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Financial Reporting Associate
Financial Reporting AssociateHills Bank • Hills, IA, US
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Financial Reporting Associate

Financial Reporting Associate

Hills Bank • Hills, IA, US
1 day ago
Job type
  • Full-time
Job description

Job Description

Job Description

SCHEDULE : Full-time ; Monday through Friday, Saturday as needed. Average 40 hours / week

LOCATION : 131 E Main St, Hills, Iowa 52235

BENEFITS : Our employees are our most valuable assets, so we invest in them with a comprehensive and competitive benefits package. Our philosophy of taking care of the customer extends to taking care of our employees so that they, in turn, can take good care of themselves and their families. Join Hills Bank and let us surprise you with even more perks!

SCOPE :

The Financial Reporting Associate will be responsible for assisting in the preparation of internal and external financial reporting as well as assisting with the financial accounting for Hills Bancorporation and Hills Bank and Trust Company. This person will also serve as a back-up for the accounting department for accounts payable, payroll, and cash management.

ACCOUNTABILITIES : Financial Reporting

  • Assist with preparation of internal management and board level financial reporting monthly, or as needed.
  • Assist with preparation of management and regulatory reports to the Securities and Exchange Commission (SEC) including :

10-K (annually)

  • 10-Q (quarterly for first three quarters of year)
  • 8-K (as needed)
  • Proxy Statement (annually)
  • Specific Call Report schedules (quarterly)
  • Assist with preparation of Shareholder Mailings, including quarterly reports and annual reports.
  • Financial Accounting Duties

    Ensures that the Bank's financial records are maintained in compliance with Bank policies, US GAAP and SEC reporting requirements. The specific areas include, but are not limited to :

  • Preparation of various account reconciliations and supporting documentation, including investments related, leases and brokered deposits.
  • Preparation of problem loan reporting, including troubled debt restructuring and non-accrual listings.
  • Research on new accounting standard updates and other accounting related projects.
  • Provide assistance to Financial Reporting Officer, SVP, Financial Reporting, and CFO as needed.
  • Financial Related Duties :

    Ensure that the following information reporting and control activities are completed in compliance with Bank policies.

  • Preparation of Federal Home Loan Bank collateral reporting, Regulation F and other regulations.
  • Assist with various financial forecasting and scenario analysis.
  • Provide assistance to regulators and external auditors as required.
  • Transactional Accounting :

    Back up person for the following tasks :

  • Input invoices, employee reimbursements & Visa payments into the Accounts Payable software and process payments to vendors in a timely manner in order to avoid late payments and additional fees.
  • Daily review of cash management.
  • Bi-weekly payroll analytical procedures
  • Provide assistance to the accounting department, as needed, in the review of monthly and quarterly reconciliations, and other projects as assigned.
  • Other Duties

  • Special Projects
  • Bank Event and Community Involvement
  • EDUCATION AND SPECIAL REQUIREMENTS :

  • Bachelor's degree (B. A.) in accounting or finance from four-year college or university.
  • Advanced Excel skills including sumifs, vlookups, pivot tables, and the ability to research and build complex formulas and spreadsheets independently.
  • Position requires the ability to work before or after normal business hours, including Saturdays, to meet deadlines and attend various meetings.
  • EQUAL OPPORTUNITY EMPLOYER

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    Associate Financial Reporting • Hills, IA, US

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