Purpose: The SEC Reporting Analyst is responsible for the preparation of financial schedules and disclosures that support the Company’s external financial reporting requirements, primarily of the Securities & Exchange Commission (SEC). This position is also responsible for research of applicable accounting and reporting disclosures requirements to adhere to appropriate accounting policies, procedures and disclosures in accordance with Generally Accepted Accounting Principles (GAAP). The position also performs operational support duties within the Accounting and Finance Departments.
Essential Functions:
• Prepare annual, quarterly, and other reports filed with the SEC including: 10-Q/K, Schedule 14A “Proxy”, 11-K, Section 16 Forms (Forms 3, 4 & 5) and 8-Ks (as needed), along with earnings release and investor presentations for Financial Institutions, Inc. (NYSE: FISI).
• Prepare annual audited financial statements and quarterly reviewed financial statements, ensuring compliance with SEC reporting requirements and GAAP, including preparation of disclosure checklists.
• Prepare and review detailed documentation and workpapers to support financial statement and SEC required disclosures, as well as performing tie outs of all internal support and external reports.
• Research accounting and reporting requirements to ensure compliance with accounting policies, procedures and disclosures in accordance with US GAAP. Track, read and interpret accounting and SEC updates to ensure timely and accurate implementation.
• Plan and maintain detailed support request timeline for our financial statements and external filings.
• Maintain the system of internal controls established via accounting policies and procedures.
• Collaborate with accounting, legal, financial planning and analysis, treasury, human resources and external relations departments and other personnel as needed in completing reporting disclosures, accounting research, and other tasks.
• Maintain stock-based compensation plan accounting records including grants, exercises, vesting, forfeitures and expirations using appropriate third-party software. Prepare monthly general ledger entries to record expense and assist with the annual budget process.
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.
Job Related Qualifications:
Required:
• Education: Bachelor’s Degree in Accounting, Finance or Business-related field required; Master’s Degree in Accounting, Finance or Business-related field preferred
• Prior Experience: 3+ Years Public Accounting, Auditing, Accounting or Finance experience in a Banking; Experience with SEC public company preferred
• Licenses or Accreditation: Certified Public Accountant
Competencies:
• Possess knowledge and understanding of financial, regulatory and audit key concepts/standards (GAAP and SEC reporting requirements and financial statements), including areas such as loans, derivatives, revenue recognition, goodwill and fair value.
• Excellent attention to detail with a commitment to maintain a high level of accuracy and completeness in every part of your work.
• Ability to function well in a high-paced, time-sensitive environment with the ability to manage multiple priorities and meet established deadlines.
• Strong verbal and written communication skills with the ability to interact positively and professionally with all levels of staff, management and external parties.
• Understanding of internal control, audit methods, core business procedures, risks and related exposure.
• Ability to maintain large amounts of data using appropriate technology, ensuring the accuracy and completeness of information, calculations and outputs.
• Strong analytical and problem-solving skills with the ability to interpret data and present it in a meaningful and easily understood form.
• Proficient in Microsoft Office with the ability to learn and utilize new existing banking, accounting and reporting software applications and XBRL.
Physical Requirements:
• Able to regularly sit for prolonged periods of time.
• Able to travel:
a. occasionally
• Extensive computer usage is required.
• Ability to work:
a. Evenings
i. Occasionally
b. Weekends
i. Occasionally
Benefits:
• Medical, Dental, and Vision Insurance
• Health Savings Account
• Flexible Spending Account(s)
• Company Paid Life Insurance, Long Term Disability, and Short Term Disability
• Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident
• Tuition Reimbursement
• Employee Referral Program
• Wellness Reimbursement Program
• Star Volunteer Program
• Employee Banking and Financial Perks
• Paid Time Off (PTO)
• Company Paid Holidays
This job description is not exhaustive. The Sec Reporting Analyst may be required to perform other duties as assigned.
The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.