Remote Accounting Analyst, SBO
Company: PenFed Credit Union
Posted on: May 15, 2022
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
PenFed is hiring a Remote Account Analyst, SBO at our Frisco, Texas
location. The primary purpose of this job is to apply comprehensive
knowledge of SBO operations and accounting principles, concepts,
practices, and standards in performing complex duties related to
preparing and analyzing financial information to record
transactions, prepare reports, and review and verify accuracy. This
position will also work with external servicing partners to
research and resolve investor reporting exceptions prior to
finalizing monthly activity and will contribute to special projects
related to the SBO portfolio accounting system.
**This position is available remotely within 100 miles of job
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.
- Compile, review, analyze, and record financial information to
the general ledger through the implementation and ongoing use of
SBO portfolio accounting and reporting systems. Complete monthly
- Prepare loan asset financial reporting, consolidated financial
analysis, and other other accounting schedules and reports.
- Prepare daily, weekly, and monthly reconciliations to ensure
SBO systems are in sync with the general ledger and account
information is accurate, consistent, traceable, and auditable.
- Execute and manage timely, accurate transactions.
- Identify control weaknesses, communicate to management, and
participate in making remedial changes to tighten and enhance
- Conduct research and analyses by leveraging data an analytical
- Provide requested information to auditors, consultants, and
others on significant matters requiring coordination.
- Participate in the design, modify, install, and/or maintain
accounting and reporting systems to ensure adequate recognition of
- Participate in moderately complex accounting projects and may
periodically participate in highly complex projects
- Participate in the development and implementation of section
standards, policies, and procedures
- Actively partner and engage with external servicers to
identify/resolve exceptions and ensure completeness/accuracy of SBO
reported data.*This role is responsible for ensuring business
Equivalent combination of education and experience is
- Bachelor's Degree or equivalent required
- Minimum of five (5) years of progressive accounting or finance
experience in a highly regulated industry such as financial
services, mortgage, banking, etc.
- Strong understanding of operational workflow concepts and
- Strong understanding of reconciliation concepts including but
not limited to cashbook validation and test of expected cash
- Strong analytical skills, particularly with excel pivots and
- Experience leveraging business intelligence and query tools
- Intellectually curious with a willingness to work in a dynamic,
challenging and rewarding environment.
- Strong writing, verbal and presentation skills preferred.
- Experience with monthly accounting close preferred.
- Experience with SBO accounting and reporting
This position will not directly supervise employees
Licenses and Certifications
There are no additional certifications required.
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.*
Ability to travel to various worksites and be on-call may be
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.
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
Keywords: PenFed Credit Union, Irving , Remote Accounting Analyst, SBO, Accounting, Auditing , Irving, Texas
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