Accounting & Financial Reporting Analyst

VersaBank • Minneapolis, MN

7d • Onsite

About The Position

VersaBank is seeking an Accounting & Financial Reporting Analyst to join their team. This role will support the US GAAP accounting and consolidated financial reporting function of VersaBank, ensuring compliance with US GAAP, SEC reporting requirements, applicable banking regulations, and internal control standards. The analyst will collaborate with management, regulators, external auditors, and team members to produce accurate and timely financial information. A key aspect of the role involves contributing to continuous improvement initiatives through technology, automation, and process enhancements to boost efficiency, strengthen internal controls, and improve the quality and timeliness of financial reporting.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• 3–6 years of accounting or financial reporting experience, preferably with a financial institution, public accounting firm, or publicly traded company.
• Advanced Microsoft skills.
• Strong analytical, organizational, and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities while maintaining exceptional attention to detail.
• Ability to work independently and collaboratively in a deadline-driven environment.

Nice To Haves

• CPA designation or progress toward CPA certification preferred.
• Experience preparing or supporting US GAAP financial statements and related disclosures preferred.
• Experience preparing Statements of Cash Flows preferred.
• Experience supporting bank or bank holding company reporting preferred.

Responsibilities

• Prepare inputs into the monthly, quarterly, and annual consolidated financial statements and related disclosures for SEC and regulatory reporting.
• Prepare journal entries, account reconciliations, supporting schedules, and other accounting analyses.
• Assist with the implementation of US GAAP accounting policies.
• Support internal and external audits and regulatory examinations by preparing requested documentation and responding to information requests.
• Assist with the development, documentation, and maintenance of SOX 404 internal controls over financial reporting.
• Utilize Sage ERP and other reporting tools to prepare financial reports, validate accounting data, and improve reporting capabilities.
• Analyze financial data and investigate variances, trends, and unusual transactions to ensure accuracy and completeness of financial reporting.
• Identify opportunities for process improvements, automation, and standardization that enhance efficiency while maintaining strong governance and compliance standards.
• Assist with accounting, financial reporting, regulatory reporting, and other special projects as assigned.

Benefits

• excellent career advancement opportunities
• an informal, positive work environment
• a very competitive compensation package
• medical, vision and dental coverage
• life, AD&D and disability insurance
• participation in a 401(k) plan
• time off policies
• annual incentive awards

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level