Federal Reserve Board
Washington, District of Columbia

Associate Director, Accounting and Financial Operations- Division of Management & Financial Services

OnsitePosted yesterday

Job details

Location
Washington, District of Columbia
Work type
Onsite
Posted
yesterday
Apply on
frbog.taleo.net

About this role

SUMMARY
Reports to the Deputy Director and provides leadership for Accounting and Financial Reporting, Payroll, Travel, and Accounts Payable operations. Ensures these teams operate efficiently and deliver high-quality service while maintaining rigorous internal controls over financial reporting. Stays informed of changes in the operating environment and adjusts strategies to maintain effective operations. Ensures all services comply with relevant laws, regulations, policies, and procedures. Applies project management best practices across all functional activities and maintains quality standards for all deliverables.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

•    Provides leadership and oversight of Accounting and Financial Reporting, Accounts Payable, Travel, and Payroll operations within the Management & Financial Services division and across the Board. Ensures accurate receipt and disbursement of funds and preparation of internal and external accounting reports with appropriate internal controls.
•    Oversees preparation of financial statements and reports and presentations to the Board's Chief Financial Officer, Chief Operating Officer, Office of Inspector General, and external auditor
•    Ensures accounts payable, travel reimbursements, and bi-weekly payroll are processed accurately, timely, and in compliance with applicable requirements. Oversees vendor management for Board travel and payroll service providers. Provides direction for Board-wide programs including transportation subsidies, relocation, and System Interchange.
•    Ensures the Board complies with applicable accounting standards and maintains effective internal controls over financial reporting. Stays current on relevant rules, regulations, policies, and economic, political, and social trends that affect the organization.
•    Contributes to the division's strategic planning and program development. Implements programs that support Board objectives and enhance division integration. Builds and sustains a culture of integrity, ethical values, and high-quality service.
•    Develops staff capabilities by aligning development activities with evolving needs of the function, division, and Board. Provides coaching, feedback, and support to enable strong performance.

OFFICER AND INTERNAL MANAGEMENT RESPONSIBILITIES:
•    Acts as responsible steward to the function(s), Division, and Board by demonstrating proficiency in the Board’s espoused competencies.
•    Balances and mitigates key organizational and functional risks where appropriate and develops and executes sustainable risk mitigation strategies.
•    Fosters a continuous learning culture.
•    Exercises appropriate judgment and decision-making in complex situations.
•    Demonstrates innovation and thought leadership relevant to future-state organizational and functional people strategies.
•    Demonstrates strong leadership and management skills aligned to the Board’s espoused values.
•    Keeps skills and knowledge current and aligned to best practices relative to key rules, regulations, and policies, as well as economic, political, and social trends that affect the organization. Understands near-term and long-term needs for the organization and determines how operations should be positioned to meet such needs.
•    Demonstrates proficiency in political savvy, organizational savvy, and interpersonal communication skills.
•    Provides guidance, coaching, and feedback to, and conducts performance reviews for managers and other direct reports and ensures same is provided to all function staff.
•    Responsible for accomplishing approved program objectives for area(s) of responsibility within the financial and personnel resources allocated by the Board and the division's senior management.
•    Participates in the development of the division’s strategic plan, goals, and budget. Recommends program objectives and their priorities for area(s) of responsibility.
•    Recommends personnel actions involving promotions, reclassifications, merit increases, and reassignments or separations in area(s) of responsibility.

POSITION DEMANDS:
•    Ability to exercise independent and sound judgment in establishing objectives for assigned area(s) of responsibility that provide support and services for the divisions and Board’s missions.
•    Ability to translate customer service and organizational development theories and best practices into effective strategies for adoption in area(s) of responsibility to achieve and maintain high levels of customer service.
•    Ability to communicate effectively, both orally and in writing, to the Board and individual members thereof, senior Board staff, other Board and Reserve Bank staff, and staff at other government agencies and in the private sector on complex and technical matters.
•    Ability to be an effective spokesperson and advocate for the Board and the division in outside contacts, which may involve significant business dealings. 
•    Ability to operate under pressure to meet deadlines accurately and in a timely manner.

STAKEHOLDER CONTACTS:
•    Has regular contact with all staff in the function(s) to stay connected to the pulse of the division, provide leadership, and act as a role model.
•    Has frequent contact with senior staff and other professionals in the division, elsewhere at the Board, and the Reserve Banks regarding matters pertaining to area(s) of responsibility.
•    Has frequent contact with members of the Board, both in discussions and through memoranda, regarding matters pertaining to area(s) of responsibility.
•    Has frequent contact with individuals from other federal agencies, international organizations, and in the private sector regarding the subject matters in area(s) of responsibilities.

BOARD COMPETENCIES:
•    Decision Quality: Makes timely, thoughtful, strategic decisions.
•    Learning Agility: Takes responsibility for building organizational agility.
•    Drive for Excellence: Delivers results by developing shared vision and direction for the organization.
•    Perspective and Strategic Agility: Leads and acts with the future in mind.
•    Collaborative Relationships: Sets the tone for collaborative organization.
•    Effective Communication: Effectively speaks and acts on behalf of the Board.

KNOWLEDGE, SKILLS AND ABILITIES:
•    Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills.
•    Demonstrated experience and commitment to fostering collaboration and employee engagement.
•    Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations.
•    Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands.  Must be able to anticipate and meet the clients’ needs while maintaining high-quality end products.
•    Exceptional organization savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams and strengthen teams, diminishing organizational silos, and facilitating effective group and team dynamics.
•    Ability to communicate effectively, both orally and in writing, with all levels of staff and management.

MINIMUM QUALIFICATONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This role requires a bachelor’s degree or equivalent experience in fields of study such as Accounting, Business Administration or a related field and licensure as a Certified Public Accountant (CPA).
Experience:
12+ years of professional experience 
7    years in a leadership or management role
Demonstrated expertise in leading people, including setting strategy, aligning performance expectations, providing clear and actionable feedback, and developing people. 
Ability to lead and manage staff and projects effectively, set priorities, assess objectives, and make budgetary recommendations.

This position is located on-site in Washington, DC.
 


We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, pregnancy, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.



Job Details
Primary Location: US-DC-Washington
Employee Status: Regular
Overtime Status: Exempt
Job Type: Standard
Relocation Provided: Yes
Compensation Grade Low: FR PAY GRADE D2
Compensation Grade High: FR PAY GRADE D2
Posting Date: Jul 20, 2026, 12:00:00 AM
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About Federal Reserve Board

Federal Reserve Board
Washington, District of Columbia