Vice President and Chief Financial Officer -- Financial Management Group

Federal Reserve Bank - Minneapolis, MN

Part-time,Full-time - Executive

Minneapolis, MN

Monetary Authorities-Central Bank

About the position

The Vice President (VP) and Chief Financial Officer (CFO) at the Federal Reserve Bank of Minneapolis is a key executive role responsible for leading the Financial Management Group (FMG). This position ensures that the Bank's financial functions are effective, efficient, and compliant while meeting stakeholder needs. The VP/CFO will oversee a team of approximately 20 and will play a significant role in financial and strategic initiatives across the Federal Reserve System, promoting innovation and collaboration within the organization.

Responsibilities

• Provide leadership and accountability for the accuracy and integrity of the Bank's financial information.
• Direct the preparation of the Bank's budgets, plans, and forecasts, ensuring alignment with strategic priorities.
• Coordinate financial planning efforts throughout the Bank, collaborating with the First Vice President/Chief Operating Officer.
• Review and adopt System accounting changes, ensuring proper application by staff.
• Oversee FMG activities including accounts payable, financial accounting, and financial analysis.
• Lead periodic meetings with FMG leadership and staff to communicate strategies and responsibilities.
• Represent the Bank in various Federal Reserve System leadership groups.
• Promote an inclusive workplace culture that encourages employee engagement and diversity.

Requirements

• Bachelor's degree or equivalent combination of education and experience; graduate degree and/or CPA preferred.
• Minimum of 10 years of relevant leadership experience in a complex business environment, with at least 5-7 years in finance and/or accounting.
• Superior business acumen and strategic planning skills with a focus on innovation and automation.
• Excellent communication skills, both written and oral, with effective presentation capabilities.
• Demonstrated organizational skills with the ability to prioritize and execute plans effectively.
• Strong leadership and negotiation skills, with a proven ability to manage and motivate teams.

Nice-to-haves

• Experience in a regulatory or compliance-focused environment.
• Familiarity with risk management practices in finance and accounting.

Benefits

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401(k) match and a fully-funded pension plan
• Paid time off and holidays
• Free public transportation passes
• Annual educational assistance
• On-site fitness facility
• Professional development programs, training, and conferences