Who we are:

We are a $31.9 billion wholesale bank that’s been financing agriculture and rural America for nearly 100 years.  Headquartered in Austin, Texas, we provide funding and services to rural lending cooperatives in five states and we’re active in the nation’s capital markets.  Join the Farm Credit Bank of Texas team and help us grow to meet the ever-changing credit needs of food and fiber producers, the agribusiness sector, and rural Americans. If you’re looking for a rewarding career with one of the nation’s most respected financial institutions – Farm Credit Bank of Texas (FCBT) may be a great fit for you.

While this position may accommodate remote work during the current COVID-19 situation, our employees will return to the office at the thoughtful discretion of the bank’s leadership team. Only candidates willing and able to work onsite at our Austin, TX office should consider this opportunity.

Position Description:

The Sr. Accountant for Financial Reporting is responsible for compiling, reviewing, analyzing, and preparing various financial information on a monthly, quarterly, annual and as-needed basis, for the Board of Directors, the Bank management team, Farm Credit Administration (FCA), Farm Credit Funding Corporation (Funding Corporation) and stockholders, under the direction of the Manager of Financial Reporting.  This position also requires adherence to Sarbanes Oxley (SOX) policies, which includes maintaining current SOX controls as they are outlined and assisting with the bank’s administration of SOX reviews, policy changes, and documentation.

Day to Day Duties and Responsibilities:

1. Responsible for preparing the Bank’s shareholder reports and the District’s financial reports.
2. Responsible for preparing and keeping the numerous reports as well as all of the components that make up the various performance measurements.  Prepare and compile the detailed source documents used in the preparation and review process for bank reports to ensure adequate documentation is in place to meet the Bank’s SOX objectives.
3. On a monthly basis, prepare statistical information and various reports presented in the Bank’s board report, from data which the other Financial Reporting personnel have complied and analyzed.  The statistical information referred to includes but is not limited to the permanent capital calculation for the Bank and performance ratios.
4. On a monthly basis, if necessary, prepare the Board Report financial statements and the Financial Highlights pages for the Bank’s board report.  This includes the Flash Report balance sheet and income statement as well as other Board Report financial statements.
5. On a monthly basis, prepare and oversee the submission of the Collateral Analysis and Standardized Collateral Position Report.  These reports are requirement of the Funding Corporation. 
6. Prepare and file, if necessary, the quarterly bank Call Report (including the reconcilement of the Call Report to other related reporting and data regarding government-guaranteed loans) submitted to the FCA.  The preparation of the Call Report includes requesting, compiling, and analyzing information prepared by other departments, and preparing various Call Report Schedules. 
7. Coordinate, if necessary, automated quarterly and annual report for the associations including CALL Report and stockholder report.
8. On an annual basis, review, if necessary, information for reporting requested from the Office of Management and Budget of the US Government (OMB), including primarily financial statement data from the Call Report for the fiscal year ended September 30 of each year.
9. Oversee, if necessary, the maintenance and functioning of the Bank’s automated Corporate Reporting Module (CRM) used in the preparation of the quarterly Call Report submitted to the FCA.
10. Assist in the preparation and/or review, if necessary, of various schedules used in the quarterly and annual district MASK Report for the Funding Corporation. 
11. Prepare the Bank’s CIPA (Contractual Interbank Performance Agreement) on a quarterly basis to be used in the quarterly and annual Audit Committee presentations.
12. Act as the Cardinal liaison, if necessary, for Financial Reporting by working with the Loan and Association Accounting group to resolve Cardinal reporting issues.  This includes monthly verification of selected Cardinal reports as an integral part of the closing process.
13. Complete the quarterly financial statements and annual reports for the Tenth District Farm Credit Council, Inc., and also prepare the annual tax return (Form 990).
14. Review, if necessary, RBIC (Rural Business Investment Company) funds capital calls, as they occur, and ensure reporting of the funding is reconciled and updated on a monthly and quarterly basis.
15. Assist, if necessary, in the calculation of stock issuance and retirement of Capitalized Participation Pool (CPP) and Noncapitalized Participation Pool (NCPP) purchases, including the preparation of the journal entry related to the stock issuance and retirement.
16. Review calculations and data required for the Bank’s patronage payments to associations and OFIs, including Bank investment patronage and the Bank direct note patronage.
17. Review calculations and reports required for the annual stock equalization, calculating the investment in the Bank required of associations and OFIs.
18. Review, if necessary, other specialized reports for other departments of the Bank, including but not limited to reports for the Credit and Capital Markets departments and the YBS (young, beginning and small farmers) reporting. 
19. Execute internal controls in connection with the performance of assigned tasks to comply with the bank’s SOX objectives.
20. Act as a backup for the other Senior Accountant in the Financial Reporting Department.
21. Train other staff members in the department to prepare reports and schedules which fall under Financial Reporting’s responsibility.
22. Maintains procedural documentation on activities assigned, including process functionality within financial system as applicable.  Research and apply accounting concepts and theories to current bank and district issues.  Implement changes to reports prepared, according to revisions in accounting standards as promulgated by accounting authorities, and reporting and regulatory changes as dictated by the FCA. Prepare special reports as may be assigned by the Manager of Financial Reporting or the Assistant Controller, including presentations to the Bank’s audit committee and rating agencies. Keep the Manager of Financial Reporting fully informed of all pertinent matters regarding the preparation and production of financial statements and analyses.

What You Bring to the Team:

This position requires a bachelor’s degree in accounting, finance or business administration with four (4) ore more years related business experience.  A CPA certification is preferred but not required.  Prior work experience shall include consolidation, presentation and analysis of consolidated financial statements, knowledge of generally accepted accounting principles (GAAP) and how to apply them to the Bank’s accounting issues, understanding of Sarbanes-Oxley (SOX), problem solving skills to identify problems and implement solutions, operation of PC spreadsheet, database and word processing software and development of financial policies and procedures.

Position requires skills in or knowledge of accounting principles, SOX, financial analysis, consolidated financial statement presentation, cost accounting, process and efficiency improvement, organization, interpersonal relations, and time management.  Analytical skills, as well as the ability to perform in a detailed manner, are required to analyze and communicate data effectively, resolve problems, and research and apply regulatory and accounting standards.  Incumbent must have personal computer skills in spreadsheet, database, and word processing software. Good oral and written communication skills are required.

Why Farm Credit Bank of Texas:

Benefits are an integral part the Farm Credit Bank of Texas total compensation package. We offer comprehensive, affordable and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life balance.

• Flexible health and wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more…
• 401(k) plan that includes an employer match and additional employer contribution
• Long-term disability and life insurance
• Vacation leave, sick leave and paid holidays
• Option to use sick leave to take your pet to the vet for emergency services
• Up to five days per year to volunteer in local community organizations, services or events
• Ongoing professional development opportunities
• Generous tuition reimbursement program
• Physical fitness incentive plan
• Employer matching gifts program

Important note: We care about your hiring process and take it seriously. There is a real person behind the screen and response timelines may vary. The interviewing process at Farm Credit Bank of Texas may include phone calls and emails, on-site interviews, and requests for portfolios or demonstrations of work. Unfortunately, we are unable to personally follow-up with each and every applicant, but we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit. Please be assured, we will contact you if that is the case!
 
AA/EOE/M/F/D/V