Accounting Business Unit Controller

Regions Bank•Birmingham, AL

21h•Onsite

About The Position

At Regions, the Accounting Business Unit Controller protects the integrity of Regions' financial statements. This position directly interacts with Regions' senior leadership and senior leadership of Regions' prudential regulators, the Securities and Exchange Commission (SEC), accounting standard setters, and external auditors/consultants. The role involves advising senior business and executive leadership on significant accounting and reporting risks, maintaining collaborative relationships with various partners to advise on processes, events, and transactions with high-risk accounting and reporting implications. It also provides subject matter expert consultation and technical support, identifies and escalates accounting/reporting risks, controls, and errors, and oversees enterprise-wide standards for corporate accounting. The Controller reports on judgmental accounting decisions, GAAP technical accounting positions, and negotiations with auditors. Additionally, the role develops and documents business unit processes and accounting policies to strengthen internal controls and participates in special projects and ad hoc reports.

Requirements

Bachelors degree
Thirteen (13) years of Accounting, Regulatory, Banking, or related experience
Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) or equivalent
Ability to provide leadership/oversight of highly complex accounting and reporting decision making
Ability to coordinate a variety of departments and teams to identify cost savings and opportunities to enhance sustainable profitability
Ability to attract, develop, and retain talent
Excellent oral and written communication skills

Responsibilities

Advises senior business and executive leadership on significant accounting and reporting risk
Maintains collaborative relationships with the Business Line, Finance, and Risk Partners to advise on existing, new or proposed processes, events and transactions that have high risk accounting and reporting implications
Provides subject matter expert consultation and technical support on events and transactions by identifying and addressing accounting policy and reporting issues and opportunities
Identifies, measures, and escalates accounting/reporting risks, controls and errors to executive management and the Board of Directors
Oversees enterprise-wide standards for corporate accounting and reports on highly judgmental accounting and reporting decisions, promulgations of United States Generally Accepted Accounting Principles (GAAP) technical accounting positions and negotiation with internal/external auditor interpretations
Develops and documents business unit processes and accounting policies to maintain and strengthen internal controls for the business unit
Participates in a variety of special projects and compile ad hoc reports