Launching your career with Northrop Grumman Federal Credit Union (NGFCU) means being a valued team member at one of the strongest credit unions in the country. AT NGFCU, we understand that our employees are one of our most valuable assets. We offer a total compensation program that focuses on providing work-life balance and supports the overall needs of our team members.

Summary of Primary Functions

Under direction of the Credit Union Controller, the Senior Accountant supports the facilitation and maintenance of an efficient and progressively effective financial accounting and reporting controls system throughout the credit union. This critical role performs a variety of accounting duties of high complexity in compliance with existing procedures, compliance requirements, and established methods and systems in accordance with Generally Accepted Accounting Principles (GAAP). The Senior Accountant supports daily operational aspects of accounting and financial reporting, regulatory reporting, cash management, and financial system maintenance. Maintains property accounting records and performs physical inventory. Receives, sorts, and proofs accounting documents, posts appropriate entries to ledger accounts, prepares reports, financial statements and reconciliations; and performs other accounting and clerical duties as assigned.

As a senior level team-member, this role will provide guidance and support to the Accounting Department staff on routine and complex duties and transactions and make recommendations to enhance or improve operational policies, procedures, and tasks.

Experience and Qualifications

Bachelor's degree in accounting or finance required
CPA highly preferred
Minimum of five to seven years of professional accounting experience in a Financial Institution or Public Accounting Firm
Excellent working knowledge and experience with GAAP
Excellent analytical skills with proven business and financial acumen
Strong written and verbal communication skills
Excellent interpersonal skills with the proven ability to effectively collaborate with all levels of staff, management and senior management
Strong organizational skills
Ability to manage and prioritize multiple tasks. Requires strong mathematical and analytical skill
Advanced knowledge of Microsoft Excel with the ability to create, update and maintain files with complex and conditional formulas and formatting
Thorough knowledge of financial institution compliance requirements and regulations governing financial institutions.
Experience with cash management, collateral management, capital analysis and liquidity management
Knowledge of Asset Liability Modeling and cash flow analysis

Duties and Responsibilities

Performs various accounting transactions in support of the day-to-day operations of the Accounting Department
Provides leadership and guidance throughout the accounting department and with other business units throughout the credit union
Maintains fixed asset and prepaid sub-ledgers and records monthly depreciation and amortization expenses in accordance with established policies and procedures
Prepares monthly financial statistical reports
Prepares and records end-of-month closing journal entries
Reconciles and verifies general ledger accounts daily, and prepares accounting entries as needed.
Verifies and posts daily journal entries to general ledger and other tracking systems.
Reports and remits multi-state unclaimed property reports in accordance with state laws
Performs fixed asset physical inventory
Reconciles bank and other statements
Acts as backup to the Controller and in other accounting roles, and prepares reports for Accounting, Finance and Credit Union leadership
Coordinates and reviews the daily accounting activities required to facilitate complete, accurate and timely financial record keeping and reporting functions
Coordinates and support the periodic and financial close and reporting activities including but not limited to preparing/reviewing journal entries, general ledger reconciliations, analytics, and financial reports
Responsible for maintaining and monitoring financials controls, systems, and workbooks
Responsible for the preparing and reviewing advanced and/or complex accounting functions including, but not limited to, loan accounting, investment accounting, allowance for loan losses (CECL), FAS91 accounting, FAS157 accounting, consolidation accounting, financial reporting and financial data analysis/visualization
Review, prepare and analyze accounting transactions, financial statements, or other financial reports to assess accuracy, completeness, and provide variance explanations for both internal and external analysis
Review and approve workpapers and investigate inconsistencies in journal entries, documents, and reports
Support the operational aspects of the corporate budgeting process and ongoing financial forecasting to include planning, monitoring, analysis, and reporting for all items related to or impacting capital expenditures, revenues and expenses
Advise team members regarding the handling of non-routine transactions and guide them by researching accounting policy and making recommendations regarding operational issues
Monitor new GAAP, regulatory pronouncements, and interpret our position about the potential impact to the Credit Union and implement the accounting standard as necessary
Perform routine and adhoc accounting operations, financial analysis and reporting, as necessary.
Performs other reasonable duties as assigned

NGFCU offers competitive compensation and a rich benefits package including medical, dental, vision, disability and life insurance, and a 401(k)-profit sharing plan with employer matching.

Compensation and Job Title is commensurate with experience and may fall under the following pay ranges:

Senior Accountant - $77,289 to $115,934 Annually

Please note that the salary information is a general guideline only. Northrop Grumman Federal Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

We perform thorough background checks including verification of previous employment, education, credit checks and pre-employment drug screening. Any discrepancies in reported dates, titles, or degree information may result in an employment offer to be withdrawn.

NGFCU is an Equal Opportunity Employer

Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment-qualified applicants with arrest and conviction records.
Monday Through Friday 8:00 am to 5:00 pm

Northrop Grumman Federal Credit Union

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