Senior Accountant - Tax and General

National Rural Utilities Cooperative Finance Corporations - Dulles, VA

Full-time - Mid Level

Hybrid - Dulles, VA

Credit Intermediation and Related Activities

About the position

Join a member-driven leader in a fast-paced, challenging and collaborative environment with the shared mission of supporting America's network of rural electric cooperatives. Since its formation in 1969, National Rural Utilities Cooperative Finance Corporation, or CFC, located in Dulles, Virginia, has provided capital and industry-leading financial products to more than 1,000 not-for-profit, consumer-controlled utility systems across the United States. Our exceptional team delivers the 'CFC Difference' that encompasses our values of service, integrity and excellence in all our interactions. CFC has a need for a Senior Accountant on our Accounting team. This is a hybrid position requiring onsite work at our headquarters office in Sterling, VA, as well as optional remote workdays. The Senior Accountant serves as the company's subject matter expert ('SME') on all tax-related matters and provides support on non-tax accounting matters to various groups such as external financial reporting, general accounting and loan accounting, on an as-needed basis. This person will be an individual contributor and is expected to develop tax strategies and policies in response to proposed business transactions and revised/updated tax rules, and provide tax-planning guidance to senior management. The Senior Accountant will be responsible for timely and accurate preparation and filings/payments of various taxes, and will also work closely with third-party service provider for federal and state income tax returns and provision for financial reporting.

Responsibilities

• Maintain compliance with all federal, state, and local corporate tax requirements and mitigation of tax risk for CFC and its affiliates, including working closely with third-party service provider.
• Perform tax research, tax provisions, identify critical tax risks, monitor, evaluate and communicate the impact of enacted changes in federal, state and local tax regulations.
• Manage general ledger entries, reconciliations, unclaimed property and escheatment process, and required financial reporting disclosures for the company's financial statements.
• Respond to tax-related inquiries and correspondence from federal, state and local tax authorities, external auditors and internal accounting, legal and HR inquiries, and assist in resolution of issues.
• Proactively identify and implement tax-related process improvements to ensure the accuracy and adequate documentation of all tax calculations, reports and filings and ensures compliance with tax-related SOX controls.
• Monitor and update state nexus study based on local regulations and business activities.
• Prepare for other tax related matters like 1099s, Business, Professional and Occupational License tax, property tax, etc.
• Assist with the preparation and completion of the quarterly Form 10-Q and annual 10-K filings with the SEC.
• Complete account reconciliations, journal entries, and other month-end and quarter close process.
• Prepare board materials, reviews of investor relations/rating agency communications, support patronage capital processes, and budgeting and forecasting.

Requirements

• Bachelor's degree in accounting, finance or related field, with emphasis in tax preferred.
• CPA required.
• 3+ years of tax compliance experience in public accounting or private industry.
• Experience with CCH ProSystem tax preparation and compliance software is preferred.
• Form 990 experience preferred.
• Strong technical knowledge of tax and accounting principles and financial reporting disclosure requirements.
• Advanced analytical and strategic thinking skills with demonstrated ability to perform tax and accounting research, independently evaluate issues, assess impact of transactions in multiple jurisdictions and apply sound business judgment.
• Ability to take leadership role in the collection and communication of information in response to inquiries from senior management, external auditors and federal and state income tax auditors.
• Strong interpersonal, verbal and written communication skills.
• Knowledge of SOX compliance requirements.
• Strong computer skills, including advanced knowledge and use of Microsoft Office products.

Nice-to-haves

• Experience with CCH ProSystem tax preparation and compliance software.
• Form 990 experience.

Benefits

• Hybrid work options
• Annual incentive opportunities
• Employer-paid pension plan
• 401(k)
• Medical, dental and vision insurance
• Generous leave policy
• Onsite gym