Assistant Manager, Subsidiary Accounting
Occupations:
Accountants and AuditorsFinancial ManagersTreasurers and ControllersBookkeeping, Accounting, and Auditing ClerksFinancial Specialists, All OtherIndustries:
Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesVocational Rehabilitation ServicesManagement, Scientific, and Technical Consulting ServicesAdministration of Human Resource ProgramsEmployment ServicesOverviewAssist in leading the operations of the Operational Accounting team which includes functions such as General Ledger operations, serve as accounting expert and business partner for our internal business units, lead the team to deliver process improvements and provide overall leadership to the team. Manage the development, periodic review and update and maintenance of risk, processes, controls, metrics residing within Operational Accounting function. Assist in developing talent strategy, including talent development, succession planning etc. and lead the execution of talent strategy within Operational Accounting. Partner with the Manager in managing ongoing operational strategy, and alignment with corporate and departmental strategic goals.Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.ResponsibilitiesAssist in managing group operations and oversees the accounting activities required to maintain the company’s general ledger and related financial statements.Develop a thorough understanding of the financial statements, general ledger structure and related chart of accountsCollaborate across Enterprise to ensure timely and accurate recording of transactions and accounting activities; including analytical review to ensure completeness and accuracy of classes of transactions and account balancesResponsible for supervising and running monthly closing process and related monthly close activities, including monthly forecasts, forecast updates during throughout the month end close and review and/or approval of all standard, non-standard, and adjusting entriesPartner and coordinate with Accounting Policy team to ensure continuing compliance with accounting (e.g., Generally Accepted Accounting Principles – GAAP) and regulatory requirements (e.g., NCUA) Responsible for ensuring to have daily and monthly reconciliations completed timely, including proper disposition of any significantly aged un-reconciled amounts in accordance with policyCoordinate with Product Optimization team and Corporate System, as needed, to ensure all general ledger interface activity and batch postings to the General Ledgers are properly captured, and discrepancies are identified, investigated and resolvedAssign requests from auditors (external and Internal) and regulators, including any follow up requests and ensure timely completion of such requests Serves as accounting subject matter expert and liaison for internal business partners and key external contacts.Research and analyze complex accounting transactions impacting Operational Accounting and consult with Accounting Policy, as appropriate, and provide accounting guidance to business partnersProvide appropriate leadership and guidance to the team to perform technical research and tailor the communication of summary/conclusion to appropriate audienceDirects and guides internal business partners in maintaining and modifying financial reporting and information systems, and ensures the flow of financial informationResponds, in collaboration with manager, to inquiries from management and organization-wide contacts regarding financial results, special reporting requests, and complex accounting transactions; advises staff regarding the handling of non-routine reporting transactions and requestsEnsures key controls are implemented, executed, and adhered to, and reviews regularly for any required changes or new key controls Coordinate development and maintenance of financial systems and facilitates process improvement as cross-functional project team memberMaintain collaborative relationship with the Product Optimization team and facilitate and contributes to implementation of new system, application and/or any process improvementsReview and analyze processes and procedures, identify and develop operational efficiencies and automated solutions for manual processes; recommend and collaborate on implementation of improvementCollaborate with Information Services Department (ISD), Corporate system, Product Optimization team and other Business Unit system team to provide subject matter expertise on group process and procedures, reviews and assists with the writing business requirements, and provides recommendations for enhancementsManage impact of corporate projects affecting the GL and company’s financials, and provide full life-cycle and communication support to project teams and stakeholders Performs managerial supervision.In collaboration with Manager and Assistant Vice President, establish goals and objectives that align with Department policies, procedures, and objectives and key resultsIdentify and select right talent for the team; onboard the team and provide positive experience for the teamLead the execution of talent strategy to ensure expectations are understood, performance is measured and rewarded, feedback is provided timely to contribute in team’s developmentExecute a plan that supports continued investment in creating bench strength and succession planningCreate an environment where team engagement is fostered, two-way feedback (positive and constructive) are provided regularly Monitors status of major projects and provides regular updates to leadership regarding progress, issues, and timelines Perform other related duties as assigned or appropriate.QualificationsBachelor’s degree in a related field or the equivalent combination of education, training and experienceExtensive experience with financial accounting and management, including techniques used in the analysis and reporting of financial information, and review/effective challengingExperience in progressively responsible positions in a corporate environment that demonstrate the ability to organize, direct and control a multi-function operation, and drive the achievement of objectivesPrior supervisory experience in a financial reporting/general ledger area, demonstrating strong leadership skills including managing, coaching, training and developing peopleAbility and desire to lead the team by developing talent strategy to help them get to next level in their career and help realize operational efficiencyAbility to manage multiple priorities independently and/or in a team environment to achieve goalsAbility to see big picture without missing any crucial details within that topic/project/initiativeStrong verbal, written and interpersonal communication skills including the ability to interpret and present complex financial information clearly and conciselyHighly proficient in resolving conflicting requests and meeting changing requirements; exercising initiative and using good judgment to make sound decisions; and maintaining accuracy with attention to detail and meeting deadlinesAbility and desire to lead the team by developing talent strategy to help them get to next level in their career and help realize operational efficiencyExtensive experience researching, interpreting, and applying GAAP and Accounting Standard CodificationsBe able to represent the team in various types of settings, including with ExecutivesDesired QualificationsCertified Public Accountant in good standingPrior public accounting experience (e.g., Audit, Advisory, Consulting etc.)Experience with PeopleSoft and implementation of ERP, or financial accounting & reporting automated systemsThorough knowledge of NCUA policies, procedures and regulations and their application to Navy Federal’s organizational structure and operationsHoursAdditional Information Monday - Friday, 8:00AM - 4:30PMLocation: 820 Follin Lane, Vienna, VA 221805510 Heritage Oaks Drive, Pensacola, FL 32526About UsNavy 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.Our approach to careers is simple yet powerful: Make our mission your passion. FORTUNE 100 Best Companies to Work For® 2026 Yello and WayUp Top 100 Internship Programs 2025 Computerworld® Best Places to Work in IT 2026 Most Loved Workplace – America’s Top Most Loved Workplaces® 2025 2025 PEOPLE® Companies That Care Newsweek Most Trustworthy Companies in America 2026 Military Times 2025 Best for Vets Employers Forbes® 2026 America's Best Large Employers Forbes® 2025 America's Best Employers for New Grads Forbes® 2025 America's Best Employers for Tech Workers 2025 RippleMatch Campus Forward Award Winner for Overall Excellence Military.com Top Military Spouse Employers 2025 2026 Handshake Early Talent Award Newsweek America’s Greatest Workplaces for Culture, Belonging and Community 2026From Fortune Magazine. © 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.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. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.