LOB Financial Controller

Truist Financial • Atlanta, GA

82d

About The Position

Responsible for providing quality assured financial reporting of the business activities within the Line of Business (LOB). Serves as liaison with the Corporate Policy team as subject matter expert, assisting in maintaining up to date policies, and requesting clarification of existing policies as required. Primary roles include Management Reporting & Analysis, Financial Risk Management (FRM), Financial Reporting, and accounting controls and operations. Responsibilities include management reporting, finance and accounting analytics, internal controls over financial reporting, execution of accounting processes, regulatory reporting, and accounting policy.

Requirements

• Bachelor's degree in Accounting or Finance, or equivalent education and related training.
• Eight years of relevant accounting or finance experience and 2 years of leadership experience.
• Ability to interpret and explain complex information to a range of audience and build consensus among different stakeholders.
• Knowledge of the industry's competitive landscape and an understanding of the market and regulatory factors that shape the industry.
• Excellent verbal and written communication skills.
• Advanced analytical skills and the ability exercise judgment and solve complex problems.
• Sound and logical decision-making abilities.
• Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.

Nice To Haves

• Supervisory experience of multiple teams.
• CPA.
• Financial services or specialized industry experience.
• Master's degree.
• Proficient in Essbase/ Hyperion, EPM/BPC, or other enterprise accounting software.
• Expertise in ASC 323 Investments - Equity Method and Joint Ventures.
• Experience with Supply Chain Finance and Tax Exempt Lending.
• Accounting for investments in tax credit structures using proportional amortization method of accounting.

Responsibilities

• Manages professional-level teammates, sets the team's direction, and communicates individual and team priorities.
• Manages deliverables for the team against expected results.
• Makes judgments about the team's priorities and approach to work.
• Identifies and resolves technical, operational, risk management, business, and organizational challenges.
• Leads highly complex and visible projects with notable risk and complexity.
• Makes leadership decisions within established policies & procedures.
• Provide accounting guidance and support to ensure new products or transactions are accounted for correctly.
• Review of reporting and analyses of monthly results in support of the closing process.
• Subject matter expertise in the identification and querying of the data necessary to prepare and provide value added management reporting.
• Account level variance analysis in support of the month-end close process.
• Review of standard and enhanced reports, regular and ad hoc analytics, and interpretation of LOB financial results.
• Assess accounting impacts of business changes.
• Oversight of the internal control structure over processes specific to the LOB that impact financial reporting.
• Includes understanding, articulating and reviewing results to ensure consistency with GAAP, financial policies, and controls.
• Reviews reporting and analyses of monthly results for the closing process to identify and mitigate areas representing material financial risk.
• Provides support for LOB information enhancement initiatives.
• Oversight and review of SEC and Regulatory disclosures and financial filings.
• Ensures adherence to relevant Financial Management requirements including policies, standards, procedures, internal controls, and record retention.
• Support the month end close process.
• Analysis of GL activity and results.
• Performance of SOX controls.
• Preparation of journal entries to record the results of business transactions to the GL.
• Serve as liaison with Accounting Operations group as subject matter expert for LOB accounting and data.
• Works collaboratively with the LOB and SFO teams to ensure accurate recording of transactions to the GL.
• Review and oversight of quarterly and annual SEC and Regulatory disclosures and other financial filings.
• Responsible for preparation and review of quarterly and annual legal entity audited financial statements and annual report.
• Responsible for the preparation, review, and monthly submission of other regulatory reports and filings.
• Support the Corporate Controller and Financial Reporting team on external financial and regulatory reporting matters.
• Serves as liaison with Corporate Accounting Policy team as subject matter expert on LOB accounting issues.
• Responsible for monitoring compliance with Corporate accounting policies.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation during the first year of employment.
• 10 sick days.
• Paid holidays.
• Defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees