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PenFed Credit Union Director, Financial Reporting in McLean, Virginia

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 Director, Financial Reporting at our Tysons, Virginia location. The primary purpose of this job is to direct the process for all reporting, including quality financial review packages, forecast and budget reports, board of director presentations, ad hoc presentations. This position also leads the external reporting process, including PenFed’s Annual Report and production of the quarterly Call Report, providing timely and accurate information which meets PenFed’s stewardship responsibilities. This position interfaces regularly with the executive team, presenting to the Chief Accounting Officer, Chief Financial Officer, and Board of Directors where appropriate. 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. Lead, manage and direct all financial reporting– both day-to-day operations and development of new reporting capabilities. Partner with Information Technology resources to ensure state-of-the-art systems and tools are in place and functioning for complete, accurate and consistent reporting. Partner with accounting team on close process and preparation of monthly reporting activities, budget vs. actual review, commentary and facilitate business-leader discussions Create, modify, and manage complex financial reporting that support CFO organization-wide strategic planning, and cross-functional business leader discussions. Cross-collaborate with Finance to direct preparation, assessment and validation of various reporting. Establish a process that will align external and internal reporting to create efficiencies and control for monthly production. Assist with M&A growth by providing financial ROI analysis and post-transaction integration analysis and reporting. Develop reporting cadence to communicate budget vs actual, actual vs actual, KPIs, and predictive analytic models. Build and maintain strong operating processes surrounding company financial reporting that is highly scalable. This role is responsible for ensuring business continuity. Qualifications Equivalent combination of education and experience is considered. Bachelor’s Degree is required, preferably Accounting, Information Systems, or Data Analytics related. Minimum of twelve (12) years of reporting related experience either in a financial reporting or FP&A role. Minimum of five (5) years’ experience of direct management. Understanding of generally accepted accounting principles (GAAP) is preferred. Experience in banking or a credit union operation is required. Exceptional analytical ability with a background in identifying and analyzing a financial institution’s business performance metrics. Significant experience working with large datasets and expert knowledge of various data analysis software packages and tools (e.g., MS-Excel, SAS, Hyperion, Oracle ERP) is required. Supervisory Responsibility This position will supervise employees. Licenses and Certifications CPA is preferred 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 is 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. #LI-CM2

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