Career Developers
Manager, Financial Reporting (Banking industry a must) 185-195K
Career Developers, New York, New York, us, 10261
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Referral fee program Career Developers Inc., a distinguished staffing and consulting firm, is proud to celebrate 30 years of service excellence. As a GSA Contract holder, we offer comprehensive staffing solutions for both commercial and government sectors nationwide. By selectively partnering with clients who share our values, we ensure productive collaborations that set us apart in the industry. Our dedication to candidates involves managing expectations with precision through business intelligence, thorough interview preparation, transparent communication, and exceptional feedback throughout the process. We are committed to advancing your career and look forward to supporting your professional growth. Manager, Financial Reporting (Banking industry)
Location: Manhattan, NY - 3 days in the office per week/hybrid - Near Grand Central Station Salary: 180-195K+ 12% Bonus + Pension + 401K and full benefits
Must have the following skills to be considered a viable candidate for this role: 10+ years of Technical/system skills and ability to manage/support the day to day accounting and reporting operations and willing to roll up their sleeves. Must have some knowledge around financial instruments such as Bonds, FI, derivatives, Mortgage backed securities. Strategic mindset and/or ability to execute on strategic initiatives. People leadership. Someone who thinks collaboratively and prioritizes inclusion, great communicator at all levels, driven, dynamic, intellectually curious, positive energy, puts the team first, focused on empowering/upskilling the team, someone who can keep us organized and more cohesive, etc. Having a CPA would be a plus.
Responsibilities:
Internal Reporting:
Review/Approve month-end proofs and account analyses. Liaise with the Investment and Portfolio Management Department and Member Asset Program Department to resolve any operational issues and understand new business. Review/Approve daily summary of cash changes between the general ledger and the statement from the bank. Sign off on controls governing the DDA Cash balance, general ledger, the mortgage provider's database and in-house mortgage loan application proofs for completeness and accuracy. Exceptions are followed up and resolved in a timely manner. Review/Approve monthly analysis for real estate-owned property to ensure activities are booked appropriately in GL. Streamline month-end account analysis process. Design accounting/reporting specifications for systems supporting mortgage loans. Manage relationships with outside vendors to ensure the application is correct, including designing UAT. Prepare periodic management reports and financial statements. Assume new responsibilities for fully automated mortgage loan reporting and reconciliation. Perform other duties as assigned. SEC/Regulatory Reporting:
Manage the quarterly and annual SEC filings (i.e., 10-Qs and 10-K). Supervise the production of financial statements and support for Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) in the 10-Q/K. Collaborate with SME's from other departments to ensure proper accounting for complicated transactions. Research current accounting and reporting issues, trends, and policies to be applied to applicable transactions and/or SEC filings. Manage all aspects of the Cash Flow Statement. Manage relationships with external auditors. Monitor, understand, and implement FHFA regulations and the Office of Finance's requirements pertaining to financial reporting. Research new FASB accounting pronouncements and assist in the implementation of changes. XBRL Tagging:
Review, oversee and research XBRL tagging prepared by the third-party vendor to determine if the tagging is in compliance with SEC guidelines. Work closely with vendor to rectify tagging errors. Work closely with other sister banks to ensure XBRL tagging consistency within the internal banking system. Compliance:
Prepare, maintain and update accounting policies and procedures in conformity with SOX requirements. Manage relationship with internal audit. Leadership/Supervisory:
Provide leadership to direct reports including career discussions, mid-year and annual reviews and mentorship. Supervise and manage both direct reports and processes. Ensure deadlines are met while producing high quality and efficient results. Drive change, be a promoter and initiator of impactful positive change. Drive collaboration and inclusion. Drive team motivation and morale. Skills:
Leadership and supervisor experience. Process management, professional, technical, interpersonal, communication and computer skills commensurate with experience. Result oriented, with the ability to multitask and work both independently and collaboratively. Education and Credentials:
Bachelor's degree in accounting and CPA is preferred but not required.
