Manager of Financial Planning & Analysis

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: 
• FFIEC 051 Call Report 
• FR Y-9SP, Y-6, and related holding company filings (as applicable)

• Ensure consistency between financial statements, regulatory filings, and internal management reports.
• Serve as primary point of contact for regulatory reports and filings.

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