Financial Reporting Accountant

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

This position is responsible for preparing reports for the Company including, internal and external reports, as well as administering the financial reporting system (Axiom), and preparing ad hoc analyses as needed. As such the employee filling this position should be detail-oriented with knowledge of GAAP and SEC accounting procedures and financial reporting practices and have excellent verbal and written communication skills and the ability to summarize and present complex financial data in an organized, concise manner. They must be able to work independently and have the ability to interact with coworkers, management, auditors, and regulators.

• Support Financial Reporting & Technical Accounting Manager and Assistant Corporate Controller in preparing certain financial statements, footnotes, tables and other schedules, ensuring that all reporting is in compliance with SEC and GAAP reporting guidelines:
  • Daily and monthly internal management reports.
  • Monthly board reports.
  • Quarterly earnings release.
  • Quarterly and annual SEC filings (Form 10-Q and Form 10-K)
  • Other press releases as needed.
• Assist with financial reporting system including:
  • Load daily general ledger data to the financial reporting system.
  • Update financial reporting system for new general ledger accounts and cost center combinations.
  • Compile and load necessary non-general ledger data monthly.
  • Build reports and analyses as needed.
  • Reconcile monthly application data.
• Build ad hoc reports/analyses/queries as requested by management.
• Prepare standard monthly journal entries related to acquired loan accounting.
• Prepare weekly reporting on opened/closed general ledger account combinations.
• Prepare quarterly monitoring procedures related to Regulation W compliance.
• Assist with validation testing of version upgrades to general ledger and certain financial reporting systems.
• Assist in the annual financial statement audit and quarterly financial statement reviews by providing supporting schedules/explanations to the external audit team.
• Analyze quarterly and annual fluctuations for the balance sheet, income statement, and cash flow statement.
• Assist with internal controls, including reviews and updates to process and system control narratives.
• Complete a variety of projects as assigned by management.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all training requirements in a timely manner.

Education, Training and Requirements:

• B.S. degree in Accounting or Business Administration
• Must have knowledge of GAAP and financial statement preparation
• All applicants must be 18 years of age or older

Skills:

Proficient knowledge of U.S. GAAP and financial statement accounting principles/procedures; knowledge of banking/financial services environment preferred; strong interpersonal relations and communication skills; and a high degree of proficiency in Microsoft Excel.

Experience:

Minimum of two (2) years external public Accounting or banking or financial services experience.

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements:

The physical demands described here 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 may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.

The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.