Corporate Accounting and Reporting Manager

The Details:

General ledger accounting and operations

1. Takes the lead from the general ledger accounting perspective in the chart of account governance process for new general ledger accounts.
2. Oversees amortization of prepaid expenses, and amortization and accretion of purchase accounting entries.
3. Oversees the monthly accrual process.
4. Manages the unusual variances in the daily general ledger reports.
5. Develops and manages the monthly close process.
6. Manages general ledger control for parent company accounting.
7. Manages consolidation process including the Bank’s subsidiaries, and non-bank subsidiaries.
8. Works closely with other groups and business units to clear aging and/or suspense items.
9. Ensure that corporate accounting policies are consistently applied against all loan, investment and liability portfolios
10. Supervision of Accounting Subject Matter Expert teams over Commercial Loan Accounting, Risk and HR Accounting

Financial Reporting

1. Manages preparation of reports for senior management of Bank’s Corporation.
2. Manages the preparation of Bank’s monthly close process

Certifications and Reconciliations

1. Works closely with the centralized Certification and Reconciliation Department and systems used in production environments and support to Bank’s operational accounting. Constantly looks for ways to improve the effectiveness and efficiency of the processes.
2. Assists groups and business units needing help with certifications and implementation of automated reconciliations and are properly accounted for under GAAP.
3. Work closely with Certification group on implementing, tracking, monitoring and reporting internal control activities related to the certification and reconciliation program.
4. Manages staff including selection, motivation and performance management. Allocates resources effectively.
5. Develops policies, procedures and processes to ensure compliance with all accounting and regulatory requirements and to ensure efficiency and effectiveness of function.
6. Innovate to create better controlled, more effective and efficient entity wide accounting processes.
7. Business unit contact for Operational Accounting and Accounting Policy implementation questions.
8. Work with Corporate Development and Legal teams to determine the scope, resources and timing for due diligence, purchase accounting and financial integration efforts.

 

1. Bachelor's Degree with emphasis in accounting
2. CPA
3. 7+ years of progressively increasing responsibility in accounting/finance field with at least 2 years direct hands-on operational accounting experience at a managerial level
4. 5+ years in general ledger and reporting
5. 5+ years in management (will manage Vice President level Managers
6. Candidate has shown leadership capability potential in previous roles
7. Excellent knowledge of accounting, general ledger and reporting requirements in a major financial institution.
8. Monthly closing, consolidation and parent company accounting
9. Software programs including Microsoft Access, Excel and Word with preferred skills in Hyperion
10. Innovative, self-directed, and comfortable with decision-making responsibility
11. Experience in managing system implementations

 Level Supervised

- Manages multiple direct reports

Physical Requirements

- Sedentary Work: lifting a maximum of 20 pounds, frequent standing/walking.

Benefits - Full

Bonus Eligible - Yes

Please apply with your resume and salary needs for immediate interview.

Regal Executive Search

Los Angeles

 

(424) - 241 - 3787 - D/Line

tim@regalexecutivesearch.com