Managing Director Financial Reporting jobs at Truist in United States, Charlotte

Regular or Temporary:

English (Required)

1st shift (United States of America)
Please review the following job description:

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Collaborates and works across the Finance division to ensure integrity of the financials and ensures sound controls and procedures.
• Supports reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.
• Financial professional role that applies in-depth knowledge within own professional discipline and a deeper understanding of concepts and principles of the business to produce relevant financial analysis and reporting.
• Compiles, reviews, and submits timely and accurate monthly reporting related to the Bank's financial performance or strategy. These may include: pro-forma projections for transaction, products, market segmentation strategies or acquisitions; income/expense or cash flow forecasts; regulatory interpretations, variance analysis and explanations for financial statement line items; or summaries, charts and graphs of data to highlight key results.
• Ensures that source data is reliable, complete and documentation is maintained to support data integrity initiatives.
• Interpret and summarize results and trends for Senior Leadership.
• Applies knowledge of best practices derived from experience to assist in solving problems of higher operational or technical complexity by analyzing possible solutions using data analysis, experience, judgement and precedents.
• Drafts materials to senior leadership summarizing issues and communicating solutions.
• Reviews monthly financial close, monthly forecasting and annual financial planning processes for accuracy and reasonableness, including entries for month-end close, forecast updates, and Plan development.
• Updates and automates retrieval of financial information via the use of simple spreadsheets to more complex databases and reporting templates.
• Develops and performs testing of economic models as necessary.
• Maintains necessary documentation of source data, ensuring adequate support of data integrity.
• Subject matter expert on products, fees, and fee codes, regulatory reporting requirements, business cycles, origination channels and accounting flow for assigned area of responsibility.
• Maintains working knowledge of generally accepted accounting principles (GAAP), building expertise related to assigned area of responsibility.
• Broadens understanding of more complex accounting, profitability, regulatory, and business segment nuances, including cost allocation methodology, funds transfer pricing, and vendor contracts.
• Provides line of business (LOB) leadership with the monthly performance review package by preparing and providing explanation of changes and identification of trends for use in discussions with the Senior Financial Officer (SFO) and other members of Senior Leadership.
• Monitors financial performance for specified LOBs.
• Assists in detecting changes in business trends and opportunities for improvement.
• Maintains a strong working relationship with supported business area to complete tasks and deliver high quality work.
• Builds relationships with cross-functional departments to broaden knowledge and solve more complex situations.
• Coordinate with internal and external audits and examinations (responses to External and Regulatory requests are to be made in collaboration with Accounting Policy).
• Assist in risk management governance and business continuity planning processes as necessary.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's degree in Accounting or Finance, or equivalent education and related training.
• Four years of relevant accounting or finance experience that includes complex financial analysis.
• Ability to take direction and then work independently to complete tasks while considering broader implications or necessary additional analysis.
• Ability to build consensus through communication and presentation of factual and relevant information.
• Strong verbal and written communication skills.
• Strong analytical and problem-solving skills.
• Sound and logical decision-making abilities.
• Ability to work well with others in a dynamic, team-oriented environment.
• Proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products.

Preferred Qualifications:

• Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
• Master's degree of MBA
• Specific financial services or specialized industry experience.
• Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
• Experience with macros/VBA.
  

Regular or Temporary:

English (Required)

1st shift (United States of America)
Please review the following job description:

