Financial Analyst II / Budget and Cost Accounting
Dallas, TX 
Posted 7 days ago
Position No Longer Available
Position No Longer Available
Job Description
Federal Reserve Bank of Dallas
Primary LocationTX-Dallas
Full-time / Part-timeFull-time
Employee StatusRegular
Overtime StatusExempt
Job TypeExperienced
TravelYes, 5 % of the Time
ShiftDay Job
Work HoursM-F, 8am-5pm, with flexibility
Job SensitivityTier II - Credit Check

About the Role:

We are looking for a Financial Analyst II in the Budget and Cost Accounting group of the Financial Management Department. You will analyze financial status by managing data to assist management in reporting and forecasting financial information. This position is based in Dallas, TX.

You will work with a team of six individuals who perform the Bank's cost accounting and budget processes, while working with other department budget contacts throughout the Bank. You will report directly to the manager of the team to build the deliverables and other duties as assigned.

You Will:

  • Apply more advanced financial analysis and cost accounting principles, practices, and techniques to analyze cost data; prepare operating budgets; and perform financial analysis to support strategic decision-making and reduce costs
  • Provide consultation and training to departments on budget and cost accounting related matters
  • Prepare more advanced analysis and variance reports, tables, charts, and graphs; gather data, identify variables, prepare/test mathematical models, and determine/prioritize viable solutions
  • Solve a range of straightforward problems. Analyze possible solutions using standard procedures. Receive a moderate level of guidance and direction
  • Provide analytical support for moderately complex projects, develop budget/cost accounting/financial analysis methods and procedures
  • Use computer systems to perform assigned tasks including designing and troubleshooting standard and advanced reports
  • Assist other cost/budget analysts and coordinate more advanced cost/budget matters with other departments
  • Analyze budget and cost accounting performance, and prepare reports and recommendations to management
  • Create forecasts and analyze trends in budget, cost accounting and other areas of business
  • Research trends and performance to assist the organization`s financial planning
  • Create financial models of "what if" scenarios for future business planning decisions in areas such as capital, projects, software development

You Have:

  • Bachelor's degree in Finance, Accounting (with emphasis on Cost), Operations Research/Data Analysis, Business Administration or other related field
  • 2-5 years of professional experience in a financial planning, cost accounting, or related environment
  • Experience with meeting deadlines, accuracy, team player, customer focus, influencing others, independence, taking initiative, perseverance, presentation, decision making
  • Proficient using Microsoft products, include Excel pivot tables
  • Experience in own discipline; still acquire higher-level skills; ability to learn about the organization, processes and customers
  • Have excellent oral and written communication skills, be comfortable working in a team environment and able to work well independently
  • Equivalent education and/or experience may be substituted for any of the above

Why the Dallas Fed?

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we're creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Our Benefits:

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

  • Comprehensive healthcare options (Medical, Dental, and Vision)
  • 401K match, and a fully funded pension plan
  • Paid vacation, holidays, and volunteer hours; flexible work environment
  • Generously subsidized public transportation and free parking
  • Annual tuition reimbursement
  • Professional development programs, training and conferences
  • And more...


This position may be filled at various levels based on candidate's qualifications as determined by the department.

In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

If you need assistance or an accommodation due to a disability, please notify your Talent Acquisition Consultant.


The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer. Our people reflect the diversity and the ideas of the community we serve.


Position No Longer Available
Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
2 to 5 years
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