What are the responsibilities and job description for the Sr. Financial Reporting Specialist position at First American Financial Corporation?
Who We Are
Join a team that puts its People First! Since 1889, First American (NYSE : FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for nine consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.
What We Do
Maintains integrity of accounting information and reporting in accordance with standards and rules under GAAP, SEC regulations and in compliance with Sarbanes Oxley. Primary role includes preparation of quarterly SEC filings, including financial statements and notes to financial statements, technical accounting guidance and oversight, share-based compensation and employee benefit plans, as well as stand-alone financials. Provides technical accounting oversight including evaluating the impact of changes in accounting guidance on Company's financial statements. Documents accounting policies and procedures and participates in external audits.
Essential Functions
- Performs moderate to complex accounting research and analysis to ensure GAAP compliant financial statements and SEC reports. This includes researching new pronouncements relevant to the Company for reporting. Identifying and assisting in implementation of new accounting guidance.
- Prepares share-based compensation related journal entries and performs monthly and quarterly fluctuation analysis.
- Reconciles share-based compensation g / l accounts to third party provider.
- Performs monthly and quarterly reconciliations and fluctuation analysis of g / l accounts related to employee benefit plans.
- Prepares monthly and quarterly earnings per share calculation including review and analysis of third-party provider statements.
- Interfaces and assists with internal and external audit.
- Prepares supporting schedules, disclosures, and tie out of quarterly SEC filings as necessary.
- Communicates with multiple levels in the organization and escalate issues to appropriate management.
- Assists with drafting annual financial statements and notes for certain stand-alone subsidiaries.
- Prepares technical accounting memos to support various accounting positions and policies.
- Assists with the Company's annual goodwill impairment assessment.
- Assists with ad hoc projects as needed.
Knowledge and Skills / Technology Used
Typical Education
Typical Range of Experience
License or Certification
Job Complexities & Impact
Supervision Received or Extended
The pay range for this role is $ 110,525.00 - $138,175.00
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and / or responsibilities from time to time, as needed.
What We Offer
By choice, we don't simply accept individuality - we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it's the right thing to do, but also because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.
First American will consider for employment all qualified applicants, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws (e.g., the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act).
First American intends to conduct a review of an applicant's criminal history in connection with a conditional offer. First American reasonably believes that a criminal history may have a direct, adverse and negative relationship with the following material job duties for this position potentially resulting in the withdrawal of the conditional offer of employment : handling of confidential, proprietary or trade secret information belonging to First American or its customers, administrating or facilitating financial transactions, and the ability to meet customer-imposed criminal history requirements.
Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO / paid sick leave and other great benefits like an employee stock purchase plan.
Salary : $110,525 - $138,175