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Collaborate and work across the Finance division to ensure integrity of the financials and ensure sound controls and procedures.
• Support reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.
• Senior Financial Manager role that coordinates financial analysis and reporting process workflow within team.
• Provide leadership, talent development, and mentoring for team members to improve their own technical expertise; review and approve work of other team members.
• Foster a team environment that promotes diversity and inclusion broadly across the organization.
• Ensure that changes to reporting process workflow and/ or data source are documented and communicated to downstream reporting groups.
• Identify and resolve technical, operational, risk management, business, and organizational challenges.
• Understand and exemplify Truist’s risk appetite; adhere to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements.
• Take a new perspective on existing solutions to propose innovative solutions.
• Establish long-term solutions for continuous improvement.
• Prepare and review materials to senior leadership summarizing issues and communicating solutions.
• Work closely with AFR Senior Leadership to provide financial support and complete other assigned projects, as requested, on an independent level with minimal direction.
• Responsibilities may include preparation of presentations regarding new business initiatives, financial results, budget and corporate plan results, preparation and maintenance of various management reports, support and coordination of the strategic planning processes, support and coordination of the annual IT Strategic Project process, coordination with
• Enterprise Support Services and IT in carrying out their responsibilities; financial analysis and operational support for merger and acquisition opportunities, and serve on special projects as requested.
• Support the quarterly issuance of the Press Release and regulatory filings (Annual 10-K and quarterly 10-Q’s) through the gathering of reporting data from the assigned LOBs.
• Develop an error-free documentation trail to support the submission of the data and meet the various submission deadlines.
• Manage the accounting responsibilities for the supported Business Unit(s).
• Responsibilities include: ensuring GAAP compliance, managing the monthly accounting cycle, maintaining appropriate controls to ensure the timely and accurate posting of entries for all transactions, ensuring accurate completion of closing packages and management reports including explanation of changes and narrative on results of operations, and ensuring all assigned account reconcilements are up-to-date and in compliance with reconcilement policy.
• Provide first line execution and oversight for financial reporting controls and risk for Finance processes.
• Provide accounting guidance to Business Unit(s) leadership and consult with Accounting Policy, as appropriate, on matters including but not limited to business combinations, intercompany transactions, capitalization, revenue recognition, cost allocations and accrual and fixed asset accounting.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree in Accounting or Finance, or equivalent education and related training.
• Twelve years of relevant accounting or finance experience that includes complex financial analysis.
• Incumbent must possess the experience and business vision to provide leadership to support to the Corporate Controller and Executive leadership.
• Sound and comprehensive understanding of business and organizational strategies and processes.
• Ability to build consensus through communication and presentation of factual and relevant information.
• Strong verbal and written communication skills to interpret and communicate financial analysis to business partners in a concise and useful manner.
• Strong analytical and problem-solving skills. Sound and logical decision-making abilities.
• Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
• Familiarity with GAAP, with specific knowledge of GAAP related to supported business units.
• High proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products.
• Financial Modeling experience.

Preferred Qualifications:

• Supervisory experience of multiple teams.
• Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst.
• Master’s degree in Business Administration.
• Specific financial services or specialized industry experience.
• Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
• Experience with macros/VBA.

Regular or Temporary:

English (Required)

1st shift (United States of America)Please review the following job description:

Regular or Temporary:

English (Required)

1st shift (United States of America)Job Summary
Actively source, deepen, grow and retain client relationships, both self-sourced as well as generated from internal partners, by providing distinctive and personalized investment advice, products and solutions based upon clients' individual goals and investment needs. Advises clients and prospective clients with a focus on analyzing objectives and risk tolerance to determine which financial strategies and solutions best meet the client's needs.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Develop and maintain a profitable level of securities and insurance sales by executing on opportunities identified self-sourced prospecting as well as through referrals from retail partners, ensuring alignment to the client segmentation model and the client's best interests.

2. Utilize a consultative sales process to partner with clients to review investment plans on a regular basis.

3. Implement investment decisions promptly and accurately, properly record transactions and inquiries, and ensure client files are correctly completed and maintained.

4. Remain knowledgeable of and familiar with all products currently offered by Truist Wealth and complete continuing education requirements.

6. Conduct branch training sessions and investment product educational seminars for clients and prospects.

7. Adhere to professional and ethical standards set forth by Truist, the Financial Industry Regulatory Authority (FINRA), and other regulatory bodies.

QUALIFICATIONS

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree in Business, Accounting, Finance or Banking, or equivalent education and related experience.

2. FINRA Series 7, 66 (63 and 65 in lieu of 66) licenses.

3. Applicable state health and life insurance licenses.

4. Securities sales and client relationship management experience.

5. Organized and self-motivated individual, with strong analytical, problem-solving, interpersonal and relationship management skills.

6. Competent skills in Microsoft Office software products.

Preferred Qualifications:

1. Banking experience

2. Additional credentials such as the Certified Financial Planner Designation (CFP), CIMA, etc.

Regular or Temporary:

English (Required)

1st shift (United States of America)Please review the following job description:Technical accounting subject matter expert responsible for effectively communicating and ensuring the enterprise’s proper understanding and appropriate implementation of accounting policies and practices in accordance with the extremely complex and dynamic accounting principles generally accepted in the United States (GAAP) and subject to effective internal controls in connection with the SOX and FDICIA programs. Provide expert advice on a broad range of complex accounting and financial reporting issues to the Finance organization and other senior leaders.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Serve as an effective business partner and informed advisor in collaborating across the organization in achieving financial reporting that (i) complies with GAAP, (ii) is transparent, (iii) is representationally faithful to the business objective and economics of the underlying transaction or activity and (iv) is produced in a well-controlled, practical and operationally sustainable manner.
2. Research appropriate accounting treatment and provide well-informed advice for complex transactions or financial matters for Truist Financial Corporation and its subsidiaries to ensure compliance with GAAP, regulatory reporting and affiliate transaction requirements. Such complex issues include but are not limited to acquisitions, divestitures, credit losses, hedge accounting, transfers and variable interests.
3. Support the accounting and reporting for highly complex transactions. Responsibilities include accurate financial reporting and adequate internal controls, preventing or detecting financial reporting fraud and ensuring that Truist complies with applicable Accounting Policies and Standards.

