Senior Accountant

YOUR LIFE'S MISSION: POSSIBLE

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 2021 Best for Vets Employers
• WayUp Top 100 Internship Programs
• Forbes® 2021 The Best Employers for New Grads
• Forbes® America's Best Employers
• Newsweek Top 100 Most Loved Workplaces
• 2021 People Companies that Care
• Fortune Best Workplaces for Women
• Fortune 100 Best Companies to Work For®
• Fortune Best Workplaces for Millennials
• Computerworld® Best Places to Work in IT

Basic Purpose

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
• 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
• 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 and Education Requirements:

• Bachelor’s degree in Accounting, Finance or a related field or the equivalent combination of experience,
education and training
• 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
• Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy
• Experience working with cross-functional teams and the ability to lead small projects or portions of
projects
• Effective interpersonal skills and the ability to collaborate with both internal and external contacts and
to respond to requests regarding complex financial information/data
• Ability to present findings and conclusions clearly and concisely
• Effective analytical, organizational and problem solving skills
• 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
• Advanced skill maintaining accuracy with attention to detail and meeting deadlines
• Effective verbal and written communication skills
• Demonstrated intention to pursue or currently pursuing CPA certification

Desired Qualifications and Education Requirements:

• Advanced degree in Accounting, Finance, or other related field
• CPA certification highly desired
• Previous experience with credit union financials and/or NCUA regulations
• Working knowledge of Navy Federal organizational structure, products, services, policies and procedures

Hours: Monday - Friday, 8:30am - 5:00pm

Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr Pensacola, FL 32526 

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.

The salary range for this position is: $70,200 to $95,700 - Vienna VA / $60,000 to $85,600 - Pensacola FL

Due 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 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

COVID-19 Vaccine Information

As a COVID-19 safety measure, our employees must either provide proof of COVID-19 vaccination or follow additional safety protocols, including testing.

Disclaimer

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.

Bank Secrecy Act

Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.