Information Technology (IT) Financial Analyst

Company
Federal Reserve Bank of Chicago
Support the primary business activities of Financial Management (Cost Accounting, Budgeting and Forecasting) by performing daily activities of a moderate to complex nature including financial analysis, performance reporting, and collaboration with partners. Ensure compliance with budget guidance, cost accounting rules, Federal Reserve System (FRS) policies and standard operating procedures. Provide financial statements for the leadership team and help deliver finance-related presentations to management level. The level of work required is considered intermediate and staff will work with support. This job has no direct reports. You will report to the Manager of IT Project Management.
You will:

• Support the primary business activities of Financial Management (Cost Accounting, Budgeting and Forecasting) by performing daily activities of a moderate to complex nature including financial analysis, performance reporting, and collaboration with partners.
• Ensure compliance with budget guidance, cost accounting rules, Federal Reserve System (FRS) policies and standard operating procedures.
• Provide financial statements for the leadership team and help deliver finance-related presentations to management level.
• Perform budget preparation activities, support the budget process, and conduct expense trend analysis.
• Provide financial analysis, monthly budget reporting, moderately complex forecasts, variance analysis, financial modeling and summary reports.
• Audits invoices for payment and ensures compliance with all internal and external procedures.
• Help develop pricing models and chargeback schemes for department services.
• Develop and deliver less complex finance-related management reports and presentations.
• Maintain a knowledge of current and changing technology platforms and PACS rules and procedures.
• Be the department liaison between partners and the Bank Finance department Processes financial transactions and approve requisitions in the financial system.
• Participate and assists in projects to adopt policies, improve processes and strengthen the control environment
• Evaluate and may redefine operating procedures.
• Establish business relationship with partners.

Your background:

• Bachelor's degree in Finance or Accounting or equivalent experience as noted below
• 2 to 5 plus years of professional work experience; coursework in Finance and Accounting beneficial
• Possesses and applies broad knowledge of principles in the field of specialization.
• Possess ability to apply, interpret, and explain analysis of financial data
• Ability to perform moderately complex, independent research and create high-quality narratives and presentation materials
• Demonstrate capacity to work well in a team environment
• Proficient knowledge of current technology and software applications, including ability to create and modify moderately complex spreadsheets in Microsoft Excel

Other Requirements:

• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
• This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

What We Offer:

• Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off and transit benefit.
• A continuous learning environment with opportunities to gain new skills and grow your career.
• Onsite gym and subsidized cafeteria

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Information Technology
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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