Overview
Operational Accounting is a team within Corporate Accounting under the Finance umbrella at Navy Federal Credit Union. We work in collaboration with groups in and out of Corporate Accounting to produce accurate financial statements, complete accounting analyses, and support optimization and technology initiatives. The Operational Accounting team is responsible for posting journal entries to the general ledger, reconciling account balances, and researching account variances on daily and monthly cadences. We also work with internal and external auditors to ensure that Navy Federal follows Generally Accepted Account Principles (GAAP). We are a cross-functional team working from both Vienna and Pensacola locations together as one team.
We are seeking a driven individual eager to gain real-world business experience focused on accounting, data analytics, and reporting. Through the support of Navy Federal's Operational Accounting team, this position will provide an opportunity to gain valuable insight and application of various accounting guidance in the financial services industry, including an understanding of Navy Federal's business, technology, resources, and procedures.
Potential Projects:
Internal Control over Financial Reporting (ICFR) and Enterprise Risk Management (ERM) control documentation
Process improvement opportunities and automation initiatives
Analytics reporting for key business insights and drivers
The Summer Associate Program is a 12-week internship program beginning in May 2024 and ending in August 2024. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of December 2024 or later.
Responsibilities
Collaborate with various levels of staff and management to accomplish assigned tasks/assignments
Support daily tasks, including preparation of accounting entries utilizing integrated general ledger software
Assist with month-end close activities, including journal entries and account reconciliations
Assist with internal and external audit requests
Support organizational risk management and internal control initiatives
Provide professional execution of tasks and special projects while working within established standards, policies and procedures
Support business strategy and initiatives within the business unit and/or across the organization
Maintain professionalism in all interactions, placing member service as priority
Enhance effectiveness of meetings by providing meeting summaries and next steps based on the discussion
Perform research and analysis for certain Navy Federal portfolios, including expanded reporting and data analytics
Perform other duties as assigned
Qualifications
Must be pursuing a degree in Accounting or Finance from an accredited college/university, and have taken accounting courses
Working understanding of accounting and financial principles
Experience in business and financial analytics preferred
Effective interpersonal, verbal, and written communication skills
Effective research, analytical, and problem-solving skills
Effective spreadsheet software skills
Effective organizational, planning, and time management skills
Effective skill maintaining accuracy with attention to detail and meeting deadlines
Ability to exercise initiative and good judgment to make sound decisions
Ability to adapt to new technologies
Ability to work independently and in a team environment
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 5550 Heritage Oaks Dr Pensacola, FL 32526
Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report onsite 4-16 days each month. The number of days reporting onsite will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and onboarding process.
About Us
You have goals, dreams, hobbies, and things you're passionate about-what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:
- Military Times 2022 Best for Vets Employers
- WayUp Top 100 Internship Programs
- ForbesR 2022 The Best Employers for New Grads
- Fortune Best Workplaces for Women
- Fortune 100 Best Companies to Work ForR
- ComputerworldR Best Places to Work in IT
- Ripplematch Campus Forward Award - Excellence in Early Career Hiring
- Fortune Best Place to Work for Financial and Insurance Services
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
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.
REQNUMBER: 14271
