Technical Accounting is a team within Corporate Accounting, along with the operational accounting, accounting policy, internal risk and controls, and financial reporting teams. We work together to create accurate financial reports. The Technical Accounting team focuses on accounting areas of higher judgment or estimation, including current expected credit loss, fair value estimates, investments, derivatives, and more, as well as producing data driven analytics to support these areas. In addition to our team’s review and analysis of financial statement line items and monthly close activities, we are focused on finding areas of improvement in existing processes and controls.
We are looking for a driven individual with an understanding of GAAP and/or financial principles and terms who is ready for an immersive, real-world experience. The associate can expect to participate in the preparation of financial reports, analyze actual financial data, create analytics, learn more about our general ledger software, and assist with other accounting projects and activities. The summer associate will need to be a motivated team player who can maintain efficiency and accuracy when multitasking and should possess an understanding of accounting and financial principles and a positive attitude. The associate should also be collaborative, trustworthy, receptive to feedback, and eager to learn.
The Summer Associate will assist with developing analytics, process improvements, and/or control enhancements related to our CECL reserves process and management reporting enhancements for various other high estimation accounting areas.
The Summer Associate Program is a 12-week internship program beginning in May 2024 and ending in August 2024. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of December 2024 or later.
Hours: Monday – Friday 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr Pensacola, FL 32526
Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report onsite 4-16 days each month. The number of days reporting onsite will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and onboarding process.
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.