Posted in Education about 2 hours ago.
Type: Full-Time
Location: New York, New York
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.
Your role as Business Line Finance Associate:
Reporting to the Business and Finance Partner Manager, you will partner with business leaders by providing financial and business guidance supported by data and analytics and work with other finance personnel throughout the Bank.
You will provide finance support by interpreting, reporting, and forecasting financial and business-related activities within the Bank. You will help develop annual operating budgets, coordinating across the Bank to develop controls designed to comply with the Federal Reserve System's cost accounting requirements, and act as a trusted financial partner to other departments. In addition to budgeting/forecasting, reporting and analytical responsibilities mentioned above, the selected individual will interact with senior management of CG and assist with special projects to advance departmental goals.
Provide support in all aspects of financial management reporting including the development of annual operating budgets, forecasting, and the monthly reporting of the financial results
Provide accurate historical and projected financial and operational information through financial model creation
Maintain a working knowledge of all CG Functions, their operations strategies, challenges, and resource needs
Provide consultative finance and support and partner with businesses to help them think about resource allocations, investment prioritization, and trade-offs
Lead creation of budgets and management reporting, cost benefit analysis, and forecasts
Lead the preparation and presentation of customized ad hoc analyses to meet client needs. This includes preparing formal presentations for multiple levels of audiences
Participate in meetings, tasks forces and workgroups pertaining to relevant issues, including conducting research, providing information, and preparing formal reports and recommendations for multiple levels of audiences
Support compliance with district and System policies, standards, and procedures
Implement operational improvements and business process re-engineering strategies to enhance department performance, manage risk, and benchmark to industry best practices
Recommend changes to maximize operational effectiveness and promote accomplishment of goals
What we are looking for:
Experience in financial reporting and forecasting
Knowledge and application of cost accounting, budgeting, forecasting, and financial control procedures
Strong relationship management skills
Proficient in working with different systems to retrieve, synthesize, and analyze data
Working knowledge of Workday and Workday Adaptive is preferred.
Application Deadline: Monday, September 23th 2024
Salary Range: $120000 - $150000 / 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
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 ny.leaves@ny.frb.org 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.
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.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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