Financial Business Partner/ Senior Financial Business Partner

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives.

As part of the nation’s central bank, we are a team of mission-driven professionals who are committed to serving with excellence. Our core values are: Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change.

For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland Fed

As a more senior member of the Financial Planning and Analysis (FP&A) or Treasury Services Finance team, plays a key role in and may lead the building and managing of trusted relationships between Financial Management and the Bank’s business areas.  May lead efforts to ensure that financial support and direction aids business areas in effectively managing their annual budgets. Contributes significantly to department, Bank, and System workgroups and committees and as well as local and Federal Reserve System-wide projects and initiatives. 

Essential Accountabilities

• Works independently, with guidance only in the most complex situations, to make sound decisions.   

• Exercises considerable latitude when determining the objectives of assignments.  Work is generally reviewed for desired results. 

• Identifies and may lead the development of solutions to complex problems.  Solutions are imaginative, thorough, practical, and consistent with functional objectives and keep the customer in mind. 

• Demonstrates an advanced level of knowledge of FP&A or Treasury Services Finance function operations, financial planning and analysis and accounting concepts and building effective financial business partner relationships as well as related controls and applies that knowledge through work products. 

• Considered an expert in at least two business areas and has developed relationships with all assigned business areas that facilitate deep understanding of their business environment and strategic priorities. 

• Responsible for more complex activities associated with financial planning and analysis and works directly with functional management. 

• Performs financial analysis with key attention to detail, develops forecast recommendations, and provides proactive financial consultation to business areas, incorporating both top-down and bottoms-up approaches. 

• Provides collaborative and consultative strategic financial planning to multiple stakeholders and business areas by building cross-functional relationships and aiding assigned business areas in planning and forecasting financial information. May lead aspects of the team’s efforts in this space. 

• Effectively translates financial-related information, both orally and in writing, for a non-financial audience by bridging the gap between financial jargon and practical understanding.  May lead aspects of the team’s communication efforts. 

• Coordinates with staff across Financial Management to ensure business area financial-related challenges are proactively diagnosed and effectively addressed. May lead aspects of the team’s efforts in this space. 

• Recognizes and identifies customer issues and common themes and recommends solutions or process improvement opportunities.   

• Interprets and implements new/revised industry standards and System Finance standards. 

• Develops training resources and delivers them to stakeholders. 

• Contributes significantly to and may lead the development of new processes, standards, and operational plans at the Department-level. 

• Seeks out opportunities to significantly contribute to projects/initiatives/workgroups in the department, Bank, and/or System Finance community. 

• Performs other duties as assigned or requested. 

Education and Experience

Financial Business Partner

• Bachelor’s Degree in Accounting, Finance, Business, Management Information Systems, or related field 

• 5+ years of related experience 

Financial Business Partner Senior

• Bachelor’s Degree in Accounting, Finance, Business, Management Information Systems, or related fiel