4. Closely monitor the standard setting process of the Financial Accounting Standards Board ("FASB,") and United States Securities and Exchange Commission ("SEC,"), as well as the Federal Deposit Insurance Corporation ("FDIC") and the Federal Reserve Board ("FRB") as applicable to bank accounting and reporting, to ensure that all relevant proposed changes to GAAP and other reporting requirements are understood and the impacts communicated to senior leaders timely.
5. Oversee the implementation of new accounting or external reporting requirements, which includes development of accounting, regulatory reporting and affiliate transaction policies and standards, design of operational processes necessary to ensure full compliance with any new requirements, and the development of the related internal control framework related to these new processes.

6. Prepare and/or revise accounting policies and procedures to effectively manage the risk of GAAP non-compliance by reflecting new accounting pronouncements or guidance, improving clarity or responding to changing circumstances.

7. Proactively provide counsel to senior leaders and financial management on complex accounting and external reporting issues. Provide accounting guidance in response to inquiries from auditors, regulators and others regarding specific transactions, issues and other matters.

8. Ensure the design and implementation of adequate processes and controls to comply with relevant GAAP such as to prevent deficiencies in internal control over financial reporting. Support the Risk Management Organization through the effective identification, measurement, communication and mitigation of GAAP risk in adherence with requirements.

9. Prepare and review of relevant sections of the SEC Forms 10-K and 10-Q for compliance with GAAP, including disclosure checklists. Review drafts of the quarterly press release, Forms 10-K and 10-Q, and other regulatory reporting in compliance with GAAP and regulatory requirements.

10. Participate in various banking organizations via periodic meetings and committees. Use industry contacts to assess accounting standard and regulatory reporting implementation efforts. Participate in peer-bank accounting policy forums and industry professional organizations to discuss and influence significant accounting policy issues for the banking industry. Draft comments on proposed new accounting standards and regulatory reporting rulemaking, as applicable.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree in Accounting, Finance or equivalent education and related training
2. Certified Public Accountant (CPA) designation; strong technical accounting knowledge
3. Twelve years of relevant accounting or accounting policy experience
4. Intelligent, strong and decisive leadership within an organization because of high integrity, intellectual clarity, and a passion for excellence; strong leadership abilities including proactive thinking and teamwork to drive the best business decisions
5. Strong personal and professional ethics with impeccable integrity
6. High energy level and strong work ethic to meet the demands of a fast paced, goal driven environment; results orientation, which includes meeting commitments, performance metrics, and targeted and required delivery dates
7. Self-motivated with the ability to work without supervision; ability to work under difficult time constraints and manage multiple resources, priorities and projects
8. Strong team orientation: eagerness to pitch in and help larger teams meet goals and responsibilities
9. Excellent technical and research skills; excellent communication and presentation skills; excellent critical and conceptual thinking, problem solving ability and analytical skills; excellent interpersonal skills across internal and external organizational levels
10. Demonstrated proficiency in computer applications, such as Microsoft Office software products, with an emphasis on spreadsheet, word processing and database software

Preferred Qualifications:

1. Master's or advanced degree in Business or Accountancy
2. Prior experience working for a large, SEC-registered financial institution or senior manager-level public accountant with extensive bank experience

Regular or Temporary:

English (Required)

1st shift (United States of America)This role will be a key contributor within the Corporate Strategy & Strategic Initiatives organization. The role will be expected to help shape the prioritization of enterprise strategic initiatives by analyzing large sets of data and formulating recommendations into insightful takeaways/recommendations in PPT or word form as well as verbal updates.

The following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Provide analytic support (e.g., data analysis, reviewing processes, researching industry or competitor trends / benchmarks, building Excel-based models, etc.) to inform strategic initiatives (including the why and how the initiative might be required).
• Create documents and presentations for executive leadership that clearly articulate recommendations, tradeoffs, and/or strategic choices with rationale around why conclusions are being suggested/made including supporting Board materials when necessary.
• Identify required information/data sources, gather and interpret the data, execute necessary analysis, and then present findings in the form of verbal, slide, or email updates to the Corporate Strategy leaders they are supporting as well as business and functional partners across Truist.
• Engage independently with (as well as at times providing readouts directly to) the Head of Corporate Strategy & Strategic Initiatives without manager involvement.
• May be asked to maintain pulse of the strategic investment – including reconciliation of funding v. plans, aiding the active disposition of ongoing investment requests and backlogs, and providing content to prepare for investment portfolio planning discussions with Executive Leadership and/or Board.
• Remain fluent with latest reporting and data analysis software and skills.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Degree in Finance, Accounting, Economics, or similar business/analytical discipline.
• 5+ years of work experience preferably with a bulk of it within Financial Services or another regulated/multiple legal entity type environment.
• Work experience in a financial services product or client experience organization, at a consulting firm, and/or a corporate strategy organization.
• Proven ability to perform competitive, market, and internal product/operational analyses; comfort modeling or synthesizing ‘directional’ insights that sometimes requires triangulation of various data points to derive a conclusion Experience with Tableau, PPT, Excel and other presentation and data automation programs.

