Financial Analyst II/III - FMG

Company

Federal Reserve Bank of Minneapolis

Are you interested in growing professionally within a dynamic and highly 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 and Administration, and Accounts Payable.

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. 

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, unless directed otherwise by your supervisor.

Application deadline: September 08, 2024

Application deadline: September 08, 2024

Our Financial Planning and Analysis (FP&A) group is seeking to fill a financial analyst position on our business line support team.

As part of our central finance function, you will support the Bank's decision making and compliance functions with timely, accurate, and reasonable financial information and projections.

You will partner with business areas to develop financial plans to respond to their needs and help ensure that financial management reporting and cost allocation is compliant with Federal Reserve System expectations.

You will develop broad perspectives on the Bank while applying strong communication, finance, and analytical skills to ensure efficient and effective budget and forecast processes and provide ready access to useful and accurate information and analyses for Bank management.

Responsibilities:


* Work with business areas to create monthly forecasts, annual budgets, and explain direct and indirect costs.


* Serve as a financial consultant and working with Senior Management, providing detailed and complex analyses to aid in decision making.


* Research, analyze, and compile financial data from multiple sources to o produce business information.


* Assign business line spend to appropriate activities for activity-based costing and reporting.


* Provide guidance and support on position management, including backfills, repurposes, or new position requests and how those impact financials to ensure accurate cost center, start and end dates, and level in our Systems.


* Lead or participate in projects and workgroups that impact the Bank and the Federal Reserve System.


* Review employee activity assignments to ensure salary expenses are allocated to the appropriate activities.


* Perform the analyses and the writing of the Bank's budget document for the Board of Governors.


* Prepare financial performance, scenario, a...