The Assistant Vice President of the Financial Support Office (FSO) Financial Management Shared Services Center (FMSSC) provides strategic leadership for, and operational guidance to, the Federal Reserve System’s financial shared services center, which is responsible for accounts payable, travel and expense, and discretionary spend processing, as well as part of supplier management.

Strategic Leadership:

• Be a leader within the FSO and Federal Reserve System in vision, presence, and citizenship.
• Have an enterprise mindset. Ensure solutions focused on the overall success of the FSO, Reserve Bank and Federal Reserve System.
• Build connections with other Reserve Banks and the Federal Reserve Board to increase thought leadership within the Federal Reserve System.
• Maintain and distribute leading performance metrics including cost, productivity and SLA performance, via dashboards and regular reporting. Ensure effective knowledge management and dissemination of data.
• May serve on or lead local or System work groups or committees including working collaboratively with the Advisory Group on Financial Management (AGFM). For example, role serves as chair of the change control board for system level travel, purchasing card, and discretionary spend policies.

Operational Leadership:

• Lead engagement of the entire FSO team related to people management practices, including performance planning and management, communications, and culture advancement initiatives.
• Provide leadership and oversight over shared services operations that are effective and efficient and ensure integrity for core operations and accounting.
• Ensure all operational Service Level Agreements (SLAs) are maintained or exceeded for existing and new shared services.
• Creates a speak-up culture.

• Working knowledge of and experience with financial management shared services, process improvement and standardization, and financial accounting applications.
• Five to ten years’ experience in the finance industry. Prior Federal Reserve System experience a plus.
• Bachelor’s degree with an emphasis in business management, accounting/finance, or information systems; master’s degree preferred.
• Five to seven years’ experience managing and leading managers and employees preferred.
• Experience with ERP solutions preferred.

Minimum Requirements:

• Bachelor’s degree in Finance, Economics, Accounting.
• Graduate degree preferred.
• Ten years of relevant Financial Management experience, preferably in the financial services industry.