drjobs Financial Reporting Analyst

Financial Reporting Analyst

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1 Vacancy
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Job Location drjobs

Lakewood, CO - USA

Monthly Salary drjobs

$ 76752 - 102492

Vacancy

1 Vacancy

Job Description

Founded in 1963 FirstBank is Colorados largest locally owned holding company and we are still growing serving customers in Colorado and Arizona. Our growth can be attributed to one simple philosophy: do right by customers communities and employees which is at the center of the companys banking for good mantra. FirstBank believes that diversity equity and inclusion are part of everything we do both within and outside our company and we take pride in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce but also ensure our employee experience garners a sense of belonging is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it. By joining the FirstBank team you will experience our great team culture with ample opportunity for growth. Theres an opportunity for everyone with positions across the company from Personal Banker and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

The Financial Reporting Analyst (with Accounting focus) will assist in the implementation of Accounting Standard Updates (ASUs) and compilation of audited financial statements. This position reviews designs implements and documents internal controls and complex accounting procedures over the financial reporting function. The Analyst provides technical accounting support to business units and management. The position performs accounting assignments independently often involving complex business transactions and large amounts of financial data. The Financial Reporting Analyst (with Finance focus) will provide technical support and solution for the implementation of ASUs and process automation for complex accounting processes. The Analyst conducts financial analysis on key performance indicators and make recommendations to management. Data analytics and financial modeling are other major responsibilities for this role.

What you will do

  • Assess the impact of Financial Accounting Standards Board (FASB) pronouncements to Companys financial statements develop implementation plan and work closely with applicable business units to implement accounting standard changes
  • Review design implement and document internal controls and key accounting procedures over financial reporting
  • Research accounting literature and apply US GAAP standards to nonroutine and complex transactions
  • Prepare technical accounting memos to communicate accounting positions on complex nonroutine transactions to management and external audit firm
  • Compile and/or review Companys audited financial statements and footnote disclosures employee benefit plan financial report and other ad hoc reports as required
  • Communicate with all levels of management to align technical accounting requirements with business processes
  • Perform accounting assignments independently often involving complex business transactions and a large amount of financial data
  • Create and maintain accounting models for ASU implementation and simplification of complex accounting processes
  • Provide Financial Planning & Analysis (FP&A) for various performance metrics for FirstBank leadership
  • Extract examine and summarize financial data and make recommendations on data quality when applicable
  • Work across business functions to effectively identify and retrieve relevant data sets and data points in performing data analytics
  • Assist with the development of policies and procedures in model creation modification documentation and recovery
  • Act as a point of contact with external auditor for escalated or complex topics
  • Train and mentor junior department employees
  • Perform other duties and projects as assigned
  • Understand and comply with all provisions of the Safety in the Workplace policy

Minimum Requirements

  • Typically requires a bachelors degree in related field and a minimum of 2 years of related experience.
  • A combination of posthigh school education job related certification and related experience equivalent to 5 years may be considered in lieu of minimum requirements

Preferred Requirements

  • Experience working in public accounting or in a financial reporting role
  • Experience working in general ledger accounting
  • CPA
  • Experience performing external financial reporting and implementations of FASB pronouncements
  • Experience working in data modeling and data analytics
  • Certification in data science/data analytics

Knowledge Skills and Abilities

  • Ability to apply complex accounting concepts to business processes
  • Strong knowledge of U.S. GAAP and corporate accounting
  • Excellent problemsolving skills with ability to refine processes and procedures
  • Advanced analytical skills with ability to use data analysis programs and applications for data analytics financial modeling and process improvements
  • Ability to focus on multiple priorities without degradation to quality of work produced
  • Ability to prioritize workload to meet deadlines
  • Selfmotivated and selfstarter
  • Strong written and verbal communication skills including ability to effectively communicate with all levels of management
  • Advanced Excel skills
  • Strong interpersonal skills and ability to work in a team environment


Working Conditions and Physical Requirements

  • Frequently remains stationary throughout a typical business day
  • Frequently operates a computer and other office machinery such as a calculator copy machine and computer printer
  • Occasionally moves about inside the office to access file cabinets office machinery and other rooms
  • Occasionally positions self to access drawers and shelves of various heights
  • Frequently reaches for and handles paperwork and files
  • Constantly communicates with customers coworkers and management inperson and on the phone
  • Must be able to exchange accurate information
  • FirstBank does not currently offer fully remote positions except as required by law. The actual number of inoffice days that may be required will vary by business unit role and business need.



Salary Range

$76752.00 To $102492.00

Statement of Benefits

FirstBank offers a suite of benefits that support our employees professional financial physical emotional and spiritual wellbeing. Benefits currently offered with our positions include: Paid Time Off/paid leave programs 401K/Employee Stock Ownership United Healthcare medical MetLife dental VSP vision Employee tuition reimbursement Volunteer Time Off ShortTerm Disability LongTerm Disability and Group Life Insurance/AD&D


EOE/Affirmative Action


FirstBank is an EOE/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to age race color religion sex sexual orientation gender identity national origin genetic information disability veteran status or any other legally protected characteristic. FirstBank does not permit pay inequities. Anyone who believes they have been subject to pay inequity should immediately report their concerns to the Human Resource Department.

Colorado Job Application Fairness Act


Under Colorados Job Application Fairness Act you have the right to redact from any documents that you submit in connection with your application information that identifies your age date of birth or dates of attendance at or graduation from an educational institution. Should you wish to exercise your right to redact such information please redact it prior to submitting the documentation

*This job opportunity is expected to close on 5/7/25*


Required Experience:

IC

Employment Type

Full-Time

Company Industry

Department / Functional Area

Accounting

About Company

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