| Accounting Policy Director |
Job Code: JAQ82044 |
Description: The Accounting Policy Director will have primary responsibility for ensuring that the corporation's accounting policies and procedures are in accordance with generally accepted accounting principles. Key responsibilities of this position consist of: •Advises management on the proper application of generally accepted accounting principles related to new or unusual transactions. •Partners with finance personnel throughout the organization to understand new products and/or strategies which require accounting interpretations. •Monitors the development of new accounting standards at the FASB and briefs senior management on future changes to our accounting practices. •Leads the accounting policy team in the implementation of new accounting standards and obtains consensus from management on implementation strategies. •Directs the work of accounting policy staff and prioritizes resources to address time sensitive issues. Oversees the development of internal accounting policies. •Reviews all accounting policy conclusions on significant or complex subjects. •Presents significant accounting policy conclusions to the external auditors, facilitates their understanding of the issue and the basis for our conclusions. •Manages the continued professional development of accounting policy personnel. •Communicates with peers at other financial institutions to assess industry policies and practices. •Normal business hours. Some overtime required at quarter end or when time sensitive issues need resolution. Requirements: •CPA, MBA, Master in Accounting •10 + years of technical accounting experience in a financial industry or public accounting •5+ years of supervisory experience •Knowledge of GAAP, SEC reporting requirements, and regulatory guidelines. •Candidates must have: * experience with complex accounting subjects such as derivatives, loan sales and securitizations, business combinations and other subject matters. * MBA, Master in Accounting or CPA * 10 + years of technical accounting experience in a financial industry or public accounting * 5+ years of supervisory experience * Knowledge of GAAP, SEC reporting requirements, and regulatory guidelines. *
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