Corporate Accounting Manager Sr.

Huntington National Bank • Detroit, MI

2d • Onsite

About The Position

As a member of Accounting Policy, the Corporate Accounting Manager-Sr assists the Accounting Policy Director and Treasury Controller with implementing and maintaining the hedge accounting portfolio, along with required operational, accounting, reporting, and oversight activities. The role regularly interacts directly with the Treasury Controller, Accounting Policy Director, and senior management within Corporate Treasury.

Requirements

• Bachelor's degree in Finance or Accounting.
• CPA or CFA required.
• At least 7 years of accounting experience with capital markets and financial products, specifically hedge accounting, correlation testing, and related hedge documentation.
• At least 7 years of experience with financial instruments and derivative valuation and related market impacts.

Nice To Haves

• Experience with a large public accounting firm, including work with financial institutions.
• Experience with project management and implementation of accounting processes.
• Proficiency with Microsoft Office, Excel, Word, and various Bloomberg Finance applications.
• Experience preparing technical accounting written communications, financial product-related documentation, and project management-related materials in the financial services industry.
• Ability to communicate effectively with all levels of management, including senior management.

Responsibilities

• Provide oversight of all aspects of the hedge accounting process, including valuation, correlation testing, internal controls and governance, accounting, and external reporting.
• Assist with hedge accounting research and advise internal constituencies on potential accounting and reporting implications for new and existing hedge accounting relationships.
• Assist with required prospective and retrospective hedge correlation testing in a timely manner.
• Review required hedge accounting documentation and facilitate review with external auditors.
• Prepare and analyze weekly, monthly, and quarterly hedge accounting results.
• Oversee month-end reconciliation and close processes for derivatives, escalating and resolving issues with senior management as necessary.
• Initiate process re-engineering, improve efficiency, and work to improve IT solutions.
• Work on ad hoc projects that may involve advising with Corporate Treasury, Corporate Risk, IT, and other groups within the Bank.

What This Job Offers

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