Navy Federal Credit Union

Accountant II – General Ledger Experience Preferred

Navy Federal Credit Union

full-time

Posted on:

Location Type: Office

Location: Pensacola • Florida • United States

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Salary

💰 $68,300 - $87,500 per year

About the role

  • 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; 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 serve as point of contact for inquiries and problem resolution in collaboration with all levels of management and staff
  • Perform technical 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
  • Prepare and review internal and external reports, schedules and statements
  • 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; assist with system design/development and participate in integration testing; communicate accounting knowledge and business processes
  • Maintain relationships with external contacts and all levels of management and staff; act as a resource for the resolution of complex problems
  • Mentor and review work of junior level team members
  • Perform other duties as assigned

Requirements

  • Experience in an accounting role demonstrating a 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
  • Ability to present findings and conclusions clearly and concisely
  • Working knowledge of PC applications to include Microsoft Office, particularly Excel, Access and PowerPoint
  • Ability to work both independently and in a team environment to include mentoring/guiding teammates
  • Previous experience with credit union financials and/or NCUA regulations
  • Working knowledge of Navy Federal organizational structure, products, services, policies and procedures
  • Demonstrated intention to pursue or currently pursuing CPA certification
  • CPA certification highly desired
  • Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy
  • Effective analytical, organizational and problem-solving skills
  • Advanced skill maintaining accuracy with attention to detail and meeting deadlines
  • Effective verbal and written communication skills
  • 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
  • **Desired Qualifications:**
  • Advanced degree in Accounting, Finance, or other related field
Benefits
  • Health insurance
  • 401(k) matching
  • Flexible work hours
  • Paid time off
  • Professional development opportunities
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
accounting activitiesfinancial statementsaccount reconciliationvariance analysisGenerally Accepted Accounting Principles (GAAP)Accounting Standard Codification (ASC)financial/accounting systemsSOX control environmenttechnical accounting memosintegration testing
Soft Skills
analytical skillsorganizational skillsproblem-solving skillscommunication skillsinterpersonal skillsmentoringcoachingindependent workteam collaborationproject leadership
Certifications
CPA certificationBachelor's degree in AccountingBachelor's degree in Financeadvanced degree in Accountingadvanced degree in Finance