The Senior Financial Reporting Analyst is responsible for preparation of monthly, quarterly, and annual internal and external reports related to financial statements (e.g., board reports, NCUA call report, annual report, retirement plans) and ensure compliance of such financial statements with management standards, Generally Accepted Accounting Principles (GAAP), and regulatory requirements. This position also has financial reporting requirements to perform research and evaluate existing and emerging accounting rules, standards and disclosure requirements to determine impact to the financial statements.
Monitor and analyze new and existing accounting guidance and federal regulations to ensure that Navy Federal is in compliance with established standards
Interpret emerging accounting guidance and policies and make recommendation
Prepare/collaborate on presentations, reports, white papers in communication with business units and other departments
Ensure compliance with internal and external documentation and disclosure requirements
Serve as a subject matter expert with internal and external auditors (e.g., NCUA, CFPB, and contracted third parties) to address and resolve audit questions and findings
Provide expert guidance for application and implementation of new controls/processes as it relates to financial reporting ;and make recommendation for best practice
Prepare ad hoc and required industry and regulatory reports including audit inquires in compliance with internal and external regulations
Participate in development and implementation of systems of large scope and scale
Serve on automated financial systems improvement initiatives
Monitor automated processes and reports for accuracy and completion; contribute to process improvement
Develop and recommend enhancements to improve operational processes and procedures
Performs other duties as assigned
Bachelor’s degree in Accounting and Finance
5+ years relevant work experience, combination of public accounting or financial reporting experience preferred. Financial Services or credit union/NCUA Regulations experience is a plus
Certified Public Accountant (CPA) designation
Experience in applying techniques used in analyzing and reporting financial information
Demonstrated knowledge of generally accepted accounting principles (GAAP) and financial reporting
Advance skill working with financial accounting systems used in the management and analysis of financial data
Demonstrated ability to effectively communicate complex messages to diverse audiences at all organization levels, both verbally and in writing
Advance research, analytical, and problem solving skills
Advance skill presenting findings, conclusions, alternatives and information clearly and concisely
Ability to work independently and in a team environment
Effective database and presentation software skills
Advanced Microsoft Office products skills, especially Excel word
About Navy Federal Credit Union
NAVY FEDERAL CREDIT UNION An Award-Winning Workplace
Since 1933, Navy Federal has grown from seven members to over 3 million members. And since that time, our vision statement has remained the same:
As a credit union, we have members, not customers. We serve the men and women of the U.S. Army, Marine Corps, Navy, Air Force, the civilian employees of the Department of Defense and their families. We deliver world-class service, rooted in the belief that it is an honor and privilege to serve our members. We are committed to providing our members outstanding products and services.
We offer employees a career, not just a job. We are proud of the robust package we offer to both full-time and part-time employees.
Navy Federal offers a career, not just a job. Our employee total rewards package includes competitive salaries, incentive programs, comprehensive medical/dental/vision benefits, retirement plans with employer match, award-winning training programs, professional development programs, tuition assistance, paid leave, and work/life programs.
Job stability is one of our advantages—we've never had a layoff in the history
of our organization.
We have large campu...ses in Vienna and Winchester, Virginia; Pensacola, Florida; and San Diego, California, with over 220 branches around the world.
Paid Leave, Health Plans, Retirement Plans, Work/Life Programs,
Professional Development, Rewards and Recognition, Education Assistance, Work Life Balance,