What are the responsibilities and job description for the Financial Reporting Analyst position at Provident Bank?
How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees’ experience.
Position Overview
Assist in the preparation and compilation of the Company’s internal financial reports submitted to Executive Management and the Board of Directors and all public reports, including Forms 10-Q and 10-K in compliance with GAAP and SEC reporting regulations. Assist in maintaining, and supporting the Company’s financial reporting systems. Contribute to the analysis of annual and quarterly budget and forecasting submissions and reports along with collaborating with teams around the bank during profitability discussions.
Key Responsibilities
Work is typically performed in an office environment. Noise levels are usually moderate.
HAZARDS
Mainly those present in a normal office setting.
This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Position Overview
Assist in the preparation and compilation of the Company’s internal financial reports submitted to Executive Management and the Board of Directors and all public reports, including Forms 10-Q and 10-K in compliance with GAAP and SEC reporting regulations. Assist in maintaining, and supporting the Company’s financial reporting systems. Contribute to the analysis of annual and quarterly budget and forecasting submissions and reports along with collaborating with teams around the bank during profitability discussions.
Key Responsibilities
- Work closely with the Financial Reporting team to monitor the quarter and year-end closing process, to assist in facilitating the preparation of all SEC filings including reports on Form 10-K, 10-Q, and 8-K, as required by compiling financial data and supporting schedules in support of required financial statement disclosures. This includes collaborating with the various segments of the Company, including Credit Administration, Loan Servicing, Treasury, Legal, Compliance, Internal Audit, Risk Management, etc.
- Assist in the preparation of a draft of Company’s quarterly Earnings Release and monitor and control review comments from management, outside legal advisors and the Company’s public accountants.
- Collaborate with the FP&A team to gather information to prepare the bank’s annual budget and contribute to the analysis of budget vs actual results including variance explanations per discussions with stakeholders.
- Contribute to quarterly business unit review meetings and be able to discuss trends, yields and general analysis of financial results in settings with the different production areas around the bank.
- Prepare monthly internal financial reports and conduct variance analysis which includes but is not limited to changes in net interest income, net interest margin, non-interest income and non-interest expense.
- Represent the accounting department in special projects and other duties, including supporting the Company’s suite of financial systems and assisting in reconciliations, as needed.
- Knowledge of Accounting, GAAP, and SEC Reporting.
- Knowledge of Workiva preferred, but not required.
- Proficient with MS Office including Excel, Word, and PowerPoint.
- Ability to work effectively independently and as part of a team.
- Detail-oriented and accurate.
- Strong interpersonal and written communication skills
- Bachelor’s Degree in Accounting or Finance. Master’s Degree a plus.
- 2 or more years prior professional experience in accounting/finance
Work is typically performed in an office environment. Noise levels are usually moderate.
HAZARDS
Mainly those present in a normal office setting.
This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
