Head of Corporate Accounting and External Reporting Our Financial Services client is seeking an experienced individual to lead its Corporate Accounting team. Reporting into the Corporate Controller, this candidate will direct all corporate accounting activities, including U.S. GAAP compliance and close processes, and will be responsible for ensuring our financial statement compilation and bank regulatory reporting is completed timely and accurately. This professional will play a critical role in the firm’s finance transformation and will need to have a proven track record of improving business processes, financial reporting, and systems through innovative solutions and automation. This role also requires collaborative working relationships with other teams throughout the company including Compliance, Legal and Marketing as well as other Finance teams and external regulators. The candidate will oversee a team of 10 people.
Responsibilities
Responsible for accounting close process and regulatory reporting for five bank subsidiaries, the holding company, and broker-dealer subsidiary
Key deliverables include GAAP financial statements and inclusion in our Annual Report, bank subsidiary call reports, bank holding company reports, and broker-dealer FOCUS filings and audited financial statements
Provide overall leadership to the department, including:
Developing a strategic roadmap for people, processes, and controls
Career development for team members, including the identification of future growth opportunities and providing clear, constructive feedback
Strong focus on mentoring and training team members
Robust project management to meet regulatory and internal deadlines
Play a leading role in our transformation project, implementing best practices and technology solutions. Identifyand recommend process improvements in day-to-day activities. Partner with IT and other parts of Finance to devise and implement solutions.
Lead all close processes, reporting, and coordination with external, internal, and regulatory auditors
Always maintain a strong control environment and proactively implement new controls
Actively monitor recent technical accounting and bank regulatory pronouncements for potential new requirements that could impact accounting, reporting or the business.
Communicate accounting matters and close coordination in a clear, effective manner to the finance department and the overall firm. Develop meaningful monthly and quarterly close packages for senior management.
Qualifications
CPA (or equivalent) with 15+ years of a mix of corporate accounting and public accounting experience, with increasing levels of responsibility and seniority
Banking experience preferred
Oracle ERP experience preferred
Ability to project manage multiple concurrent workstreams with hard deadlines
In-depth knowledge of financial systems and integration of data
Experience managing large teams and developing team members
Excellent verbal and written communication skills
Ability to proactively identify issues and develop solutions
Ability to adapt in a changing and dynamic work environment
Flexible approach towards changing work methods, deadlines and variable workloads
Compensation
$200,000 – $250,000 base + discretionary bonus + profit sharing
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