Senior Manager, General Accounting

Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a (Hybrid) Senior Manager, General Accounting at our Tysons, Viringia location.  The primary purpose of this position is to oversee the activities of the General Accounting area within Accounting Shared Services, including developing new procedures to enhance the efficiency of processes and ensure compliance with all related regulations, policies, and procedures. This position will have direct reports that manage the day-to-day tasks of these critical Accounting functions. Additionally, this position will be a key contact within internal and external auditors and examiners.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. 

• Assure compliance with all regulations & policies and maintain safe and sound reporting.
• Review the staff level generation of monthly, quarterly, and annual related reports of the Credit Union’s reporting entities as well as maintain proper books and records of the pre-Financial Accounting, adjustments, and final Financial Accounting reports for the Credit Union in the related areas.
• Manage aspects of accounting for the Shared Services functions including accounts payable, payroll, and fixed assets.
• Review training programs, daily team performances and monthly reporting processes to assess against established key performance indicators (KPIs).
• Oversee staff and make appropriate adjustments to meet current workload needs and future anticipated needs.
• Develop and maintain documentation, policy, procedures, and reconciliations of all assigned Accounting tasks for the team - including interactions with NCUA & auditors.
• Research and recommend strategic and tactical changes for the team as well as improve the overall process and timeliness for the Shared Services team tasks.
• Assist in setting the goals and scope for automation strategies and system tools to improve the Shared Services Accounting and reporting of the Credit Unions.

*This role is responsible for ensuring business continuity.*

Equivalent combination of education and experience is considered.

• Bachelor’s Degree in Business, Finance, Accounting, or a related field is required and/or accounting certification and/or 10 (ten) of general accounting experience exclusive to large financial institution accounting scenarios.
• Minimum of 7 (seven) or more years of experience in accounting and financial areas, including general accounting, consolidations, financial GL Closings and US GAAP and regulatory reporting.
• Minimum of 2 years’ experience in a managerial capacity
• Knowledge of general accounting practices around accruals. accounts payable, PeopleSoft Financial, Accounts Payable and Asset Management modules, budgeting and forecasting analysis and related concepts, practices, and procedures.

Supervisory Responsibility

This position will supervise employees

Licenses and Certifications

CPA or CPA candidate preferred.
 

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to travel to various worksites and be on-call may be required.

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.9 million members and over $31 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam and Puerto Rico. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
 
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
 
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
 
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.

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