Accounting Operations Analyst

Company

Federal Reserve Bank of BostonThe Federal Reserve Bank of Boston (FRBB) is administering special lending facilities to support lending to small and medium-sized businesses due to exigent circumstances caused by the COVID-19 pandemic.

This position is responsible for conducting lender outreach and remittance and accrual reconciliation related to the existing loan portfolio. Additionally, provide support for Main Street Finance & Accounting team for interest and principal proceeds analysis and reporting compliance. This position requires standard knowledge of general accounting and reconciliation practices and finance and financial strategies and operations. This position relies on professional experience and judgment to plan and accomplish goals.

Principal Accountabilities

Conducts complex financial reconciliation on a variety of topics with minimal guidance. Prepares reconciliation explanations and proposed solutions for the remittance and accounting records of the Main Street Lending Program. Performs lender outreach to identify and resolve variances on remittance payments. Prepares financial and business analyses and research in such areas as remit...