What are the responsibilities and job description for the Accounting Associate position at Federal Home Loan Bank of New York?
This position is responsible for supporting the Bank's external and internal reporting function. The position is responsible for performing General ledger and sub-ledger proofs and reconcilements, as well as the preparation of journal entries. The individual will work on various projects and support the financial accounting team as needed.
Essential Job Functions :
- Contribute and assume responsibility for the preparation / review of sections of the periodic SEC filings (10-Qs, 10-Ks, etc.) including the preparation of detailed supporting work papers.
- Produce financial statements and support for Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) in the 10-Q / K. Responsible for inputs into the monthly Cash Flow Statement.
- Coordinate with various SMEs to provide information required for disclosures.
- Support the development and implementation of policies and procedures relating to SEC reporting and internal controls over financial reporting.
- Understand new accounting pronouncements and implement operationally.
- Own the booking of monthly post-retirement journal entries and disclosures. Liaise with the bank's benefits team.
Other External Reporting
Internal Reporting
Compliance
Other Duties :
Skills and Experience :
Minimum three years accounting experience, preferably with a mix of public and private experience in banking or financial services with an emphasis in Financial
Reporting.
Strong Spreadsheet skills, ability to review U.S. GAAP financial statements; ability to research, understand and translate GAAP pronouncements into the preparation of journal entries. Strong skills in preparing complex data analysis and complex reconciliations.
The individual must have strong organizational, analytical, critical thinking and problem-solving skills; must be able to balance multiple tasks and priorities and have outstanding work ethic and sense of urgency; must be a self-starter and learn / work independently.
Education : Bachelor's degree in accounting and CPA is preferred but not required.
Salary Range : $85,000 to $105,000
Skills :
Salary : $85,000 - $105,000
