Manager, Business Unit Accounting - PenFed Credit Union

Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a (Hybrid) Manager, Business Unit Accounting at our Tysons, Virginia location.  The primary purpose of this job is to assist in overseeing the accounting activities for various Business Units at Pentagon Federal Credit Union (PenFed) and its affiliates. The accounting role consists of developing new procedures to enhance the efficiency of processes and ensuring compliance with all related regulations, policies, and procedures. This position will manage the day-to-day tasks of these critical accounting functions. Additionally, this position will be a key contact within internal and external auditors and examiners.

Responsibilities:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Manages reconciliation of assigned balance sheet accounts and reviews financial statements and supporting documentation to ensure compliance with Generally Accepted Accounting Principles (GAAP) and Company policies and procedures.
• Establish and execute new accounting processes/estimates for emerging GAAP guidance and new consumer lending products/services.
• Develop analytics that provide financial and strategic insights and support optimal business decision-making.
• Stay abreast of a changing external environment (accounting, regulatory, etc.), conducting analysis to identify business risks and opportunities and informing management of potential financial statement impacts.
• Perform trending analysis and industry/peer group comparisons.
• Implement financial dashboards and work with business intelligence tools.
• Research, gather and synthesize data; present conclusions and recommendations to management and/or team members.
• Evaluate and refine internal processes and implement technical controls and validation processes to ensure data integrity/accuracy.
• Supervise documentation of projects to meet audit and regulatory requirements.
• Develop critical relationships with key technical and non-technical stakeholders to gain concurrence, input, execution, and change management decisions.
• Develop and maintain an understanding of relevant industry standards, best practices, business processes and PenFed systems to ensure compliance with standards, policy, procedures, and vendor contractual requirements.
• Ensure compliance with all internal and external reporting deadlines.
• Manage and provide necessary support to financial audits including internal audits, external audits, and regulatory exams.
• Perform ad-hoc reporting and analysis.
• Prepare, conduct, and review performance appraisals.

*This role is responsible for ensuring business continuity.*

Equivalent combination of education and experience is considered.

• Bachelor’s degree in business, Finance, Accounting, or a related field is required and/or accounting certification and/or six plus (6+) years of general accounting experience exclusive to large financial institution accounting scenarios.
• Minimum of eight (8) years’ experience in accounting and financial areas, including general accounting, consolidations, financial GL Closings and US GAAP and regulatory reporting.
• Minimum of three (3) years of Supervisory/Assistant Manager experience.
• Familiar with a variety of general accounting, accounts payable, GL system interfaces, budgeting and forecasting analysis and related concepts, practices, and procedures.

Supervisory Responsibility

This position will directly supervise employees.

Licenses and Certifications

CPA or candidate preferred.
 

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to travel to various worksites and be on-call may be required.

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
 
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
 
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
 
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.

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