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Financial Reporting Analyst - Hybrid

Federal Home Loan Bank of IndianapolisIndianapolis, Indiana, United StatesRemote, Hybrid, Onsite

Is it a Bank? A cooperative? A leader in affordable housing? We are all those things and more!


Our core mission at FHLBank Indianapolis is to provide reliable and readily available liquidity to our member institutions to support housing finance and community development. Simply put, we’re a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. We also assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.

But enough about us, let’s talk about you.


Are you looking for a company that views their employees as their greatest asset?A company that’s dedicated to making a difference in the community? So much so they pay their employees to volunteer?Do you want to join a talented workforce that prioritizes equal opportunity within an inclusive culture, and promotes learning and development, unique skills/ideas, and employee engagement?

If you’ve said yes to these questions, then we might be a match!


Here is what we offer:


  • Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!
  • Fantastic, competitive pay and total rewards
  • Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!
  • Tuition reimbursement assistance: To help you continue to develop personally and professionally.
  • Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!
  • Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!
  • Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program
  • “Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.

Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!  ​


Purpose


:


Primarily responsible for the preparation of reporting to senior management, the board of directors, the SEC, Office of Finance and Federal Housing Finance Agency (FHFA) with a focus on compliance with internal and external requirements for documentation and controls. The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified.

The Bank reserves the right to alter or amend this description at any time.

Specific Responsibilities


:


  • Assist in the preparation of quarterly and annual reports on Form 10-Q/K, including XBRL. Prepare and/or coordinate preparation of detailed schedules supporting footnote disclosures and MD&A.
  • Prepare and/or coordinate preparation of data for reporting to senior management, the Office of Finance and FHFA, including the completion of schedules required to support the Bank’s board reporting process.
  • Assist in updating the Bank’s accounting policies.
  • Responsible for ensuring compliance with GAAP, FHFA directives, Sarbanes-Oxley internal control requirements and the Bank’s accounting policies. Includes complete, accurate and timely performance of assigned controls.
  • Maintain accurate and complete procedures for assigned areas.
  • Work with the accounting team and others in the Bank to understand the impact of new accounting standards and financial instruments on internal/external reporting.
  • Continuously find ways to learn and strengthen processes to minimize time requirements.
  • Serve on FHLBank System working groups, as appropriate.
  • Assist in resolving inquiries from the external auditors, internal auditors, and FHFA examiners, as appropriate.
  • Proactively work with management and peers to achieve department and Bank strategic initiatives.
  • Complete special projects, as assigned.
  • Provide backup support for various functions, as assigned.

Competencies


:


Business


  • Job Knowledge

General


  • Decision Making/Judgment
  • Dependability
  • Productivity

People


  • Communication
  • Collaboration

Position Requirements


:


  • B.S. in Accounting. Financial institution accounting or reporting experience is preferred but not required.
  • Ability to identify, analyze, and resolve reporting concerns through automated or manual procedures.
  • Developing technology skills, with the drive and curiosity to learn and implement new tools to enhance existing processes (ex. macros, scripting, robotic process automation, relational databases).
  • Developing knowledge of Microsoft Suite Office products.
  • Developing written and oral communication skills.
  • Ability to work independently and as part of a team under pressure while adhering to strict deadlines.
  • Ability to set priorities and organize daily workflow. Detail-oriented with a high level of accuracy.
  • Ability to work full-time. Adheres to workplace rules and normal working hours. Some overtime may be required.
  • Must not have been convicted on any civil or criminal charge that would suggest a risk to Bank security.
  • Ability to uphold and model the Bank’s Guiding Principles.

Hiring Range: $72,000 - $84,000Hiring ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.

FHLBank Indianapolis is an Equal Opportunity Employer.


Life at Federal Home Loan Bank of Indianapolis

The Federal Home Loan Bank of Indianapolis is a wholesale bank that provides loans, grants, and business services to member financial institutions in Indiana and Michigan. We are one of twelve such banks in the Federal Home Loan Bank System established in 1932. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations
Thrive Here & What We Value1. Dedicated to strengthening communities throughout our region2. Views employees as their greatest asset3. Promotes learning, development, diversity, equity, inclusion, unique skills/ideas, employee engagement4. Offers flexible hybrid workforce model (three onsite days and two remote)5. Provides competitive pay with industry-high 401(k) match up to 6% PLUS an additional 4% contribution6. Offers tuition reimbursement assistance, student loan repayment assistance7. Provides comprehensive benefits package including medical, dental, vision insurance, and pet insurance8. Generous time off (vacation, paid federal holidays, birthday month floating holiday, volunteer day, summer hours program)9. “Dress for your day” dress code policy10. Offers five fully remote weeks per year
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