Senior Debt, Investments & Derivatives Accountant — Hybrid

Farm Credit Bank of Texas; Austin (TX); Hybrid; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health & wellness benefits

401(k) with employer match

Disability and life insurance

Paid time off

Fertility & parental leave

Volunteer time off

Professional development

Tuition reimbursement

Fitness incentive

Matching gifts

Job summary

Farm Credit Bank of Texas seeks a Senior Debt, Investments & Derivatives Accountant to support accounting, analysis, reporting and control activities for the Bank’s debt, investment, derivative, and other off-balance-sheet portfolios. This role maintains activity within the Bank’s accounting system and supports monthly close and annual reporting in accordance with GAAP.

This position requires a strong accounting foundation, 6–8 years of experience, and the ability to analyze complex financial

Qualifications

• Bachelor’s degree in finance, accounting, or related field.
• 6–8 years of experience in debt, investment, derivative, treasury, or other financial instruments accounting and analysis.
• Working knowledge of accounting treatment for debt, investment, and derivative instruments.
• Experience with derivative accounting, hedge accounting documentation, financial instrument analysis, or related activities.
• Ability to analyze transactions, identify accounting issues, and apply sound problem-solving and independent judgment.
• Strong written and verbal communication skills.
• Strong organizational skills and ability to manage multiple priorities and deadlines.

Responsibilities

• Maintain and input investment trades, debt issuances, derivative transactions, and derivative collateral activity within the Bank’s financial system.
• Support the daily and ongoing maintenance of the Bank’s debt, investment, derivative, and off-balance-sheet portfolios within the financial system.
• Develop and maintain a strong understanding of the financial system’s functionality, instrument setup requirements, and accounting outputs, and communicate related issues or recommended improvements to management and Finance partners.
• Analyze derivative transactions and maintain supporting documentation related to hedge accounting treatment, including documentation of hedge relationships, hedge effectiveness, and related compliance with accounting requirements.
• Assess and communicate accounting implications of debt, investment, and derivative transactions, including applicable presentation in the financial system and financial statements.
• Evaluate and document note purchases from a loan versus investment designation to determine the appropriate GAAP classification and accounting treatment.
• Generate and analyze daily, monthly, quarterly, and annual reports used for financial reporting, compliance, management analysis, and operational support, and assist with preparation of financial statement disclosures.
• Research and resolve accounting discrepancies related to debt, investment, and derivative activity.
• Support monthly close and quarterly and annual reporting activities under tight deadlines.
• Help ensure compliance with internal controls, including SOX and internal controls over financial reporting applicable to responsibilities within the role.
• Maintain clear and complete procedural documentation for assigned activities, including process functionality within the financial system.
• Perform testing and analysis related to software versions, system updates, and application changes affecting debt, investment, and derivative processing, in accordance with Bank change management procedures.
• Contribute to ongoing automation and process improvement efforts to enhance team efficiency, accuracy, and control effectiveness.
• Review and approve work performed by temporary or full-time personnel, as assigned.
• Exercise sound judgment, objectivity, professional proficiency, and high standards of conduct at all times.
• Perform other duties and special projects as assigned.

Skills

Accounting

Analytical thinking

Communication

Teamwork

Problem solving

Education

Bachelor's degree in finance/accounting

Job description

Farm Credit Bank of Texas seeks a Senior Debt, Investments & Derivatives Accountant to support accounting, analysis, reporting and control activities for the Bank’s debt, investment, derivative, and other off-balance-sheet portfolios. This role maintains activity within the Bank’s accounting system and supports monthly close and annual reporting in accordance with GAAP.

This position requires a strong accounting foundation, 6–8 years of experience, and the ability to analyze complex financial