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Truist Corporate Accounting Manager 
United States, North Carolina, Charlotte 
73176283

29.08.2024

Regular or Temporary:

English (Required)

1st shift (United States of America)
Please review the following job description:
Corporate Accounting Manager with a strong GAAP background responsible for providing accurate recording of all corporate accounting activities (most non-interest income expense, except for fixed assets, real estate and enterprise technology). Provide leadership in the development, design, implementation and ongoing management of assigned accounting processes. Assist with the accurate and timely compilation and submission of accounting-related reports and filings for assigned area of responsibility in accordance with generally accepted accounting principles (GAAP) and regulatory requirements.
Maintain appropriate internal controls over financial reporting in accordance with the SOX framework and internal policies and standards.
  • Direct, manage and lead junior staff to intermediate accountants and/or analysts, including reviewing work, answering questions or working through deliverables.
  • Assist and guide subordinates, peers, business partners in properly classifying accounting transactions and in identifying and explaining general ledger account variances.
  • Collaborate with the Line of Business finance partners to ensure accurate recording of transactions to the GL
  • Prepare or review journal entries and monitor assigned account activity to accurately record Truist’s financial transactions in accordance with GAAP and internal accounting policies.
  • Compile and maintain necessary supporting documentation.
  • Complete or review and approve reconcilements for assigned general ledger accounts in accordance with corporate reconcilement policies and standards.
  • Perform GAAP research and resolve items with the guidance of Accounting Policy as needed.
  • Design, implement and document accounting and reporting process workflow and controls for assigned accounts and subsidiary accounting systems (which may include spreadsheets, databases or applications), including reconcilement controls and maintaining adequate supporting documentation.
  • Recommend control refinements as products, processes, GAAP, regulatory reporting requirements or corporate policies change.
  • Design, prepare or review, submit and interpret reports related to financial performance, internal control compliance, budget or forecast variances, etc. for assigned areas of responsibility.
  • Preparation/review of reporting and analyses of monthly results in support of the closing process (EOC, explanation of changes) and understanding and reviewing financial results
  • Maintain a working knowledge of GAAP and regulatory reporting requirements applicable to assigned areas of responsibility.
  • Maintain or update existing accounting policies or standards related to areas of responsibility.
  • Review and update policies and procedures for compliance with governmental regulations and corporate policies and standards.
  • Develop new accounting processes and procedures as needed.
  • Respond to requests for information from auditors and examiners.
  • Responses to external and regulatory requests should be made in collaboration with Accounting Policy.
  • Monitor internal and regulatory alerts for changes to filing requirements and deadlines.
  • Work with assigned line of business operations, administration, data center, and/or IT support to ensure proper data capture, categorization and summary of:
  • Transactional and period-end information for management, regulatory, and financial reports and supporting schedules, and
  • Specialized product, expense, volume, variance, valuation, system use, account activity or trend information for management reports or regulatory filings.

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, finance or business administration or equivalent education and related training
  • Five years of relevant accounting experiencethat includes complex financial analysis.
  • Strong foundation in GAAP concepts and the ability to research GAAP questions
  • Good interpersonal skills across organizational levels
  • Strong verbal and written communication skills
  • Strong analytical, problem solving and decision-making skills
  • Demonstrated organizational and leadership skills
  • Ability to prioritize effectively and meet critical deadlines
  • Demonstrated proficiency in computer applications, such as Microsoft Office products, with an emphasis in spreadsheets, word processing and database software

Preferred Qualifications:

  • Professional designation as a CPA or CMA Master’s degree in accounting, finance or business administration
  • Three years of financial services accounting experience