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, operating under a hybrid work model that combines office and remote work. Federated Hermes stands as a leading global investment manager, overseeing $911.6 billion in assets under management, with a core mission to empower individuals to achieve better investment and retirement outcomes, deliver superior risk-adjusted returns for clients, and contribute positively to the wider world. The firm fosters a collaborative environment that prioritizes integrity, encourages the sharing of ideas for positive change, and values diversity and inclusion. This Accountant I position within the Corporate Financial Reporting department is crucial for upholding the company’s commitment to financial accuracy by ensuring the meticulous maintenance of proper accounting records and the timely production of accurate financial statements. The role specifically focuses on critical areas such as prepaid expenses, conference expenses, and fixed assets, which are foundational to the financial health and reporting integrity of the organization.

The TL;DR
• Role: Early Career
• Location: Hybrid Pittsburgh, PA
• Team: Corporate Financial Reporting department
• Mission: This person ensures the maintenance of proper accounting records and the production of accurate financial statements by managing specific accounts and department checklists.
• Tech Stack: MS Office (Word, Excel), Oracle Financials (preferred)

What You’ll Actually Do
• Manage Key Accounts: Take primary responsibility for the proper accounting of prepaid expenses, conference expenses, and fixed assets, ensuring accuracy and compliance within financial records.
• Financial Reporting Support: Assist in the comprehensive preparation of consolidated financial statements, their accompanying footnotes, and various monthly, quarterly, and annual reporting packages.
• Account Analysis & Reconciliation: Conduct thorough analysis of assigned general ledger accounts to detail major items and significant variances, reconcile balance sheet accounts monthly, and prepare necessary journal entries.
• Ensure Proper Accounting Treatment: Code and accurately enter various accounting entries into the accounting system, conducting diligent research and discussions with management to apply correct accounting principles.
• Maintain Department Operations: Manage monthly and quarterly checklists for the department, proactively review operating methods for efficiencies, and maintain up-to-date written procedures for all assigned duties.

The Must-Haves
• Background: A Bachelor’s degree in Accounting or a closely related financial field is a fundamental requirement for this early career professional role.
• Experience: Demonstrated experience in mathematical computation, complex calculation, problem-solving methodologies, and strong reasoning and analytical skills is essential.
• Skills: Required proficiency includes a strong working knowledge of MS Office applications, particularly Word and Excel, for daily tasks and data management.
• Bonus: Prior knowledge or experience with Oracle Financials software is a preferred qualification that would be beneficial for this position.