Manager, Enterprise Financial Reporting

CoBank•Greenwood Village, CO

12h•Hybrid

About The Position

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.

Requirements

Bachelor's Degree in accounting, finance or relevant discipline required
6 years of financial reporting and/or corporate accounting experience, combined between public accounting and industry, preferably in banking or the financial services. required
Advanced knowledge of GAAP accounting concepts.
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)
Availability for occasional work outside normal business hours during peak reporting periods.

Nice To Haves

Master's Degree and/or Certified Public Accountant preferred
2 years of in-depth financial reporting experience in a supervisory role preferred
Advanced technology and business process skills in Workiva, Hyperion and Oracle (e.g. Hyperion Reports and Hyperion SmartView) preferred.

Responsibilities

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.

Benefits

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