Accountant - Herndon, United States - NAVIENT

NAVIENT

Verified Company

Herndon, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The Accountant is responsible for accounting and reporting functions related to the Company's various capital markets transactions.

This includes maintaining accounting systems, booking journal entries, reconciling the general ledger, resolving issues with Treasury back office, ensuring compliance with relevant accounting standards, maintaining a strong controls environment, and analytical reporting and reviewing of results.

The incumbent will have the opportunity to assist with the accounting duties across the different portfolios within the Capital Markets Accounting group.

This job requires flexibility in work hours as extended hours may be required during monthly close and other peak periods.

_ This is a hybrid role with 2 days a week out of our Herndon, VA office._

Essential Job Functions:

General Ledger Accounting
Create journal entries to accurately account for various entities cash activity and balances
Set foreign currency spot rates based on contractual agreements and create corresponding journal entries
Implement and create new templates for cash system to reflect new banking activity
Ensure accurate new general ledger account creation
Prepare accounting entries for invoices received relative to the Company's secured financings
Prepare accounting entries for nonfacility Revolving Credit Agreements
Monitor and clear intercompany balances
Monthly/ Quarterly Reporting
Create and maintain internal and external reports
Review and maintain various excel spreadsheets used for monthly analysis and reporting of monthly results
Prepare quarterly reporting used to support disclosures included in SEC Forms 10K/Q
Create and complete accurate ad hoc reporting
Customer Service
Liaison with IT, Front Office, Back Office, Financial Reporting and other departments within the Company
Participate in crosstraining relative to the Company's Secured Debt and Swap portfolio
Respond to internal/external audit inquiries in a timely manner
Assist with internal and external audit requests and management testing
Accounting and Treasury System Maintenance
Update secured deals in Principia timely for capitalized invoices and ensure they are reconciled to the inventory of invoices outstanding.
Approve trades associated with structured finance collateral transactions.
Maintain and create accounting templates within cash system
Update Foreign Currency rates in the Oracle G/L
Participate in UAT and parallel testing as needed for our financial systems
Assist with new deal issuances for the Company's securitization trusts and the creation of debt and derivative instruments in Principia

MINIMUM REQUIREMENTS:

Bachelor's Degree
Accounting, Finance, Economics
02 years of accounting/finance experience or back office/middle office experience
Strong Microsoft Excel skills
General Ledger software (e.g., Oracle, PeopleSoft, etc.) experience
Strong analytical and problemsolving skills
Strong communication skills

PREFERRED QUALIFICATIONS: