Financial Accounting & Reporting Assistant Vice President in Richmond, Virginia

Federal Reserve System


Federal Reserve Financial institution of Richmond

On the Richmond Fed, we’re pushed by our mission to strengthen the financial system and our communities. We take nice satisfaction in what we do, and it impacts on a regular basis folks day-after-day. Once you be a part of our group, you’ll grow to be a part of a tradition that welcomes variations, cares about our communities, and empowers one another to steer from the place we’re to make issues higher.

Convey your ardour and experience, and we’ll present the alternatives that can problem you and propel your progress—together with a variety of advantages and perks that assist your well being, wealth, and life. Along with aggressive compensation, we provide a complete advantages package deal that features tuition help, beneficiant paid day without work, top-notch well being care advantages, youngster and household care depart, skilled growth alternatives, a 401(ok) match, pension, and extra. All introduced collectively in a versatile work atmosphere the place you’ll be able to really discover steadiness.

Concerning the Alternative

Reporting to the Chief Monetary Officer, the Monetary Accounting and Reporting Assistant Vice President (AVP) will lead the Monetary Accounting and Reporting group in how we proceed to remodel our accounting perform after the latest implementation of a brand new enterprise useful resource planning (ERP) platform. This chief together with their group, work intently with District enterprise traces, System workgroups, the Board of Governors, and each our inside and exterior audit groups to make sure the accuracy of our monetary reporting and the inner controls over our monetary statements. The Monetary Accounting and Reporting AVP can be forward-looking and pro-active, driving for outcomes whereas actively teaching and managing expertise.

What You Will Do

  • Oversees the accounting perform that assist the Federal Reserve Financial institution of Richmond and the Federal Reserve System’s nationwide data know-how group.

  • Guarantee well timed and correct accounting operations and monetary assertion preparation in accordance with compliance requirements, together with all features of accounting operations, belongings and capital reporting, payroll and profit accounting, monetary assertion footnotes and different reporting and evaluation as wanted.

  • Advance and preserve an efficient inside management atmosphere with supporting coverage and course of documentation.

  • Construct resiliency and effectivity by means of automation and cross-training.

  • Interact throughout capabilities, Federal Reserve organizations, in addition to inside the group, to grasp altering enterprise demand and establish and implement course of enhancements.

  • Assess the expertise inside the groups, recruit, develop and preserve an agile workforce by means of succession planning and profession pathing.

{Qualifications} and Issues

  • 5+ years of related management expertise, together with constructing a cohesive, efficient, and artistic group.

  • Confirmed document of efficiently driving and main by means of change

  • Means to attain leads to a multi-functional, complicated organizational construction with quite a few various enterprise prospects.

  • Distinctive problem-solving expertise, willingness to take possession of points and drive for decision.

  • Robust communicator with skill to successfully convey complicated points to a wide range of stakeholders.

  • Wonderful relationship administration expertise to successfully companion with senior leaders and enterprise traces.

  • Means to navigate complicated conditions and decide a path ahead with proactive enter.

  • Observe document of delivering well timed and correct outcomes with robust consideration to element.

  • Means to take care of a optimistic group tradition with a customer-service mindset in a dynamic atmosphere.

  • Historical past of profitable expertise growth, workforce administration, and succession planning.

  • CPA and/or MBA most well-liked.

Different Necessities and Issues

  • Candidates ought to overview the Financial institution’s Worker Code of Conduct to make sure compliance with conflict-of-interest guidelines and private funding restrictions.

  • For those who want help or an lodging as a consequence of a incapacity, please notify [email protected].

  • No Key Level: Sponsorship shouldn’t be obtainable for this position. Chosen candidate is topic to particular background test procedures.

  • The hiring vary of the Assistant Vice President is $151,900 – $208,890 yearly.

  • Wage provided can be based mostly on the job tasks and the person’s data, expertise, and expertise as outlined within the job {qualifications}.

  • Purposes are reviewed on a rolling foundation. candidates are strongly inspired to use by December 11, 2023.

Full Time / Half Time

Full time

Common / Short-term


Job Exempt (Sure / No)


Job Class


Work Shift

First (United States of America)

The Federal Reserve Banks imagine that range and inclusion amongst our workers is important to our success as a company, and we search to recruit, develop and retain probably the most gifted folks from a various candidate pool. The Federal Reserve Banks are dedicated to equal employment alternative for workers and job candidates in compliance with relevant legislation and to an atmosphere the place workers are valued for his or her variations.

Privateness Discover (

OUR BANK has one of the crucial recognizable manufacturers around the globe. The Federal Reserve is the central financial institution of the US—one of many world’s most influential, trusted and prestigious monetary organizations. The Federal Reserve is charged with the necessary mission of selling a powerful financial system and a secure monetary system and fulfills this duty by formulating nationwide financial coverage, supervising and regulating banks and financial institution holding firms, and offering monetary companies for banks and the U.S. authorities.

OUR PEOPLE are various in background and concepts, which permits for ongoing creativity and innovation. Finally, they’re those who push our high-performance, exchange-driven tradition ahead.

Why Our Individuals Select Us:

Our popularity precedes us

There’ll all the time be room for private progress

Our individuals are first

You’ll discover the correct steadiness

Your tasks can be significant

We hope that you may be our future colleague.

Apply Now

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