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Financial Accountant III

2 months ago

Washington DC USA, United States Nelnet Full time
About Nelnet

Nelnet is a leading provider of student loan servicing, professional services, and consumer loan origination and servicing. With over 40 years of experience, we have established ourselves as a trusted partner in the education and financial services industries.

Job Summary

We are seeking a highly skilled Financial Accountant III to join our team. As a key member of our accounting department, you will be responsible for preparing and analyzing financial data, ensuring compliance with GAAP, and providing support to management on financial reporting and projects.

Key Responsibilities
  • Prepare month-end close and ad hoc journal entries, calculations, analysis, and reporting related to complex GAAP accounting transactions.
  • Reconcile complex general ledger accounts, extensively research variances, and correct account discrepancies where necessary.
  • Analyze general ledger accounts to ensure proper accounting treatment and necessary monthly accrual adjustments are applied.
  • Exercise good judgment and strong professional skills in the preparation of accounting records and reporting consistent with GAAP, standard methodologies, and company policies.
  • Embrace teamwork while also working independently; serve as a resource and subject matter expert to other team members.
  • Perform various accounts payable functions.
  • Assist with monthly financial statement preparation, including analysis of financial results and statements of cash flows.
  • Review financial results in comparison to both historical and expected figures, and in-depth variance analysis.
  • Assist in the creation and preparation of management reports and run ad hoc calculations and analysis when requested.
  • Exhibit advanced problem-solving and resolution skills within corporate standards.
  • Assist with various accounting projects; document, report, and follow through on recommendations from projects.
  • Interact with various teams on project initiatives and accounting-related items.
  • Assist with the audited financial statements' preparation and footnotes and other external periodic reporting.
  • Assist in the preparation of budgets, forecasts, ALCO reporting, and regulatory reporting.
  • Participate in financial and operational audits and regulatory exams.
  • Develop and communicate solutions for continuous process improvements within the job function.
  • Manage expectations through consistent and timely updates.
  • Ensure internal control compliance and adherence to all accounting policies and procedures.
Requirements
  • Bachelor's degree in accounting or business administration with an emphasis in accounting, CPA preferred.
  • 5+ years of financial accounting experience or 2+ years of public accounting experience.
  • Understanding of basic accounting concepts and strong knowledge of GAAP.
  • Ability to work and deliver under deadline constraints and manage multiple tasks.
  • Ability to work independently with initiative and appropriate supervision as well as to work closely with others.
  • Strong analytical and critical thinking skills.
  • Excellent oral and written communication.
  • Effective interaction with various divisions and levels of management throughout the company.
  • Excellent computer and technology skills including MS Excel, Word, and Outlook.
Benefits

Nelnet offers a comprehensive benefits package, including medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program.

About Nelnet's Culture

Nelnet is an Equal Opportunity Employer, committed to creating a diverse and inclusive work environment. We believe in the importance of diversity, equity, and inclusion and strive to create a workplace where everyone feels valued and respected.