Staff Accountant I

Staff Accountant I

Federated Hermes Career Opportunity #9323

Federated Hermes, Inc. is seeking a Staff Accountant I based at our Pittsburgh headquarters. This position will be supporting the Corporate Treasury department. The successful candidate will be primarily responsible for assisting with the recording of daily cash transactions related to Federated Hermes’ corporate cash accounts and charitable accounts.

What You’ll Do:

• Research and record all cash receipts in a timely manner and track any unapplied cash receipts that require further investigation.
• Develop and maintain electronic files of receipt information as requested.
• Clear all receipts and cash disbursements applicable to the master checking account.
• Perform all recordkeeping functions for the Federated Hermes charitable foundation as well as checking and investment accounts.
• Track all activity in Federated Hermes’ Treasury Stock account related to share buybacks and restricted stock awards.
• Perform any receipt or clearing testing for Oracle upgrades.
• Work with Accounts Payable to initiate daily wire transfers.
• Initiate foreign denominated wire transfers and ensure all foreign subsidiary cash accounts are properly funded.
• Prepare the daily cash position report for distribution.
• Monitor cash accounts for fraudulent activity, respond to check exceptions and monitor the debit block to ensure all direct debits to Federated Hermes’ accounts are valid.
• Prepare journal entries for Federated Hermes’ seed investments in separately managed accounts
• Calculate the weighted average stock price of Federated Hermes’ stock for calculation inputs.
• Reconcile certain general ledger accounts applicable to the balance sheet monthly.
• Prepare a monthly analysis of bank fees and report on any fluctuations on a monthly and quarterly basis.
• Calculate the debt ratios outlined in debt agreements and prepare the corresponding compliance certificates.
• Assist the Senior Accountant with the preparation on any month-end journal entries when needed.

The Expertise We are Looking For

• Bachelor’s degree in accounting required.
• Proficiency in personal computing, specifically Microsoft Excel and Word required
• Basic analytical and accounting skills.
• In-progress or completion of CPA exam preferred.

Our Investment in You

We believe our employees are our most important asset! Therefore, we offer benefits programs designed to help you and your family thrive, training programs to advance your professional development and opportunities for you to give back to the community. Our offerings include:

• A competitive total compensation package, including bonus programs designed to recognize and incentivize our employees to do their best every day.
• Time off programs including paid vacation, parental leave and a volunteer day to help you stay healthy and connected to the things that are important.
• Opportunities to expand your professional network within the firm and the community through participation in programs such as the Women in Investing Employee Resource Business Group and the University Ambassador Program.

About Federated Hermes

At Federated Hermes, our goals are to help individuals invest and retire better, to help our clients achieve better risk-adjusted returns, and to contribute to the positive outcomes in the wider world. We pledge to always put our clients first and to act responsibly and transparently. Our commitment to active, responsible investment has enabled us to become a leading investment manager with $829.6B in assets under management, serving investors around the world.

We provide career opportunities that enabled our employees to grow and meet their career aspirations while balancing the needs of their personal lives. We offer a collaborative environment that promotes doing things the right way and always with integrity, sharing ideas to drive positive change, and following through on our commitments. We promote teamwork and foster a diverse, inclusive and respectful workplace where unique perspectives, ideas and experiences are recognized and appreciated for the contributions they bring. Federated Hermes is committed to providing equal employment opportunities to qualified individuals without regard to the following criteria: race (including physical characteristics such as hairstyles), color, national origin, religion, sex (including pregnancy), sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any applicable local, state or federal law applicable to Federated Hermes.

For additional information:

About this opportunity please visit:

https://careers.federatedhermes.com/psc/EXT/EMPLOYEE/HRMS/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?FOCUS=Applicant&Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=11&JobOpeningId=9323&PostingSeq=1

About Federated Hermes, Inc. go to: www.federatedhermes.com

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.