Navy Federal Credit Union - Vienna, VA
posted 5 months ago
The Assistant Manager, Operational Accounting at Navy Federal Credit Union is responsible for leading a team of accountants in executing the financial accounting processes of the organization. This role requires a thorough understanding of federal and industry regulations and standards to ensure the accurate reconciliation and maintenance of financial statements and reports. The Assistant Manager will assist in developing the operational strategy and ensure alignment with the division and corporate goals. This position plays a critical role in overseeing accounting activities, ensuring compliance with accounting principles such as GAAP, and managing the resolution of discrepancies in financial records. In this role, the Assistant Manager will collaborate across the Enterprise to ensure timely and accurate recording of transactions and accounting activities. This includes conducting analytical reviews to verify the completeness and accuracy of transactions and account balances. The Assistant Manager will also partner with the Accounting Policy team to maintain compliance with regulatory requirements and will supervise the classification of transactions and the resolution of misapplied funds. Additionally, the role involves interpreting emerging accounting policies and making recommendations for internal practices to ensure compliance. The Assistant Manager will lead in-depth analyses to identify and resolve discrepancies, contributing to quality control and process improvement. This includes managing complex discrepancies and preparing recommendations for immediate action or policy changes to prevent financial losses. The position requires maintaining collaborative relationships with various teams, including Product Optimization, and facilitating the implementation of new systems and process improvements. Furthermore, the Assistant Manager will respond to inquiries from management regarding financial results and complex accounting transactions, ensuring that staff are advised on handling non-routine reporting transactions. The role also involves developing a talent strategy to ensure team performance is measured and rewarded, and providing timely feedback to support team development. The Assistant Manager will perform supervisory responsibilities, including staffing, performance appraisals, and ensuring alignment of team goals with the overall strategy of the division.