Accountant - Senior and Intermediate

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 leading tech professionals to strengthen and protect our economic, financial and payments systems.

We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic team for our future.

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 immediate openings for a Senior and Intermediate Accountant.

The accountant’s role will be to ensure accurate and timely accounting and reporting processes in a strong control environment. These roles will assist with supporting the Federal Reserve System which includes System IT.

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:  


* 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 


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


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


* Record capital assets and verify expenditures. 


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


* Perform standard monthly accrual journal entries and reporting, and/or ad-hoc project assignments which require planning, research and analysis. 


* 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, a...