Compensation Specialist

1 week ago


Herndon, Virginia, United States Navient Full time

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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