Analyst, Senior Accountant - Financial Reporting

The Board of Pensions of the Presbyterian Church (U.S.A.)•Philadelphia, PA

2d•Onsite

About The Position

The role: The Senior Accountant, Financial Reporting is responsible for assisting with the timely and accurate preparation of the Board of Pensions’ financial statements in accordance with Generally Accepted Accounting Principles and leads financial reporting and analysis for the Board of Pensions’ Health & Wellness Plans and quarterly reporting of limited partnerships. The Senior Accountant prepares monthly written financial statement analyses, provides effective support and analysis during annual audits of financial statements, analyzes administrative expense fluctuations and updates cost allocation spreadsheets. This individual prepares material for Board of Directors’ meetings, updates process and procedures narratives, and assists in other financial research, analysis and report preparation as required. What you will do: Prepares monthly written financial statement analyses, assists with the preparation of annual financial statements and footnotes, and provides effective support and analysis during preliminary and annual audits of financial statements. Reviews monthly account analysis of the Statement of Net Assets and the Statement of Changes in Net Assets Prepares analysis on administrative expenses fluctuations, and updates administrative expenses allocations file for budget, actual and forecasts. Complete quarterly rollforward of investment activity for the Board’s limited partnerships. Prepares annual Health & Wellness Plans financial reconciliation and analysis, annually reconciles medical claims to vendor lag reports, and provides periodic reporting to the Board of Pensions’ medical actuaries. Completes wire transfers requests, reviews bank reconciliations, and prepares forecasts of interfund balances Prepares material for the Board of Directors meetings, including slide deck and notes for the Executive Vice President and Chief Financial Officer, medical plan balance sheet, medical claims by vendor report, and the accounting policy slide deck. Performs review of all investment managers and regular vendor SOC reports and elevates any issues identified to the appropriate individual or team within the Board of Pensions. Reviews and documentation new pronouncements and evaluate applicability and impact to the Board Provides backup support for various cash transactions and reporting functions. Creates and documents Finance team procedures to ensure a strong control environment in place to mitigate risks of fraud and error.

Requirements

Bachelor’s degree in accounting.
Certified Public Accountant (CPA) required; candidates who are near completion of CPA requirements will also be considered.
Minimum 3-5 years of full-time related professional experience.
Knowledge of general accounting and an ability to read and interpret an extensive variety of laws and regulations.
Demonstrated proficiency in Microsoft Office applications (Advanced Excel, Word, and Power Point).
Computer based general ledger systems experience.
Ability to work as an effective team member and cross-functionally throughout the organization and with external parties to drive results.
Extreme attention to detail and professional judgement.
Ability to coordinate, prioritize and execute a variety of activities in a timely manner.
An ability, interest and desire to stay current via seminars, industry literature, and formal training and development.
An ability to work on-site Tuesday – Thursday at the 2000 Market Street office in Philadelphia.

Responsibilities

Prepares monthly written financial statement analyses, assists with the preparation of annual financial statements and footnotes, and provides effective support and analysis during preliminary and annual audits of financial statements.
Reviews monthly account analysis of the Statement of Net Assets and the Statement of Changes in Net Assets
Prepares analysis on administrative expenses fluctuations, and updates administrative expenses allocations file for budget, actual and forecasts.
Complete quarterly rollforward of investment activity for the Board’s limited partnerships.
Prepares annual Health & Wellness Plans financial reconciliation and analysis, annually reconciles medical claims to vendor lag reports, and provides periodic reporting to the Board of Pensions’ medical actuaries.
Completes wire transfers requests, reviews bank reconciliations, and prepares forecasts of interfund balances
Prepares material for the Board of Directors meetings, including slide deck and notes for the Executive Vice President and Chief Financial Officer, medical plan balance sheet, medical claims by vendor report, and the accounting policy slide deck.
Performs review of all investment managers and regular vendor SOC reports and elevates any issues identified to the appropriate individual or team within the Board of Pensions.
Reviews and documentation new pronouncements and evaluate applicability and impact to the Board
Provides backup support for various cash transactions and reporting functions.
Creates and documents Finance team procedures to ensure a strong control environment in place to mitigate risks of fraud and error.

Benefits

We offer a generous benefits package for eligible employees.
Medical, dental, and vision coverage.
Defined benefit pension plan.
403(b)(9) retirement savings plan.
Generous paid time off, including sick time, holidays, and 22 days of personal leave.
Tuition assistance.
Employee Assistance Plan and other health and well-being resources.
Employer-paid death benefits with opportunities to purchase additional coverage.
Employer-paid Short-Term and Long-Term disability coverage.
Access to the Board’s education and grant assistance programs.
Discount programs on entertainment, travel, and more.
Satisfaction gained from working for a service-oriented employer.
Volunteer and other service opportunities in the community at large.