Senior Financial Analyst, Federal Reserve Bank of Chicago

FM Senior Financial Analyst-223221
Federal Reserve Bank of Chicago
Primary Location IL-Chicago
Full-time / Part-time Full-time
Employee Status Regular
Overtime Status Exempt
Job Type Experienced
Travel No
Shift Day Job
Posting Dates Jul 15, 2011-Ongoing

Description
Job Summary:
Responsible for performing and documenting the most complex financial and budget analyses, ensuring compliance with financial and cost accounting rules and Federal Reserve System policies and Standard Operating Policies. Leads complex financial analysis projects. Compiles or prepares reports, graphs and charts of data developed. Prepares forecasts and analyzes trends. Evaluates complex financial analysis calculations, assesses division and/or departmental budgets and prepares financial statements. Assists department with administrative, technical and procedural support relating to accounting and financial management functions. Monitors departmental performance measures to identify performance gaps. Participates in district or System workgroups. May provide training and mentoring to other staff. 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:
* Essential Duties
Performs complex financial and budget variance analysis, expense and capital budget forecasting for various levels of the organization
Prepares financial statements and reports with analysis and narrative
Leads/participates in projects to ensure that an adequate control environment is in place
Prepares budget analyses and assists in the development of the District's annual budget document and financial plan
Assists in the preparation of the District's budget transmission to the Board of Governors
Analyzes financial results, prepares variance explanations and assists in the development of the monthly financial statements and management briefing material
Reviews and assesses District and/or departmental budgets
Leads District and System wide testing of accounting and financial applications
Leads projects that provide analytical support and ad hoc financial studies and reports for senior Bank and functional management, including coordinates the gathering, compiling, calculating and analyzing of projected/forecasted data
Performs the most complex financial aspects of the financial analysis job family's responsibilities
Responds to department and management questions on policies and/or rules
Assists with the financial aspects of the Bank's performance monitoring and evaluation process
Conducts training for district staff on changes in policies, procedures or rules
Works with internal and external auditors to provide information and documentation
Assists Board of Governors, the District and System groups on projects
Performs other duties as assigned
Qualifications
Position Requirements:

Education & Experience:
Bachelor's degree or equivalent experience as noted below
5 to 7 years of professional work experience in financial field
Coursework in Finance, Accounting, Cost Accounting, Financial Analysis and Statistics
CPA or MBA preferred
Knowledge & Skills:
Knowledge of principles, practices, and procedures of the field of specialization
Demonstrates independent thinking and decision-making abilities
Demonstrates strong written and oral communication skills
Demonstrates strong presentation skills
Demonstrates strong analytical skills
Ability to perform complex and creative independent research
Proficiency with financial modeling tools, current technology and software applications including the ability to create and modify complex spreadsheets (Microsoft applications)
Possesses and applies both specific and broad knowledge of principles, practices, and procedures of the field of specialization to the completion of assignments

http://www.chicagofed.org/webpages/people/jobs/apply.cfm