Accountant I – Corporate Financial Reporting

Job Description

Accountant I – Corporate Financial Reporting | Federated Hermes

The Tone:
This is a full-time role at Federated Hermes, located in Pittsburgh, Pennsylvania, with a hybrid office/remote work model. Federated Hermes is a leading investment manager with $907 billion in assets under management, dedicated to helping individuals invest and retire better, achieving stronger risk-adjusted returns for clients, and contributing positively to the wider world. The company prides itself on a collaborative environment that promotes integrity, sharing ideas for positive change, and fostering a diverse, inclusive, and respectful workplace. This Accountant I position within the Corporate Financial Reporting department is crucial for maintaining proper accounting records and producing accurate financial statements, directly impacting the company’s financial integrity and reporting obligations.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid, Pittsburgh, PA
• Team: Corporate Financial Reporting department, reporting to management
• Mission: Ensure the maintenance of proper accounting records and the production of accurate financial statements by managing specific accounting areas and departmental checklists.
• Tech Stack: MS Office (Word, Excel), Oracle Financials (preferred)

What You’ll Actually Do
• Manage specific accounting records: Take primary responsibility for the proper accounting of prepaid expenses, conference expenses, and fixed assets within the corporate financial reporting framework.
• Support financial reporting: Actively assist in the preparation of consolidated financial statements and their footnotes, alongside contributing to the analysis and preparation of monthly, quarterly, and annual financial reports.
• Analyze general ledger accounts: Conduct thorough analysis of various assigned general ledger accounts, detailing major items and significant variances for presentation at management meetings and for year-end audits, also serving as a point of contact for auditor inquiries.
• Process and reconcile accounting entries: Code and accurately enter various accounting entries into the accounting system, ensuring proper accounting treatment through diligent research and discussions with management, while also performing monthly reconciliations and monitoring of assigned balance sheet accounts.
• Ensure compliance and efficiency: Develop a comprehensive understanding of GAAP, SEC, and FINRA reporting requirements through continuous learning and online research, assist in researching regulatory requirements, and review operating methods to promote departmental efficiencies, maintaining up-to-date written procedures for all responsibilities.

The Must-Haves
• Background: Bachelor’s degree in Accounting or a related financial field, suitable for an early-career professional.
• Experience: Proficiency in MS Office (Word, Excel) is required.
• Skills: Strong capabilities in math, calculation, problem solving, and reasoning/analysis.
• Bonus: Knowledge of Oracle Financials is preferred.