Corporate Accounting Analyst

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 Corporate 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 Corporate Accounting & Reporting team, this professional will be part of a team reporting directly to the manager for Corporate 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; with various stakeholders

• Keeps up-to-date with new accounting developments.

• 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.

• Administers and maintains timely, accurate accounting and reporting processes.

What we are looking for:

• 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

Salary Range: $68000-80000 / year

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. 

 

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 <