Accountant - Senior and Intermediate

Federal Reserve Bank of Philadelphia
  • Richmond, Virginia
    9 days ago

    Job Description

    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:  

    • Investigate a broad spectrum of accounting issues, developing explanations of financial performance and other complex financial reports, participates in coordinating quarterly and/or annual reporting efforts 

    • Prepare, review, and analyze complex accounting records, financial statements, and other large scale financial ​activities. 

    • Develop, prepare, maintain, and reconcile accounting and fixed asset ledgers. 

    • Record capital assets and verify expenditures. 

    • Interpret contract language to determine the proper accounting treatment of transactions as it relates to GAAP and FRB accounting guidelines. 

    • Perform standard monthly accrual journal entries and reporting, and/or ad-hoc project assignments which require planning, research and analysis. 

    • Analyze business operations, trends, and financial commitments to project future outcomes. 

    • Identify and address discrepancies and irregularities and implement solutions as appropriate. 

    • Clarify, implement, and document procedures, e.g., treatment of labor capitalization, cloud-transition costs, and software accounting. 

    • Provide guidance and direction to team members, partners, and customers on accounting issues 

    • Project assignments which require planning, research, and analysis. 

    • Other duties as assigned or requested. 

    Qualifications: 

    • The Intermediate level Accountant will have 3 to 5 years of relevant experience, and the Senior level Accountant will have a minimum of 5 to 9+ years of relevant work experience 

    • Minimum of 3 years working with GAAP. 

    • Bachelor’s degree in accounting or related field required, MBA or advanced degree preferred. 

    • CPA preferred. 

    • Organized and detail-oriented with a high degree of data accuracy and integrity. 

    • Excellent analytical and problem-solving ability appropriate for subjects and issues of moderate complexity 

    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: 

    • Great medical benefits 

    • Pension and 401(k) with employer match 

    • Paid time off 

    • Tuition reimbursement 

    • Paid volunteer leave 

    • Onsite amenities that make working here fun! 

    Other Requirements and Considerations: 

    • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions. 

    • If you need assistance or an accommodation due to a disability, please notify 

      rich.recruitment@rich.frb.org

    • Sponsorship is not available for this role. Selected candidate is subject to special background check procedures. 

    • The hiring range of the Intermediate Accountant is $65,000 - $89,600 annually, and the hiring range for the Senior Accountant is $80,400 - $110,500 annually. 

    • Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications. 

    • Interested candidates are strongly encouraged to  by September 10, 2026. Applications are reviewed on a rolling basis. 

    • Always verify and  to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels. 

     

    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

    Numbers & Facts

    LocationRichmond, Virginia
    Website\"https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf\"

    Skills

    • Accountingunmatched
    • Accounting Policiesunmatched
    • Analysis Skillsunmatched
    • Business Administrationunmatched
    • Business Analysisunmatched
    • Business Operationsunmatched
    • Cloud Computingunmatched
    • Contract Analysisunmatched
    • Data Qualityunmatched
    • Detail Orientedunmatched
    • Emerging Technologyunmatched
    • Financeunmatched
    • Financial Reportingunmatched
    • Financial Statementsunmatched
    • Financial Systemsunmatched
    • Financial Trend Analysisunmatched
    • Fixed Asset Managementunmatched
    • Generally Accepted Accounting Principles (GAAP)unmatched
    • Health Planunmatched
    • Information Technology & Information Systemsunmatched
    • Journal Entriesunmatched
    • Language Interpreterunmatched
    • Maintain Complianceunmatched
    • Operational Auditunmatched
    • Organizational Skillsunmatched
    • People Managementunmatched
    • Problem Solving Skillsunmatched
    • Procedure Implementationunmatched
    • Reconciliationunmatched
    • Software Developmentunmatched
    • Team Buildingunmatched
    • Team Lead/Managerunmatched
    • Technical Leadershipunmatched
    • Time Managementunmatched

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