Corporate Accounting Manager at Federal Reserve Bank (FRB) in Chicago, Illinois

Job Description:

Company

Federal Reserve Bank of Chicago

The Finance Department has an immediate need for a Corporate Accounting Manager leading the Corporate Accounting and Compliance team. You will work with different individuals in all Bank departments including Senior Level Management. This job has direct reports and will establish goals and provide guidance to staff along with the full performance management process. You will oversee the monthly close process, review the quarterly financial statements, and work closely with the Finance and Internal Audit teams on the year-end process. You will ensure compliance with the Bank’s SOX Program and work closely with the external auditor during the year end integrated audit.
You will report to the AVP of Corporate Accounting and Compliance.

This position internally will be titled as an Accounting Manager.

Responsibilities:

• Oversee a team of accounting professionals which have responsibilities ranging from light tax compliance (1099 reporting, imputed income reporting) to capital/fixed asset projects with the facilities department to benefit accounting and HR related accruals, to name a few, to ensure GAAP compliance


• Ensure the monthly close process, quarterly close and year end close are performed timely and accurately


• Provide guidance to the team on financial accounting transactions to ensure compliance with FAM (Financial Accounting Manual) and other procedures


• Provide consultative and analytic support on accounting issues to business areas


• Actively participate in Bank and System (all 12 Reserve Banks) working groups

Your Qualifications:

• Bachelor's degree with an accounting concentration


• Knowledge of financial accounting principles (GAAP) practices and procedures such as software capitalization, fixed assets, construction accounting, accruals, etc


• 5+ years of related work experience in the accounting field


• Prior leadership experience


• Workday experience a plus


• Active CPA license a plus


• Written skills demonstrated by the ability to document in plain English alternatives, conclusions, underlying business transactions, etc.


• Oral communication skills demonstrated by the transmission of information to peers, supervisors and partners which also includes presenting material clearly


• Ability to handle multiple priorities simultaneously and ability to solve problems through critical thinking


• Exemplary customer service skills, demonstrated by the ability to effectively adapt to partner needs, expresses flexibility in the time afforded to partners and navigating through non-standard issues

Our Benefits:

• Comprehensive benefits package include 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

Requirements

All Federal Reserve Bank of Chicago employees 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 accommodation based on medical condition or sincerely held religious belief.

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.

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.

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Salary:

$130,000.00

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