9090 - Financial Reporting Accountant

iR has partnered with a great company within the Banking industry located here in the Austin, TX area. They are looking to add a Financial Reporting Accountant to their Financial Reporting team to assist with monthly, quarterly and annual financial reports.

Responsibilities

This role is responsible for compiling, reviewing, analyzing, and preparing various financial information on a monthly, quarterly, annual, and as-needed basis, for the Board of Directors, the Bank management team, and stockholders, under the direction of the Manager of Financial Reporting

This position also requires adherence to Sarbanes- Oxley (SOX) policies, which includes maintaining current SOX controls as they are outlined and assisting with the bank s administration of SOX reviews, policy changes, and documentation

Prepare monthly the Bank s Financial Performance Review and Flash Report for Management and Board of Directors

Review, if applicable, the Bank s financial statements prepared by another staff member before they are issued

Assist in the preparation of the quarterly and annual stockholder reports for the Bank, including all required financial statements, footnotes, and disclosures, including the statement of cash flows

Prepare and compile the detailed source documents used in the preparation and review process for the Bank quarterly and annual stockholder reports to ensure adequate documentation is in place to meet the Bank s SOX objectives

Prepare the calculation of stock issuance and retirement of Capitalized Participation Pool (CPP) purchases, including the preparation of the journal entry related to the stock issuance and retirement

Prepare the calculations and data required for the Bank s patronage payments to associations and OFIs, including Bank s direct note patronage

Prepare calculations and reports required for the annual stock equalization, calculating the investment in the Bank required of associations and OFIs

Prepare the RBIC (Rural Business Investment Company) funds capital calls and ensure reporting of the funding is reconciled and updated on a monthly and quarterly basis., including the preparation of the required journal entries

Prepare other specialized reports for other departments of the Bank, including but not limited to reports for the Credit and Capital Markets departments and the YBS (young, beginning and small farmers) reporting

Execute internal controls in connection with the performance of assigned tasks to comply with the bank s SOX objectives

Act as a backup for the other Senior Accountant in the Financial Reporting Department

Train other staff members in the department, as needed, to prepare reports and schedules which fall under Financial Reporting s responsibility as needed

Maintain procedural documentation on activities assigned, including process functionality within financial system as applicable

Research and apply accounting concepts and theories to current Bank and district issues

Implement changes to reports prepared, according to revisions in accounting standards as promulgated by accounting authorities and reporting and regulatory changes

Prepare special reports as may be assigned by the Manager of Financial Reporting, Assistant Controller, Controller or the Chief Financial Officer, including presentations to the Bank s audit committee and rating agencies

Keep the Manager of Financial Reporting fully informed of all pertinent matters regarding the preparation and production of financial statements and analyses

Qualifications

Position requires a bachelor s degree in accounting, finance, or business administration with four (4) or more years related business experience

Prior work experience shall include consolidation, presentation and analysis of consolidated financial statements, knowledge of generally accepted accounting principles (GAAP) and how to apply them to the Bank s accounting issues, understanding of Sarbanes-Oxley (SOX), problem solving skills to identify problems and implement solutions, operation of PC spreadsheet, database and word processing software and development of financial policies and procedures

Position requires skills in or knowledge of accounting principles, Sarbanes Oxley, financial analysis, consolidated financial statement presentation, cost accounting, process and efficiency improvement, organization, interpersonal relations, and time management/deadlines

Analytical skills, as well as the ability to perform in a detailed manner, are required to analyze and communicate data effectively, resolve problems, and research and apply regulatory and accounting standards

Incumbent must have personal computer skills in microcomputer spreadsheet, database, and word processing software

Must have knowledge of and skills in mainframe or AS400 computer system