Richmond, VA
Full time
R-0000033114
Company
Federal Reserve Bank of Richmond
When you join the Federal Reserve-the nation's central bank-you'll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we're building a dynamic team for our future.
Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth-along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a work environment where you can truly find balance.
About the Opportunity
The Corporate Accounting Department has immediate openings for a Senior and Intermediate Accountant. The accountant's role will be to ensure accurate and timely accounting and reporting processes in a strong control environment. These roles will assist with supporting the Federal Reserve System which includes System IT. This is a great opportunity to utilize IT accounting knowledge including software development and skills applicable to technology projects and considerations.
What You Will Do:
In accordance with Generally Accepted Accounting Principles (GAAP) standards, Federal Reserve policies,
and best practices:
Investigateabroadspectrumofaccountingissues,developingexplanationsoffinancialperformanceandothercomplex financial reports,participatesin coordinating quarterly and/or annual reporting efforts
Prepare,review,andanalyzecomplexaccountingrecords,financialstatements,andotherlargescalefinancial?activities.
Develop,prepare,maintain,andreconcileaccountingandfixedassetledgers.
Recordcapitalassetsandverifyexpenditures.
InterpretcontractlanguagetodeterminetheproperaccountingtreatmentoftransactionsasitrelatestoGAAPandFRB accounting guidelines.
Perform standard monthly accrual journal entries and reporting, and/or ad-hoc project assignments which require planning, research and analysis.
Analyzebusinessoperations,trends,andfinancialcommitmentstoprojectfutureoutcomes.
Identifyandaddressdiscrepanciesandirregularitiesandimplementsolutionsasappropriate.
Clarify,implement,anddocumentprocedures,e.g.,treatmentoflaborcapitalization,cloud-transitioncosts,andsoftwareaccounting.
Provideguidanceanddirectiontoteammembers,partners,andcustomersonaccountingissues
Projectassignmentswhichrequireplanning,research,andanalysis.
Otherdutiesasassignedorrequested.
Qualifications:
The Intermediate level Accountant will have 3 to 5 years of relevant experience, and the Senior level Accountant will have a minimum of5 to 9+yearsofrelevantworkexperience
Minimumof 3yearsworkingwithGAAP.
Bachelor'sdegreeinaccountingorrelatedfieldrequired,MBAoradvanceddegreepreferred.
CPApreferred.
Organizedanddetail-orientedwithahighdegreeofdataaccuracyandintegrity.
Excellentanalyticalandproblem-solvingabilityappropriateforsubjectsandissuesofmoderatecomplexity
Discover the Reason Why So Many People Love It Here!
When you join the Richmond Fed, not only will you find a challenging and purposeful career, you'll also have access
to a wide range of benefits and perks that support your health and wealth, including:
Greatmedicalbenefits
Pensionand401(k)withemployermatch
Paidtimeoff
Tuitionreimbursement
Paidvolunteerleave
Onsiteamenitiesthatmakeworkingherefun!
Other Requirements and Considerations:
Candidatesshouldreviewthe Bank's Employee Code of Conduct toensurecompliancewithconflict-of-interestrulesand personal investment restrictions.
Ifyouneedassistanceoranaccommodationduetoadisability,pleasenotifyrich.recruit@rich.frb.org (rich.recruitment@rich.frb.org) .
Sponsorshipisnotavailableforthisrole.Selectedcandidateissubjecttospecialbackgroundcheckprocedures.
Thehiringrangeofthe Intermediate Accountant is $65,000 - $89,600 annually, and the hiring range for the SeniorAccountantis$80,400-$110,500 annually.
Salaryofferedwillbebasedonthejobresponsibilitiesandtheindividual'sknowledge,skills,andexperienceasdefinedinthe job qualifications.
Interestedcandidatesarestronglyencouragedtoapplyby September 10, 2026.Applicationsarereviewedonarollingbasis.
Alwaysverifyandapplytojobson Federal Reserve System Careers orthroughverifiedFederalReserveBanksocialmediachannels.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Accounting/Finance Family Group
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 (https://www.kansascityfed.org/documents/7797/Workday\Privacy\Notice.pdf)
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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
Please check back later for more information on available job opportunities.
