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Bank Of America Manager Regulatory/Accounting Policy United States, North Carolina, Charlotte 766468106
Job Description:
Job Description:
The primary responsibility is developing and maintaining the company’s accounting policies and procedures for regulatory and financial reporting. The primary focus of the job will be on interpreting the regulatory reporting requirements. The Accounting Policy Manager will report to the Head of Accounting Policy and will be responsible for guiding the application of accounting and regulatory reporting rules for the company. This position is a high-visibility role that will work with all levels of management, members of the business and company’s external auditor.
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Responsibilities:
This role will partner with other Accounting Policy professionals to perform and document technical research and provide interpretive guidance on existing and emerging regulatory rules and accounting standards. Additionally, the role reviews new products and complex transactions for compliance with GAAP and regulatory reporting regulations. This role will also be expected to maintain advanced knowledge of GAAP, regulatory requirements and lead in-house training sessions. As a senior member of the Accounting Policy group, this role will advocate on behalf of the bank with accounting standard setters, regulators and various industry organizations.
Required Qualifications:
- Minimum of 10+ years of experience and a distinguished record of performance as an accounting profession including progressive leadership roles at a major diversified financial institution.
- Bachelor’s degree or equivalent work experience
- Extensive experience with Generally Accepted Accounting Principles (GAAP)
- Ability to understand and dissect complex transactions.
- Extensive experience and knowledge of US regulatory reporting requirements within the banking and financial services industry.
- Effective, high energy business partner with the ability to influence, collaborate, and work across the organization, with the CFO, CAO, controllers, treasury, tax and other finance leaders.
- Proven experience to work across teams within the organization to implement accounting standards and lead projects.
- Strong communication skills including written and oral presentation skills with an ability to interact at different levels of the organization.
- Excellent time management and organization skills
Desired Qualifications:
- CPA or Masters in Accounting or MBA
- Regulatory and Accounting Policy experience for a large financial institution
- Experience with a major public accounting firm
Skills:
- Data and Trend Analysis
- Financial Accounting
- Interpret Relevant Laws, Rules, and Regulations
- Regulatory Compliance
- Risk Management
- Attention to Detail
- Continuous Improvement
- Financial Analysis
- Project Management
- Reporting
- Analytical & Critical Thinking
- Regulatory/Technical Accounting research and analysis
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