Company Federal Reserve Bank of San Francisco
We are the San Francisco Fed, public servants with a congressionally mandated mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and we are committed to understanding and serving the vibrant, diverse people of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a team united in its purpose to promote an economy that works for everyone. We empower our people to balance their life and work responsibilities. That's why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others. The Financial Accounting team at the Federal Reserve Bank of San Francisco is looking for a highly motivated and experienced Sr. Accountant to join their team. Do you have a passion for project accounting and financial reporting? Would you like the opportunity to contribute to the organization's strategic projects and initiatives? If so, an exciting opportunity as a Senior Accountant awaits you!
The Financial Accounting team is responsible for ensuring the integrity and accuracy of the Bank's financial statements and the delivery of timely, accurate, and reliable financial information to internal and external customers. Financial Accounting administers accounting policy, monitors for compliance, and provides direction and guidance on accounting-related matters to other areas of the organization.
What you'll do: Manage and report on high priority projects ensuring regular updates to management and key stakeholders; provide consultation to business partners to ensure proper accounting treatment on capital projects
Record and track Bank fixed assets, prepare related accounting entries and financial reports, and provide asset accounting guidance to business partners
Record GL journal entries; ensure GL accounts are reviewed and reconciled in accordance with accounting policies
Lead month-end, quarter-end, and year-end close activities, including annual financial statements and footnote disclosures
Analyze and interpret financial data; present results to management and key stakeholders
Draft, implement, and monitor accounting policies and/or accounting policy changes
Ensure accounting processes are in compliance with the Bank's internal controls; support the department's SOX requirements through the COSO framework
Respond to inquiries from internal & external auditors, Federal Reserve Board of Governors, and other business stakeholders
Prepare ad-hoc reports for management and key stakeholders
Identify and implement operational improvement opportunities
Collaborate with cross-functional teams; participate on project teams/workgroups (local and across the Federal Reserve System)
Required Experience + Traits: Bachelor's degree in accounting, finance, business, or related field
5+ years of accounting experience
Project accounting and/or project management experience
Fixed asset accounting and capitalized labor (software development, construction)
Experience with Workday or other ERP software applications
Strong verbal and written communication skills
Demonstrate an understanding of financial reporting and general ledger accounting; strong understanding of U.S. GAAP
Work effectively under pressure with strong time management skills
Exceptional analytical and problem-solving skills with a high degree of attention to detail and accuracy
Intermediate to advanced proficiency in Microsoft Office applications (Excel, Word, PowerPoint, Visio) and Adobe Acrobat
Ability to streamline tasks through process improvement and automation
Self-starter with a high degree of initiative and sound judgment who can propose recommendations for solutions and resolve issues with minimal guidance or supervision
Desired: Tax accounting (specifically, as it relates to CA business property statement form 571-L)
Accounting certifications
Financial statement analysis including monthly, quarterly, annual variances
Prior experience with SOX/COSO internal control framework
Prior experience preparing annual financial statements and footnotes
Workday, Workiva, Power BI and/or Tableau
Base Salary Range: Min: $87,100.00 - Mid: $113,100.00 - Max: $139,200.00 (Location: San Francisco)
Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with market data.
Benefits At the Federal Reserve Bank of San Francisco, we offer a wonderful benefits package including Medical, Dental, Vision, Pretax Flexible Spending Account, Paid Family Leave Care, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and Retirement / Pension.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
At the SF Fed, we believe in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve. The SF Fed is an Equal Opportunity Employer.
#LI-Hybrid
Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Accounting/Finance Work Shift First (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
