Senior Accounting Policy Analyst

Employer
Navy Federal Credit Union
Location
Vienna, VA
Posted
Nov 23, 2021
Closes
Dec 04, 2021
Ref
238004126
Function
Accountant, Analyst
Hours
Full Time
YOUR LIFE'S MISSION: POSSIBLEYou have goals, dreams, hobbies and things you're passionate about.What's Important to You Is Important to UsWe'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"A cents € friends, family and passions. And we're looking for team members who are passionate about our mission"A cents € 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 ForA' (R)ComputerworldA' (R) Best Places to Work in ITFORTUNEA' (R) Best Workplaces for MillennialsForbesA' (R) America's Best EmployersIND123Basic PurposeAssist in the development and execution of the accounting policy function and ensure alignment with Navy Federal's overall goals, strategies, mission and vision. Work directly with the Manager of Accounting Policy, leadership in Finance, and stakeholders across the enterprise to:(a) Produce the appropriate accounting assessments and recommendations associated with business initiatives related to products, services, and transactions(b) Monitor and communicate emerging or changing accounting and regulatory standards(c) Assist in representing Navy Federal externally on accounting related matters(d) Develop and maintain an accounting policy handbook for broad consumptionDirect report to the Manager of Accounting PolicyResponsibilities:Communicate summaries of proposals, standards, regulations, and developments affecting Navy Federal in the areas of accounting and disclosureAid in the clear and concise communication of complex accounting and reporting issues to nonaccountantsGain a working understanding of Navy Federal's systems and dataIdentify issues requiring consultations and advice provided to the business and operational accounting teamsLead the processes to effectively document complex accounting and reporting issues and work with external auditors and regulators to support accounting positions, as neededForm relationships with product line personnel to stay informed of new or changing products, services, and transactions to provide decision useful advisory services to leaders in a timely mannerAssist in compiling periodic training to finance and accounting teams on emerging accounting and regulatory standardsMaintain strong organizational skills to drive productivity throughout the teamCompile existing accounting policy documentation to formulate an organized, userA' ?friendly accounting policy handbook for broad consumptionUnderstand the financial reporting data lineage framework to effectively provide advisory services to the business and operational accounting teamsRender assistance in representing the organization externally on matters affiliated with accounting and disclosure issues identified within the financial services industryContribute to a culture of horizontal collaboration by actively working across business units and sharing knowledgePerform other duties as assignedQualifications and Education Requirements:Bachelor's Degree in Accounting or FinanceActive CPA license10+ years experience in accounting/finance leadership experience, preferably with a Big 4 public accounting firm and/or in a publicly traded banking or financial services environmentStrong knowledge of GAAP and financial industry regulations (ie, NCUA, OCC, FDIC)Extensive experience accounting for loans, securities, derivatives, and other complex financial instrumentsExperience in identifying accounting issues and performing relevant accounting guidance researchStrong communication skills, including ability to communicate complex accounting concepts to non-accountantsAbility to build relationships with executive management, internal, and external stakeholdersAdvanced experience in managing crossA' ?functional, multiA' ?dimensional teams and projects of the highest complexity which have business risk and impactAdvanced experience in identifying relevant analytical problems, determining appropriate diagnostic methods and solving unique and complex issues/problemsEffective mentoring skillsDesired Qualifications and Education Requirements:Master's Degree in Accounting, Finance , or Business AdministrationExperience in writing accounting white papers/memosExperience in creating accounting policiesExperience with NCUA regulationsDatabase technological skills - Access, SQL, HadoopHours: Monday - Friday, 8:30am to 5:00pmLocation: 820 Follin Lane, Vienna, VA 22180Salary range: ($98,600) to ($139,400)As a COVID-19 safety measure, our employees must either provide proof of COVID-19 vaccination or follow additional safety protocols, including testingDue 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 OpportunityNavy 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.