Banking Controls Accounting Manager I

M&T Bank; Buffalo (NY); On-site; USD 62,000 - 104,000; Full time

Job summary

M&T Bank is seeking a Financial Reporting Supervisor in Buffalo, NY to oversee the production of financial reports and reconciliations across bank product accounting systems for timely data. You will guide staff, ensure deadlines and accuracy, and support cost-control strategies with strong internal controls.

Role requires GAAP/regulatory knowledge, vendor management, and active involvement in audits while advancing departmental risk controls and management updates.

Qualifications

• Bachelor’s degree and at least 2 years’ related work experience, or an equivalent combination totaling at least 6 years.
• Minimum of 1 year’s work leadership or supervisory experience.
• Accounting experience in a financial services firm.
• Familiarity with loan and deposit servicing.

Responsibilities

• Manage the production of financial reports and reconciliations to provide timely data for internal and external partners.
• Ensure deadlines are met and accuracy is maintained in GL accounting and third-party portfolios.
• Supervise staff, provide training, and contribute to cost-reduction strategies with controls.
• Support business line initiatives and assess impacts from an accounting perspective.
• Monitor compliance with GAAP, regulatory requirements, and internal controls.
• Participate in internal and external audits and report results to management.
• Promote belonging and uphold M&T Bank brand in daily operations.

Skills

Leadership

Regulatory knowledge

GAAP

Financial reporting

Vendor management

Education

Bachelor’s degree in Accounting

MBA

Job description

Overview:

Manages the production of financial reports and reconciliations of various Bank product accounting systems to provide timely data for internal and external partners. Manages the reconciliation of incoming and outgoing funds affecting the Bank's general ledger and/or accounting for the Bank's third party-owned portfolio. Provides oversight and supervision to ensure all internal and external deadlines are met, while providing accurate reporting. Remains current on regulatory, GAAP (Generally Accepted Accounting Principles) or third party guidelines and manages procedural updating to accommodate changes. Monitors and participates in external and internal audits. Participates in department or COE-wide projects as necessary.

Primary Responsibilities:

• Manage the production of financial reports and reconciliations of various Bank product accounting systems to provide timely data for internal and external partners. Manage the reconciliation of incoming and outgoing funds affecting the Bank’s general ledger and/or accounting for the Bank’s third party-owned portfolio.
• Ensure assigned staff is fully trained in required responsibilities and that all internal and external deadlines are met, while maintaining accuracy.
• Provide input to develop strategies to reduce costs within the unit, while ensuring adequate controls are maintained.
• Support business line initiatives and their impacts to operations from an accounting perspective. Participate, assess and implement changes related to business line projects.
• May manage vendor relationships.
• Monitor procedures and performance to ensure processes remain compliant with Bank policies, GAAP, regulatory and/or contractual requirements.
• Monitor the effectiveness of controls and risk assessment within department processes.
• Participate in internal and external audits and manage to the results.
• Contribute to senior management updates as required.
• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Education and Experience Required:

Bachelor’s degree and a minimum of 2 years’ related work experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 2 years’ related work experience

Minimum of 1 years’ work leadership or supervisory experience

Education and Experience Preferred:

Bachelor’s degree in Accounting

Master’s degree in Business Administration (MBA)

Minimum of 1 year’s supervisory experience

Accounting experience in a financial services firm

Familiarity with loan and deposit servicing

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $62,200.00 - $103,600.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America