Director, Loan Accounting Transformation Summary PenFed is hiring a Director, Loan Accounting Transformation in Tysons, Virginia. The primary purpose of this job is to implement the new loan accounting system into a run-the-business state; this role will then transition to a full-time, run-the-business role within Corporate Accounting. This role will be responsible for establishing business requirements, overseeing accounting policy elections and developing a transition plan to convert current loan accounting practices across multiple loan portfolios to the new system. 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 . Execute on strategic and operational plans to modernize PenFed s financial accounting infrastructure. Lead the implementation of a loan accounting solution to optimize and refine existing accounting practices. Interact with external business units and loan accounting software provider to develop reporting requirements that will be implemented as part of the loan accounting solution. Responsible for sustainable design and/or fulfillment of: monthly close cycle process, business process optimization, reporting and analysis shared services center, internal control design and deployment. Proactively engage and collaborate with functional leaders (Line of Business Operations and IT), process owners, system users, and business leadership across the company to assess the business operations that deliver data supporting consumer, mortgage and auto loans. Provide leadership and knowledge to implementation team, and support the change management elements of the loan accounting solution to ensure that the changes are sustainable throughout the accounting organization. Develop loan accounting change control discipline to ensure ongoing fidelity of loan accounting results: change control efforts address changes in loan products, loan data-delivery channels and changes from regulatory requirements. Develop documentation, procedures, and applicable training materials for the accounting department. Prepare presentations and communications for stakeholders and senior management. Provide technical accounting guidance to support policies and regulatory changes to conform to GAAP. Oversee accounting topics including fair value accounting under ASC 820, accounting for purchased loans and receivables under ASC 310, loss contingencies under ASC 450 and transfers and servicing under ASC 860. Education and Experience Equivalent combination of education and experience is considered. Bachelor s Degree in Business Administration, Accounting or Finance is required . Minimum of ten (10) years relevant professional experience in financial services, banking or credit unions is required. Minimum of three (3) years experience managing and leading Accounting teams is required. Experience working in a project delivery environment that implements software solutions for finance functions. Demonstrated analytical and problem solving skills and the ability to understand business processes and corresponding data. Ability to discuss relevant accounting issues/concepts effectively with other professionals and non-technical users. Knowledge of project management methodology, processes, tools, scope management, financial tracking, scheduling and resource management. Experience in the development of deliverables and reports and ability to condense highly technical subject matter into clear and effective communications to senior management. Excellent interpersonal, oral and written communication and organizational skills required with ability to work with all management levels. Experience with PeopleSoft, Oracle, Hyperion, Tableau. Advanced experience in Microsoft Office Excel, Word and PowerPoint. Supervisory Responsibility Est. Direct Staff / Est. Full Staff Licenses and Certifications CPA is preferred Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. * Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.* Travel Ability to travel to various worksites and be on-call may be required. About Us Established in 1935, PenFed today is one of the country s strongest and most stable financial institutions with over 1.6 million members and over $23 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, Okinawa, and Portugal. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. 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 management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all 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 571- - .