Overview

To execute financial accounting processes for Navy Federal Financial Group (“NFFG”) and Navy Federal Investment Services (“NFIS”) by maintaining, balancing and reconciling various general ledgers and subsidiary ledgers. To support the accurate reconciliation and maintenance of the organization’s financial statements and reports. To provide accounting related support to accounting leadership.

Responsibilities

• Review all transactions posted in the company’s bank accounts and perform periodic cash analysis to ensure the appropriate level of funds are available for operating needs.

• Perform accounting related activities including maintaining, balancing, and reconciling all NFFG and NFIS general and subsidiary ledgers.

• Perform monthly close activities, including the preparation and posting of all journal entries, the payment of all bills, the collection of all receivables, and the preparation of all bank reconciliations.

• Perform account reconciliation, analytics, and variance analysis and provide required supporting documentation.

• Prepare Cash Disbursement Vouchers (“CDVs”), ensuring accuracy and completeness, obtain appropriate approval, and make payments.

• Obtain adequate support and approval for all journal entries and bill payments.

• Review expense reports and purchase card (“PCard”) statements for compliance with NFFG’s expense policy, and remit payment for approved transactions.

• Compute and remit tax payments for various federal, state, and local agencies.

• Prepare intercompany allocation of costs between NFFG and NFIS in accordance with both the management agreement and SEC Rule 17a-3 (a)(1) and (a)(2) Expense-Sharing Agreements for Broker-Dealers.

• Ensure compliance with SEC Rule 17a-4 Records to be preserved by certain Exchange Members, Brokers and Dealers and FINRA Rule 4511 Accessibility of Records by maintaining adequate support and organizing it in an efficient manner on the company’s network.

• Provide documentation and support as requested to both internal and external auditors.

• Conduct in-depth analysis to identify, isolate, and resolve discrepancies, and contribute to quality control and process improvement.

• Identify and participate in process and automation improvement initiatives; assist with integration testing and present recommendations for implementation.

• Participate in task/project groups across department lines; assist with system design/development and participate in integration testing; communicate accounting knowledge and business processes.

• Prepare accounting memos as needed for one-time events or extraordinary items, incorporating accounting guidance when applicable.

• Assist with the preparation of the quarterly 5300 Call Report, FOCUS report, and semi-annual SIPC report, as well as other regulatory reports as needed.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field or the equivalent combination of experience, education, and training.

• FINRA Securities Industry Essentials (SIE) certification within 6 months

• FINRA Series 99 licensure within 12 months

• Progressively responsible accounting experience including accounts payable, accounts receivable, and reconciliation

• Strong knowledge of accounting principles

• Proficient with PC applications including Microsoft Office, particularly Excel, Word, and PowerPoint

• Ability to prioritize work to meet deadlines

• Ability to work independently and as a team player

• Effective interpersonal, verbal, and written communication skills

• Strong analytical, organizational, and problem solving skills

• Strong attention to detail and ability to maintain accuracy

• Effective planning and problem solving skills

Desired Qualifications

• CPA certification

• Familiarity with Oracle accounting software

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

Location: 820 Follin Lane, Vienna, VA 22180

About Us

Navy 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 Programs

From 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/Disability

Hybrid 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 position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

REQNUMBER: 22101