Senior Manager, District Financial Reporting

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.
• 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 $10K
• 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 respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Directs the activities and staff of a financial reporting group to ensure timely and accurate financial and regulatory reporting and analysis for the CoBank District. The CoBank District consists of Farm Credit associations and one funding bank (CoBank). Works with various groups and associations to obtain data required for financial reporting, to combine such data and to meet relevant reporting deadlines.

Essential Functions

1. Leads the preparation of quarterly CoBank District financial reports for presentation to shareholders and the Federal Farm Credit Funding Corporation (Funding Corp). This effort involves combining financial data from affiliated entities into a combined set of financial reports and supplemental data. Reporting must meet Farm Credit guidelines and comply with Generally Accepted Accounting Principles (GAAP). Reviews all final reports for accuracy prior to submission. 2. Manages the maintenance of certain Sarbanes-Oxley internal control documentation, testing and systems related to financial reporting process. 3. Provides assistance to other bank accounting areas as needed, including pension accounting and the coordination of certain accruals and estimates among District entities. 4. Maintains relationship with CoBank’s business units, the associations and Funding Corp staff to develop thorough understanding of events and issues impacting the CoBank District and Farm Credit System (the System) financial reporting. Drafts analysis for Funding Corp quarterly variance report, and provides other District required information to the Funding Corp to support the System level disclosures. 5. Supports annual independent external audit. Interfaces with external audit and accounting professionals regarding the District combination, including elimination and combining activities. 6. Manages the collection and consolidation of the District Summary of Deficiencies report, and works with the Bank’s internal audit group as well as the Funding Corporation to support the System ICFR assessment. 7. Selects, trains and supervises a staff of accountants. Sets performance standards, manages workflow, grants authorities, evaluates performance, and recommends personnel actions within delegated authorities. Consults with Human Resources as appropriate.

Education

• Bachelor's degree in accounting, finance, or relevant discipline

Work Experience

• 8 years relevant finance experience, preferably in financial services or a related industry required
• 1 year year of management/supervisory experience required
• Experience with both public accounting firms and industries preferred
• Knowledge of financial institution regulatory reporting (e.g. Call report, capital ratios) preferred

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 $131,00 - $161,300. 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.