Salary Job Openings

Corporate Accounting Analyst

Federal Reserve Bank of New York
New York, NY Remote Full Time
POSTED ON 6/30/2022 CLOSED ON 11/4/2022

Job Posting for Corporate Accounting Analyst at Federal Reserve Bank of New York

Company
Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What we do:
The Financial Accounting & Reporting team is part of the Corporate Controllers Function in the Corporate Group. The team is responsible for ensuring compliance with accounting policies, enhancing, and improving the financial reporting process, and providing consistent, and high-quality accounting support that is responsive to the needs of the Bank. As a member of the Financial Accounting & Reporting team, this professional will be part of a team reporting directly to the manager for Financial Accounting and Reporting. The professional will interact with all levels of the Bank’s management as well as other Federal Reserve Banks in a variety of matters related to transaction, policy and controls for accounting and reporting topics.
Your role as Corporate Accounting Analyst:
  • Compiles, reviews, analyzes, and records financial information to the general ledger at the Bank level; administers monthly, quarterly, and annual closings and associated reporting.
  • Prepares daily, weekly, and monthly reconciliations to ensure general ledger account information is accurate, consistent, traceable, and auditable; maintains SOX key controls.
  • Troubleshoots accounting issues; guides decentralized accounting staff by training and consulting.
  • Keeps up-to-date with new accounting developments; oversees the implementation and adoption of new accounting standards.
  • Supports the Function, Bank, and System through participating in projects and work groups generally related to their areas of expertise.
  • Participates in the annual audit and quarterly review activities (including SOX) for external and internal auditors.
  • Ensures compliance with internal procedures and financial accounting and reporting controls.
  • Performs continuous assessment of the accounting and reporting processes and provides suggestions for improvement.
What we are looking for:
  • Bachelor's degree (Accounting, business, or finance major)
  • Knowledge and application of basic accounting, financial, and business principles
  • Understanding of internal controls and accounting operations
  • Technical proficiency in using Microsoft Applications with advanced expertise in excel
Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
  • Fully paid Pension plan and 401k with Generous Match
  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
  • Subsidized Public Transportation Program
  • Tuition Assistance Program
  • Onsite Fitness & Wellness Center
  • And
    more
Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.
In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
The successful candidate must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Accounting/Finance
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
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