Accounting Policy Analyst

Posted 9 Hours Ago
Be an Early Applicant
Pittsburgh, PA
3-5 Years Experience
Financial Services
The Role
The Accounting Policy Analyst supports the Finance department by ensuring compliance with GAAP, overseeing internal controls related to financial reporting, and assisting with SEC reporting processes. Responsibilities include preparing accounting journal entries, maintaining the Bank Accounting Policy Manual, and analyzing emerging accounting issues.
Summary Generated by Built In

Position Summary

The Accounting Policy Analyst is a position designed for development and exposure to a variety of roles within the Finance department. The position will be housed within the Accounting Policy, SOX, and Data Management team, but will also gain exposure and work with other areas of the department, such as SEC Reporting and Accounting Operations.

The focus of the position will include:

  • Accounting Policy; assisting with the Bank’s compliance with Generally Accepted Accounting Principles (GAAP) by assisting with establishing accounting policies and transaction interpretations.

  • Accounting Policy; preparation of certain technical accounting journal entries and monthly account reconciliations, including related reporting in our SEC filings, such as the Allowance for Credit Losses.

  • SOX; assisting with testing internal controls over financial reporting (ICFR)

  • Data Management; assisting with the Finance department’s compliance with risk management requirements and best practices over data governance

Primary Success Factors

Accounting Policy:

  • Assist with maintaining a current Bank Accounting Policy Manual, including researching, interpreting, and application of new GAAP and/or other rules.

  • Assist with researching accounting literature for application to new products, transactions, and/or accounting issues.

  • Drafts accounting memoranda for new accounting pronouncements and business transactions and their impact to the Bank.

  • Provide technical and other support on accounting and reporting related matters. 

  • Independently express opinions and provide updates on emerging accounting issues for discussion with the Chief Accounting Officer.

  • Assist with preparing complex portions of the financial statement footnotes and MD&A that are included in the Bank’s SEC filings; understanding and interpreting SEC reporting rules and regulations.

SOX:

  • Assist with the execution of the tests of key controls.

  • Provide support in the development and maintenance of SOX internal control documentation.

Data Management:

  • Assist with the development of a Finance department data management program and compliance with risk management requirements by establishing frameworks and policies.

SEC Reporting

  • Assist with the preparation of various aspects of the SEC reporting process, including review of the Financial Statement Disclosure Checklist.

  • Work with the Workiva Wdesk platform, our SEC reporting tool.

Required Experience

  • Bachelor’s degree in accounting or related field

  • Minimum of 3 years of experience in public accounting, and/or corporate accounting, and/or Internal Audit required

  • CPA preferred

  • Ability to research and evaluate accounting policies and transactions; working knowledge of GAAP

  • Knowledge of SEC reporting requirements, including provisions of Sarbanes-Oxley Act

  • Financial reporting skills, including working knowledge of financial statements and reporting requirements

  • Excellent written/verbal communication skills

  • Demonstrated analytical skills

  • Ability to analyze and interpret data flow

  • Strong project management skills with the capability to prioritize multiple demands

  • Financial services industry knowledge preferred

It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran's status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

The Company
HQ: Pittsburgh, PA
231 Employees
On-site Workplace
Year Founded: 1932

What We Do

FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia. FHLBank products and resources help support community lending, housing and economic development. As one of 11 Federal Home Loan Banks established by Congress, FHLBank has been an integral and reliable part of the financial system since 1932. Learn more by visiting www.fhlb-pgh.com.

Interested in working at FHLBank Pittsburgh?

Whether you’re a recent grad, seasoned professional or just planning your next career move, the Bank may be your gateway to professional challenge, advancement and success. We differentiate ourselves through our talent in the areas of information technology, capital markets, sales and marketing, risk, finance, internal audit, and operations and support. Check out all of our current employment opportunities at www.fhlb-pgh.com.

Although our asset size is large, we enjoy a small-company atmosphere. We also offer competitive salaries, incentive opportunities, benefits, and a reward and recognition program, and are committed to creating a diverse workforce. A major city with small-town appeal, Pittsburgh is consistently ranked as one of America’s most livable cities.

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