Corporate Accounting and Reporting Manager

Regal Executive Search; Oakland (CA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Full Benefits

Bonus Eligible

Job summary

Regal Executive Search is seeking a Senior Corporate Accounting and Reporting Manager to lead the general ledger and close processes for the bank's financial operations. You will supervise a 12+ person team and drive consolidation across bank and non-bank subsidiaries, partnering with senior financial managers.

The role requires CPA and extensive GAAP knowledge, with emphasis on accounting policy, controls and system implementations.

Qualifications

• Bachelor's Degree in accounting required.

Responsibilities

• Lead general ledger governance for new accounts and monthly close process.
• Oversee consolidation for bank and subsidiaries.
• Manage a 12+ FTE accounting team and partner with senior managers.
• Ensure GAAP compliance and accurate financial reporting.

Skills

General Ledger

Leadership

GAAP

Mergers & Acquisitions

Regulatory Compliance

ERP Systems

Education

Bachelor's Degree in accounting

CPA

Tools

Hyperion

Excel

Microsoft Access

Word

Job description

Corporate Accounting and Reporting Manager

• Full-time

We currently have an opening on the Operational Accounting Team.

In this Senior-level role you will:

Be responsible for overall management of the bank's general ledger control including parent company accounting, monthly close process, consolidation process, etc.

• Build and lead a core accounting and financial control operations management team consisting of 12+ FTEs responsible for developing, managing and executing accounting processes, policies and procedures for General Ledger accounting operations, including accounting for the Bank's loans and deposits of the Bank's balance sheet. Role also has responsibility for leading accounting integration efforts for new acquisitions.
• The Manager and his/her team reports to the Assistant Controller and will partner closely with existing senior managers of financial control and financial IT to develop and implement an improved accounting and financial control infrastructure for the Bank's financial operations.

The ideal Candidate:

We are looking for a polished and motivated self-starter with superior leadership, collaboration and change management skills and a mix of public accounting/ industry experience. Banking experience is preferred, but not required. The ideal candidate should desire to make a positive impact on a large organization by executing on change management program and collaborating with peers and subordinates.

This role requires a finance professional with long term progressive experience managing an operational accounting group, demonstrated leadership and change management skills with exposure to planning for and managing the financial integration of acquired companies.

The Details:

General ledger accounting and operations

• Takes the lead from the general ledger accounting perspective in the chart of account governance process for new general ledger accounts.
• Oversees amortization of prepaid expenses, and amortization and accretion of purchase accounting entries.
• Oversees the monthly accrual process.
• Manages the unusual variances in the daily general ledger reports.
• Develops and manages the monthly close process.
• Manages general ledger control for parent company accounting.
• Manages consolidation process including the Bank’s subsidiaries, and non-bank subsidiaries.
• Works closely with other groups and business units to clear aging and/or suspense items.
• Ensure that corporate accounting policies are consistently applied against all loan, investment and liability portfolios
• Supervision of Accounting Subject Matter Expert teams over Commercial Loan Accounting, Risk and HR Accounting
• Manages preparation of reports for senior management of Bank’s Corporation.
• Manages the preparation of Bank’s monthly close process

Certifications and Reconciliations

• Works closely with the centralized Certification and Reconciliation Department and systems used in production environments and support to Bank’s operational accounting. Constantly looks for ways to improve the effectiveness and efficiency of the processes.
• Assists groups and business units needing help with certifications and implementation of automated reconciliations and are properly accounted for under GAAP.
• Work closely with Certification group on implementing, tracking, monitoring and reporting internal control activities related to the certification and reconciliation program.
• Manages staff including selection, motivation and performance management. Allocates resources effectively.
• Develops policies, procedures and processes to ensure compliance with all accounting and regulatory requirements and to ensure efficiency and effectiveness of function.
• Innovate to create better controlled, more effective and efficient entity wide accounting processes.
• Business unit contact for Operational Accounting and Accounting Policy implementation questions.
• Work with Corporate Development and Legal teams to determine the scope, resources and timing for due diligence, purchase accounting and financial integration efforts.

• Bachelor's Degree with emphasis in accounting
• CPA
• 7+ years of progressively increasing responsibility in accounting/finance field with at least 2 years direct hands-on operational accounting experience at a managerial level
• 5+ years in general ledger and reporting
• 5+ years in management (will manage Vice President level Managers
• Candidate has shown leadership capability potential in previous roles
• Excellent knowledge of accounting, general ledger and reporting requirements in a major financial institution.
• Monthly closing, consolidation and parent company accounting
• Software programs including Microsoft Access, Excel and Word with preferred skills in Hyperion
• Innovative, self-directed, and comfortable with decision‑making responsibility
• Experience in managing system implementations

Level Supervised

Physical Requirements

- Sedentary Work: lifting a maximum of 20 pounds, frequent standing/walking.

Benefits - Full

Bonus Eligible - Yes