Job Description
Job Title Primary lead and support for the Bank in researching technical accounting matters related to the Bank's activities. Guide internal business units in following the Bank's new and existing accounting policies and procedures across the Bank. Monitor the activities of all accounting standard setting bodies, i.e., SEC, FASB, AICPA, PCAOB and International Accounting Standards Board and provide updates to senior management and the Audit Committee, as needed. Primary focus is on the SEC and FASB authoritative guidance, research, interpretation, peer networking and collaboration, and guidance for all business units throughout the Bank. Additionally, support the Financial Reporting Senior Director in coordinating the accurate and complete preparation and timely filing of the Bank's periodic Securities and Exchange Commission (SEC) reporting activities, the monthly and quarterly reporting activities related to the Federal Housing Finance Agency's (FHFA) Call Reporting System (CRS) and special data requests (SDR) reporting, and the Office of Finance's Financial Reporting System (FRS). Major Accountabilities Research and draft proposed new accounting policies for the Bank's Accounting Policy Manual. Present accounting policy matters and accounting developments to ALCO, as needed. Identify and develop accounting recommendations regarding new and emerging accounting pronouncements, accounting developments, and disclosure requirements or trends. Inform the Bank's Deputy Controller, Controller, SOX Compliance and Disclosure Committee of new accounting, reporting and disclosure requirements. Prepare significant accounting policies summaries and accounting updates for the Bank's Audit Committee of the Board of Directors. Provide technical accounting guidance for new and emerging accounting pronouncements, new products, and new accounting strategies. Maintain the Bank's Accounting Policy