MANAGER, DEBT REPORTING
Posted on: 26 Jul 2021
Herndon, VA
Job Description
Essential Job Functions:
1. Close Reporting
Review and analyze month-end and quarterly reports
Manage the preparation of quarterly disclosures included in SEC Forms 10K/Q ensuring disclosures are submitted timely and accurately.
Manage cost of funds preparation and review of monthly yield analysis
NIM Segment preparation
Coordinate and review ad hoc requests as needed
2. Analysis of Corporate Debt and Swap Portfolio
Verify, track, and analyze activity monthly
Coordinate verification of proper accrual accounting related to portfolio
Ensure accuracy of portfolio report at deal-level
3. Accounting Operations for Stock Repurchase Program
Manage the timely and accurate processing of monthly journal entries
Reconcile daily cash activity and review monthly cash reconciliations
4. Reconciliations
Review Subledger reconciliation to General Ledger
Review and approve monthly account reconciliations in Oracle Tracker
5. Internal Controls
Maintain internal controls processes
Identify and remediate control gaps
Maintain documentation
6. Management of Staff
Ensure staff are properly trained in all job functions
Plan and coordinate the workflow of the group by effectively assigning tasks and responsibilities to staff members to ensure that all group and company-wide deadlines are met.
Effectively evaluate staff performance
MINIMUM REQUIREMENTS:
Bachelor’s Degree - Accounting, Finance, or another related field
7+ year’s experience in accounting or finance
Proficient in Excel
General Ledger software (e.g.-SAP, Oracle, etc.) experience
Excellent analytical and problem-solving skills
4-5 years supervisory experience
Navient
Wilmington, DE
Navient is a U.S. corporation based in Wilmington, Delaware, whose operations include servicing and collecting on student loans. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities, Sallie Mae Bank and Navient. Navient employs 6,000 individuals at offices across the U.S. As of 2018, Navient services 25% of student loans in the United States.
At Navient, our mission is to enhance the financial success of our customers by delivering innovative solutions and insights with compassion and personalized service.
We provide asset management and business processing solutions to education, healthcare, and government clients at the federal, state, and local levels.
For our employees we offer an entrepreneurial environment, rich with opportunity and reward.
Through our annual employee engagement survey, we learn what is most important to our employees and strive to align our offerings and work settings accordingly.
Navient employees have the opportunity to shape their career through active participation in goal setting and regular performance reviews and career path discussions.
We are a service-oriented, fast growing company, and invite you to join our talented and diverse team.
-
IndustryAccounting/Finance
-
No. of Employees6,700
-
Website
-
Jobs Posted157
