This is a hybrid role with 2 days a week out of our Herndon, VA office.
Essential Job Functions:
1. General Ledger Accounting
- Create journal entries to accurately account for various entities cash activity and balances
- Set foreign currency spot rates based on contractual agreements and create corresponding journal entries
- Implement and create new templates for cash system to reflect new banking activity
- Ensure accurate new general ledger account creation
- Prepare accounting entries for invoices received relative to the Company's secured financings
- Prepare accounting entries for non-facility Revolving Credit Agreements
- Monitor and clear inter-company balances
2. Monthly/ Quarterly Reporting
- Create and maintain internal and external reports
- Review and maintain various excel spreadsheets used for monthly analysis and reporting of monthly results
- Prepare quarterly reporting used to support disclosures included in SEC Forms 10K/Q
- Create and complete accurate ad hoc reporting
3. Customer Service
- Liaison with IT, Front Office, Back Office, Financial Reporting and other departments within the Company
- Participate in cross-training relative to the Company's Secured Debt and Swap portfolio
- Respond to internal/external audit inquiries in a timely manner
- Assist with internal and external audit requests and management testing
4. Accounting and Treasury System Maintenance
- Update secured deals in Principia timely for capitalized invoices and ensure they are reconciled to the inventory of invoices outstanding.
- Approve trades associated with structured finance collateral transactions.
- Maintain and create accounting templates within cash system
- Update Foreign Currency rates in the Oracle G/L
- Participate in UAT and parallel testing as needed for our financial systems
- Assist with new deal issuances for the Company's securitization trusts and the creation of debt and derivative instruments in Principia
MINIMUM REQUIREMENTS:
- Bachelor's Degree - Accounting, Finance, Economics
- 0-2 years of accounting/finance experience or back office/middle office experience
- Strong Microsoft Excel skills
- General Ledger software (e.g., Oracle, PeopleSoft, etc.) experience
- Strong analytical and problem-solving skills
- Strong communication skills
PREFERRED QUALIFICATIONS:
- CPA candidate
- Debt and/or derivative accounting experience
- Back Office or Middle Office experience
All 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.