Accounting Lead - Policy

PNC Bank • Pittsburgh, PA

1d

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As an Accounting Lead within PNC's Finance organization, you will be based in Pittsburgh, PA. The Accounting Policy team is also part of the Corporate Controller organization within PNC Finance and managed by the Director of Accounting Policy. The Accounting Policy team is currently looking to add a key strategic member to the group. This position is a direct report to the Senior Accounting Manager of Accounting Policy, and a key leadership role for the Accounting Policy team with high visibility to the Controller’s and CFO’s leadership teams. A successful candidate will need to have the capacity to navigate through varied business activities and work collaboratively with colleagues within and outside of the Finance organization, as well as across PNC’s lines of business and operating groups. In doing so, this individual will gain a thorough working knowledge of PNC’s line of business finance and accounting processes, procedures and operations and apply a strong foundation in technical accounting. This role would build long term knowledge that would position the individual to advance within Accounting Policy team or the ability to assume other positions in Control or Finance. PNC’s Accounting Policy team is very selective in its recruiting process and, as a result, has a great track record of providing high-performing talent to the broader Finance organization and other areas of PNC. The candidate should also possess outstanding written and verbal communication skills. S/he will have a strong technical accounting background, preferably with experience in the banking industry, and a strong work ethic. Additionally, s/he will demonstrate the ability to collaborate with management, peers, and stakeholders to effectively influence and effect change.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience.
• Specific certifications are often required.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Nice To Haves

• Balance Sheets
• Decision Making
• Finance
• Financial Reporting and Analysis
• Generally Accepted Accounting Principles (GAAP)
• Management Reporting
• Tax Analysis

Responsibilities

• Work closely with PNC Finance line of business personnel in the review and analysis of significant, complex business transactions to determine the proper technical accounting treatment and related consolidated reporting for PNC under US GAAP.
• Monitor, evaluate, and influence the development of and implementation of emerging accounting requirements from the FASB, SEC and other regulatory bodies.
• Independently formulate opinions and provide updates on emerging accounting issues for discussion with the Director of Accounting Policy, as well as the Corporate Controller.
• Proactively engage lines of business in assessing impacts and participating in the accounting standard-setting process. This includes coordination with accounting standard setters and regulators to advocate Company positions on accounting issues that could potentially impact the Company.
• Lead efforts to define the company’s application and implementation of new accounting standards, as well as SEC and other regulatory reporting matters.
• Design, develop and communicate additions or updates to corporate accounting policies.
• Have a thorough assessment of risk and associated mitigation options as it relates to changes to accounting policies.
• Carry out the review process with senior management and executives to gain their insight and approval.
• Continually evaluate departmental processes and recommend process improvements.
• Establish and maintain strong, collaborative partnerships with the Company’s external auditors and regulators.
• Support the lines of business in business initiatives and/or projects that require technical accounting support and expertise.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit Your PNC Total Rewards .

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level