Financial Analyst II

Company Federal Reserve Bank of Minneapolis Join our cross-divisional team as a finance professional. In this role, you will apply your expertise in expense processing, accounts payable, and accounting principles and best practices. We are looking for someone with a demonstrable ability to use finance and accounting technology, as well as excellent interpersonal communication skills to collaborate effectively. The Federal Reserve Bank of Minneapolis - The Financial Support Office (FSO) Financial Management Shared Services Center (FMSSC) team is looking for a Financial Analysts. Reporting to FMSSC Management, you will work under general directions to identify moderate to complex problems and assignments. This position will work for the End-to-End Accounts Payable Shared Service team. This is not a remote position and requires a regular on-site presence. This is not a remote position and requires a regular on-site presence. As a Financial Analyst II (FAII) in our End-to-End Accounts Payable Shared Service team: You will support the System's compliance functions and handle most issues independently but may receive guidance and direction from management based on level of experience and role. Communicate frequently with internal and external customers and team members as processing changes/decisions may affect other work in the area. Perform a variety of tasks, data analytics, compliance reviews, routine processes and handle responsibilities requiring experience and judgement. Build knowledge of the company, processes, and customers. Solve a range of straightforward to more complex problems; analyze possible solutions using standard procedures or identifies innovative solutions. Participate in daily operational activities including: Analyze expense processing including obtaining proper authorization for disbursements related to the Bank's non-po invoices, discretionary, and purchase card transactions and reviewing compliance and taxation for the related transactions. Apply accounts payable and accounting principles, practices, and techniques to classify and analyze accounts payable data and transactions from multiple sources. Perform problem resolutions, including analysis, reporting, troubleshooting, cause identification and corrective actions related to processes. Interact and communicate with internal and external customers, including routine to intermediate analysis/reports and presentations, and maintain effective working relationships with stakeholders. Work with business areas to accelerate the resolution of aged invoices. Work directly with Procurement and suppliers to troubleshoot invoice and/or purchase order issues to ensure timely settlement. Maintain and reconcile accounts payable accounts and standard reports. Assist with month-end and year-end close activities following Bank policies. Use a variety of software applications to prepare reports, graphs, and charts for all levels of management. Research and assist with evaluation of processes to provide recommended improvements/standardization to improve the efficiency/effectiveness of accounts payable systems and policies. Participate in accounts payable projects, providing knowledge to develop and recommend accounting methods and procedures. Participate in the development, implementation and maintenance of systems, procedures, and policies to ensure adherence to the FRS guidelines and policies. Assist in the planning and development of training materials and PowerPoint presentations for various processes/tasks. The above responsibilities are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities of personnel. To be considered for the Financial Analyst II role, you must meet one of the following qualifications: Completed BA degree in accounting, finance, or a directly related field and a minimum of 2 years of professional experience in accounting, preferably a Shared Services or consolidated environment. Accounts Payable certification (APS) is a plus. Additional Qualifications: Proficient in the use of Word, PowerPoint, Excel, or similar reporting tools. Experience with Workday and Ariba preferred but not required. Excellent interpersonal and customer service skills. Demonstrate strong analytical, written, and oral communication skills. Demonstrate the ability to establish and maintain an effective working relationship with staff and all levels of management. Demonstrate the ability to collaborate and work as a team player. Takes the initiative to follow through on assignments or tasks. Demonstrate aptitude to leverage relevant technology and software applications. Excellent attention to detail. Use time effectively/efficiently, sets priorities with ability to multi-task. Accountable, responsible and strives to meet deadlines. Demonstrate openness to change, flexibility and adaptability. Ability to handle stress, pressure, and work in a fast-paced environment. Ability to assimilate and apply new information quickly. Ability to analyze moderately complex problems and assignments. Previous experience with data analytics, mining, and visualization a plus. Previous project management experience a plus. Salary: Minneapolis Full Salary Range: $62,000-$77,508-$93,000. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.  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) 401(k) match, and a fully funded pension plan Paid time off and holidays Free public transportation passes Annual educational assistance On-site fitness facility Professional development programs, training, and conferences And more… The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons, and we work together to pursue an economy that works for all of us. 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 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. Privacy Notice OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels. Please check back later for more information on available job opportunities.

Salary : $62,000 - $77,508