ACCOUNTING PAYMENTS & COMPLIANCE MANAGER

Direct activities related to the Payment and Compliance division within the Finance team while also developing team members and driving further enhancements and efficiencies. Ensure division activities comply with organizational policies, and maintain efficient staffing, workflow, and production and preparation of necessary documentation. Oversee administration of the Bank's Purchase card (P-card) program, vendor and employee payments and employee application access provisioning. Recommend and set long-term strategic goals. Develop, implements, and lead related programs to achieve objectives. Represent the Bank in a professional manner, taking a leadership role, when appropriate, on internal Federal Reserve System-level committees and workgroups.

The position reports to the Assistant Vice President, within Accounting Services, which reports to the Chief Financial Officer.

This job description reflects the higher level of a dual grade job posting. Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.

Job Description:

What You Will Do:

Payment and Compliance Operations

Oversee the daily operations of the Payment and Compliance division within the Finance team to ensure all activity is accurate, timely, and completed following Federal Reserve System and internal Bank policies, requirements, and guidelines. Propose and implement changes to Payment activities, internal policies, and procedures to find the right answer and resolve issues. Maintain an internal control environment and timely COSO testing standards as applicable.

Manage People

Attract, develops and motivates a professional staff with diverse capabilities, and develops successors for important roles. Foster an environment that rewards and recognizes teamwork and innovative ideas that positively impact performance for the department and Bank. Ensure adequate back-up coverage and work-life balance among direct report(s).

Performance Monitoring and Metrics

Develop, monitors, and reports on necessary operational metrics and issues including those related to quality, productivity, backlogs, and projects to inform decision-making and enhance primary business processes, services, and performance on an ongoing basis.

Stakeholder Engagement

Use experience to addresses complex customer issues and complaints, ensure all matters are addressed, and recommend an appropriate course of action for most complex issues. Build relationships with main internal customers to create awareness and understanding of policy compliance requirements including justifying business expenses and to better understand their needs.

System Leadership Support

Represent the Bank on System level organizations. Provide expertise to and bring expertise back to the Bank from System workgroups.

Professional Development

Improve business acumen, partnerships and relationships, and contribution to our culture at all levels; maintain awareness of the Bank's important strategies, risks, and other issues. Maintain accountability for meeting your professional and personal goals. Keep up on and contribute to developments in your field.

Perform other responsibilities as assigned or requested

What You Have:

Education and Experience:

Bachelor's degree in accounting, finance, engineering, or related business discipline, which includes courses in accounting principles and standards.

Minimum of ten years' experience in accounting and/or auditing, or equivalent education and experience.

Knowledge and Skills:

Experience promoting teamwork and building collaborative relationships.

Follow system guidelines and be a reliable source of authority on relevant subject matters.

Knowledge of accounts payable practices and general accounting principles.

Manage teams and professional development.

Strong analytical and organizational skills, ability to organize team work to achieve results and maintain relationships.

Sense of personal and team accountability.

Written and verbal communication skills.

Other Requirements:

Employees may be required to travel by car/air.

Physical Requirements:

Traditional office environment. Employees typically sit most of the day, work with a computer and may answer/respond to phone calls. Physical movement consists of walking for meetings, breaks. Ability to lift items weighing approximately 20 pounds on a limited basis is required.

This job description reflects the higher level of a dual grade job posting. Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.

We offer a great benefits package that features:

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time & Holidays
• Monthly $100 Commuter Allowance
• Flexible Spending Accounts and Healthcare Spending Accounts
• Flexible Work Schedule available in most departments ( Hybrid)
• Life Insurance and Long Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
• Onsite Cafeteria & Coffee Shop
• Additional Convenience Benefits, Discounts and More...

Additional Information:

• The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.
• We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.
• We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.
• A requirement of this position is that you will be fully vaccinated against COVID-19 or qualify for a medical or religious accommodation.
• All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the to ensure compliance with conflict of interest rules and personal investment restrictions.
• Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.
• All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
• Certain eligibility rules apply. You will provide work authorization to prove their eligibility to work in the United States.
• The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
• This is not a 100% remote opportunity. You will be available to work on-site in at least a hybrid capacity.
• Learn more the Philly Fed and its culture. Learn more about for the Philly Fed.

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.