Accounting Policy Officer / Manager in Vienna, VA at honor foundations

Date Posted: 8/29/2024

Job Snapshot

Job Description

Assist in the development and execution of the accounting policy function and ensure alignment with Navy Federal’s overall goals, strategies, mission, and vision. Work directly with the Lead Manager of Accounting Policy, leadership in Finance, and stakeholders across the enterprise to:

(a) Produce the appropriate accounting assessments and recommendations associated with business initiatives related to products, services, and transactions

(b) Monitor and communicate emerging or changing accounting and regulatory standards

(c) Assist in representing Navy Federal externally on accounting related matters

(d) Develop and maintain an accounting policy handbook for broad consumption

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.

Qualifications

  • Bachelor’s Degree in Accounting or Finance

  • Active CPA license

  • 8+ years’ experience in accounting/finance leadership experience, preferably with a Big 4 public accounting firm and/or in banking or financial services environment; including a 3+ years’ experience in technical accounting and/or accounting policy

  • Strong knowledge of US GAAP and financial industry regulations (i.e., NCUA, OCC, FDIC)

  • Extensive experience accounting for complex financial instruments including  accounting for loans, securities, derivatives etc.

  • Experience in areas such as acquisitions, purchased financial assets, consolidations, transfers, revenue recognition, software cost capitalization, climate change disclosures etc.  

  • Experience in identifying accounting issues and performing relevant accounting guidance research

  • Strong communication skills, including ability to communicate complex accounting concepts to non-accountants

  • Ability to build relationships with executive management, internal, and external stakeholders

  • Advanced experience in managing cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impact

  • Advanced experience in identifying relevant analytical problems, determining appropriate diagnostic methods and solving unique and complex issues/problems

  • Effective mentoring skills

    Desired Qualifications

  • Master’s Degree in Accounting, Finance , or Business Administration

  • Experience in writing accounting white papers/memos

  • Experience in creating accounting policies

  • Experience with NCUA regulations

  • Database technological skills – Experience in retrieving and analyzing financial data

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

    Locations: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Drive Pensacola, FL 32526 | 141 Security Drive Winchester, VA 22602 | 9999 Willow Creek Road San Diego, CA 92131

    Responsibilities

  • Communicate summaries of proposals, standards, regulations, and developments affecting Navy Federal in the areas of accounting and disclosure

  • Aid in the clear and concise communication of complex accounting and reporting issues to nonaccountants

  • Collaborate effectively inside and outside of the Policy team

  • Take initiative and be proactive in solving issues 

  • Take accountability for work from start to finish

  • Gain a working understanding of Navy Federal’s systems and data

  • Identify issues requiring consultations and advice provided to the business and operational accounting teams

  • Lead the processes to effectively document complex accounting and reporting issues and work with external auditors and regulators to support accounting positions, as needed

  • Form relationships with product line personnel to stay informed of new or changing products, services, and transactions to provide decision useful advisory services to leaders in a timely manner

  • Create and present periodic training to finance and accounting teams on emerging accounting and regulatory standards

  • Maintain strong organizational skills to drive productivity throughout the team

  • Compile existing accounting policy documentation to formulate an organized, user-friendly accounting policy handbook for broad consumption

  • Understand the financial reporting data lineage framework to effectively provide advisory services to the business and operational accounting teams

  • Render assistance in representing the organization externally on matters affiliated with accounting and disclosure issues identified within the financial services industry

  • Contribute to a culture of horizontal collaboration by actively working across business units and sharing knowledge

  • Manage Accounting Policy Specialist and/or other staff as needed

  • Perform other duties as assigned