Senior Accountant

Navy Federal Credit Union
Vienna, VA
Oct 14, 2021
Oct 17, 2021
Full Time
Email Job Description YOUR LIFE'S MISSION: POSSIBLE You have goals, dreams, hobbies and things you're passionate about. What's Important to You Is Important to Us We're 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 them-friends, family and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it. * FORTUNE 100 Best Companies to Work For(R) * Computerworld(R) Best Places to Work in IT * FORTUNE(R) Best Workplaces for Millennials * Forbes(R) America's Best Employers Basic Purpose To execute Navy Federal's financial accounting processes by applying federal and industry regulations and standards. Support the accurate reconciliation and maintenance of the organization's financial statements and reports. Works independently within established procedures/practices, makes recommendations and with moderate guidance. Responsibilities: * Perform accounting activities to include review and analysis of financial statements, ledgers, reconciliations and associated accounts to ensure accurate application of industry standards * Perform monthly close activities to include preparing, reviewing and monitoring entries to the Trial Balance, Balance Sheet and Income Statement accounts and posting of adjustments * Perform account reconciliations, analytics and variance analysis, and provide sufficient supporting documentation and insight into on-going trends * Apply basic to broad knowledge of Generally Accepted Accounting Principles (GAAP) and Accounting Standard Codification (ASC) to the preparation of NFCU financial statements * Ensure compliance with GAAP and ASC by applying accounting standards in the preparation of NFCR financial statements * Identify simplifying assumptions and accounting methods and instances of incorrect application of GAAP/ASC; quantify the impact of such treatment and recommend solutions * Lead and guide junior team members with proper classification of transactions and funds, and the resolution of misapplied funds or outstanding items * Conduct in-depth analysis to identify, isolate and resolve discrepancies, and contribute to quality control and process improvement * Investigate, resolve and/or escalate complex discrepancies, data entry errors and out of balance situations; prepare and present recommendations for immediate action or proposals for policy changes to prevent losses * Build business unit relationships and serve as point of contact for inquiries and problem resolution in collaboration with all levels of management and staff * Perform technical research to assist with responses to inquiries from internal and external auditors * Perform variance analysis and generate reports including associated justification * Identify and participate in process and automated improvement initiatives; assist with integration testing and present recommendations for implementation * Mentor and guide other accountants with interface posting discrepancies and validating system generated reports * Ensure compliance and keep abreast of emerging accounting policies/updates and assist with the maintenance of the Accounting Policy Manual * Prepare and reviews internal and external reports, schedules and statements * Identify gaps in financial controls, develop and present recommendations for alternative/corrective action * Lead small projects or support project groups across departmental lines by applying accounting knowledge to development or enhancement initiatives for new systems and automated processes * Participate in task/project groups across department lines; assist with system design/development and participate in integration testing; communicate accounting knowledge and business processes * Maintain relationships with external contacts and all levels of management and staff; act as resource for the resolution of complex problems * Mentor and review work of junior level team members * Perform other duties as assigned Qualifications: * Bachelor's degree in Accounting, Finance or a related field or the equivalent combination of experience, education and training * Experience in an accounting role demonstrating an significant knowledge and understanding of accounting functions and transactions, reconciliation techniques and technical accounting information * Working knowledge of GAAP and general working experience with technical accounting memos * Experience with financial/accounting systems (eg, Peoplesoft, General Ledger) used in the management and analysis of financial data * Working knowledge of SOX control environment including documentation and testing of controls and their effectiveness over financial reporting * Demonstrated ability to work independently and to coach, train and guide teammates in the application of GAAP and accounting rules * Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy * Experience working with cross-functional teams and the ability to lead small projects or portions of projects * Effective interpersonal skills and the ability to collaborate with both internal and external contacts and to respond to requests regarding complex financial information/data * Ability to present findings and conclusions clearly and concisely * Effective analytical, organizational and problem solving skills * Working knowledge of PC applications to include Microsoft Office, particularly Excel, Access and PowerPoint * Ability to work both independently and in a team environment to include mentoring/guiding teammates * Advanced skill maintaining accuracy with attention to detail and meeting deadlines * Effective verbal and written communication skills * CPA preferred or demonstrated intention to pursue or currently pursuing CPA certification Hours: Monday - Friday, 8:30am - 5:00pm Location: 820 Follin Lane, Vienna, VA 22180 Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. The salary range for this position is: $32.00 - $40.00 hourly * 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/Disability Disclaimer Navy 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 Act Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

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