Accounting Supervisor - Finance Division at Federal Reserve Bank (FRB) in Chicago, Illinois

Job Description:

Company

Federal Reserve Bank of Chicago

At the Chicago Fed, we are guided by our mission to strengthen the economy and our communities. We take great pride in our work and how we contribute to the Fed's mission. When you join our team, you will become part of a culture that welcomes differences, cares about our communities, and empowers each other to pursue our work interests and career goals.

The Finance Department has an immediate opening for a General Accounting Supervisor on the Corporate Accounting and Compliance team. Leading a small team of Accountants, you will oversee general accounting and compliance related tasks at the Chicago Fed. You will be responsible for supervising daily accounting activities, researching solutions for proper accounting treatment, with a goal of ensuring accuracy and timeliness of the execution of operational tasks. You will report to the Accounting Manager within the Corporate Accounting and Compliance Team.

Responsible for ensuring the accuracy and completeness of accounting transactions, managing the general ledger and accounting applications, and for the production of various resultant financial statements and reports. The level of work required is considered advanced and staff must be able to work under minimal supervision. This job has direct reports, and you will work on a hybrid model.

Your Responsibilities:

• Trains, supervises, establishes goals and provides guidance to staff; evaluates staff performance and creates development plans; recommends staff for promotion and salary actions and makes hiring and termination decisions


• Participates in strategic planning initiatives


• Manages stakeholder relationships from analysts to senior executives


• May lead and/or participate in high impact/priority work groups


• Accounting Management Responsible for the completeness, accuracy and authorization of financial reporting transactions and data


• Oversees the application of various District and System policies and regulations, ensuring compliance


• Participates in District-wide system testing and maintenance on accounting and financial applications


• Provides assurance that internal controls are operating effectively and efficiently


• Business Operations and Administration Identifies and leads continuous improvement efforts


• Reviews and revises accounting policies and procedures


• Conducts and/or participates in training on accounting related policies, procedures, and applications

Your Background:

• Bachelor's degree in Accounting, Finance, related field or equivalent experience Five or more years of relevant work experience


• CPA strongly preferred


• Proven expertise of accounting principles, practices and procedures obtained through education, experience or certification


• Strategic thinking and decision-making abilities


• Ability to communicate with and influence key stakeholders


• Possesses strong presentation skills


• Strong project management skills


• Possesses analytical skills and ability to apply, interpret, and explain complex analysis of financial data


• Demonstrates aptitude to leverage relevant technology and software applications, including ability to create and modify complex spreadsheets


• Excellent attention to detail

What we offer:

• Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria


• A continuous learning environment with opportunities to gain new skills and grow your career

Location:

This is a Hybrid position. Your presence will be expected a minimum of two days per week in the Chicago office.

Other Requirements:

• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.


• This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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