JOB DESCRIPTION
Who we are:
Farm Credit Bank of Texas is a $38.2 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation's capital markets.
While you may not be familiar with our name, Farm Credit Bank of Texas plays a critical role in supporting the businesses that make it possible for America to maintain access to an affordable and safe food supply, an industry which is one of the most innovative and evolving of our time. And while you help us deliver on our mission, we deliver on our commitment to you as a valued employee by providing competitive compensation, generous health and wellness benefits packages and an attractive hybrid workplace located along the bluffs of the Colorado River just minutes west of downtown Austin.
We seek out top talent in their fields, whether it be technology, finance, accounting, credit, human resources, or other administrative functions, and welcome you to join us in our mission to feed the world.
Position Description:
We are searching for a Sr. Accountant to be a part of our Accounting Operations team. The Senior Accountant - Accounting Operations responsibilities focus on general accounting tasks, including monthly general ledger entry preparation, review and reconciliation. Assists with various monthly, quarterly, and annual close process tasks and reporting. Oversees cost-billing activity between the Bank and Associations. Provides documentation and assistance to internal and external auditors as needed. Other tasks as assigned or requested.
Day-to Day-Duties and Responsibilities:
- Prepares journal entries for selected activity for the Bank, including ensuring accuracy, appropriate application of GAAP, and that proper documentation is included.
- Extended involvement with monthly and quarterly close processes, including general ledger and subledger analysis, journal entries, reconciliation, Flux Analysis compilation and answering Flux variances on selected accounts.
- Prepares monthly balance sheet reconciliations to ensure accuracy and completeness of financial data, for selected accounts.
- Oversees equipment cost billing process for the Bank and Associations, including monthly reconciliation of the inventory holding account and research of aged balances with IT Hardware team.
- Responsible for various quarterly reporting deliverables, including Investment and Debt roll forward, Government Guaranteed Loan Supplemental Addendum, and Leases footnote support.
- Assists with the daily/monthly manual journal entry process from other departments. Serves as backup for Prepaid expenses and the fixed assets activity for the Bank, including entry of purchases to the Asset Management module of SmartStream, validating GL entries, reconciling fixed assets to the GL on a monthly basis, and preparation of quarterly and annual fixed assets reports.
- Collaborate with internal departments to facilitate journal entries, reconciliations and flux analysis. This includes providing accounting detail and information to internal and external auditors.
- Ensures adequate documentation and controls are in place to meet the Bank's Sarbanes-Oxley objectives. Perform monthly and quarterly control requirements as required by the Bank and SOX Compliance.
- Prepares the Farm Credit System Insurance Corporation monthly analysis and journal entries for the Bank and Associations.
- Performs other project work as directed by management.
- Identifies opportunities for process improvement and assist in implementing changes to increase efficiency and accuracy to financial operations.
What You Bring to the Team: Our ideal candidate lives within a commutable distance from our office in Austin, Texas.
It is an important role that covers many skills. This position requires:
A bachelor's degree in accounting, finance or business administration with four (4) or more years related business experience. A CPA certification is strongly preferred but not required.
Must possess interpersonal relationship skills and excellent written and oral communication skills. Demonstrated problem-solving and organizational skills are essential. Overall knowledge of accounting as it relates to the general ledger and reconciliation function is required. Prefer experience in a SOX environment with an understanding of narratives and key controls. Extensive knowledge of the Excel and Word processing applications are required, including knowledge of pivot tables.
Our benefits: In addition to a competitive salary, we offer comprehensive, affordable, and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life balance:
- Flexible and affordable 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 (up to 4%) plus an additional employer contribution (up to 5%), both of which vest on the first day of employment
- Employer paid long-term disability and life insurance
- Generous vacation leave, sick leave, and up to eleven paid holidays
- Paid parental leave program of up to six weeks
- 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
- Modern hybrid work schedule combining in office and remote work locations.
Our culture: In a world filled with unpredictable challenges, we invest in our people and ensure they have dependable careers with ample growth opportunities. As part of the larger Farm Credit System, we focus on building our culture around personal relationships and the ability to be connected to leadership through in-person conversations, regular town halls and employee engagement events. We are deeply committed to attracting and fostering a diverse workforce, development and career advancement and recognizing the hard work of individuals who contribute to our success.
Important note: We care about your hiring process and take it seriously. A real person will review your applications, meaning 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. We cannot personally follow-up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit.
A/EOE/M/F/D/V
#LI-Hybrid