Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

Remarkable Benefits Offered by CoBank

• Careers with a purpose. Stand for something!
• Time-Off Packages -15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to 10,000 annually 
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of diversity and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Oversees the activities and responsibilities of the Financial Instruments Accounting team which handles the accounting operations of the Treasury department. The Financial Instruments team ensures investment, debt, and derivative transactions are appropriately processed, reviewed, and accounted for in a timely and accurate manner. Works closely with Financial Reporting, Treasury and the Financial Instrument Operation (FIO) group to ensure all transactions flow seamlessly from the front-office systems to the accounting general ledger and other downstream systems. Responsible for accurate accounting, various reporting deliverables, and the performance and monitoring of all ICFR controls related to the Financial Instruments Accounting team and leads the staff in maintaining compliance with the bank's policies and directives.

Essential Functions

1. Responsible for accurate, complete, and timely accounting of trade processing for all transactions in the investment, funding, and derivative portfolios. Ensuring the integrity of transaction between the trading platform and accounting platform, with oversight of sub ledger to general ledger for all accrual/cash clearing and income/expense related accounts. . 2. Reviews monthly System-to-System account reconciliations for all accrual/cash clearing and related income/expense accounts. . 3. Responsible for counter party exposure limits, credit ratings and related data for customer derivative trades being accurately updated. 4. Works closely with Manager of Financial Operations and the Senior Manager of Financial Instruments to understand new types of investment, funding, and derivative products to ensure they are accurately accounted for and all corresponding reporting and data is accurately updated. 5. Prepares and/or reviews reports for various internal stakeholders and external stakeholders of the bank. 6. Leads all accounting impacting items for the integrated treasury management system implementations, with specific focus on design configuration, process development, test case preparation, user testing, data validation and implementation. 7. Identifies gaps in technology and business processes and develops process change and business requirements to support system upgrades and process enhancements. 8. Provides training and team leadership. Leads by example, provides coaching and mentoring.

Education

• Bachelor's Degree required

Work Experience

5 years of relevant and progressive accounting experience. required

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $95,657 - $133,011. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.