Accountant I

Navy Federal Credit Union

4.8

(226)

Pensacola, FL

Why you should apply for a job to Navy Federal Credit Union:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 96% say women are treated fairly and equally to men
  • 96% would recommend this company to other women
  • 96% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Professional development and training opportunities to help employees grow in their careers and the life they want to lead
  • Best-in-class benefits with generous vacation, paid maternity/paternity leave, retirement plans, tuition reimbursement, discounts and more
  • Unique culture where team members are passionate about the mission which creates clarity, alignment and purpose
  • #18901

    Position summary

    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

    • Provide guidance with inquiries and problem resolution

    • Perform 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

    • Execute financial and operational controls as designed and according to the control descriptions

    • Resolve moderately complex escalated discrepancies including guiding and/or negotiating with specialized internal and external contacts

    • Evaluate impact of amended regulations; recommend and implement methods to ensure compliance

    • Participate in task/project groups across department lines; assist with system design/development and participate in integration testing; communicate accounting knowledge and business processes

    • Perform other duties as assigned

    Qualifications

    • Familiarity and understanding of the application of the rules of GAAP

    • Familiarity and understanding of Sarbanes-Oxley(SOX) control environment and requirements

    • Familiarity with 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

    • Ability to interact with external and internal contacts (e.g., auditors and other oversight groups to provide requested information/data)

    • 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

    • Basic analytical, organizational and problem solving skills

    • Effective skill maintaining accuracy with attention to detail and meeting deadlines

    • Effective verbal and written communication skills

    • 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 Ln. Vienna, Virginia 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526 | 141 Security Drive Winchester, VA 22602 | 9999 Willow Creek RoadSan Diego, CA 92131

    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.

    Why you should apply for a job to Navy Federal Credit Union:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 96% say women are treated fairly and equally to men
  • 96% would recommend this company to other women
  • 96% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Professional development and training opportunities to help employees grow in their careers and the life they want to lead
  • Best-in-class benefits with generous vacation, paid maternity/paternity leave, retirement plans, tuition reimbursement, discounts and more
  • Unique culture where team members are passionate about the mission which creates clarity, alignment and purpose