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Financial Reporting Jobs in Iowa (NOW HIRING)

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Financial Reporting information

See Iowa salary details

$26.3K

$78.3K

$121.6K

How much do financial reporting jobs pay per year?

As of Jul 26, 2026, the average yearly pay for financial reporting in Iowa is $78,288.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,400.00 and $93,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by professionals in Financial Reporting roles, and how can they be managed?

Financial Reporting professionals often encounter challenges such as tight deadlines during month-end and year-end close, adapting to frequent changes in accounting standards, and ensuring data accuracy across multiple financial systems. Managing these challenges requires strong organizational skills, continuous learning to stay current with regulations, and effective collaboration with accounting, audit, and IT teams. Proactive communication and the use of automation tools can also help streamline processes and reduce the risk of errors.

What is the job of financial reporting?

Financial reporting involves preparing and presenting financial statements and reports that reflect a company's financial performance and position. Professionals in this role analyze financial data, ensure compliance with accounting standards, and often use tools like Excel or accounting software. Accurate financial reporting is essential for stakeholders, auditors, and regulatory agencies.

What is the difference between Financial Reporting vs Financial Analysis?

AspectFinancial ReportingFinancial Analysis
Primary FocusPreparing and presenting financial statements and reportsInterpreting financial data to assess performance and make recommendations
Required SkillsAccounting knowledge, attention to detail, proficiency in reporting standardsAnalytical skills, understanding of financial metrics, critical thinking
Work EnvironmentAccounting departments, corporate finance teamsFinance departments, investment firms, consulting
CertificationsCPA, CFA (optional), accounting certificationsCFA, CPA, or financial analyst certifications

Financial Reporting involves creating accurate financial statements for stakeholders, while Financial Analysis focuses on evaluating those statements to guide business decisions. Both roles require strong financial knowledge, but they serve different purposes within the finance industry.

Is AI replacing financial analysts?

AI is transforming the role of financial analysts by automating routine tasks such as data collection and basic reporting, allowing analysts to focus on more complex analysis and strategic decision-making. While AI tools can enhance efficiency, human judgment and expertise remain essential for interpreting data and providing insights. Financial analysts who develop skills in data analysis, programming, and AI tools will continue to be valuable in the evolving finance environment.

What is financial reporting?

Financial reporting is the process of producing statements that disclose an organization's financial status to management, investors, and regulatory authorities. These reports typically include the balance sheet, income statement, and cash flow statement, providing a comprehensive overview of a company's financial performance over a specific period. Financial reporting ensures transparency, aids in decision-making, and helps stakeholders assess the financial health of a business.

What are the key skills and qualifications needed to thrive in Financial Reporting, and why are they important?

To excel in Financial Reporting, you need strong analytical skills, a solid understanding of accounting principles, and a relevant degree such as accounting or finance, often complemented by a CPA or similar certification. Expertise with financial reporting standards (GAAP or IFRS), advanced Excel, and familiarity with ERP systems like SAP or Oracle are commonly required. Attention to detail, effective communication, and time management are crucial soft skills that set candidates apart. These abilities ensure accurate, timely, and compliant financial disclosures that support business decision-making and regulatory requirements.

What is the highest paying financial job?

The highest paying financial jobs are typically executive roles such as Chief Financial Officer (CFO) or Chief Investment Officer (CIO), with senior-level positions in investment banking, private equity, and hedge funds also offering high compensation. These roles often require extensive experience, advanced degrees, and strong leadership skills, and they can include bonuses and profit-sharing that significantly increase total earnings.

Is 40 too late to start a career in finance?

Starting a career in financial reporting at age 40 is possible, as many finance roles value skills, experience, and certifications like CPA or CFA over age. Transitioning may require gaining relevant education or training, but age is generally not a barrier to entering the finance industry.
What are the most commonly searched types of Financial Reporting jobs in Iowa? The most popular types of Financial Reporting jobs in Iowa are:
What cities in Iowa are hiring for Financial Reporting jobs? Cities in Iowa with the most Financial Reporting job openings:
Infographic showing various Financial Reporting job openings in Iowa as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $78,288 per year, or $37.6 per hour.

Sr. Financial Reporting Accountant

Fidelity & Guaranty Life Insurance Company

Des Moines, IA • Remote

$83K - $109K/yr

Full-time

Posted 16 days ago


Job description

Job Summary

This position is a senior level position performing various duties related to the financial reporting process for Fidelity & Guaranty Life and subsidiaries. Areas of responsibility include preparation of the quarterly and annual Statutory financial statements, footnote disclosures, and analysis required for Statutory reporting. This position will also support the department with respect to internal and external audit requests.

Duties & Responsibilities

  • Responsible for timely and accurate completion of regulatory required statutory reporting, including the Annual and Quarterly Statements, MD&A, statutory audited financial statements and any associated filing.
  • Support coordination and preparation of certain GAAP, quarterly and annual statements; and related analysis, including, but not limited to related footnotes and analytics.
  • Prepare analysis and utilize reporting tools to obtain information from the general ledger (Oracle) and/or financial data warehouse as required to assist with the reconciliation and analytic duties related to position.
  • Preparation of journal entries and account reconciliations including supporting analysis when applicable
  • Support compliance with internal control procedures and documentation of controls (i.e., Review and approval control binders)
  • Support internal and external (EY) audits and statutory insurance department examinations, as needed.
  • Pursue path of continuous process improvement (including automation) opportunities to identify and provide recommendations.

Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.

Knowledge, Skills & Abilities

  • Strong computer knowledge including familiarity of financial based client-server packages desired.
  • Knowledge of reporting packages, including SOVOS and Wdata reporting tools a plus.
  • Exceptional interpersonal and communication (verbal and written) skills.
  • Highly motivated and demonstrated ability to take initiative.
  • Leadership skills, with the coach and mentor staff.
  • Ability to work both independently and as part of a team with professionals at all levels.
  • Strong analytical skills and understanding of key data.
  • Ability to effectively prioritize multiple tasks/projects to meet critical deadlines.
  • Ability to work in a fast-paced environment.
  • Excellent organizational and time management skills.
  • Demonstrated ability to maintain confidentiality.
  • Strong problem solving skills.
  • Advanced knowledge of Excel required.
  • Embraces and demonstrates F&G's cultural values
  • Builds trust and camaraderie between team members
  • Experience playing a lead role in team projects or deliveries to ensure smooth operation, timeliness, accuracy and achieve targeted result

Minimum Qualifications

  • Bachelor's Degree in Accounting or Finance

Years of Experience

  • 3+ year of relevant experience in sophisticated accounting environment
  • Insurance experience a plus

License/Certification

  • CPA or pursuing CPA Preferred

Other Requirements

  • This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
  • Perform other functions, duties and projects as assigned
  • Regular and punctual attendance

Ability to travel up to: 10% of the time

#LI-MB1 #LI-Remote

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

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