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Senior Accountant

Navy Federal Credit Union Vienna, VA Full-Time
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Employee Perks

Why You Will Love Being Part of the Navy Federal Team:

*Competitive compensation with opportunities for annual raises, promotions, and bonus potential
*Best-in-Class Benefits! (7% 401k match / Pension plan / Tuition reimbursement / Great insurance options)
*On-site amenities include fitness center, wellness center, cafeteria, etc. at Pensacola, FL; Vienna, VA and Winchester, VA campuses
*Consistently Awarded Top Workplace
*Nationally recognized training department by TRAINING Magazine IND123
*An employee-focused, diverse, and service-oriented workplace environment

Basic Purpose

To execute Navy Federal’s (NFCU) financial accounting processes by applying industry regulations and accounting standards, and to support the accurate reconciliation and maintenance of the organization’s financial statements and reports.  

  • Ensures compliance with US Generally Accepted Accounting Principles (“GAAP”) and NCUA requirements
  • Evaluates emerging GAAP and regulatory changes and recommends changes to ensure compliance and accurate application of industry standards. 
  • Identifies simplifying assumptions and accounting methods and instances of incorrect application of GAAP; quantifies the impact of such treatment and recommends solution
  • Mentors accounting staff and provides guidance regarding the application of principles and standards 
  • Performs accounting activities including recording journal entries, reconciliation, analytics and variance analysis, and provides sufficient supporting documentation 
  • Maintains financial statements by review, analysis and reconciliation to include preparing external reports, schedules and statements for executive management
  • Investigates and resolves discrepancies by actively collaborating and communicating across business lines. Prepares and presents recommendations for immediate action or proposals for policy/process changes to prevent losses
  • Identifies opportunities for process improvement and/or automation and presents recommendations for implementation
  • Participates on project teams and assists with the development, implementation and user acceptance testing for new or enhanced systems that impact the financial statements or accounting processes
  • Executes financial and operational controls as designed and according to the control descriptions
  • Ensures compliance with internal documentation requirements by maintaining technical accounting memos, desktop procedures and/or checklists 
  • Ability to work independently and in a team environment
  • Strong leadership skills and ability to coach and train team members
  • Advanced knowledge of financial accounting and management techniques
  • Advanced analytical, organizational, problem solving and decision-making skills
  • Advanced interpersonal, oral and written communication skills
  • Effective skill working with financial accounting systems and databases
  • Experience working with SOX control environment including documentation and testing of controls and their effectiveness over financial reporting
  • Experience leading projects and working with cross-functional teams, including demonstrated skill in presenting complex financial information clearly and concisely 
  • Minimum of 5 years of experience in public or private accounting applying complex accounting treatments and resolving complex accounting issues. Public accounting experience highly desired.
  • Desired – Prior experience in accounting topics such as ASC 326 CECL, IFRS 9 Financial Instruments, ASC 815 Derivatives, ASC 350-40 Internal Use Software
  • Desired – Bachelor’s or advanced degree in Accounting, Finance, or other related field
  • Desired – CPA certification
  • Desired – Previous experience with credit union financials and/or NCUA regulations

Hours: Monday-Friday
Location: 820 Folin Lane, Vienna, VA 22180

Equal Employment Opportunity

We reserve the right to fill this role at a higher/lower grade level based on business need.

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


Recommended skills

Generally Accepted Accounting Principles
Accounting Systems
Financial Statements
International Financial Reporting Standards
Analysis Of Variance
Financial Accounting


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Senior Accountant
Estimated Salary: $73K
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Job ID: 40461-1A


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