Director Corporate Accounting

First Citizens Bank•Raleigh, NC

1d•Hybrid

About The Position

The Director, Capitalization & Fixed Asset Accounting provides strategic leadership and enterprise-wide oversight of the Bank’s capitalization, fixed asset, lease accounting under ASC 842, and project accounting functions. The role establishes a scalable governance framework to support organizational growth, regulatory compliance, financial reporting integrity, and effective management of internal capitalized asset investments. The Director leads accounting, governance, and controls for capitalized assets, including internally developed software, software development costs, cloud implementation costs, capitalized labor, fixed assets, impairment assessments, lease accounting, and project capitalization. The position oversees a geographically dispersed accounting team and works with Finance, Technology, Strategy, Corporate Real Estate, Procurement, and Enterprise Project stakeholders. It also develops the capital asset lifecycle, governance and decision-making frameworks, automation and data governance capabilities, and long-term capital asset strategy.

Requirements

Bachelor’s degree and 10 years of experience, or high school diploma/GED/equivalent and 14 years of experience, in Accounting, Audit, or Financial Analysis.
Experience in a management or leadership role.
Skills in leading others, risk identification, risk mitigation, critical thinking, analytical reasoning, problem solving, maintaining a strategic perspective, accounting, and financial statement analysis.

Nice To Haves

Advanced degree.
Experience leading a large, diverse organization.
Certified Public Accountant (CPA) license or certification.

Responsibilities

Lead end-to-end accounting, governance, and controls for capitalized assets, including internally developed software, software development costs, cloud implementation costs, capitalized labor, fixed assets, impairment assessments, ASC 842 lease accounting, and project capitalization.
Ensure accurate financial reporting and maintain a strong internal control environment for capitalized assets and investments.
Support regulatory and audit requirements related to capitalized assets and investments.
Oversee a geographically dispersed accounting team, promoting organizational scalability, operational excellence, process standardization, and talent development.
Provide expertise in software capitalization, project accounting, fixed asset accounting, and emerging accounting standards, including preparation for evolving software accounting guidance and finance transformation initiatives.
Partner with Finance, Technology, Strategy, Corporate Real Estate, Procurement, and Enterprise Project functions as the primary accounting leader for the Bank’s internal capitalized asset investments.
Build and mature the end-to-end capital asset lifecycle and strengthen governance and decision-making frameworks.
Enhance automation and data governance capabilities, implement proven best practices, and help shape the Bank’s long-term capital asset strategy.