JOB DESCRIPTION
Major Responsibilities:
* Establish, implement and monitor accounting standards across all business lines, products & services.
* Ensure accounting policy compliance.
* Maintain and update the Company’s Financial Accounting Policy Manual.
* Monitor and assess the impact of emerging accounting developments & their potential impact on the company.
* Manage periodic, quarterly and annual SEC and Bank regulatory filings.
* Oversee / manage the development of SEC and bank regulatory compliant disclosures.
* Follow activities of accounting standard-setting groups, FASB, SEC, EITF, AICPA, etc. to ensure the Company is proactively understanding impact of new guidance.
* Prepare accounting plan for changes to the Company’s accounting policies / practices.
* Assist with the disclosure control process and help facilitate the Disclosure Committee process with the Chief Accounting Officer
* Help assess SOX deficiencies for the Company and facilitate presentations to the SOX committee on the same.
* Provide leadership role on implementation and conversion to IFRS.
* Act as one of the principal liaisons for the Finance team with external auditors.
Essential Duties and Responsibilities:
* Lead accounting policy development and management for corporate accounting topics, which may include but are not limited to employee compensation and benefits (including stock-based compensation), SFAS 5 contingencies, foreign exchange, lease accounting, derivative accounting, FAS 140, FAS 141, etc., reporting and presentation interpretations (such as EPS, cash flows, segments and other disclosure matters) and other corporate accounting topics as relevant.
* Develop accounting policy guidance for transactions and activities of the Bank involving active participation with professionals in various disciplines to understand the company’s transactions/activities and provide timely, appropriate policy guidance on the appropriate accounting treatment.
* Work with management and the Accounting department personnel on an ongoing basis to provide practical implementation advice related to accounting policies.
* Analyze emerging accounting pronouncements for policy implications and proactively communicate changes with executive management, Audit Committee and team members.
* Consult with business group and corporate management on accounting issues related to changes in accounting methodologies and other corporate accounting matters, seeking clarity and consistency in delivery of advice.
* Coordinate implementation efforts for new accounting standards.
* Maintain current knowledge of SEC rules and regulations, including disclosure requirements and GAAP/IFRS reporting requirements.
Education/Experience Requirements:
* Finance and/or accounting degree; CPA preferred
* 10 plus years accounting experience in a similar environment, with comprehensive knowledge of SEC / regulatory rules, regulations, disclosures and GAAP technical accounting requirements.
* Excellent analytical, project management, interpersonal, organizational, planning, PC, and written/verbal communication skills.
* Ability to multi-task and meet critical deadlines
* Minimum 6-8 years of big four public accounting experience at audit manager level.
* Financial services industry experience preferred.Source by pete dex
