Finance Specialist

Position Summary:

Join a team focused on the success of our customers, the success of our communities, and the success of each other. Farm Credit East (FCE) is the leading provider of loans and farm advisory services to farm, forest product, fishing, and other agricultural business owners across the northeast with $14.8 billion in total loan volume and $31 million in annual financial services revenue from 18,000 customers across our 8-state territory. We are One Team Working Together with a focus on our five pillars: Outstanding Customer and Employee Experience, Quality Growth, Operational Excellence, Commitment to our Communities, and Protecting Customer Information.

As a Finance Specialist , you are responsible for helping Farm Credit East meet its financial goals and business objectives by providing accounting, financial reporting, and operational support as part of the Finance team. You perform general accounting responsibilities, applying knowledge of generally accepted accounting principles (GAAP) and concepts. You are responsible for specific accounting entries, reconciliations and analyzing assigned general ledger accounts as a critical component of the month end closing process. You will also interact with Financial Partners, Inc, PricewaterhouseCoopers, Farm Credit Administration, and CoBank examiners as necessary regarding Farm Credit East operations and reporting requirements.

The value drivers for this role are as follows:

• Accurately records financial transactions resulting in quality financial reports that guide leadership’s strategic decisions and maintain regulatory compliance.
• Supports quality assurance in the operations function, aiding the Association’s operational excellence.

Come join a collaborative, customer-focused team at Farm Credit East!

Duties and Responsibilities:

Financial Operations and Reporting

• Monitor and manage daily loan pricing requests and transactions with FC East’s lending team, processing special pricing requests and coordinate with our funding bank CoBank to ensure timely responses and accurate documentation.
• Review daily pricing exception and penalty fee reports, research discrepancies, and coordinate with internal stakeholders and CoBank to resolve issues and ensure compliance with established pricing guidelines.
• Maintain and distribute daily loan rates sheets, monitor forward rate lock activity and aging reports, and update operational tracking reports to support lending and Treasury activities.
• Prepare tand maintain recurring daily, weekly, monthly financial reports, and reconciliations, ensuring the accuracy of financial data, updating key metrics and ratios, and identifying items requiring follow-up or correction.
• Prepares regulatory, management, and board reports and provides analysis utilizing report writers/data bases, exercising appropriate controls to ensure financial reporting integrity
• Provides credit support to customers and other team members including verbal and written communications with the customers and vendors
• Prepare ad-hoc reports, analysis, and supporting documentation to assist management with operational, financial, and business initiatives.

Special Projects

• Works closely with Marketplace, Regional and Association management on special projects as assigned or delegated.
• Performs special projects that support the requirements of the Operations/Financial group, including supervision of other operations group staff during manager absences
• Participates in Association level projects designed to improve efficiency, ensure quality and/or further Association objectives
• Develops and maintains automated accounting system reports, and excel spreadsheets

Job Qualifications and Requirements:

• This position requires a Bachelor's degree in Agriculture, Agri-Business, Economics, Finance, Business or a related field or an equivalent combination of education and experience to perform the essential functions of the job.
• We offer hybrid work options after two weeks of employment with Farm Credit East. Hybrid work options are determined based on job role and balancing the needs of the customers, the team, and individual work performance. This will be reviewed based on manager discretion.

Compensation and Benefits:

• Salary Range: $65,000 to $85,000 commensurate with experience
• Short-Term Incentive to reward business results
• Retirement Contributions :
  • 401k match up to 6% of salary; or for those unable to take full advantage of the 401(k) match, verified student loan payments may qualify for an employer match in your 401(k) up to 6% of salary
  • Defined Contribution retirement plan funded at 2-9% of salary depending on years of service
• Time Off:
  • 15-25 days of vacation leave per year, depending on years of service
  • 12 days of holiday leave per year
  • 7.5 days of sick leave in your first year, followed by 12 days of sick leave per year thereafter; unlimited rollover of unused sick leave year to year
• Health and Insurance:
  • Comprehensive medical, dental, and vision plans, including preventive care and wellness programs to support your overall health and well-being
  • Health Savings Account
  • Life insurance at 2x base pay
  • Accidental Death and Dismemberment insurance at 2x base pay
  • Long-term disability insurance at 2/3 base pay
• Additional Benefits:
  • Tuition reimbursement
  • Continuing education and training
  • Employee Assistance Program offering a wide variety of tools and resources

Farm Credit East is an Equal Opportunity Employer. As an Equal Opportunity Employer, we do not discriminate on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, marital status, parental status, political affiliation, disability status, protected veteran status, genetic information or any other status protected by federal, state or local law. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individual's qualifications for a specific job opening. In compliance with the Americans with Disabilities Act (“ADA”), if you have a disability and would like a reasonable accommodation in order to apply for a position with Farm Credit East, please call View phone number on aiapply.co or e-mail View email address on aiapply.co.