[Hiring] Director of Financial Reporting @Colony Bank

Role Description

This position serves as the regulatory and financial reporting engine of the Accounting and Finance Department, bridging financial accounting, corporate governance, and regulatory compliance. This role owns and manages the external reporting function—including quarterly and annual filings (Form 10-Q, Form 10-K), current reports (Form 8-K), press releases, other required SEC filings, NYSE filings, and SEC/XBRL compliance infrastructure. This role ensures timely, accurate, and fully compliant financial reporting and disclosures, supports executive decision-making, and maintains high standards of accounting governance across the organization. And other duties as assigned.

Primary Job Responsibilities

• SEC Reporting & Regulatory Filings
  • Form 10-K & 10-Q Preparation: Lead the drafting, compilation, and review of all quarterly and annual SEC filings (Forms 10-Q and 10-K), ensuring full compliance with US GAAP, SEC regulations, and XBRL reporting requirements.
  • Current Reports & Earnings Announcements: Draft and review disclosures for Form 8-K filings, quarterly earnings press releases, investor presentation materials, and related financial documentation.
  • Disclosure Committee & Governance: Coordinate directly with internal leadership, legal counsel, external auditors, and the Audit Committee to facilitate clear, transparent disclosure reviews.
  • Financial Statement Disclosures: Prepare and review comprehensive footnotes, Management’s Discussion and Analysis (MD&A), and supporting financial schedules.
• Technical Accounting & Compliance
  • Technical Accounting Research: Research, document, and implement complex technical accounting matters, new US GAAP standards, and SEC guidance/rules.
  • Internal Controls (SOX Compliance): Maintain compliance with internal controls over financial reporting (ICFR) to ensure ongoing compliance with Sarbanes-Oxley (SOX) guidelines.
  • SEC Regulatory Monitoring: Monitor SEC rulemaking, emerging accounting updates, and industry reporting trends.
  • Peer & Benchmark Analysis: Analyze competitive reporting disclosures and financial metrics across peer banking institutions to ensure best-in-class disclosure standards.
• Financial Performance & Analytics
  • Investor Relations Support: Partner with the Executive Leadership team and Chief Financial Officer to provide accurate financial metrics and analytics for analyst calls and external presentations.
  • Variance Analysis & Financial Insights: Analyze quarterly financial results, budget-to-actual variances, and segment metrics to build actionable insights for executive reporting.
  • Financial Dashboards & SEC Review Packages: Construct thorough support binder documentation, tie-outs, and executive summaries to streamline the external audit and leadership review process.
• Cross-Functional Collaboration & Audit Management
  • Auditor & Legal Coordination: Manage day-to-day interactions with external independent auditors, internal audit teams, and outside legal counsel to facilitate smooth quarterly reviews and annual audits.
  • Reporting Platform Administration: Manage external reporting and XBRL software platforms (e.g., Toppan Merrill Bridge) to maintain data hygiene, document version control, and streamlined workflow automation.
  • Internal Projects and Strategic Initiatives: Assist and or manage internal projects that align with the strategic initiatives of the company.
• Technical Toolsets & Competencies
  • Financial & SEC Reporting Stack: Toppan Merrill Bridge, SEC EDGAR, XBRL / iXBRL Tagging, Core Banking & General Ledger Systems
  • Technical Accounting & Compliance: US GAAP, SEC Rules & Regulations (Reg S-X, Reg S-K), Sarbanes-Oxley (SOX) Section 404, ASC Standards Implementation, NYSE listing requirements
  • Analytics & Data Tools: Advanced Excel, Financial Modeling and Dashboards, Fiserv Business Analytics
  • Process & Governance: Internal Controls over Financial Reporting (ICFR), External Audit Management, Technical Writing, Disclosure Controls

Qualifications

• Preferred 8+ years of relevant accounting/SEC reporting experience
• Active CPA license
• Extensive knowledge of US GAAP, SEC regulations, and XBRL tagging

Company Description

Colony Bank is an equal opportunity employer.