Corporate Accounting Specialist
Reston - Edmund Halley, VA
Who we are:
Sallie Mae is proud to help Americans aspiring to create the life they wantwhether that means helping them make college happen, or something more. Our colleagues across departments and across the country are united in our passion and our customer-first approach. Whether you want to join a growing company, be part of an agile workforce, or gain new skillsyoure in the right place.
What You'll Contribute:
The incumbent is responsible for completing General Ledger account
reconciliations, resolving exceptions, and journalizing adjustments.
Assignments will include posting monthly and annual accruals. Will
cross-train with, and act as backup for, the Payroll and Benefits
Accountant. Accounts Payable functions will include PeopleSoft vendor
additions and maintenance, as well act as backup for processing Accounts
Payable check runs. Adhoc projects as assigned.
PeopleSoft Financials experience preferred, and Excel experience is
required. Incumbent will adhere to Corporate Policies, Internal Control
Procedures, and SOX requirements at every level. Ideal candidate will enjoy
working in a collaborative, team environment and have a solid working
knowledge of Generally Accepted Accounting Principles (GAAP). Excellent
communication, analysis, and organizational skills are required. The
incumbent will need to be comfortable with multiple projects and varying
What You'll Do:
10% - Perform GL Account Reconciliations
Maintain excel spreadsheets that tie to the GL monthly as part of our
Monitor all entries posted to assigned accounts.
Journalize all required allocations and amortizations monthly.
Research and resolve all exceptions.
Complete timely and accurate GL reconciliations in PeopleSoft tracker.
Meet all existing audit (external/internal), 404 testing and internal
control requirements and procedures.
20% - Vendor Maintenance
Have knowledge of 1099 reporting requirements.
Vendor additions and maintenance in PeopleSoft.
Purchasing Card vendor mapping in PeopleSoft.
Use IRS TIN Matching program to validate data
Review data; including legal names, mailing address, and TINs.
20% - 401(k) Funding and Reconciliation
Bi-weekly funding of employee 401(k) contributions, company match, and
Monthly reconciliation of contributions, loans, and company match.
Monthly reconciliation of Fidelity Trial Balance to bi-weekly funding
Keep track of Supplemental 401(k) funding and wage totals.
20% - Bi-weekly funding of employee payroll benefit deductions
Prepare bi-weekly payroll benefit payments using Workday reports.
Save and submit pdf files to Treasury for transfer of funds to vendors.
10% - SOX Testing
Prepare bi-annual SOX testing and upload in Archer.
Review documents for compliance with internal controls.
Report any findings to Manager and Director of Accounting Dept.
10% - Post Accruals and Journals Monthly and Annually
Upload journal entries to the GL and validate combo edit rules.
Ensure all entries are posted by the designated deadlines.
Post Direct Debit and Payroll payments monthly using the Treasury
Management module in PeopleSoft.
Create and post monthly PTO accrual and Headcount FTE stats to
10% - Complete various projects assigned by management as they are
Look for ways to create efficiencies, and increase department
responsibilities, while adhering to all documented internal controls.
Backup for Payroll and Benefits Accountant includes posting payrolls to
the PeopleSoft Payroll Sub-ledger.
What You Bring:
Minimum College degree preferred
Area od study: Accounting
Experience with PeopleSoft 9.2 and Workday preferred
Understanding of Generally Accepted Accounting Principles (GAAP)
Working knowledge of Accounts Payable principles and practices
Familiarity working in a high-volume production type environment
Advanced MicroSoft Office (Excel, Access, Word) skills
Thorough, detail oriented, and performs self- reviews
Ability to effectively prioritize workload to maintain current accountsand meet departmental deadlines; Must be able to multi-task assignments
Sound problem solving skills to resolve account discrepancies and toreconcile G/L Accounts
Excellent customer service and time management skills
Ability to work independent of supervision
Excellent communication and interpersonal skills
Results and deadline oriented, with emphasis on integrity and ethics
Ability to grasp new ideas and be a quick learner
Conduct themselves in a professional manner always
What You'll Get at Sallie Mae:
Comprehensive Compensation and Healthcare Benefits (Medical, Dental, Vision plans)
Financial Well-being : 401(k) company match, employee stock purchase plan, and basic life insurance and short-term disability are provided to employees at no cost
Work/Life Balance : Paid time off, time off to volunteer, and tuition reimbursement. In addition, after 6 months of employment, primary caregivers receive 12 weeks of 100% fully paid time off and secondary caregivers are eligible for 4 weeks of 100% fully paid time off, for birth or adoption
Wellness : Fitness centers/gym subsidies, free Fitbits with step challenges, and wellness education
REQ ID: 416
Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. If you'd like more information about your EEO rights as an applicant, please click here. EEO is the Law Supplement. Click here to view the U.S. Pay Transparency Policy.
Launch your career - Upload your resume now!Upload your resume
Loading some great jobs for you...