Senior Accountant - Pensacola, FL, United States - Navy Federal Credit Union

Description

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. 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; 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 serve as point of contact for inquiries and problem resolution in collaboration with all levels of management and staff
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
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; communicate accounting knowledge and business processes
Maintain relationships with external contacts and all levels of management and staff; Mentor and review work of junior level team members
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
Experience working with cross-functional teams and the ability to lead small projects or portions of projects
Working knowledge of PC applications to include Microsoft Office, particularly Excel, Access and PowerPoint
Previous experience with credit union financials and/or NCUA regulations
Working knowledge of Navy Federal organizational structure, products, services, policies and procedures
Effective interpersonal skills and the ability to collaborate with both internal and external contacts and to respond to requests regarding complex financial information/data
Bachelor's degree in Accounting, Finance or a related field or the equivalent combination of experience, education and training
Advanced degree in Accounting, Finance, or other related field

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

And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives.

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
• 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. 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.