Accountant

The Federal Reserve Bank of Chicago is seeking an Accountant to join its Corporate Accounting and Compliance team. The role supports daily general accounting, financial reporting, compliance activities, reconciliations, journal entries, and cross-functional process coordination while ensuring accuracy and adherence to GAAP and Federal Reserve policies.

What you'll do:

• Under limited supervision, perform general accounting activities including the preparation, maintenance, reconciliation of ledger accounts and financial statements
• Prepare monthly, quarterly, and ad hoc journal entries and general accounting tasks. Help identify and address discrepancies and irregularities and implement solutions as appropriate
• Perform a variety of routine and moderately complex review functions, ensuring compliance with Generally Accepted Accounting Principles (GAAP) standards, Federal Reserve policies, and best practices
• Assist with compliance functions including supporting the Bank’s SOX/COSO area
• Participate in daily assignments and cross-functional workgroups, as applicable, partner with other departments and Districts to ensure shared transactions/processes are completed accurately and timely, communicate effectively with all partners to ensure transactional integrity and issue resolution
• Build relationships with internal business stakeholders and participate in regular touchpoints with business areas
• Prepare, review, and analyze accounting records, and other financial reports
• Perform other duties as assigned or requested

What they're looking for:

• Minimum 1 year of relevant work experience
• Bachelor's degree in Accounting or related field required
• Knowledge of and ability to interpret and apply Financial Accounting Manual (FAM) guidelines and Generally Accepted Accounting Principles (GAAP)
• Analytical and problem-solving ability appropriate for subjects and issues of moderate complexity
• Acute attention to detail with a high degree of data accuracy and integrity
• Strong oral and written communication, ability to work on required information and concepts with people at all levels of the organization
• Strong interpersonal skills and ability to work with people at all levels of the organization
• Proficient computer skills including Microsoft Outlook, Word, Excel, and PowerPoint, along with several other software applications as needed for the role
• Ability to provide accurate training and guidance on financial compliance and use of accounting/financial tools
• Strong time management skills, ability to organize your time appropriately
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
• Location: In office posture: This role is expected to be on-site in the Chicago office

Benefits:

• Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
• A continuous learning environment with opportunities to gain new skills and grow your career
• The Chicago Fed offers benefits to support overall health and financial security
• Hybrid work model