Financial Analyst II

Company

Federal Reserve Bank of Minneapolis

Join our cross-divisional team as a finance professional.

In this role, you will apply your expertise in expense processing, accounts payable, and accounting principles and best practices.

We are looking for someone with a demonstrable ability to use finance and accounting technology, as well as excellent interpersonal communication skills to collaborate effectively.

The Federal Reserve Bank of Minneapolis - The Financial Support Office (FSO) Financial Management Shared Services Center (FMSSC) team is looking for a Financial Analysts.

Reporting to FMSSC Management, you will work under general directions to identify moderate to complex problems and assignments.

This position will work for the End-to-End Accounts Payable Shared Service team.

This is not a remote position and requires a regular on-site presence.

This is not a remote position and requires a regular on-site presence.

As a Financial Analyst II (FAII) in our End-to-End Accounts Payable Shared Service team:


* You will support the System's compliance functions and handle most issues independently but may receive guidance and direction from management based on level of experience and role.


* Communicate frequently with internal and external customers and team members as processing changes/decisions may affect other work in the area.


* Perform a variety of tasks, data analytics, compliance reviews, routine processes and handle responsibilities requiring experience and judgement.


* Build knowledge of the company, processes, and customers.

Solve a range of straightforward to more complex problems; analyze possible solutions using standard procedures or identifies innovative solutions.

Participate in daily operational activities including:


* Analyze expense processing including obtaining proper authorization for disbursements related to the Bank's non-po invoices, discretionary, and purchase card transactions and reviewing compliance and taxation for the related transactions.


* Apply accounts payable and accounting principles, practices, and techniques to classify and analyze accounts payable data and transactions from multiple sources.


* Perform problem resolutions, including analysis, reporting, troubleshooting, cause identification and corrective actions related to processes.


* Interact and communicate with internal and external customers, including routine to intermediate analysis/reports and presentations, and maintain effective working relationships with stakeholders.


* Work with business areas to accelerate the resolution of aged invoices.

Work directly with Procurement and suppliers to troubleshoot invoice and/or purchase order issues to ensure timely settlement.


* Maintain and reconcile accounts payable accounts and standard reports.


* Assist with month-end and year-end close activities following Bank policies.


* Use a variety of software applications to prepare reports, g...