Who we are

Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.

Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

What it’s like to work here

At FHLBank Chicago, we bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us. Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided an allocation of remote days to use as needed throughout the year.

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:

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