What are the responsibilities and job description for the Senior Financial Reporting Accountant position at Oklahoma AgCredit?
Oklahoma AgCredit provides loans, leases and financial services to farmers, ranchers and rural businesses and homeowners in 60 of 77 counties in Oklahoma.
We are part of the Farm Credit System that supports rural communities and agriculture with reliable and consistent credit.
Oklahoma AgCredit offers a competitive compensation and benefits package, including:
Position Responsibilities:
Financial Reporting
Oklahoma AgCredit is an Equal Opportunity Employer dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability, genetic information or protected veteran status.
We are part of the Farm Credit System that supports rural communities and agriculture with reliable and consistent credit.
Oklahoma AgCredit offers a competitive compensation and benefits package, including:
- 401(k) Match 9% Maximum
- Paid Vacation (15 days), Sick Leave (15 days) and Holidays (11 days)
- Medical, Dental, Vision Insurance
- Flexible Spending and Health Savings Accounts
- Varied On and Off-the Job Learning Opportunities
- Customer-Centric Environment
- Opportunity to Give Back to Agriculture
Position Responsibilities:
Financial Reporting
- Assists the Controller in the preparation or review of financial reports in compliance with GAAP, regulations, and organizational policies and procedures, including:
- Quarterly and Annual Shareholders’ report
- Quarterly FCA call report.
- Quarterly Variance analysis, submitted to the Association’s funding bank.
- Other reports as requested by management, the Board, or other stakeholders.
- Research, resolves, and documents technical accounting issues as they arise, providing the Controller with sound recommendations as to the proper treatment of unusual or complex transactions.
- Designs, implements, and maintains effective internal controls over financial reporting, including key reports and spreadsheets for the Association.
- Assists in the fulfillment of the external and other audits by fulfilling auditor requests.
- Assists the Controller and CFO in responding to internal audit results remediation efforts.
- Writes and maintains policies and procedures for areas of expertise.
- Assists in the maintenance and review of the Association’s model for Current Expected Credit Losses (CECL) and in the preparation or review of the Association’s allowance for credit losses.
- Monitors and accounts for fixed asset activity, including acquisitions, disposals, construction projects, depreciation, inventory, an impairment.
- Assists in the preparation or review of journal entries for other Association transactions and accruals.
- Assists the Controller and CFO with preparation of materials for meetings of the Association’s Asset Liability Committee (ALCO)
- Prepares profitability analyses at the transaction, portfolio, business unit, and Association level.
- Assists the Controller and Financial Analyst in the preparation or review of the monthly financial forecast and annual budget and business plan.
- Creates custom financial analyses upon request.
- Performs user acceptance testing in areas of expertise, when necessary
- Utilizes existing and new technologies to effectively and efficiently achieve business objectives.
- Bachelor’s degree in accounting, finance, business, or related field
- 2 – 3 years of experience in accounting, audit, or financial reporting experience, including responsibility for financial reporting and internal controls
- Public accounting experience in audit is highly preferred.
- Experience with financial lending institutions is a plus.
- CPA required.
- Expert Knowledge of Generally Accepted Accounting Principles (GAAP) & COSO framework
- Skill in working as part of a team and collaborating with colleagues.
- Excellent research and writing skills.
- Working knowledge of budgeting processes and financial projections
- Skill in analyzing financial information to formulate logical and objective conclusions.
- Expert knowledge of internal controls and developing efficient, risk-based business processes
- Expert knowledge of Excel or PowerBi and proficiency in Windows (Word, PowerPoint, Outlook)
- High aptitude for learning and implementing new technologies.
- Strong sense of professional commitment and independence, evidenced by ethical integrity, an inquiring mind, and a willingness and ability to work longer hours on a seasonal basis.
- Strong drive and the ability to deliver results under pressure, prioritizing multiple projects and deliverables based on their inherent risk and reward.
Oklahoma AgCredit is an Equal Opportunity Employer dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability, genetic information or protected veteran status.
Important note: We care about your hiring process and take it seriously. A real person will review your application, meaning response timelines may vary. The interviewing process at Oklahoma AgCredit may include emails, texts, phone calls, and on-site interviews. We cannot personally follow-up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit.
