The Analyst will support the Chief Financial Officer, Accounting Department, and Diversity & Inclusion (D&I) data management at the Office of Finance. The primary job responsibilities include a wide range of support functions for financial reporting, accounting policy, and D&I.
Analytical skills, accuracy, and timeliness are required competencies for this position due to the cross functional nature of the role. The position will require the ability to work independently, manage multiple priorities, and work across the organization with multiple departments.
Accounting Policy & Financial Reporting
Compilation of quarterly and annual combined financial statements ensuring accuracy and timely completion
Support and assist with maintaining instructions for the quarterly/annual Combined Financial Report for the Office of Finance and Federal Home Loan Banks (“Data Instruction Manual”)
Review and distribute daily 8-K reports to the Office of Finance and Federal Home Loan Banks
Support accounting for the Resolution Funding Corporation (REFCORP)
Prepare section(s) of the Combined Financial Report
Preparation and distribution of representation letters to the Federal Home Loan Banks
Support the Chief Financial Officer with ad hoc projects in the accounting department
Diversity & Inclusion Data Management
Coordinate the quarterly regulatory data reporting process with Accounting Operations, Business Intelligence, Capital Markets, and Human Resources and ensure timely completion
Prepare quarterly regulatory procurement report, including required contract information
Conduct quarterly Tier 2 (subcontractor) and diverse spend with diverse-owned businesses data collection processes
Prepare annual contract inventory for all Office of Finance departments for submission with the first quarter regulatory data report
Review quarterly regulatory workforce, finance, and counterparty data prepared by Human Resources and Capital Markets for accuracy and completeness
Obtain and maintain current third-party or self-certifications for all diverse vendors
Participate in Office of Finance and Federal Home Loan Bank System Diversity and Inclusion groups as needed, such as the Office of Minority and Women Inclusion Procurement Sub-group
Support the OF’s diversity and inclusion strategy by following policies and procedures that ensure opportunities for employees and diverse vendors
PRINCIPAL JOB REQUIREMENTS:
Degree in accounting or relevant experience
Demonstrated analysis and data-collection skills with high level of attention to detail and accuracy
Strong analytical, written, and oral communication and interpersonal skills
Ability to initiate, organize, and complete work assignments accurately and on time, with minimal supervision
MS Office competencies; including Excel, Word, and PowerPoint
Ability to listen and integrate ideas from diverse views, build and maintain respectful relationships, collaborate with others, and resolve conflicts constructively
Proof of eligibility to work in the United States
EQUAL EMPLOYMENT OPPORTUNITY
The Federal Home Loan Banks Office of Finance is committed to equal employment opportunity without regard to race (including traits historically associated with race, such as hair texture, hair type and protective hairstyles), color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin or ancestry, age, physical or mental disability, veteran status, uniformed service member status, military status, sexual orientation, gender identity, status as a parent, marital status, genetic information (including testing and characteristics), citizenship status, or any other characteristic protected by applicable federal, state, or local law.
Located in Reston, VA, a suburb of Washington, DC, the Office of Finance (OF) is operated on behalf of the Federal Home Loan Banks. Its primary function is to issue and service all debt securities for the regional FHLBanks, while obtaining the most cost-effective terms possible given current market conditions. Related activities include the compilation and publication of the combined financial statements, analysis and joint development of new funding opportunities, and educational outreach to inform investors and other interested parties about FHLBank debt products. These efforts can include investor road shows, sales conferences, adopting dealer/FHLBank recommendations, preparing brochures and educational materials, and enhancing the Office of Finance website.
The OF also provides the FHLBanks with credit and general capital market information/data, and manages the relationship with the credit rating agencies. In addition, the OF administers the Resolution Funding Corporation (REFCORP), a tax-exempt government corporation.