Compensation Specialist
1 week ago
About Navient
Navient, a leading provider of financial services and business processing solutions, is seeking a detail-driven professional with a strong foundation in accounting to join our dynamic team.
Job Summary
This Compensation Specialist role involves reconciliations of multi-million dollar payroll, cash, tax, and benefits related accounts. The ideal candidate will possess excellent analytical and deductive reasoning skills, advanced Excel skills, and a Bachelor's Degree in Accounting or Business with an Accounting concentration.
Main Responsibilities
- Reconcile, post, and report payroll activity for approximately 2000 employees with $400M+ annual payroll.
- Notify management of possible discrepancies, variances, or reconciling differences.
- Prepare and post biweekly, supplemental, and adjustment payrolls.
- Reconcile several hundred balance sheet accounts across Navient and subsidiaries.
- Report any variances and resolve in accordance with corporate and accounting policies, procedures, regulations, and state escheatment requirements.
Analysis/Reporting and Customer Service
- Provide management and other departments or subsidiaries with ad hoc reports/analysis as needed.
- Process assigned monthly journal entries and reconciling/other entries as needed.
- Validate data complies with business and GAAP requirements.
- Provide other departments/subsidiaries with requested payroll analysis/headcount/FTE reporting.
PAY: Estimated Annual Salary - $70,000 - $90,000
Bachelor's Degree in Accounting or Business with Accounting Concentration
5 Years of Experience in Accounting
CPA Certification Preferred
Experience with Large Corporate Accounting and Payroll Systems
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