Navy Federal Credit Union
Supervisor, Financial Reporting Analyst
At a glance
Location: US-VA-Vienna, VA Map
Posted: 10/29/2019
Closing: 11/28/2019
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Navy Federal Credit Union
Job description

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
*An employee-focused, diverse, and service-oriented workplace environment

Basic Purpose

The Financial Reporting Supervisor is responsible for preparation and review of periodical internal, external, and regulatory reports related to financial statements such as board reports, NCUA Call Report, Annual Report and Retirement Plans and ensure compliance of such financial statements with management standards, Generally Accepted Accounting Principles (GAAP), and regulatory requirements.

The person on this role is expected to analyze/assess existing company policy and monitor/track relevant industry authorities and literature (FASB, SEC and NCUA) to keep abreast of newly issued accounting standards. Additionally, this person serves as technical expert on financial issues affecting financial reporting requirements and perform complex accounting and financial analysis, perform research, evaluate, apply existing and emerging accounting rules and standards, and provide expert guidance regarding the impact to the financial statements.

 Responsibilities:    

•Prepare monthly, quarterly and annual financial statements including variance analysis, ratio analysis and trend reports
•Bring external perspective and ideas from relevant sources, stay current with technology as well as, government/policy impacts and industry best practices
•Analyze new and existing federal regulations to ensure that Navy Federal complies with established standards
•Interpret emerging accounting policies and make recommendations for changes to remain in compliance
•Prepare ad hoc and required industry and regulatory reports including audit inquires in compliance with internal and external regulations
•Prepare/collaborate on presentations, reports, white papers, etc.
•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 and the analysis of highly complex transactions to determine proper accounting treatment
•Investigate and resolve discrepancies by actively collaborating and communicating across business lines
•Serve as resource for the resolution of complex and/or unique problems
•Build and maintain relationships with team members, management, key stakeholders and/or external contacts (vendors, etc.)
•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
•Gather and prepare data for various financial, compliance and internal reports   
•Develop and recommend enhancements to improve operational processes and procedures
•Performs other duties as assigned or appropriate

Qualifications:

 Required:
•Bachelor’s degree in Accounting and Finance
•7+ 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
•Significant experience in applying techniques used in analyzing and reporting financial information
•Advanced knowledge of financial accounting and management techniques
•Significant experience in public or private accounting applying complex accounting treatments and resolving complex accounting issues
•Extensive experience in using and applying GAAP and ASC Advanced skill working with financial accounting systems used in the management and analysis of financial data
•Experience leading, guiding and mentoring others
•Effective skill in project management to include establishing and leading project teams; managing timelines/deadlines/resources; ensuring successful project implementation
•Expert research, analytical, and problem solving skills
•Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely
•Effective database and presentation software skills Advanced word processing and spreadsheet software skills
•Advanced knowledge of Sarbanes-Oxley control environment including documentation and testing of controls and their effectiveness over financial reporting

Hours: Monday - Friday, 8:00am - 5:00pm

Location: 820 Follin Lane SE, Vienna, VA 22180
 

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

Disclaimer

Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need.

Bank Secrecy Act

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

Supervisor, Financial Reporting Analyst