Accountant - Senior and Intermediate

Posted Yesterday
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Richmond, VA, USA
In-Office
65K-111K Annually
Senior level
Fintech • Payments • Financial Services
The Role
Prepare, review, reconcile, and analyze complex accounting records, financial statements, ledgers, fixed assets, accruals, and reports under GAAP and Federal Reserve policies. Investigate accounting issues, interpret contracts, determine transaction treatment, identify discrepancies, document procedures, and support quarterly and annual reporting. The role also provides accounting guidance and contributes to technology-related accounting projects, including software accounting, labor capitalization, and cloud-transition costs.
Summary Generated by Built In
CompanyFederal 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 [email protected]. 

  • 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 apply by September 10, 2026. Applications are reviewed on a rolling basis. 

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

 

Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategoryAccounting/Finance Family Group

Work ShiftFirst (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

Skills Required

  • 3 to 5 years of relevant experience for Intermediate Accountant; minimum 5 to 9+ years for Senior Accountant
  • Minimum 3 years of experience working with GAAP
  • Bachelor's degree in accounting or a related field
  • MBA or advanced degree
  • CPA certification
  • Organized and detail-oriented, with high data accuracy and integrity
  • Excellent analytical and problem-solving ability for moderately complex subjects and issues
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The Company
Kansas City, MO
2,289 Employees

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed. The Fed - Make a world of difference in the global economy OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague. Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve. Atlanta https://www.frbatlanta.org/ Boston http://www.bostonfed.org/ Chicago https://www.chicagofed.org/ Cleveland https://www.clevelandfed.org/ Dallas http://dallasfed.org/ Kansas City https://www.kansascityfed.org/ Minneapolis https://www.minneapolisfed.org/ New York http://www.newyorkfed.org/ Philadelphia https://www.philadelphiafed.org/ Richmond https://www.richmondfed.org/ San Francisco http://www.frbsf.org/ St. Louis https://www.stlouisfed.org/ Board http://www.federalreserve.gov/

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