Director of Financial Reporting

FHLB Dallas actively pursues dedicated and hardworking individuals to be a part of our professional team. Positions are offered on an as-needed basis for all departments. View our current opportunities by clicking the View Open Positions tab above.

Under the direction of the Chief Financial Officer, the Director of Financial Reporting is responsible for ensuring that the Bank’s financial reporting meets the requirements of the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board (FASB), the Federal Housing Finance Agency (FHFA), and the Federal Home Loan Banks Office of Finance. Maintains a strong financial reporting control environment and ensures the Bank’s compliance with the Sarbanes-Oxley Act and its related internal control and disclosure requirements.

PRIMARY RESPONSIBILITES:

  • Supervises assigned employees, allocates work and makes decisions and recommendations involving employment, performance reviews, training and development, promotion and transfer.
  • Creates a work environment that fosters collaboration and engagement.
  • Oversees the preparation of and reviews the Bank’s annual and quarterly SEC reports. Drafts selected disclosures and/or sections of the Bank’s periodic SEC reports. Prepares earnings releases and current reports on Form 8-K, other than recurring debt filings. Reviews recurring debt filings on Form 8-K . Reviews the financial information in the FHLBanks’ Combined Report and combined earnings release as it relates to the Bank to ensure its accuracy.
  • Oversees the preparation of and reviews reports for Bank management, the Board of Directors, the Federal Housing Finance Agency (CRS) and the Office of Finance (FRS). Represents the Bank on all matters relating to FRS and CRS. Coordinates the monthly financial reporting meeting.
  • Interprets, documents and implements new and/or revised FASB guidance and SEC regulations as applicable to the Bank.
  • Represents the Bank on various FHLBanks Controllers’ Subcommittees. Reviews and assists with efforts to achieve consistent disclosures among the FHLBanks, especially in connection with the adoption of new accounting guidance.
  • Coordinates the annual external audit and quarterly reviews and serves as the primary liaison with the auditors on all financial reporting related matters.
  • Reviews policies and procedures regarding financial reporting and suggests changes as needed. Oversees the review and testing of internal controls related to financial reporting.
  • Oversees the development and testing of reports and systems related to financial reporting.
  • Performs special projects as needed.
  • Reports any non-compliance with GAAP to the Chief Accounting Officer and the Director of Internal Audit.
  • Assumes additional responsibilities as assigned.

JOB REQUIREMENTS:

  • Bachelor’s degree in Accounting and CPA required.
  • 10-12 years of experience with a minimum of 7 years in banking/financial services strongly preferred.
  • 6-8 years management/supervisory experience.
  • Extensive knowledge of financial accounting standards and SEC rules and regulations required.
  • Excellent interpersonal, communication and organizational skills.
  • Public accounting experience a plus.

PHYSICAL DEMANDS:

The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is routinely required to utilize cognitive ability; sit and move about the office; speak, read, listen, and write; use hands to finger, handle, or feel objects, tools or controls. The employee is occasionally required to stand; reach with hands and arms, climb stairs; stoop, kneel, or crouch. Specific vision abilities required by the job include close vision, distance vision, depth perception, and the ability to adjust focus. The employee may occasionally lift and/or move up to 25 pounds.

WORK ENVIRONMENT:

Work environment characteristics described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable Accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work is performed in a temperature controlled office environment requiring little physical exertion. The noise level in the work environment is low to moderate. Mental concentration, attention to detail and computer use for extended periods of time is common. Completion of complex tasks under deadline pressure may be required. This position may, on occasion, also require evening and weekend work based on business needs. Interruptions may occur.

FHLB Dallas Offers a Professional, Inclusive Culture

FHL Bank Dallas employees are committed to and exemplify the following principles:

  • Service to our members is first and foremost
  • All business will be conducted honestly and ethically
  • Each employee contributes to customer service by directly serving our members or supporting those who do
  • Interaction with members should focus on building professional relationships and helping customers achieve their goals
  • Cooperation and teamwork throughout and across all levels of FHLB Dallas are essential to its effectiveness
  • Colleagues and members will be treated with the utmost respect and dignity

FHLB Dallas provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability, or national origin. FHLB Dallas will consider for employment all persons on an individual basis consistent with job-related criteria without regard to visible and non-visible disabilities. Equal opportunity applies to all employment practices, including recruitment, screening, hiring, compensation and training, as well as other conditions and privileges of employment.

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