Accounting Technician III

To perform accounting functions that supports the proper/accurate classification, balancing, reconciliation, and recording of the organization's financial statements, transactions, and funds. To resolve discrepancies of misapplied funds, adjustments, or unreconciled items. To ensure compliance with federal regulations and Navy Federal accounting policies and procedures. Perform complex/difficult tasks with moderate latitude and impact.

• Review, record and reconcile invoices, journal/ledger entries, transactions and accounts.
• Analyze and verify invoices, statements, and transactions for accuracy and conformity with internal policies and applicable governing accounting principles (GAAP).
• Identify/determine and research appropriate cost center and/or accurate application to proper general ledger.
• Prepare vouchers and forwards to appropriate business unit for processing or performs automated data entry.
• Review invoices/payments to ensure accounts or cost centers are valid/accurate and processes within designated timeframes.
• Process/maintain specialized items/ledgers: including subsidiary accounts, payroll taxes, wire transfers, mortgage servicing transactions, amortization, depreciation, and escheatment items.
• Perform quality control review of system generated summaries for designated functional areas; ensures accounts are reconciled and clears outstanding items.
• Maintain automated payment and reconciliation systems, sub-systems and databases; monitors auto-processes and reports for accuracy and completion.
• Verify inter-face postings via automated system reports and ensures systems are in balance; clears outstanding items and escalates complex issues to management/ETS.
• Participate in developing business requirements and designing new/enhanced automation; tracks ETS work requests; reviews and monitors integration testing and participate in task groups across department lines.
• Serve as resource in evaluating existing accounting systems and procedures to improve performance and processes; researches changes for more efficient operations
• Initiate and track automation work requests; collaborates with ETS and management regarding test results.
• Ensure compliance with regulations and problem resolution through collaboration/interaction with internal and external contacts.

• Identify and investigate complex discrepancies/ processing problems - e.g., substantial branch or ATM cash differences, collections items, stop payments, balancing and/or reconciliation differences.
• Determine corrective actions, prepares documentation and completes/reconciles ledger entries.
• Research and resolves data entry errors or misapplied funds.
• Resolve complex, critical, and time-sensitive disputes; performs detailed research, provides required documentation, and expedites payments.
• Initiate contact with internal management, ETS, vendors, state or local tax authorities, and the Federal Reserve Bank to verify data; requests appropriate adjustments and/or follows up on outstanding reconciliation items.
• Respond to critical/complex escalated inquiries from all levels of management and staff.
• Generate, analyze, and compare accounting and financial reports; review/monitor to verify compliance, and advise data to contribute to corporate decision-making.
• Review and verify integrity of reports and documentation from automated postings; ensure accounts are maintained in compliance with Generally Accepted Accounting Principles (GAAP), Navy Federal, and NCUA standards.
• Prepare and forward reports/documentation to ensure compliance with federal regulations. 
• Participates in task/project groups across department lines; assists with systems design/development and participates in integration testing.
• Maintains training documentation and historical files.
• Mentors and guides Level I & II Accounting Technicians.
• Actively contributes to NFCU's change initiatives (implementation of new GL) and seeks out opportunities to automate manual functions.
• Proficient knowledge of data applications (Excel, Adobe, OnDemand, Peoplesoft/Oracle).
• Contributes to a culture of collaboration by actively working across business lines, communicating accounting knowledge and business processes to other business units.
• Performs other duties as assigned or appropriate.
• Experience in progressively responsible accounting positions demonstrating a strong knowledge of accounting functions and transactions as well as complex reconciliation techniques.
• Proficient with spreadsheet, database, and word processing software.
• Ability to work independently and to mentor/guide teammates.
• Experience working with cross-functional teams and ability to clearly present accounting information.
• Good understanding of SOX control environment including documentation and testing of controls and their