Senior Financial Reporting Analyst

Fargo Corporate Office - Desk Share

Job Location: Fargo Corporate Office

Job Location Type: On-Site

Hours: 8-5 M-F

The Senior Financial Reporting Analyst applies principles of accounting to analyze and track financial information as well as prepare financial reports.

ESSENTIAL FUNCTIONS:

• Assist in the preparation, review, and analysis of the following functions, including the collection, verification and summarization of data required for:
  Financial Statements, Management Reports, Board Financial Reports, Regulatory Reports, Annual Audited Statements, Annual Budget (including variance reports), Three Year Projection, Interest Rate Risk Analysis and other projects as assigned.
• Perform financial statement analysis, including actual-to-budget, period-over-period, and trend analysis.
• Prepare and review journal entries, account reconciliations, and other complex accounting calculations.
• Research and apply U.S. GAAP to new or unusual transactions and assist with implementation of new accounting standards.
• Maintain supporting documentation for significant accounting estimates and financial statement balances.
• Assist with preparation of management, executive, Board, and other financial reporting packages.
• Perform custom financial reporting, designs and creates financial dashboards using Business Intelligence Software.
• Assist with preparation and review of the Bank's quarterly Call Report and other applicable regulatory reports.
• Perform all duties associated with new and paid loan processing on investor loans and purchased loans serviced by other financial institutions such as loan level reporting and reconciliation of internal accounts.
• Perform loan investor reporting and remitting accurately and on time in accordance with investor guidelines to avoid penalties and compensatory fees as assessed by the investor; use investor specific applications as required. Resolve reporting or remittance differences by performing detailed loan level analysis and clear exceptions based on each investor's requirements. Resolve reporting or remittance differences by performing detailed loan level analysis and clear exceptions based on each investor's requirements.
• Remain knowledgeable of new accounting standards that affect generally accepted accounting principles, financial statements and disclosures. Assists with the implementation of new accounting standards.
• Perform the allowance for credit losses (ACL) calculation and gathers and maintains the required information to support the calculation.
• Complete and/or ensure completion of monthly accruals, including interest accruals, accrued expenses, prepaids, depreciation, etc. Completes the reconciliation of general ledger balance sheet accounts, bank accounts (such as the FHLB demand account), and internal operating DDA accounts. Monitors the reconciliation of accounts by offices, other corporate departments or other accounting personnel. Verifies general ledger account balances to application principal balances for assets and liabilities on core processing system, including deferred fees, deferred costs, escrow accounts, credit insurance, etc.
• Perform general ledger maintenance, including adding, updating, removing general ledger accounts.
• Complete Fiserv general ledger mapping for any new or changed accounts.
• Assist with updating Accounting policies and procedures and FDICIA documentation.
• Resolve questions of balancing nature that arise in the accounting department, and questions of accounting and/or balancing nature arising in other departments, offices and third-party vendors, such as Money Gram.
• Gather and summarizes information for auditors and examiners.

• Deliver a consistently exceptional service experience for both team members and…