Accountant, Financial Analyst, Financial Reporting

Job Title

Job Description

Supports the financial management and insurance fund operations of FCSIC, including accounting and financial reporting, internal control evaluation and administration, data analysis, investment and premium-related activities, and special projects. Reviews and analyzes financial data; assists with the preparation of monthly, quarterly, and annual financial reports; ensures compliance with applicable federal laws, regulations, policies, and standards; and contributes to the development and documentation of policies and procedures.

Major duties include things such as:

• Reviews and evaluates financial data and transactions recorded in the financial management system, including posting entries and reconciliations of cash, investments, premium receivables, and other accounts.
• Assists with the preparation of monthly, quarterly, and annual financial statements and related reports, including FCSIC's Annual Report, government-wide and regulatory reporting such as Office of Management and Budget (OMB) data requests and year-end audited financial statements.
• Analyzes trends in insurance obligations, Insurance Fund percentages, and projected investment income; coordinates with Farm Credit System (FCS) banks or Associations to obtain data or communicate information; and projects insurance premium assessments to FCS banks.
• Drafts and updates policies, procedures, standard operating procedures (SOPs), Board materials, and other written reports and documents related to financial management, internal controls, and program operations.
• Performs internal control risk assessments for FCSIC operations and the control environment pursuant to the Federal Managers' Financial Integrity Act (FMFIA) and other relevant guidance.
• Assists in the administration of the travel system, including routing changes, assigning proper accounting codes, and responding to employee inquiries; makes, allocates and reviews purchase card transactions.