Financial Reporting Analyst II

Company: Disability Solutions
Location: Des Moines
Posted on: February 1, 2025

Job Description:

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.Prepare internal management and Board committee reporting, perform financial statement analysis, including profitability analysis on the Bank's product lines, and assist with Bank and department projects as needed. This position also supports the external reporting function with quarterly and annual SEC reporting processes, as well as the filing of Form 8-Ks.Accountabilities:Responsibilities/Duties/Function/Tasks:

• Prepare monthly internal management and Board committee reporting
• Prepare monthly financial statement analyses to identify notable drivers and trends
• Prepare monthly product profitability analyses and investigate changes in profitability on applicable product lines
• Prepare monthly peer analysis on other FHLBanks
• Prepare ad-hoc internal reporting deliverables, as requested by management
• Assist with the preparation of the Bank's quarterly, annual, and Form 8-K SEC filings in accordance with GAAP, SEC, and regulatory requirements
• Provide additional support to the external reporting function, as requested
• Adhere to compliance with departmental regulatory guidance and internal controls, including SOX 404 controls
• Assist with the preparation and submission of financial information to the Office of Finance and the Finance Agency
• Prepare analysis and recommendations for member dividends
• Contribute to the development of automated solutions to improve effectiveness of processes, reduce risk, and promote efficiencies
• Execute project responsibilities in accordance with Bank policies and project expectations
• Perform cross functional duties to support team processes
• Assist with the development of materials for division meetings
• Other duties and projects as assignedQualifications:
  • Bachelor's degree in accounting
  • 2-4 years of related experience; exposure/experience with financial reporting preferred
  • Strong interpersonal, analytical and communication skills, both verbal and written
  • Strong personal computer skills including Excel, SQL, PowerPoint, and Word
  • Experience with Workiva (Wdesk) application preferredCompensation Range:Annual Salary: $68,536.00 - $76,599.00This salary range represents the Bank's good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant's education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank's annual incentive plan. As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule of 3 days per week in office, 2 days per week work-from-home. We match 100% of the first 6% you contribute to your 401(k), and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found .At FHLB Des Moines, we celebrate diversity, work to create an inclusive culture and champion equity in all of our policies and practices. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.

Keywords: Disability Solutions, Des Moines , Financial Reporting Analyst II, Professions , Des Moines, Iowa