Truist Senior Financial Officer III 

United States, New York, New York 

208766189

Regular or Temporary:

English (Required)

1st shift (United States of America)

**This is not a remote role

The annual base salary for this position is $280,000- $300,000

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.

2. Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies TIH’s risk appetite; adheres to both the letter and spirit of applicable company policies, procedures, processes, standards andregulatory/compliancerequirements. Drives change and takes a new perspective on existing solutions to advocate innovative solutions. Establishes long-term solutions for continuous improvement. Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.

3. Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards andregulatory/compliancerequirements. Drives change and takes a new perspective on existing solutions to advocate innovative solutions. Establishes long-term solutions for continuous improvement. Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.

4. Leads assigned LOBs through annual planning process, including rationalizing corporate Plan allocated to LOB and adjustments for organizational changes or reinvestments. This includes working closely with Executive Leadership and LOB Senior Leadership to develop the annual budget. Serve as central coordination point between the Corporate Financial Planning & Analysis, Financial Executives and assigned LOBs executive leaders in order to incorporate corporate directives into the financial plans. Work closely with LOB Senior Leadership to ensure their agreement with, and incorporate their directives into, the division's overall financial plan.

5. Leads team to serve as the centralized contact point for the assigned LOBs for the Comprehensive Capital Analysis and Review (CCAR) and Stress Test data submissions and provide feedback to the LOBs on the data submitted.

6. Works closely with LOB Senior Leadership to provide financial support and complete other assigned projects, as requested, on an independent level with minimal direction. Responsibilities include engaging with, and driving innovative business and product development by way of drafting and validating proposed business case financials/value at stake, driving/partnering with LOB in strategy development, leading preparation of presentations regarding new business or product initiatives, financial results of the LOB group, budget and corporate plan results, preparation and maintenance of various management reports, support and coordination of the strategic planning processes for the assigned LOB units, support and coordination with other functions in carrying out their responsibilities for assigned LOBs; financial analysis and operational support for merger and acquisition opportunities, and serve on special LOB projects as requested.

7. Supporting the quarterly issuance of the LOB Segment Reporting in internal and external financial reports 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.

8. Managing the accounting responsibilities for the supported Business Unit (s). Responsibilities include: engaging centralized controller functions, 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 perform the essential functions.

1. Bachelor's degree in Finance or Accounting, or equivalent education and related training.
2. Fifteen years of relevant finance or accounting experience that includes complex financial analysis andleadership/supervisionof finance teams
3. Incumbent must possess the significant industry experience including Managing General Agent (“MGA’) and Managing General Underwriter (“MGU”) operations and business vision to provide leadership to support to the division manager and Executive leadership and demonstrated ability to deal with ambiguity.
4. Sound and comprehensive understanding of business and organizational strategies and processes. Ability to build consensus through communication and presentation of factual and relevant information.
5. Strong verbal and written communication skills to interpret and communicate financial analysis to business partners in a concise and useful manner.
6. Strong analytical and problem-solving skills.
7. Sound and logical decision-making abilities.
8. Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
9. Familiarity with GAAP, with specific knowledge of GAAP related to supported LOBs. High proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products. Financial Modeling experience.

1. Supervisory experience of multiple teams
2. Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
3. Master's degree or MBA
4. Specific financial services or specialized industry experience including corporate development.