Accounting Manager

4 weeks ago

Raleigh, United States Truist Financial Corporation Full time

Language Fluency:

English (Required)

Work Shift: 1st shift (United States of America)

Job Grade: H04

Please review the following job description: Direct and manage a staff of junior to more experienced accountants or analysts in the performance of a variety of accounting and reporting activities.

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.

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.

Direct, manage and lead a staff of junior to intermediate accountants and/or analysts, including hiring, scheduling, preparing performance evaluations and making salary recommendations. Plan for orderly workflow and growth. Assist and guide subordinates and peers in properly classifying accounting transactions and in identifying and explaining general ledger account variances. Prepare or review journal entries and monitor assigned account activity to accurately record Truist Insurance Holdings’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. Research and resolve items as necessary. Maintain adequate supporting documentation. 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. 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. 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. Prepare and submit required schedules, reports or filings for assigned areas of responsibility to designated reviewer, department or regulatory authority in a timely and accurate manner. 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. Qualifications 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 experience Two years of supervisory experience 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 Solid foundation in GAAP concepts

Preferred Qualifications: : Professional designation as a CPA or CMA Master’s degree in accounting, finance or business administration Five years of financial services accounting experience General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the

position. Truist

offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit

our Benefits site . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

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