Senior Accountant

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

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 work environment where you can truly find balance.

About the Opportunity  

The Corporate Accounting Department has an immediate opening for a Senior Accountant, reporting to the Senior Manager of Accounting and Finance.

The accountant’s role will be to ensure accurate and timely accounting processes in a strong control environment.  This role will assist with supporting the Federal Reserve System which includes National IT.  Therefore, this is a great opportunity to utilize IT accounting knowledge including software development and skills applicable to technology projects and considerations.

What You Will Do: 

In accordance with Generally Accepted Accounting Principles (GAAP) standards, Federal Reserve policies, and best practices:


* Record capital assets and verify expenditures.


* Develop, prepare, maintain, and reconcile accounting and fixed asset ledgers.


* Prepare, review, and analyze complex accounting records, financial statements, and other large scale financial activities.


* Interpret contract language to determine the proper accounting treatment of transactions as it relates to GAAP and FRB accounting guidelines.


* Analyze business operations, trends, and financial commitments to project future outcomes.


* Identify and address discrepancies and irregularities and implement solutions as appropriate.


* Clarify, implement, and document procedures, e.g., treatment of labor capitalization, cloud-transition costs, and software accounting.


* Provide guidance and direction to team members, partners, and customers on accounting issues.          


* Project assignments which require planning, research, and analysis.


* Investigate a broad spectrum of accounting issues, developing explanations of financial performance and other complex financial reports, participates in coordinating quarterly and/or annual reporting efforts


* Other duties as assigned or requested.

Qualifications:  


* Minimum 5-9+ years of relevant work experience


* Minimum of 5 years working with GAAP.


* Bachelor’s degree in accounting or related field required, MBA or advanced degree preferred.


* CPA preferred.
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