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AVP, Financial Management & Planning - Accounting Services

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Accounting & Finance
Atlanta, GA, USA
Posted on Thursday, September 14, 2023

Company

Federal Reserve Bank of AtlantaAs an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

Summary:

You will maintain accountability for, direct and coordinate the Bank’s Financial Management Accounting Services functions. You will report to the Vice President, Financial Management & Planning Controller.

Responsibilities:

  • Oversee and direct Accounting Services.

  • Lead the Bank’s accounting functions. Provide oversight and direction of Financial Reporting and Compliance, General Ledger, Capital Asset and Project Accounting, Discretionary Spending, and Expense Accounting.

  • Represent the District on System groups that set policy and strategic direction for accounting. Collaborate with the System’s Financial Support Office on matters of strategic importance to the district and System. Consult with senior management and division leadership on special projects related to accounting and/or financial management.

  • Establish and maintain financial management policies and procedures for the organization. Ensure successful implementation of FRS pronouncements and ensure alignment of local policies with System directives. Maintain strong internal controls, and ensure efficiency of operations and procedures.

  • Oversee formulation, implementation and administration of Advisory Letters and District Procedures. Actively monitor and review the Bank’s financial and accounting policies, procedures and practices and proactively implement change to increase the efficiency and effectiveness of operational practices and procedures that impact bank users.

  • Perform personnel management functions such as hiring, staff development counseling, employee performance appraisals, compensation decisions, and other personnel actions. Establish an environment of trust, collaboration, and teamwork for areas of responsibility and promote a culture of inclusion and respect among team members, department staff, and the bank.

Highly Specialized or Technical Skills/Certifications:

· CPA Preferred

· Knowledge of Generally Accepted Accounting Principles (GAAP)

· Knowledge of Federal Reserve Accounting Manual (FAM) and Federal Reserve Administrative Manual (FRAM)

Key Competencies:

  • Demonstrate Strategic Vision

  • Build Organizational Relationships

  • Use Seasoned Judgment

  • Develop and Engage Talent

Contacts required for this role:

  • External consultants/auditors

Internal contacts:

  • Sixth District Executives

  • FRS System Leadership

  • Board of Governors

  • National Business Line Leadership

  • FRBA Board of Directors

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 (e.g. emergencies, rush jobs, change in workload or technological developments).

The Federal Reserve Bank of Atlanta is an equal opportunity employer.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

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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