Sr. Accountant-Derivatives and Hedging

Federal Home Loan Bank of Chicago

• $75K — $125K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or related field
  • 2-5 years of experience in accounting
  • CPA and/or MBA preferred
  • Strong analytical and problem-solving skills
  • Project management abilities
  • Detail-oriented with a focus on procedures
  • Excellent communication skills across all levels

Responsibilities

  • Apply accounting principles to analyze financial information
  • Design and ensure proper accounting controls
  • Develop procedures to enhance financial systems
  • Prepare monthly, quarterly, and annual financial statements
  • Ensure compliance with accounting policies and procedures
  • Resolve discrepancies and irregularities in accounting records
  • Support budgeting and forecasting activities
  • Coordinate and prepare for financial audits
  • Analyze financial trends and advise on business operations
  • Create ad hoc reports as necessary
  • Execute other assigned duties

Benefits

  • Comprehensive benefits package
  • Opportunities for professional development
  • Cross-functional collaboration
  • Potential for influence on high-impact financial decisions
  • Focus on innovative accounting processes
Full Job Description
What you'll do

The senior accountant is responsible for applying accounting principles to analyze financial information; designing and ensuring

appropriate accounting controls; developing procedures to update financial systems; and, preparing financial reports and

statements.

How you'll make an impact
  • Become a trusted expert shaping the Bank's derivatives and hedge accounting.
  • Make a visible impact on financial integrity, earnings stability, and risk management.
  • Help transform Accounting Operations by designing smarter processes, controls and reporting.
  • Expand your influence across the Bank by solving complex challenges with cross-functional partners.


What you can expect
  • Compile and analyze financial information to prepare financial statements including monthly, quarterly and annual accounts
  • Ensure financial records are maintained in compliance with accepted policies and procedures
  • Prepare financial management reports
  • Ensure accurate and timely monthly, quarterly and year end close
  • Resolve accounting discrepancies and irregularities
  • Continuous management and support of budget and forecast activities
  • Financial audit preparation and coordinate the audit process with internal and external auditors
  • Ensure accurate and appropriate recording and analysis of revenues and expenses
  • Analyze and advise on business operations including revenue and expenditure trends, financial commitments and future revenues
  • Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems
  • Ad Hoc reporting as needed
  • Other duties as assigned


What you'll bring
  • Bachelor's degree in Accounting or related field
  • 2-5 years of experience
  • CPA and/or MBA (a plus)
  • Ability to deal with exceptional issues
  • Analytical problem solver
  • Procedure driven
  • Attention to detail
  • Ability to manage projects
  • Shows initiative
  • Strong communicator with ability to work with all levels of the organization


Salary Range:

$75,325.00 - $125,500.00

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc

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