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Job Details

Senior Financial Analyst

Company name
Federal Reserve Bank of Chicago

Location
Chicago, IL

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Description

Job Summary:

Supports the core business activities of Financial Management (Cost Accounting, Budgeting and Forecasting) by performing daily activities of a complex nature including financial analysis, performance reporting, and collaboration with stakeholders. The senior financial analyst also ensures compliance with budget guidance, cost accounting rules, Federal Reserve System policies and Standard Operating Procedures. The level of work required is considered advanced and staff must be able to work under minimal supervision. This job does not have any direct reports.

Principal Duties and Responsibilities:

Conducts analysis of complex budget, forecast, and cost accounting data

Performs daily and monthly operational tasks for forecasting and cost accounting functions

Ensures daily operations of core functions are consistent with established policies, procedures and controls

Provides policy consultation and guidance related to business units and various leadership levels in the organization

Provides complex analytical support to produce performance reporting and management presentations

Fields, researches, and responds to complex inquiries regarding Federal Reserve System or local Reserve Bank policies

Actively contributes and/or leads in preparing the districts budget document

Leads District and System wide testing of accounting and financial applications

Works with internal/external auditors and Board of Governor staff to provide information and documentation

Leads projects to adopt policies, improve processes and/or strengthen the control environment

Leads cross-functional teams within the division or across the bank

Actively supports or leads Federal Reserve System workgroups

Leads training efforts for the department

Serves as an informal mentor for team members

Performs other duties as assigned

Education and Experience:

Bachelors degree in Finance or Accounting or equivalent experience as noted below

5 to 7 plus years of direct work related experience coursework in Finance and/or Accounting beneficial

Knowledge and Skills:

Possesses and applies broad knowledge of principles, practices, and procedures in the field of specialization

Demonstrates strong critical thinking and decision-making capability

Demonstrates strong written and verbal communication skills

Possesses strong analytical skills and ability to apply, interpret, and explain analysis of complex financial data

Ability to perform complex, independent research and create high-quality narratives and presentation materials

Demonstrates capacity to work well in a team environment

Proficient knowledge of current technology and software applications, including ability to create and modify complex spreadsheets in Microsoft Excel

Other Requirements and Physical Requirements

This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employees responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

Company info

Federal Reserve Bank of Chicago
Website : http://www.chicagofed.org

Company Profile
The Chicago Fed serves the Seventh Federal Reserve District, an economically diverse region that includes all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin. The Seventh District has a large national share of many important economic sectors. The Chicago Fed has a head office in Chicago and a branch office in Detroit. We serve the public interest by fostering a strong economy and promoting financial stability. We accomplish this with talented and innovative people working within a collaborative and inclusive culture.

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