What are the responsibilities and job description for the Financial Reporting Associate position at Camden National Bank?
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If you’re looking to build your career at a forward-thinking organization with deep community roots and a vision for growth, success, and giving back, you’ve come to the right place.
Get to know us:
- We’re your local community bank—and have been since 1875—that is committed to providing excellent customer service and giving back to our communities.
- We foster a collaborative, inclusive work environment as part of a close-knit team where your voice is valued and heard.
- Our highly engaged employees are rewarded for their performance and have ample opportunities for cross-training and advancement within the organization.
- We’ve been named one of the best places to work in Maine, and offer robust benefits focused on your holistic well-being.
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Position Summary:
The Financial Reporting Associate works closely on financial reporting preparation and filing for the Company’s financial statements, including its public company financial statements and other forms filed with the Securities and Exchange Commission (“SEC”), its 401(k) financial statements, and other statutory financial statements. Reporting to the Financial Reporting Officer, the Financial Reporting Associate supports the Company’s accounting, compliance and reporting for income taxes, and is responsible for certain other duties such as the administration of the Company’s common stock and investor relations.
Essential Duties and Responsibilities:
- Draft and support the preparation of the quarterly and annual financial statements and various disclosures, including preparing supporting detailed schedules for disclosed financial and non-financial data
- Responsible for the preparation of financial tables within the quarterly earnings release filed with the SEC
- XBRL tagging of the Company’s various SEC filings
- Prepare other SEC forms to be filed with the SEC, including 8-Ks, Forms 3, 4 and 5, and other documents, and coordinate with Nasdaq and Newswire for public announcements
- Support quarterly and annual income tax functions, including preparing the Company’s quarterly estimated tax calculations, assist with the preparation of quarterly income tax accounting work papers and with the coordination of income tax return preparation with external preparers
- Prepare other required statutory filings, including state-level annual reports, annual 401k financial statement, and HUD financial statements and reporting
- Responsible for monitoring and coordinating with the Company’s transfer agent all share administration, including completion of reconciliations, tracking of Section 16 officer shares, and other shareholder relations matters
- Coordinate various requests from third parties, including internal and external auditors, regulators and external tax preparers
- Provide support to other areas of Finance/Accounting through performance of routine accounting functions as needed
- Capable of independent work
Basic Qualifications:
- Bachelor’s Degree in Business Administration, Accounting, Finance or related field
- 2-5 years of experience in accounting, financial reporting and/or other related experience
- Proficient with Microsoft products, including Word, Excel and PowerPoint
- Proficient and comfortable with use of software and applications
Preferred Qualifications:
- Prior experience in public company financial reporting
- Prior experience with accounting for income taxes (ASC 740)
- Prior experience within the banking or the financial services industry
Skills and Abilities:
- Strong attention to detail and analytical skills
- Is a self-starter with a project-oriented mindset to meet longer timelines that can span over weeks and months
- Ability to be flexible and adaptable in order to ensure tasks are prioritized effectively and delivered on time
- Team-player mindset that is willing to support other areas within Finance/Accounting or other business lines as needed
- Able and willing to work extended hours, including weekends and holidays, when necessary, to meet internal and external deadlines
- Strong written and verbal communication skills
- Strong interpersonal skills to allow for effective communication and collaboration
Supervisory Skills:
- This role has no direct supervisory responsibilities, however, as needed will review work of staff team members, providing positive and constructive feedback.
- Role requires individual to work directly with peers and management across the organization to resolve questions and to provide feedback on matters as they arise.
The statements contained herein reflect general details as necessary to describe the principle functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or to equalize peak work periods to balance workloads.
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Our comprehensive total rewards package offers something for everyone!
- Robust medical, dental, and vision insurance packages
- Generous time off, including paid federal holidays and paid day off for your birthday
- 401(k) retirement savings plan
- Tuition reimbursement, professional development, and career growth opportunities
- Employee assistance program
- Comprehensive wellness program
Pursue a career at Camden National Bank and apply today. We can't wait to hear from you!
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We are guided and inspired by our Core Values:
- Honest and Integrity above all else
- Trust built on fairness
- Service that creates remarkable experiences
- Responsibility to use our resources for the greater good
- Excellence through hard work and lifelong learning
- Diversity realized through inclusion and respect
Equal Opportunity Employer
Employment with Camden National is on an at-will basis, meaning employment is not guaranteed for any specific period of time, and any employment relationship established may be terminated by either party at any time, for any reason, with or without notice. Completion of an employment application is not a contract, express or implied, guaranteeing employment. Camden National Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status.
Learn more about why employees love working at Camden National Bank!