Preferred Qualifications:

• Work experience in a financial services product or client experience organization, at a consulting firm, and/or a corporate strategy organization.
• Experience engaging and working around executive leaders – including engaging with senior leaders somewhat independently once a relationship is built.

Regular or Temporary:

English (Required)

1st shift (United States of America)

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Perform comprehensive financial analysis for consolidated- and product-level financial projections under different macroeconomic scenarios; ensure key elements of macroeconomic scenarios are incorporated into forecast results across different forecast workstream areas
2. Develop and maintain financial management tools for accurate and timely reporting and analysis of stress test results, including presentations for senior and executive management during the review and challenge process as well as summary information included in Truist’s Capital Plan
3. Support the implementation of a robust sensitivity analysis framework and associated range of outcomes to assess Truist’s financial performance and capital adequacy under a range of macroeconomic scenarios
4. Develop and maintain processes and controls to accurately report starting actuals and forecast projections for the FR Y-14A and DFAST-14A during CCAR stress test events. Manage information capture process and maintain centralized financial projections and related information related to stress test forecast results. Ensure that up- and down-stream data is accurately adjusted to meet all regulatory reporting requirements.
5. Oversee and lead teammates that support FR Y-14A reporting. Establish goals and clear expectations for analysts supporting regulatory reporting activities as well as initiatives to overhaul key management reporting processes.
6. Establish reporting and data requirements and communicate expectations with CCAR forecast owners during the stress testing reporting cycle to effectively and accurately capture forecast results. Ensure tie-in with forecast results throughout the process to understand and be able to identify possible report discrepancies. Establish processes with CCAR forecast owners to evaluate and attest to the accuracy of the data transformation from managed to 14A view.
7. Institute effective controls and review processes to develop accurate regulatory reports and summary reporting to improve management reliance on the reports submitted. Develop appropriate reporting and presentations to notify management of results, assumptions, and limitations in the production of FR Y-14A and DFAST-14A reports
8. Lead engagement with cross-functional stakeholders such as Enterprise Risk Management, Strategic Finance, Client Profitability, Corporate Strategy and other areas to ensure capital adequacy and stressed capital is incorporated into enterprise-wide risk assessments, profitability measurement and management frameworks and other planning functions as necessary
9. Engage business partners and Executive Leadership to develop relationships, meet business needs, and lead the integration of financial and strategic planning to support robust and cohesive financial risk decisions.

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor’s Degree in Finance, Engineering, Science, Mathematics, or related fields
2. At least twelve years of senior level financial management experience that includes progressive supervisory responsibilities with experience leading high performing teams
3. Excellent leadership and management skills, with experience building relationships across a complex, diverse organization
4. Significant experience with key regulatory reports and requirements, including but not limited to FR Y-9C, FR Y-14A, FR Y-14Q, and FR Y-14M
5. Comprehensive knowledge of regulatory capital requirements, stress testing methodologies and financial forecasting techniques, and related information aggregation and reporting processes
6. Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software
7. An in-depth understanding of mechanics and dynamic of bank balance sheets and associated exposures. Demonstrated understanding of impacts to regulatory capital under severe macroeconomic stress scenarios
8. Deep financial analysis experience, including assessments of profitability and performance under different macroeconomic scenarios
9. Experience with developing forecasting approaches (models, EUCs) that meet regulatory and other stakeholder expectations
10. Proven track record of leading change management initiatives while developing innovative solutions to large complex issues
11. Extensive knowledge of banking products and lines of business
12. Strong presentation skills and experience interacting with key internal and external stakeholders

1. Advanced degree (e.g., masters) in Finance, Engineering, Science, Mathematics, or related fields
2. Leadership in capital planning functions at a global systemically important bank (GSIB)
3. Industry designations such as Chartered Financial Analyst (CFA), Financial Risk Manager (FRM)
4. Experience developing financial methodologies that align with management reporting hierarchies
5. Broad network of external resources and connections to facilitate industry insight, peer comparisons, and market analysis