Accountant II (General Ledger Experience Preferred)

Navy Federal•Pensacola, FL

14h•Onsite

About The Position

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. Works independently within established procedures/practices, makes recommendations and with moderate guidance.

Requirements

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
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
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

Nice To Haves

CPA certification highly desired
Advanced degree in Accounting, Finance, or other related field

Responsibilities

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 reviews 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 resource for the resolution of complex problems
Mentor and review work of junior level team members
Perform other duties as assigned