Financial Reporting Analyst

Founded in 1963, FirstBank is Colorado's largest locally owned holding company and we are still growing, serving customers in Colorado and Arizona. Our growth can be attributed to one simple philosophy: do right by customers, communities, and employees, which is at the center of the company’s “banking for good” mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and we take pride in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it. By joining the FirstBank team you will experience our great team culture with ample opportunity for growth. There’s an opportunity for everyone with positions across the company, from Personal Banker and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

The Financial Reporting Analyst (with Accounting focus) will assist in the implementation of Accounting Standard Updates (ASUs) and compilation of audited financial statements. This position reviews, designs, implements, and documents internal controls and complex accounting procedures over the financial reporting function. The Analyst provides technical accounting support to business units and management. The position performs accounting assignments independently, often involving complex business transactions and large amounts of financial data. The Financial Reporting Analyst (with Finance focus) will provide technical support and solution for the implementation of ASUs and process automation for complex accounting processes. The Analyst conducts financial analysis on key performance indicators and make recommendations to management. Data analytics and financial modeling are other major responsibilities for this role.

What you will do

• Assess the impact of Financial Accounting Standards Board (FASB) pronouncements to Company’s financial statements, develop implementation plan and work closely with applicable business units to implement accounting standard changes
• Review, design, implement, and document internal controls and key accounting procedures over financial reporting
• Research accounting literature and apply US GAAP standards to non-routine and complex transactions
• Prepare technical accounting memos to communicate accounting positions on complex, non-routine transactions to management and external audit firm
• Compile and/or review Company’s audited financial statements and footnote disclosures, employee benefit plan financial report, and other ad hoc reports as required
• Communicate with all levels of management to align technical accounting requirements with business processes
• Perform accounting assignments independently, often involving complex business transactions and a large amount of financial data
• Create and maintain accounting models for ASU implementation and simplification of complex accounting processes
• Provide Financial Planning & Analysis (FP&A) for various performance metrics for FirstBank leadership
• Extract, examine, and summarize financial data and make recommendations on data quality when applicable
• Work across business functions to effectively identify and retrieve relevant data sets and data points in performing data analytics
• Assist with the development of policies and procedures in model creation, modification, documentation, and recovery
• Act as a point of contact with external auditor for escalated or complex topics
• Train and mentor junior department employees
• Perform other duties and projects as assigned
• Understand and comply with all provisions of the Safety in the Workplace policy

Minimum Requirements

• Typically requires a bachelor's degree in related field and a minimum of 2 years of related experience.
• A combination of post-high school education, job related certification and related experience equivalent to 5 years may be considered in lieu of minimum requirements

Preferred Requirements

• Experience working in public accounting or in a financial reporting role
• Experience working in general ledger accounting
• CPA
• Experience performing external financial reporting and implementations of FASB pronouncements
• Experience working in data modeling and data analytics
• Certification in data science/data analytics

Knowledge, Skills, and Abilities

• Ability to apply complex accounting concepts to business processes
• Strong knowle