Lead Financial Officer - Corporate Group New York City, NY

Lead Financial Officer - Corporate Group

• Company

  Federal Reserve Bank

• Location

  New York City, NY

• Compensation

  Not Specified

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  Feb 15, 2013

• eFC Ref no

  1168979

The Federal Reserve Bank of New York is seeking an experienced Finance professional to partner with   assigned business area(s) and deliver strategic and tactical financial management capabilities. You will lead all activities which support the financial, accounting, and control related matters that impact business decisions.

The Federal Reserve Bank of New York is seeking an experienced Finance professional to partner with   assigned business area(s) and deliver strategic and tactical financial management capabilities. You will lead all activities which support the financial, accounting, and control related matters that impact business decisions. You will serve a key leadership role by providing financial perspectives in the development of business strategies, optimizing the Bank's resources, and delivering analytical capabilities that influence decisions.

Responsibilities:

• A proactive partner that is seen as a trusted strategic member of the business line leadership team.  You will report directly into the Business Line CFO, while also being accountable to business executives to deliver strategic value by working with business areas to determine their strategic and analytical needs;

·         Have a strong understanding of business issues, requirements, drivers, and interdependencies. In particular, role will include active oversight into the Bank's benefit accounting by ensuring strong controls, analysis, and reporting;

• Partner closely with business leaders to define business requirements and make recommendations, deliver innovative ad-hoc analysis that allow leaders to evaluate alternatives and impacts that inform business decisions through a financial perspective at the business, Bank, and System levels;
• Direct and lead all aspects of business & financial analysis, accounting, and financial control related matters;
• Develop and implement practical ideas to enhance risk controls;
• Promote fiscal responsibility of Bank resources. Develops and implements ideas for reducing costs and increasing efficiencies leveraging process re-engineering principles. Must be able to develop, design, and execute leveraging industry best practice;
• Provide financial analysis that drives business decisions by providing transparency into investment alternatives, cost-benefit analysis, return on investment scenarios, SWOT, etc;
• Ensures compliance of financial and GAAP accounting policies and procedures by leveraging accounting policy team and ensures financial controls and fiscal discipline are being adhered to.

•  Identifies and reviews key business risks and develops strategies to minimize financial risks; Collaborate and work across Business line CFOs and central finance to provide consistent communications, consistent application of programs and processes, and knowledge sharing across the business areas at the Bank; Collaborate to ensure processes and products are best in class;

·         A senior finance and accounting professional with a minimum of 10-15 years of experience in progressively responsible financial leadership roles;

·         Highly proficient in finance, accounting, budgeting, and control principles, including GAAP. Knowledge of automated financial and accounting reporting systems;

·         Demonstrated track record of leveraging your exceptional relationship skills.

·         Proven abilities in promoting financial stewardship and creating a climate of risk control.

·         A high level of professional acumen based on insights and observations drawn from experience as well as an intuitive and sound approach to decision-making in an accurate and timely manner;

·         Proven ability to present and implement creative solutions to wide range of complex business problems;

·         Ability to conduct analysis on a variety of financial and business related issues and turn data into information that persuades and influences decision-makers;

·         Seasoned leader who is effective at leading and facilitating organizational change through continuous improvement, talent development, and technology enablement;

·         Demonstrated outstanding relationship management skills including the ability to build consensus among multiple stakeholders, influence and negotiate effectively;

class="MsoListParagraphCxSpMiddle">·         Proven track record and experience working in a matrix reporting environment; Ability to motivate teams directly and indirectly to produce quality materials within tight timeframes and simultaneously manage several projects;

·         Ability to participate and facilitate group meetings and influence those not under your direct authority;

·         Demonstrated finance project management experience and ability to successfully handle multiple competing priorities;

·         Exceptional presentation, written communication and interpersonal skills for a variety of audiences.

Education Required:

CPA, CFA, or CMA highly desirable and other relevant financial and accounting experience