Head of Accounting Policy

Huntington National Bank•Detroit, MI

2d•Hybrid

About The Position

This position oversees Huntington's Corporate Accounting Policy function. Activities include maintenance of corporate accounting policies, review of complex non-routine transactions and acting as a subject matter expert on a variety of technical accounting issues & interpretations. The position requires extensive understanding of U.S. GAAP, FASB activities, M&A Valuation techniques as well as other common accounting issues related to banking and financial services. This position acts as the head of Huntington's Corporate Accounting Policy function as well as supporting various functions including M&A, Venture investments, regulatory policy. This role deals with subject matter that is highly technical in nature and requires extensive understanding and applicability of U.S. GAAP, FASB Accounting Standards, M&A valuation techniques as well as the bank's assessment of credit allowance policy and general accounting within lending products.

Requirements

7+ years’ work experience in the banking/ financial services sector required, ideally at large regional or international banks, with a focus on complex technical accounting and reporting matters pertaining to financial products, mergers & acquisitions, credit reserves, understanding of loss estimation techniques and fair value of various types of financial instruments.
7+ years' management experience
Bachelor's Degree

Nice To Haves

CPA with experience at a large international audit firm preferred.
Experience with financial reporting or other broader controllership functions

Responsibilities

Oversight of Accounting Policy function - Advise on complex and significant accounting matters and implementation of new accounting standards, new product implementations and related policy updates.
Contribute to M&A Business Combination function - Provide M&A support with emphasis on purchase accounting, acquired portfolio valuations, especially loans, intangible assets, deposits, etc., coordination of ongoing accounting and reporting with respective Controller teams.
Advice on annual and interim valuation and impairment assessments
Advice on investment opportunities as it relates to accounting treatment, including potential ways of structuring transactions
Providing subject matter expertise on accounting for leases and capitalized assets under various scenarios
Advising business units on technical questions
Working with corporate finance on proper financial statement presentation when modeling new or non-standard transactions
Advice on all technical accounting matters relating to the bank's credit reserve process, adherence to accounting standards and regulatory guidance, as well as quarterly monitoring of accounting and reporting results
Support and actively participate in month/quarter/annual close process relating to reporting and review of notes/ disclosures, significant items, etc.
Performs other duties as assigned.