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Cordia Resources by Cherry Bekaert

Finance Officer - Financial Reporting (FSO)

Cordia Resources by Cherry Bekaert, Washington, District of Columbia, us, 20022


International Banking organization in Washington DC seeks Finance Officer - Financial Reporting for their corporate reporting group. This role is responsible for all aspects of the financial reporting of including quarterly and annual financial statements, management reporting, business unit accounting oversight, the monthly closing of the ledgers, and capital accounting. The team's roles and responsibilities provide a holistic understanding of the financial dynamics of the institutions. The team is strategically positioned with high visibility and ability to assess the impact of market and institutional developments on the financial results of the institutions.Primary Job Responsibilities:Preparing and reviewing reports and analysis that are heavily relied upon by key internal and external stakeholders, including investors, underwriters, rating agencies, and Senior Management.Financial reporting: Support the preparation of the financial statements and management reports for the bank while ensuring financial reporting is accurate, timely, and in compliance with Generally Accepted Accounting Principles (GAAP) and/or internal reporting requirements;Financial analysis: Identify and document trends and key drivers of the financial results through critical review of data and discussions with business partners. This will be in the context of understanding market movements and by monitoring the interest rate, foreign exchange, and credit risk exposures;Accounting policy development: Research accounting issues and interpret accounting standards in coordination with the Accounting Policy team to ensure the timely and accurate application of existing and new accounting guidance;New products and initiatives: Assist with determining the accounting and reporting impact and work with the accounting teams on the implementation aspects;Internal and external collaboration: Function as a point of contact for external auditors and coordinate financial activities with business units within the bank.Position Requirements:Bachelor's Degree in Finance, Accounting, or MBACPA or equivalent designation7+ or more years of relevant Big4 or corporate accounting experienceStrong knowledge of U.S. GAAP and proficiency with researching accounting literatureHands on experience in statutory and management reporting for a financial institutionWorking knowledge of one or more general ledger accounting systemsStrong knowledge of and experience with internal controls over financial reportingMust have excellent verbal and written communications skills