Financial Reporting Analyst
|Hiring Organization||USAA Corporate Office|
|Post Name||Financial Reporting Analyst|
|Qualification||Master’s degree in Finance, Accounting, or Business Administration (MBA).|
|Employment Type||Full Time|
|Work Hours||8 Hours|
|Salary||USD 88200 To USD 158900 Per Year|
|Location||San Antonio, Texas, United States 78288|
Purpose of Job
Serves as a key contributor in the preparation and delivery of financial statements, regulatory reports, and the associated analysis used by internal and external stakeholders to meet regulatory and compliance reporting requirements.
Proven ability to perform an appropriate research, prepare and review financial and regulatory reports, solve problems, and complete significant business and operational analytics while adhering to internal controls over financial reporting.
Supports audits and examinations that require frequent interaction with internal and external auditors and regulatory examiners. USAA values a culture that is highly collaborative, and we have found that a hybrid work type helps employees gain the best of both worlds – collaborating in person in the office and working from home.
The actual onsite days are settled between each employee and the employee’s manager. Candidates are expected to live a commutable distance from one of our offices in San Antonio, TX, Plano, TX, or Charlotte, NC.
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.
- Identifies and manages existing and emerging risks that stem from business activities and the job role.
- Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled.
- Follows written risk and compliance policies, standards, and procedures for business activities.
- Develops and implements processes to facilitate the end-to-end delivery of financial and regulatory reporting to include Bank Holding Company reporting, Enterprise GAAP reporting, P&C, and Life Insurance STAT reporting, and/or investment reporting.
- Acquires and applies demonstrated knowledge of appropriate and applicable industry practices and relevant USAA businesses and products impacting the financial statements.
- Applies professional skepticism to interpret and understand financial results and regulatory information as well as business and financial statement interrelationships, and provides informed, proactive analysis and business insights for analytical review to enable effective decision-making.
- Prepares and reviews reports in addition to audited statements and support schedules.
- Performs procedures? and identifies and implements improvements.
- Interacts regularly with management, regulatory agencies, and business partners (i.e., internal and external audit, treasury, compliance and legal, etc.) to ensure appropriate discussion and execution of requisite actions.
- Monitors analyses and interprets new and proposed changes to financial reporting requirements to resolve the impact on USAA.
- Serves as an advisor to management and as a valued and trusted resource to team members as well as a mentor to peers.
- Drafts and delivers disclosures, technical memos, presentations, and other supporting documentation.
- Partners with areas across the enterprise to ensure accurate and timely receipt of supporting information.
- Plans and prioritizes maintenance of processes, procedures, tools, and resources.
- Bachelor’s Degree in Finance, Accounting, Risk Management or required field; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
- Minimum 6 years of experience preparing and delivering financial statements and regulatory reports in the financial services industry.
- Minimum 4 years experience conducting research and preparing business and operational financial analysis of Bank Holding Company or similar.
- Knowledge of applicable Microsoft Office applications including Excel.
- Solid understanding of Generally Accepted Accounting Principles (GAAP).
- Master’s degree in Finance, Accounting, or Business Administration (MBA).
- Certified Public Accountant (CPA).
- Bank holding company and broker-dealer regulatory reporting experience.
- High proficiency in Microsoft suite of products – Word, Excel, PowerPoint.
- Strong knowledge of GAAP and banking regulatory reporting rules and regulations.
- Excellent analytical and problem-solving skills.
- Excellent communication skills (both written and verbal) and interpersonal skills.
- Ability to work in cross-functional teams
- Strong capability to work both collaboratively and independently to meet tight deadlines, and flexibility in handling moving targets and multiple competing priorities
- Ability to coordinate and work closely with other impacted business units, including the lines of business, legal, and compliance.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market position.
The salary range for this position is $88,200-$158,900*. Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.
Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average. Shift premium will be addressed on an individual basis for applicable roles that are consistently scheduled for non-core hours.
At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental, and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off the program with paid holidays plus 16 paid volunteer hours.
And various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals. Relocation assistance is not available for this position.