David Jensen

David Jensen

Junior Accountant

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  • Timeline

  • About me

    Chief Financial Officer at Justice Federal Credit Union

  • Education

    • Washington and Lee University

      1978 - 1982
      Bachelor of Science (B.S.) Accounting and Business/Management
  • Experience

    • Dominion Federal Savings and Loan

      Nov 1982 - Nov 1984
      Junior Accountant
    • Advanced Technology Systems

      Nov 1984 - Apr 1987
      Senior Accountant
    • Boston Five Cents Savings Bank

      Apr 1987 - Mar 1988
      Assistant Treasurer
    • Framingham Savings Bank

      Mar 1988 - Mar 1991
      Assistant Controller

      Supervised small accounting staff and daily operations of accounting department. Prepare and analyze monthly financial statements. Managed the bank's cash requirements. Developed and implemented tracking procedures to adhere to FAS 91 guidance.

    • ITAA

      Mar 1991 - Mar 1992
      Manager Financial Services

      Supervised small accounting staff. Provided quarterly data in compliance with company cash management and investment policy. Examined and recommended alternative investment methods to utilize cash flow and maximize investment policy. Provided monthly budget analysis.

    • Federal Deposit Insurance Corporation (FDIC)

      Mar 1992 - Jun 1996
      Senior Accountant

      Prepared and reviewed financial statements and footnotes for Annual Report. Provided financial analysis of termination agreements for cash availability reports. Analyzed forecasts to detect anomalies. Prepared monthly cash flow statements, quarterly reports to track cost of assistance agreements. Prepared responses for Congressional testimony and FOIA requests.

    • Navient

      Jul 1996 - Apr 2016
      Managing Director

      Currently supervise 15 employees in two states (have managed as many as 125 employees in 8 states due to acquisitions). Manage all accounting activity, including general ledger and financial statement review in preparation of Holding Co. consolidation and external SEC reporting for subsidiaries. Provide guidance on GAAP issues. Oversee operational areas including corporate cash transactions, invoice preparation for 3rd party/intercompany/guarantee servicing and loan servicing activity, recording of fixed assets. Complete required Sarbanes-Oxley documentation (over 1,000 reconciliations per month). Liaison for external auditors on corporate and stand-alone subsidiary audits. Show less

    • RapidAdvance

      Dec 2016 - Aug 2017
      Interim Assistant Controller
    • Justice Federal Credit Union

      Aug 2017 - now
      • Chief Financial Officer

        Mar 2022 - now
      • Senior Vice President of Finance

        Mar 2019 - Mar 2022
      • Acting CFO

        Jun 2018 - Mar 2019
      • Controller

        Aug 2017 - Jun 2018
  • Licenses & Certifications

    • Certified Public Accountant

      Commonwealth of Virginia
  • Volunteer Experience

    • Member of Board of Directors and Treasurer

      Issued by Reston Children's Center on Jan 1994
      Reston Children's CenterAssociated with David Jensen