Senior Accountant - Technical Team Lead

Company: Navy Federal Credit Union
Location: Vienna
Posted on: September 3, 2024

Job Description:

OverviewTo execute Navy Federal's financial accounting processes by applying federal and industry regulations and standards, and to support the accurate reconciliation and of the organization's financial statements and reports. Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Work independently with guidance only in the most complex situationsResponsibilitiesPerform 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.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.Build business unit relationships and understand the business needs; serve as point of contact for inquiries and problem resolution in collaboration with all levels of management and staff.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.Apply broad and specialized knowledge of and experience with financial accounting and management, including a thorough understanding of techniques used in analyzing and reporting financial information.QualificationsSignificant experience in public or private accounting applying complex accounting treatments and resolving complex accounting issues.Advanced knowledge and experience working with SOX control environment including documentation and testing of controls and their effectiveness over financial reporting.Experience researching technical accounting issues and making recommendations for the application and implementation of accounting principles.Significant experience and proficiency with data querying, researching and reporting.Experience in leading complex projects and working with cross-functional teams.Ability to present findings and conclusions clearly and concisely.Advanced knowledge of PC applications to include Microsoft Office, particularly Excel, Access and PowerPoint.Certified Public Accountant designation and five years of progressive and relevant experience.Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy.Advanced leadership skills and ability to coach and train team members in application of complex accounting rules.Advanced interpersonal skills and the ability to collaborate with both internal and external contacts and to respond to requests regarding complex financial information/data.Advanced analytical, organizational and problem-solving skills.Expert skill maintaining accuracy with attention to detail and meeting deadlines.Effective verbal and written communication skills.Demonstrated skill validating accuracy and applicability of underlying data.Demonstrated skill in presenting complex financial information clearly and concisely.Bachelor's degree in Accounting, Finance or a related field or the equivalent combination of experience, education and training.Hours: 8:30 AM - 5:00 PMLocations: 820 Follin Lane. Vienna, Virginia Heritage Oaks Drive. Pensacola, FL 32526About UsNavy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.--- Best Companies for Latinos to Work for 2024--- Computerworld Best Places to Work in IT--- Forbes 2024 America's Best Large Employers--- Forbes 2023 The Best Employers for New Grads--- Fortune Best Workplaces for Millennials 2023--- Fortune Best Workplaces for Women 2023--- Fortune 100 Best Companies to Work For 2024--- Military Times 2023 Best for Vets Employers--- Newsweek Most Loved Workplaces--- Ripplematch Campus Forward Award - Excellence in Early Career Hiring--- Yello and WayUp Top 100 Internship ProgramsFrom Fortune. 2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.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/DisabilityHybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.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 positionBank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Keywords: Navy Federal Credit Union, Washington DC , Senior Accountant - Technical Team Lead, Accounting, Auditing , Vienna, DC