Department: Finance
Reports to: Chief Financial Officer
FLSA: Exempt
Last Modified: 4.8.26
Position Summary
The Financial and Regulatory Reporting Manager is responsible for overseeing the Bank’s external financial reporting and all regulatory filings for a ~$3B community banking organization. This role ensures full compliance with U.S. GAAP and bank regulatory requirements while supporting management, auditors, and regulators with accurate, timely, and well-documented financial information. The position requires deep technical knowledge, strong judgment, and the ability to manage increased reporting complexity typical of a mid-size community bank.
Essential Functions
Financial Reporting & GAAP Oversight
- Prepare, review, and oversee quarterly and annual GAAP financial statements and related disclosures.
- Ensure proper accounting and reporting for:
- Investment securities (HTM/AFS/fair value)
- Deposits, borrowings, and interest rate risk-related items
- Derivatives/ hedging
- Bigelow Investment Advisors, the Bank’s majority-owned subsidiary
- Review complex accounting transactions and provide technical accounting guidance.
- Help to arrange financial reporting packages for the Board of Directors and executive management.
Regulatory Reporting
- Oversee preparation, review, and timely filing of all required regulatory reports, including:
- Ensure consistency between financial statements, regulatory filings, and internal management reports.
- Serve as primary point of contact for regulatory reports and filings.
- FFIEC 051 Call Report
- FR Y-9SP, Y-6, and related holding company filings (as applicable)
Audit & Regulatory Exam Management
- Coordinate and manage external financial statement audits.
- Prepare audit schedules, technical memos, and supporting documentation.
- Support regulatory examinations and respond to examiner requests related to financial and regulatory reporting.
- Partner with internal stakeholders to remediate findings and strengthen controls.
Internal Controls, Compliance and Process Improvement
- Maintain and enhance internal controls over financial reporting (ICFR) and regulatory reporting.
- Ensure strong documentation, governance, and review processes appropriate for a ~$3B institution.
- Monitor and implement new accounting and regulatory guidance impacting the Bank.
- Lead implementation of new reporting requirements or accounting standards.
- Identify opportunities to improve efficiency, accuracy, and automation in reporting processes.
- Support core system upgrades, reporting tool implementations, and data governance initiatives.
- Maintain detailed reporting procedures and controls documentation.
Other
- Attend and record minutes for the Bank’s Asset/ Liability Management Committee (ALCO) and Pricing Committees.
- Assist in development of the Bank’s asset/liability (ALM) model; report results of back-testing
- Manage scenarios and report results of Liquidity Stress Testing
Qualifications
Education & Certification
- Bachelor’s degree in Accounting or Finance required
- CPA strongly preferred
Experience
- 6 or more years of progressive accounting or financial reporting experience
- Direct experience in a ~$1B–$5B banking institution strongly preferred
- Extensive hands-on experience with Call Reports and FR Y-9 filings
- Proven experience managing external audits and regulatory exams
- Ability to work extended hours during quarter-end, year-end, audit, and filing deadlines
Technical Skills
- Strong knowledge of U.S. GAAP and bank regulatory reporting requirements
- Experience with core banking systems and regulatory reporting software
- Advanced Excel and financial analysis skills
Core Competencies
- Exceptional attention to detail and analytical judgment
- Strong deadline and project management skills
- Ability to interpret complex regulatory guidance and apply it practically
- Professional communication skills with auditors, regulators, and executives