Assistant Manager, Operational Accounting

Navy Federal Credit Union
Fairfax, VA
Oct 13, 2021
Oct 15, 2021
Full Time
YOUR LIFE'S MISSION: POSSIBLE You have goals, dreams, hobbies and things youre passionate about. Whats Important to You Is Important to UsWere looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to themfriends, family and passions. And we're looking for team members who are passionate about our missionmaking a difference in military members' and their families' lives. Together, we can make it happen. Dont take our word for it. FORTUNE 100 Best Companies to Work For Computerworld Best Places to Work in IT FORTUNE Best Workplaces for Millennials Forbes Americas Best Employers IND123 Basic Purpose To lead a team of accountants in the execution of Navy Federals financial accounting processes byappropriately applying federal and industry regulations and standards to support the accurate and properreconciliation and maintenance of the organizations financial statements and reports. Assist in leading theoperational strategy and ensure the alignment with the division and corporate goals.Responsibilities:- Assist in overseeing and directing accounting activities required to ensure financial records reflecting theproper application of industry standards to include account reconciliations, analytics and varianceanalysis- Coordinate the month-end closing process; review and monitor entries to ensure accuracy of the balancesheet and income statement accounts- Apply broad knowledge and ensure compliance with Generally Accepted Accounting Principles (GAAP)and Accounting Standard Codification (ASC) by applying accounting standards in the preparation of NavyFederals financial statements- Identify simple assumptions, accounting methods and instances of incorrect application of GAAP/ASC;quantify the impact of such treatment and recommend solutions- Supervise and ensure the proper classification of transactions, funds and the resolution of misappliedfunds or outstanding items- Interpret emerging accounting policies and make recommendations for in-house application andchanges to internal practices to remain in compliance- Supervise and lead in the conducting of in-depth analysis to identify, isolate and resolve discrepancies;contribute to quality control and process improvement- Lead and manage the investigation and resolution of complex discrepancies, data entry errors and out ofbalance situations; prepare and present recommendations for immediate action or proposals for policychanges to prevent losses- Assist in leading projects to include development and integration testing for new or enhancedautomated financial accounting systems- Serve as point of contact for inquiries, problem resolution and audit responses for internal and externalbusiness partners- Stay abreast and ensure compliance with federal/state and industry standards/principles, companypractices, policies and procedures- Develop team capabilities, provide growth opportunities and guide career objectives to ensure staffretention and engagement- Act as manager in the incumbents absence- Perform supervisory/managerial responsibilitieso Ensure adequate/skilled staffing; select employeeso Establish performance goals and prioritieso Prepare, conduct and review performance appraisalso Develop, mentor and counsel staffo Provide input and/or prepare budget requirements for Annual Financial Plan (AFP)o Ensure section/branch goals and objectives align with division/department strategyo Ensure efficiency of operations- Perform other duties as assignedQualifications and Education Requirements:- Bachelors degree in Accounting, Finance, Business Administration, or the equivalent combination ofexperience, education and training- Experience in supervising and leading/guiding employees- Significant experience in supervising, coaching and training team members in the application of complexaccounting rules- Experience in public or private accounting applying complex accounting treatments and resolvingcomplex accounting issues- Advanced knowledge working in SOX control environment to include documentation and testing ofcontrols and the effectiveness over financial reporting- Experience in researching technical accounting issues and making recommendations for the applicationand implementation of accounting principles- Working knowledge of financial and accounting systems (eg PeopleSoft General Ledger)- Experience working with cross-functional teams including demonstrated skill in presenting complexfinancial information clearly and concisely- Advanced skill in managing multiple priorities and meeting deadlines- Experience in initiating, managing and executing change- Advanced analytical, organizational and decision-making skills- Advanced organizational, planning and time management skills- Advanced skill building effective relationships through rapport, trust, diplomacy and tact- Advanced skill influencing and building consensus with business partners- Advance skill speaking and/or presenting in front of groups in a professional setting- Advanced interpersonal, oral and written communication skills and the ability to effectively collaboratewith various external and internal technical and functional contactsDesired Qualifications and Education Requirements:- Advanced degree in Accounting, Finance, Business Administration, or the equivalent combination ofexperience, education and training- CPA designation- Previous experience in the financial services industry- Working knowledge of Navy Federal products, services, policies and proceduresHours: Monday Friday, 8:30am - 5:00pm Location: 820 Follin Lane, Vienna VA 22180 * As a COVID-19 safety measure, our employees must either provide proof of COVID-19 vaccination or follow additional safety protocols, including testing.Salary range: [$98,600] to [$139,400] Due to COVID-19 and social distancing, this position will be temporarily working from home with plans to return to campus at the desired location listed once Navy Federal is back to normal operations. The specific logistics for returning to campus will be determined at a future date by individual leadership. Equal Employment Opportunity Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/DisabilityDisclaimerNavy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Bank Secrecy ActRemains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act. REQNUMBER: 47479-1A

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