Corporate Reporting Associate

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.  

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do:

The Corporate Controllers team is part of the Controllers Function in the Corporate Group. The team is responsible for ensuring compliance with accounting policies, maintaining highly controlled financial reporting processes, and providing consistent and high-quality accounting support that is responsive to the needs of the Bank. As a member of the Corporate Controllers team, this professional will be part of a team reporting directly to the manager for Corporate Controllers. The professional will interact with all levels of the Bank’s management as well as other Federal Reserve Banks in a variety of matters related to the transaction, policy, and controls for accounting and reporting topics.

Your role as Corporate Reporting Associate:

• Responsible for ensuring integrity of the Bank’s financial reporting obligations, including reconciliations, and associated analysis.
• Subject matter expert on financial reporting policies and processes. Interpret and apply policies and procedures; understand the complexity of the flow of data amongst the various systems involved in financial reporting processes.
• Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts and document business transactions.
• Provide training and interpretations to new employees/business areas on accounting-specific policies; address complex questions from business areas.
• Recommend operational improvements and business process re-engineering strategies to enhance department performance, manage risk, and benchmark to industry best practices.
• Support department management in their leadership of and participation in Bank or System meetings, tasks forces, workgroups, etc., pertaining to issues relevant to department functions.
• Contribute to the department strategic plan. Actively engage in strategic planning discussions, proposing short- and long-term plans in discussion with the department leadership team.
• Respond to the more complex inquiries from and staff of different Groups and other Federal Reserve Banks.
• Compose and prepare critical correspondence, and reports of the Department.
  
  

What we are looking for:

• Strong background in accounting operations, financial reporting, accounting policy, and internal controls
• Proficient in Microsoft Excel and Adobe Acrobat; experience with Alteryx, Workday, or Workiva a plus
  
  

Salary Range: $110000 - $130000 / year 

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions. 

 

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. 

 

Benefits: 

Our organization offers benefits that are the best fit for you at every stage of your career: 

• Fully paid Pension plan and 401k with Generous Match 
• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA) 
• Subsidized Public Transportation Program 
• Tuition Assistance Program  
• Onsite Fitness & Wellness Center 
• And more 
  
  

 

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. 

 

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service. 

 

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.  

 

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change. 

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.

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