Senior Accounting Manager - Finance Reserve Reporting

PNC•Pittsburgh, PA

1d•Onsite

About The Position

Position Overview 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 a Senior Accounting Manager - Finance Reserve Reporting within PNC's Finance organization, you will be based in Pittsburgh, PA. The Finance Reserve Reporting Team is a highly efficient group, focused on the production, analysis, and reporting of CECL results for PNC. Role Description: CECL Production • Lead and manage Reserve Reporting Team through quarterly CECL production process • Manage the CCL application as owner and work closely with PNC Tech team. • Review and analyze reserve-related data for accuracy, trends, etc. • Collaborate across lines of businesses to ensure effective and timely results • Develop a working knowledge of the Current Expected Credit Loss (“CECL”) accounting standard Reserve Adequacy Committee (RAC) Secretary • Serve as committee secretary • Identify forward looking agenda topics and partner with committee chair to develop meeting agendas • Coordinate, consolidate and review meeting materials prior to distribution • Document minutes and manage action items • Facilitate annual policy and charter renewal process and biannual subcommittee charter renewal process Preferred Skills: • Executive Presence • Strong attention to detail • Financial reporting & analytical skills • Strategic Planning • Teamwork • Critical thinking • Ability to communicate effectively Applications • Excel • Hyperion Essbase • Oracle • CCL • OAS • TOAD • Teradata • wDesk PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. Job Description Provides leadership and overall management expertise for all aspects of accounting activities, including related production processes, financial analysis, internal and external reporting, and related compliance and administrative requirements. Generally manages a team supporting one or more business sub-segments or functions; manages a complex business sub-segment or function; or supports a broad set of work products. Typically serves as a manager of individual contributors and may serve as a manager of managers. Ensures the accounting policies, operating procedures and practices of the company are followed. Works closely with internal auditors, external accountants, banking regulators and PNC service partners to ensure practices are in line with PNC's mission and goals. Serves as a senior expert for the team. Oversees and evaluates the activities of the professional and administrative staff, and supports recruiting, coaching and developing a talent pipeline. Manages the analysis and resolution of routine accounting issues, and ensures that the accounting and reporting for complex transactions is proper. Leads the preparation of reports and oversees production processes that summarize and forecast business activity and financial position related to income statement and balance sheet items, based on past, present and expected operations. Identifies and/or manages opportunities for process improvements. Leads the production of accurate and timely financial reports, for internal and external use, in accordance with generally accepted accounting principles and regulatory guidance, and in compliance with section 404 of the Sarbanes-Oxley Act. PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework. PNC also has fundamental expectations of our people managers. As a manager of talent in PNC, you will be expected to: Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking. Live the Values - Role models our values with transparency and courage. Enable Change - Takes action to drive change and innovation that will transform our business. Achieve Results - Takes personal ownership to deliver results. Empowers and trusts others in decision making. Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers. Qualifications Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position. Preferred Skills Balance Sheets, Decision Making, Finance, Financial Reporting and Analysis, Generally Accepted Accounting Principles (GAAP), Management Reporting, Tax Analysis Competencies Accounting, Accuracy and Attention to Detail, Budgeting, Effective Communications, Financial Analysis, Financial And Accounting Systems, Financial Reporting, General Ledger (G-L), Generally Accepted Accounting Principles (GAAP), Internal Controls, Sarbanes-Oxley Compliance Work Experience Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry experience is typically 8+ years. At least 5 years of prior management experience is typically required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. Education Bachelors Certifications No Required Certification(s) Licenses No Required License(s) 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; 9 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 pncthrive.com. Disability Accommodations Statement If an accommodation is required to participate in the application process, please contact us via email at [email protected]. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions. Equal Employment Opportunity (EEO) PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history. California Residents Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices. For nearly 160 years, PNC has strived to make a meaningful impact for our employees, customers, communities, and shareholders. We believe our success and positive reputation are built on open and honest dialogue, an unwavering focus on smart risk management, relationship-based customer service and community investments. Our inclusive workplace allows our employees to be heard, valued, and developed to do their best work. Being a great place to work means we are making a lasting difference for everyone we serve. Check out the top reasons to join PNC. PNC’s total rewards package includes things like time off, benefits, learning and career development, wellness programs, recognition and much more. The benefits and programs highlighted below are just a sampling of what PNC offers its employees. To learn more, visit our Total Rewards page. If you're not ready to apply yet, or you'd like to learn more about PNC, join the Talent Community to receive regular updates on what's happening at PNC and available career opportunities. Click to join!

Requirements

Executive Presence
Strong attention to detail
Financial reporting & analytical skills
Strategic Planning
Teamwork
Critical thinking
Ability to communicate effectively
Excel
Hyperion Essbase
Oracle
CCL
OAS
TOAD
Teradata
wDesk
Roles at this level typically require a university / college degree.
Industry experience is typically 8+ years.
At least 5 years of prior management experience is typically required.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Bachelors
Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking.
Live the Values - Role models our values with transparency and courage.
Enable Change - Takes action to drive change and innovation that will transform our business.
Achieve Results - Takes personal ownership to deliver results.
Empowers and trusts others in decision making.
Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers.
Accounting
Accuracy and Attention to Detail
Budgeting
Effective Communications
Financial Analysis
Financial And Accounting Systems
Financial Reporting
General Ledger (G-L)
Generally Accepted Accounting Principles (GAAP)
Internal Controls
Sarbanes-Oxley Compliance

Nice To Haves

Higher level education such as a Masters degree, PhD, or certifications is desirable.
Balance Sheets
Decision Making
Finance
Financial Reporting and Analysis
Generally Accepted Accounting Principles (GAAP)
Management Reporting
Tax Analysis

Responsibilities

Lead and manage Reserve Reporting Team through quarterly CECL production process
Manage the CCL application as owner and work closely with PNC Tech team.
Review and analyze reserve-related data for accuracy, trends, etc.
Collaborate across lines of businesses to ensure effective and timely results
Develop a working knowledge of the Current Expected Credit Loss (“CECL”) accounting standard
Serve as committee secretary
Identify forward looking agenda topics and partner with committee chair to develop meeting agendas
Coordinate, consolidate and review meeting materials prior to distribution
Document minutes and manage action items
Facilitate annual policy and charter renewal process and biannual subcommittee charter renewal process
Provides leadership and overall management expertise for all aspects of accounting activities, including related production processes, financial analysis, internal and external reporting, and related compliance and administrative requirements.
Generally manages a team supporting one or more business sub-segments or functions; manages a complex business sub-segment or function; or supports a broad set of work products.
Typically serves as a manager of individual contributors and may serve as a manager of managers.
Ensures the accounting policies, operating procedures and practices of the company are followed.
Works closely with internal auditors, external accountants, banking regulators and PNC service partners to ensure practices are in line with PNC's mission and goals.
Serves as a senior expert for the team.
Oversees and evaluates the activities of the professional and administrative staff, and supports recruiting, coaching and developing a talent pipeline.
Manages the analysis and resolution of routine accounting issues, and ensures that the accounting and reporting for complex transactions is proper.
Leads the preparation of reports and oversees production processes that summarize and forecast business activity and financial position related to income statement and balance sheet items, based on past, present and expected operations.
Identifies and/or manages opportunities for process improvements.
Leads the production of accurate and timely financial reports, for internal and external use, in accordance with generally accepted accounting principles and regulatory guidance, and in compliance with section 404 of the Sarbanes-Oxley Act.