Lead Internal Control over Financial Reporting Analyst

Navy Federal Credit Union

4.8

(226)

Vienna, VA

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
  • #18649-OTHLOC-300000025804595

    Position summary

    ver Financial Reporting (ICFR) governance program

    • Lead multi-disciplinary control initiatives to evaluate controls and ultimately transform any control gaps into mature control environments

    • Lead the evaluation of the operational performance of existing controls and devise remediation strategies that align control performance with the appropriate risk mitigation methodology

    • Partner with external and internal auditors; establish audit scope, evidence, priorities, and testing procedures that will serve as the foundation for the subsequent audit execution strategy

    • Lead activities to design, develop, and implement Key Control Matrices (KCMs) and flowcharts that summarize a broad range of business processes into a control-centric and executive-ready audit deliverable

    • Create and recommend remediation plans for existing ICFR related Information Technology General Controls (ITGCs) to address control gaps in design effectiveness, where applicable

    • Annually validate and update controls documentation (e.g., process narratives, process models / flowcharts, and Key Control Matrices(KCMs)) to ensure accuracy and completeness

    • Identify industry best practices associated with risk management and develop subordinate qualitative and quantitative methodologies needed to address those risks using effective controls

    • Produce detailed timelines and milestones for control-related project management that enables external tracking and status reporting

    • Review results from control assessments and communicate/escalate critical issues to leadership and identify upstream and downstream impacts

    • Manage ICFR activities effectively using the GRC Tool

    • Lead, guide and mentor junior staff

    • Solve the most complex control-related business problems by defining the problem, interviewing stakeholders, identifying and evaluating alternatives, and presenting findings

    • Prepare and review comprehensive technical accounting memorandums, providing clear documentation for audit and compliance purposes

    • Perform other duties as assigned

    Qualifications

    • Bachelor's degree in Accounting, or related field, or the equivalent combination of experience, education and training

    • Significant experience with Internal Controls over Financial Reporting (ICFR)

    • Advanced knowledge of Sarbanes Oxley (SOX) including COSO, GAAP principles, financial statement preparation, and internal accounting controls

    • Significant experience designing and re-designing processes as well as identifying control gaps to be consistent with a mature ICFR program

    • Significant experience with extracting and documenting business process controls and information technology application and general controls(e.g., access controls list, change controls, segregation of duties, etc.)

    • Advanced skills presenting to all levels of stakeholders (including Leadership) across various departments

    • Extensive experience in problem resolution including determining root cause, scope and scale of issues

    • Significant experience in leading large projects/initiatives which have business risk and impact

    • Extensive experience that demonstrates theability to research, compile, and document data, business processes, and workflow

    • Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely

    • Advanced skill in writing technical accounting memorandums

    • Experience working with risk management functions, internal and external auditors, legal, regulatory compliance and policy as it relates to business processes and controls

    • Advanced communication and collaboration skills as a liaison with business partners

    Desired Qualifications

    • Advanced knowledge of Navy Federal's functions, philosophy, operations and organizational objectives

    • Financial industry experience and knolwe

    • Certified Public Accountant (CPA) designation

    • Certified Internal Auditor (CIA) designation

    • Knowledge of banking/financial industry standards and practices, including credit union financials and/or NCUA regulations

    • Experience in operations or other business functions outside of accounting

    Hours: Monday - Friday, 8:00AM - 4:30PM

    Locations: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Drive Pensacola, FL 32526

    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