Money Fit by DRS
Financial Analyst
Money Fit by DRS, Minneapolis, Minnesota, United States, 55400
Company:
Federal Reserve Bank of MinneapolisAre you interested in growing within a dynamic and respected organization that respects work-life balance and offers comprehensive benefits? If so, the Federal Reserve Bank of Minneapolis has the perfect opportunity for you.The Financial Management Group (FMG) is comprised of Financial Planning and Analysis, Financial Accounting, Accounts Payable, and Procurement. The vision, goals, and objectives of FMG are aligned to support the mission of the Bank to serve the public by pursuing a growing economy and stable financial system that work for all of us.Our Financial Accounting section is seeking to fill a position for an accounting focused financial analyst. As part of this function, you will support the Bank's monthly accounting processes and assist with the preparation of internal and external financial statements, financial analyses, and annual report in compliance with accounting principles. You will partner with business areas to support their financial accounting processes, monitor and assist with compliance to accounting policy and gather financial information to complete financial reporting in compliance with Federal Reserve System policies. You will develop broad perspectives on the Bank and System by applying strong communication, accounting, and analytical skills to ensure efficient and effective financial accounting and reporting processes.Responsibilities:
Assist with entry level to complex daily financial accounting operations and special projects. Prepare financial statements and other reports.Collect, prepare, enter, analyze, and balance data processed into the appropriate accounting systems in compliance with accounting procedures. Resolve balance discrepancies between financial accounting systems.Ensure that accounting transactions conform to generally accepted accounting principles, Federal Reserve System's Financial Accounting Manual, cost accounting manual, custody control principles and standards, and Bank policies.Assist with the analyses and the writing of the Bank's Annual Financial Statements and Footnotes.Assist management in assessing the effectiveness of internal controls over financial reporting (ICFR) under Auditing Standard No. 5 (AS 5). Lead, or help document control processes and compiling support for testing by auditors.Be a liaison for Department, Bank, and Federal Reserve System staff and management in resolving complex problems or working on project teams.Represent FRB Minneapolis on Federal Reserve System accounting-related work groups providing input and feedback into System-wide projects.Recommend and test financial accounting system enhancement implementations, which may include coordinating activities such as developing plans, completing risk assessments, delegating work assignments, monitoring and reporting progress, training, and preparing necessary communications for a variety of audiences, including senior management.Perform other responsibilities as requested or assigned.Qualifications:
For Financial Analyst Level I: Bachelor's degree in accounting, finance, or related fields, or an equivalent combination of education and experience.For Financial Analyst level II: Bachelor's degree in accounting, finance, or related fields, or an equivalent combination of education and experience. Minimum 2 years of financial analysis, or related experience.Ability to communicate accounting concepts and requirements to multiple audiences, including management, and individuals with different knowledge levels.Advance degree in accounting or CPA is desired.Knowledge of accounting principles, practices, and AS5/COSO control environments is desired.Strong technical ability using general ledger and spreadsheet applications is desired.Previous experience with data analytics, mining, and visualization desired.Previous project management experience desired.Experience with Workday, Workiva, SharePoint and other reporting tools is desired.Additional Information:
Salary range is $51,100 -$63,929- $76,700(Level I) & $60,600- $75,777- $90,900 (Level II). Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration.Our total rewards program offers benefits that are the best fit for you at every stage of your career:Comprehensive healthcare options (Medical, Dental, and Vision)401(k) match, and a fully-funded pension planPaid time off and holidaysFree public transportation passesAnnual educational assistanceOn-site fitness facilityProfessional development programs, training and conferencesAnd more…The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy.Job Type:
Full TimeJob Category:
Accounting/FinanceThe 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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Federal Reserve Bank of MinneapolisAre you interested in growing within a dynamic and respected organization that respects work-life balance and offers comprehensive benefits? If so, the Federal Reserve Bank of Minneapolis has the perfect opportunity for you.The Financial Management Group (FMG) is comprised of Financial Planning and Analysis, Financial Accounting, Accounts Payable, and Procurement. The vision, goals, and objectives of FMG are aligned to support the mission of the Bank to serve the public by pursuing a growing economy and stable financial system that work for all of us.Our Financial Accounting section is seeking to fill a position for an accounting focused financial analyst. As part of this function, you will support the Bank's monthly accounting processes and assist with the preparation of internal and external financial statements, financial analyses, and annual report in compliance with accounting principles. You will partner with business areas to support their financial accounting processes, monitor and assist with compliance to accounting policy and gather financial information to complete financial reporting in compliance with Federal Reserve System policies. You will develop broad perspectives on the Bank and System by applying strong communication, accounting, and analytical skills to ensure efficient and effective financial accounting and reporting processes.Responsibilities:
Assist with entry level to complex daily financial accounting operations and special projects. Prepare financial statements and other reports.Collect, prepare, enter, analyze, and balance data processed into the appropriate accounting systems in compliance with accounting procedures. Resolve balance discrepancies between financial accounting systems.Ensure that accounting transactions conform to generally accepted accounting principles, Federal Reserve System's Financial Accounting Manual, cost accounting manual, custody control principles and standards, and Bank policies.Assist with the analyses and the writing of the Bank's Annual Financial Statements and Footnotes.Assist management in assessing the effectiveness of internal controls over financial reporting (ICFR) under Auditing Standard No. 5 (AS 5). Lead, or help document control processes and compiling support for testing by auditors.Be a liaison for Department, Bank, and Federal Reserve System staff and management in resolving complex problems or working on project teams.Represent FRB Minneapolis on Federal Reserve System accounting-related work groups providing input and feedback into System-wide projects.Recommend and test financial accounting system enhancement implementations, which may include coordinating activities such as developing plans, completing risk assessments, delegating work assignments, monitoring and reporting progress, training, and preparing necessary communications for a variety of audiences, including senior management.Perform other responsibilities as requested or assigned.Qualifications:
For Financial Analyst Level I: Bachelor's degree in accounting, finance, or related fields, or an equivalent combination of education and experience.For Financial Analyst level II: Bachelor's degree in accounting, finance, or related fields, or an equivalent combination of education and experience. Minimum 2 years of financial analysis, or related experience.Ability to communicate accounting concepts and requirements to multiple audiences, including management, and individuals with different knowledge levels.Advance degree in accounting or CPA is desired.Knowledge of accounting principles, practices, and AS5/COSO control environments is desired.Strong technical ability using general ledger and spreadsheet applications is desired.Previous experience with data analytics, mining, and visualization desired.Previous project management experience desired.Experience with Workday, Workiva, SharePoint and other reporting tools is desired.Additional Information:
Salary range is $51,100 -$63,929- $76,700(Level I) & $60,600- $75,777- $90,900 (Level II). Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration.Our total rewards program offers benefits that are the best fit for you at every stage of your career:Comprehensive healthcare options (Medical, Dental, and Vision)401(k) match, and a fully-funded pension planPaid time off and holidaysFree public transportation passesAnnual educational assistanceOn-site fitness facilityProfessional development programs, training and conferencesAnd more…The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy.Job Type:
Full TimeJob Category:
Accounting/FinanceThe 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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