Federal Home Loan Bank of Des Moines ยท 1 day ago
Product Accounting Analyst III
Des Moines, IA
Full-time
Hybrid
Mid Level
$80K/yr - $95K/yr
3+ years expFederal Home Loan Bank of Des Moines is dedicated to fostering an inclusive culture that supports a diverse workforce. The Product Accounting Analyst III is responsible for producing accurate financial information, executing accounting operations, and assisting with SEC filings while collaborating across departments to ensure compliance and effective reporting.
BankingFinancial ServicesMortgageReal Estate
Responsibilities
Execute monthly/quarterly/annual close process through preparation or peer review of journal entries, reconciliations, analysis, and financial reporting in accordance with policies and procedures in a highly controlled deadline driven environment
Strong knowledge of products, ensuring accurate accounting and reporting for complex transactions in accordance with Generally Accepted Accounting Principles (GAAP) and Federal Housing Finance Agency (FHFA) regulations
Perform in-depth and high-level analysis of data and monthly/quarterly financial statements by looking at trends and market movements, including presentation to higher level management
Perform cross functional training and assist with tasks related to investments, borrowings, derivatives, mortgages, advances, capital stock, affordable housing program, benefits, and corporate responsibilities
Collaborates with other departments to analyze product activity and to monitor market movement
Seeks innovative ways to analyze, verify, and review information
Adhere to, compile, and validate accurate SEC and regulatory reporting filings
Assist with the preparation and review of monthly management and Board committee reporting, including financial statements and product profitability analysis
Participates in preparation and review of internal, external and FHFA examiner audit requests
Adheres to and executes departmental regulatory guidance and internal controls, with particular focus on SOX controls
Strong skills in the software used in accounting operations
Develop solutions to improve effectiveness of processes, reduce risk and promote efficiencies
Utilizes analytical, investigative, and systematic skills to research and resolve system and accounting issues
Coordinate, plan, and execute project responsibilities in accordance with Bank policies and project expectations
Assist in researching codification and regulations, as it impacts accounting operations
Effectively communicate with the team/manager and other Bank partners
Hold oneself and others to a high standard of excellence
Qualification
Required
Bachelor's degree or higher in Accounting/Finance
3 to 5 years of related or 2+ years of public accounting experience
Proven Experience with: Monthly financial statement close, Reviewing the work of others, detailed and high-level, Financial Analysis, SEC Reporting, SOX and Compliance, Knowledge of Financial Instruments and Capital Markets, Project Leadership
Possesses and demonstrates the following: Critical Analytical and research skills, Emotional Intelligence, GAAP knowledge, Ownership and accountability of work, Strong written and verbal communication skills, Advanced skills with Word, Excel, Power Point, Power BI and SQL
Preferred
CPA designation
MBA/Master of Accountancy
Experience with financial systems, preferred, such as: SimCorp, Chatham, Principia, Workday, Evolv, etc
Benefits
11 paid holidays
5 weeks of PTO
Work culture that values work/life balance
Hybrid work schedule
Match 100% of the first 6% you contribute to your 401(k)
Additional 4% non-discretionary contribution to your 401(k) at the end of year
Company
Federal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines is a financial services company providing mortgage and small business lending services.
201-500 employees
H1B Sponsorship
Federal Home Loan Bank of Des Moines has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (9)
2023 (10)
2022 (12)
2021 (11)
2020 (11)
Funding
Current Stage
Growth StageLeadership Team
Carol Kobuke Nelson
Independent Director
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