Manager, Enterprise Financial Reporting at CoBank

Greenwood Village, Colorado, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Apr, 26

Salary

133280.0

Posted On

21 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, GAAP, Data Analysis, Regulatory Compliance, Technical Writing, Process Improvement, Team Management, Communication, Attention to Detail, Organizational Skills, Time Management, Automation, Accounting, Financial Analysis, Microsoft Office

Industry

Banking

Description

Benefits Overview A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best! Benefits Offered by CoBank Careers with a purpose Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays Competitive Compensation & Incentive Hybrid work model: flexible arrangements for most positions Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance Robust associate training and development with CoBank University Tuition reimbursement for higher education up to $10k per year Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution Associate Resource Groups: creating a culture of respect and inclusion Recognize a fellow associate through our GEM awards Job Description Integral member of the Financial Reporting Department who manages all reporting aspects of CoBank's loan portfolios. Primary duties to include preparing financial reports and analyses for regulatory agencies, shareholders, and executive management while ensuring compliance with internal controls, generally accepted accounting principles (GAAP), and other regulatory requirements. Duties will also include performing special project work to support the business needs of the Controller Division, including system implementation support and data validation. Ensures accuracy, completeness, and consistency across all financial reports and in alignment with expectations and established deadlines. Essential Functions Leverages advanced financial reporting expertise to prepare and analyze shareholder reports, ensuring clear and accurate communication of complex financial data. Manages the compilation and reconciliation of complex areas related to loan reporting, including those in accordance with FASB Topic 326. Prepares and reviews financial sections of CoBank’s quarterly and annual financial reports while maintaining effective communications and data analysis to ensure disclosures are appropriate, accurate, complete, and consistent across external filings and internal communications. Prepares FCA and external auditor’s disclosure and content checklists, ensuring financial statements are in alignment with current regulatory and professional standards and recommending updates as applicable. Prepares quarterly GAAP update and change management matrix update for internal stakeholders, providing transparent explanations of key business and other changes consistent with department objectives. Prepares the earnings press release and investor presentation, applying an understanding of audience needs to tailor messaging and support external communications. Reviews pension plan financial statements and disclosures to ensure accurate reporting and compliance. Maintains department controls, processes, and procedures to ensure CoBank’s financial reports comply with GAAP, regulatory requirements, internal control over financial reporting (ICFR), and industry practice through proactive risk management and implementation of best practices. Maintains effective source data controls and change management over the reporting of CoBank’s loan accounting portfolio and ensures changes to source data are well documented, thoroughly vetted and effectively incorporated into CoBank’s reporting deliverables. Maintains subject matter expertise in evolving accounting, reporting and regulatory requirements and evaluates the impact to CoBank’s financial statements. Provides recommendations and guidance on appropriate reporting treatment of complex technical accounting matters and assists in implementing such recommendations. Identifies opportunities to streamline processes to improve efficiency in the reporting of CoBank’s loan portfolio and works with other CoBank stakeholders to ensure effective implementation. Prepares and/or reviews other reports on an ad-hoc basis required for financial analytics used in the reporting process or for other key initiatives. Identifies and implements opportunities to automate and streamline processes to improve accuracy and efficiency in collaboration with cross-functional teams to ensure effective implementation. Participates in technology system implementations, upgrades and enhancements. Leads or supports special projects and other complex assignments requiring multi-disciplinary coordination and professional judgment as assigned. As a people manager at CoBank, you will be expected to manage and lead associates. Responsibilities include, but are not limited to, associate performance management, talent strategy, workforce planning, change management, conflict resolution, relationship management, and the review and oversight of team's work products to ensure accuracy, quality, and compliance. You will drive and be accountable for the team’s development, alignment with the division’s objectives, as well as with CoBank’s strategy and mission. Education Bachelor's Degree in accounting, finance or relevant discipline required Master's Degree and/or Certified Public Accountant preferred Work Experience 6 years of financial reporting and/or corporate accounting experience, combined between public accounting and industry, preferably in banking or the financial services. required 2 years of in-depth financial reporting experience in a supervisory role preferred Advanced knowledge of GAAP accounting concepts. Advanced technology and business process skills in Workiva, Hyperion and Oracle (e.g. Hyperion Reports and Hyperion SmartView) preferred. Proven skills in financial reporting analysis, research and technical writing. Excellent organizational and time management skills, with the ability to prioritize competing commitments in accordance with established deadlines in a dynamic, fast-paced environment. Ability to work independently as well as collaboratively in a team environment. Strong attention to detail. Excellent verbal, written and interpersonal skills, with the ability to work effectively and build relationships with associates and management at all levels across the bank. Proven ability to identify process improvements while driving automation and efficiencies. Knowledge of Microsoft Office applications (Outlook, Word, PowerPoint, Excel) Special Requirement: Availability for occasional work outside normal business hours during peak reporting periods. Physical Exertion Details Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met. Travel Requirement Details Occasional Travel occurs infrequently (typically, once a month or less). About CoBank The typical base pay range for this role is between $108,400 - $133,280. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law. CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore. REASONABLE ACCOMMODATION We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. CoBank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

Responsibilities

The Manager, Enterprise Financial Reporting will manage all reporting aspects of CoBank's loan portfolios, preparing financial reports and analyses for regulatory agencies and executive management. This role also involves ensuring compliance with internal controls and GAAP while leading special projects to support the Controller Division.