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Referral fee program Career Developers Inc., a distinguished staffing and consulting firm, is proud to celebrate 30 years of service excellence. As a GSA Contract holder, we offer comprehensive staffing solutions for both commercial and government sectors nationwide. By selectively partnering with clients who share our values, we ensure productive collaborations that set us apart in the industry. Our dedication to candidates involves managing expectations with precision through business intelligence, thorough interview preparation, transparent communication, and exceptional feedback throughout the process. We are committed to advancing your career and look forward to supporting your professional growth. Manager, Financial Reporting (Banking industry)
Location: Manhattan, NY - 3 days in the office per week/hybrid - Near Grand Central Station Salary: 180-195K+ 12% Bonus + Pension + 401K and full benefits
Must have the following skills to be considered a viable candidate for this role: 10+ years of Technical/system skills and ability to manage/support the day to day accounting and reporting operations and willing to roll up their sleeves. Must have some knowledge around financial instruments such as Bonds, FI, derivatives, Mortgage backed securities. Strategic mindset and/or ability to execute on strategic initiatives. People leadership. Someone who thinks collaboratively and prioritizes inclusion, great communicator at all levels, driven, dynamic, intellectually curious, positive energy, puts the team first, focused on empowering/upskilling the team, someone who can keep us organized and more cohesive, etc. Having a CPA would be a plus.
Responsibilities:
Internal Reporting:
Review/Approve month-end proofs and account analyses. Liaise with the Investment and Portfolio Management Department and Member Asset Program Department to resolve any operational issues and understand new business. Review/Approve daily summary of cash changes between the general ledger and the statement from the bank. Sign off on controls governing the DDA Cash balance, general ledger, the mortgage provider's database and in-house mortgage loan application proofs for completeness and accuracy. Exceptions are followed up and resolved in a timely manner. Review/Approve monthly analysis for real estate-owned property to ensure activities are booked appropriately in GL. Streamline month-end account analysis process. Design accounting/reporting specifications for systems supporting mortgage loans. Manage relationships with outside vendors to ensure the application is correct, including designing UAT. Prepare periodic management reports and financial statements. Assume new responsibilities for fully automated mortgage loan reporting and reconciliation. Perform other duties as assigned. SEC/Regulatory Reporting:
Manage the quarterly and annual SEC filings (i.e., 10-Qs and 10-K). Supervise the production of financial statements and support for Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) in the 10-Q/K. Collaborate with SME's from other departments to ensure proper accounting for complicated transactions. Research current accounting and reporting issues, trends, and policies to be applied to applicable transactions and/or SEC filings. Manage all aspects of the Cash Flow Statement. Manage relationships with external auditors. Monitor, understand, and implement FHFA regulations and the Office of Finance's requirements pertaining to financial reporting. Research new FASB accounting pronouncements and assist in the implementation of changes. XBRL Tagging:
Review, oversee and research XBRL tagging prepared by the third-party vendor to determine if the tagging is in compliance with SEC guidelines. Work closely with vendor to rectify tagging errors. Work closely with other sister banks to ensure XBRL tagging consistency within the internal banking system. Compliance:
Prepare, maintain and update accounting policies and procedures in conformity with SOX requirements. Manage relationship with internal audit. Leadership/Supervisory:
Provide leadership to direct reports including career discussions, mid-year and annual reviews and mentorship. Supervise and manage both direct reports and processes. Ensure deadlines are met while producing high quality and efficient results. Drive change, be a promoter and initiator of impactful positive change. Drive collaboration and inclusion. Drive team motivation and morale. Skills:
Leadership and supervisor experience. Process management, professional, technical, interpersonal, communication and computer skills commensurate with experience. Result oriented, with the ability to multitask and work both independently and collaboratively. Education and Credentials:
Bachelor's degree in accounting and CPA is preferred but not required.
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