Accountant

Company: Navient
Location: Herndon
Posted on: November 10, 2024

Job Description:

The Accountant is responsible for accounting and reporting functions related to the Company's various capital markets transactions. - This includes maintaining accounting systems, booking journal entries, reconciling the general ledger, resolving issues with Treasury back office, ensuring compliance with relevant accounting standards, maintaining a strong controls environment, and analytical reporting and reviewing of results. - This job requires flexibility in work hours and mandatory overtime during peak periods.This is a hybrid role with 2 days a week out of our Herndon, VA office.Responsibilities:1. General Ledger Accounting - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

• Prepare accounting entries for new transactions.
• Prepare accounting entries relative to the processing of invoices received relative to the Company's borrowings.
• Prepare accounting entries for inter-company Revolving Credit Agreements. - - - - - - - - - - - - - - - - - -
• Prepare G/L reconciliations for all accounts related to the entries mentioned, above. - - - - - - - - - - -2. Complete reconciliations and record all capital markets transaction activity - - - - - - - - - - - - - - - - - - - - - - - - - - - -
  • Reconcile accounting system to cash transfers
  • Sub-ledger account reconciliation to general ledger
  • Review and complete monthly account reconciliations in PeopleSoft Tracker3. Maintain accurate records in Principia - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
    • Coordinate the input and approval of new deal settlements.
    • Review all deal changes as implemented by Front and Back Offices for accuracy and adherence to developed structures.
    • Ensure that invoices are uploaded into Principia timely and are reconciled to the inventory of invoices outstanding. - - - - - - - - - - -4. Monthly/Quarterly Reporting - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
      • Review and maintain various excel spreadsheets used for monthly/ quarterly analysis and reporting of monthly/ quarterly results, including servicing asset accounting
      • Prepare quarterly reporting used to support disclosures included in SEC Forms 10K/Q - - - -5. Complete stat entries, participate in controls testing and ad hoc reportingMINIMUM REQUIREMENTS:
        • Bachelor's Degree - Accounting, Finance, Economics
        • 0-2 year of accounting/finance experience or back office/middle office experience
        • Strong Microsoft Excel skills
        • General Ledger software (e.g., PeopleSoft, etc.) experience
        • Strong analytical and problem-solving skills
        • Strong communication skillsAll offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.Navient is a drug free workplace.

Keywords: Navient, Washington DC , Accountant, Accounting, Auditing , Herndon, DC