Financial Support Office (FSO) Analyst
Company
Federal Reserve Bank of Boston
As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.
This job is eligible for a hybrid schedule with some on-site work expected.
A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.
The Financial Support Office (FSO) provides financial management leadership for the Federal Reserve Bank System, reporting to the Conference of First Vice Presidents. The FSO is responsible for leading multi-year strategic spending alignment and stewardship, introducing and reinforcing financial and technology disciplines and frameworks, and maintaining the multi-year technology roadmap for the System's portfolio of financial applications and centralized operations.
The FSO Analyst provides internal support to the FSO and is required to ensure complete, high-quality delivery of several work products as directed and assigned. You will be typically assigned output intended for FSO management. Output generally requires review and involves limited judgment/independent thought.
Responsibilities:
- Develop targeted presentation materials and insightful financial performance reporting, ensuring that the output is of high-quality and accomplished within the prescribed timeframe.
- Prepare supplementary financial information for management or stakeholders as requested. Researches and responds to internal or stakeholder inquiries in a complete and timely manner.
- Maintain integrity of internal reporting, which may include reporting on quarterly and annual FSO progress and performance, FSO budgets, forecasts and assumptions, the environment, strategies, and risks of the FSO, and the like.
- Provide analytical support as requested and participate on System workgroups and project teams based on skill match.
- Assist FSO management with ad hoc project coordination, communication, and/or management tasks, as needed.
Qualifications:
- 2 or more years of applicable experience or equivalent skills.
- Knowledge with finance and accounting, forecasting and budgeting, reporting and analysis, Activity-based Costing, project accounting, and cost/benefit analyses.
- Experience with Workday and Adaptive helpful.
- Willingness and openness to learning and development, particularly in the Federal Reserve accounting and general business administration.
- Self-starter/resourceful. Able to follow direction, work independently from a remote location, and deliver high-quality output in a timely manner.
- Can uphold the FSO brand through consistent and positive stakeholder engagement.
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
- Comprehensive healthcare options (Medical, Dental, and Vision)
- 401K match, and a fully funded pension plan
- Paid vacation and holidays; flexible work environment, healthy workflow
- Generously subsidized public transportation
- Annual tuition reimbursement
- Professional development programs, training and conferences
- And more...
The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
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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