changes in work processes to improve the level and quality of documents received and to improve timeliness of payments received and credited to PenFed accounts. As a Manager, this role is responsible for ensuring business continuity. Education and Experience Equivalent combination of education and experience is considered. Bachelor's Degree in Business, Finance, Accounting or a related field is required and/or accounting certification. Minimum of five (5) years' of experience in accounting and financial reporting is required. Equivalent combination of education and experience is considered. Supervisory Responsibility This position may or may not supervise employees. Licenses and Certifications CPA or candidate preferred. Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. 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. Equal Employment Opportunity 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.