Senior Technical Accountant

Overview 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 reviewing and monitoring entries to the Trial Balance, Balance Sheet and Income Statement accounts and posting of adjustments Perform account reconciliation, analytics and variance analysis, and provide sufficient supporting documentation 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 Accounting Technicians 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 Accounting Technicians 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 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 (e.g., 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 Experience working with cross-functional teams and the ability to lead small projects or portions of projects Ability to present findings and conclusions clearly and concisely 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 Previous experience with credit union financials and/or NCUA regulations Working knowledge of Navy Federal organizational structure, products, services, policies and procedures Demonstrated intention to pursue or currently pursuing CPA certification CPA certification highly desired Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy Effective analytical, organizational and problem solving skills Advanced skill maintaining accuracy with attention to detail and meeting deadlines Effective verbal and written communication skills Effective interpersonal skills and the ability to collaborate with both internal and external contacts and to respond to requests regarding complex financial information/data Bachelor's degree in Accounting, Finance or a related field or the equivalent combination of experience, education and training Desired Qualifications Advanced degree in Accounting, Finance, or other related field Hours: Monday - Friday, 8:00AM - 4:30PM Locations: 820 Follin Lane. Vienna, Virginia | 5550 Heritage Oaks Drive. Pensacola, FL 32526 About Us 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: • Military Times 2022 Best for Vets Employers • WayUp Top 100 Internship Programs • Forbes® 2022 The Best Employers for New Grads • Fortune Best Workplaces for Women • Fortune 100 Best Companies to Work For® • Computerworld® Best Places to Work in IT • Ripplematch Campus Forward Award - Excellence in Early Career Hiring • Fortune Best Place to Work for Financial and Insurance Services 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 EOE/AA/M/F/Veteran/Disability Disclaimers: 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. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. 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 Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.