Senior Accountant, Payroll

Overview 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 Senior Accountant, Payroll at our Alexandria, Virginia location. The primary purpose of this job is to apply comprehensive knowledge of payroll best practices and accounting principles in performing complex duties related to the processing and recording of payroll transactions. This position will work with outside vendors, auditors and others to analyze and provide information on operational, reporting, or system impact related to policy changes and new products; contribute to special projects; and may train staff. Responsibilities 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. Responsible for the overall understanding of in-house payroll and accounting of the moderately complex operations. Analyze and reconcile general ledger payroll accounts on a timely basis, follow-up on any reconciling items, and prepare monthly journal entries in PeopleSoft Financials systems. Prepare month-end close entries including payroll interfaces, leave accruals, bonus accruals, inter-company journal entries, and accrued liabilities. Assist with biweekly payroll processing and ADP tax payments. Prepare, review, and analyze monthly compensation expense accuracy and completeness. Support with month-end, quarter-end, and year-end closing; ensure that all financial deadlines are met. Provide back up to payroll process within company policy guidelines and in compliance with Federal, State, and other laws and regulations, with an understanding of employer- and employee- paid benefits and tax regulations for the domestic payroll. Create basic ad-hoc reports on earnings, taxes and deductions as required. Serve as back-up for critical tasks at various levels within the team. Other duties that are broadly in line with the above key contributions as assigned. Work cross functionally with HR, HRIS, Treasury and external partners on policies, processes and help drive key system initiatives and improvements. Provide superior customer service to employees with questions relating to their payroll. Participate in the maintenance, testing and implementation of changes to the Payroll systems. Assist NCUA Examiners, external and internal Auditors during periodic examinations and audits. Qualifications Equivalent combination of education and experience is considered. Bachelor’s Degree in Business, Finance, Accounting or a related field is preferred. Minimum of five (5) years of experience in accounting and payroll reporting is required. PeopleSoft Payroll experience preferred. Able to work in a high paced environment. Self-starter and strong ethical standards. Excellent organizational skills with attention to detail, completeness and accuracy. Proficient in Excel (VLOOKUP, Formula, Pivots). *This role is responsible for ensuring business continuity*. 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. Special Message Regarding COVID 19 PenFed is continuing to hire and train exceptional individuals to help us serve our 2 million members both here and around the world. In light of the current situation with novel coronavirus (COVID-19), we have modified our hiring, onboarding, training, and deployment protocols in order to comply with current local and state guidance around social distancing. About Us Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2 million members and over $26 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. 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 240-224-4256.