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Sr. Financial Analyst

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

IT, Accounting & Finance
San Francisco, CA, USA
Posted on Tuesday, February 6, 2024

Company

Federal Reserve Bank of San FranciscoWhile the SF Fed is a Reserve Bank, we’re not what you might expect. We’re unreserved here. That means we seek new and diverse perspectives. We spark conversations and encourage debate. We build opportunity. We pursue careers that are true to ourselves. We are looking for people who want to help our country reach its full economic potential. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone.

We empower our people to balance their life and work responsibilities. That’s why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others.

Are you interested in playing a role in Federal Reserve Product and Project budgets and forecasts? Do you have a passion for developing and leading others? If yes, then Federal Reserve would like to hear from you.

As a Senior Financial Analyst, you will serve as the knowledge source and provide comprehensive financial analysis support to ITS business lines. By leveraging financial metrics and developing integrated revenue/expense analyses, projections, reports, and presentations, you will support ITS partners in carrying out their strategic business direction. Your consultative approach when communicating and collaborating with business leaders, and deep budgeting expertise, will be invaluable in this role.

Responsibilities:

  • Generates standard reporting deliverables; leads forecasting efforts and analysis and responsible for development and presentation of complex variance analysis and financials.
  • Independently leads the development of budgets, forecasts, position papers, cost benefit modeling, analysis summaries and other documents; uses such materials to acquire senior management approval or recommend a course of action for financial matters.
  • Serves as the knowledge source for one or more financial focus areas with a shown understanding of FRB accounting, expense and capital budgeting, CASPR expense accounting rules, contracts, and agreements
  • Performs technical analysis to understand present and future financial performance; may serve in a back-up capacity to the ITS Budget Coordinator
  • Provides analysis on business development and may monitor business performance by team, business line or group
  • Supports the long-range planning for the group and assists in the development of action plans and financial forecasting tools to meet short and long-range financial plans. Follow-up activities include initiating and running financial systems that will improve efficiency and cost effectiveness of the national operations
  • Participates in District / System work groups related to financial plans and goals
  • Captures, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements, and operating forecasts
  • Identifies areas of improvement relating to reporting deliverables, financial processes, and information storage

Qualifications:

  • Bachelor’s degree in Business Administration, Finance, Economics, Accounting or other related field or equivalent work experience
  • Typically requires 5 or more years of related experience of related experience in financial analysis
  • Advanced proficiency of Excel, MS Word, Outlook and PowerPoint
  • Proficient in visualization software e.g., Tableau
  • Experience with Workday tooling and reporting preferred
  • Experience in financial analysis development and reporting
  • Strong knowledge of financial planning, modeling, and development
  • Excellent verbal and written communication, attention to detail, and customer service skills
  • Demonstrated ability to perform under pressure and manage multiple priorities with competing deadlines
  • Must be a U.S. Citizen or a Green Card holder with the intent to become a U.S. Citizen.

Base Salary Range: Min: $97,600 - Mid: $126,800 - Max: $155,900 (Location: San Francisco)
Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with market data.

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and a Retirement / Pension

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

At the Federal Reserve Bank of San Francisco, we believe in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve.

#LI-Hybrid

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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