Major Responsibilities
· Establish, implement and monitor accounting
standards across all business lines, products & services
· Ensure accounting policy compliance
· Maintain and update the Company’s Financial
Accounting Policy Manual
· Monitor and assess the impact of emerging
accounting developments & their potential impact on the company
· Manage periodic, quarterly and annual SEC and
Bank regulatory filings
· Oversee / manage the development of SEC and bank
regulatory compliant disclosures
· Follow activities of accounting standard-setting
groups, FASB, SEC, EITF, AICPA, etc. to ensure the Company is
proactively understanding impact of new guidance
· Prepare accounting plan for changes to the
Company’s accounting policies / practices
· Assist with the disclosure control process and
help facilitate the Disclosure Committee process with the Chief
Accounting Officer
· Help assess SOX deficiencies for the Company and
facilitate presentations to the SOX committee on the same
· Provide leadership role on implementation and
conversion to IFRS
· Act as one of the principal liaisons for the
Finance team with external auditors
· Assist with the maintenance and updating of
Sarbanes-Oxley 404 monitoring processes and procedures
Essential Duties and Responsibilities
· Lead accounting policy development and
management for corporate accounting topics, which may include but are
not limited to employee compensation and benefits (including
stock-based compensation), SFAS 5 contingencies, foreign exchange,
lease accounting, derivative accounting, FAS 140, FAS 141, etc.,
reporting and presentation interpretations (such as EPS, cash flows,
segments and other disclosure matters) and other corporate accounting
topics as relevant
· Develop accounting policy guidance for
transactions and activities of the Bank involving active participation
with professionals in various disciplines (including Business Unit
Controllers / CFO and corporate accounting personnel, front office and
oversight functions, reporting functions, HR, legal and other
functions, as appropriate) to understand the company\'s
transactions/activities and provide timely, appropriate policy guidance
on the appropriate accounting treatment
· Work with management and the Accounting
department personnel on an ongoing basis to provide practical
implementation advice related to accounting policies
· Analyze emerging accounting pronouncements for
policy implications and proactively communicate changes with executive
management, Audit Committee and team members
· Ensure new transactions are properly recorded by
the Bank
· Consult with business group and corporate
management on accounting issues related to changes in accounting
methodologies and other corporate accounting matters, seeking clarity
and consistency in delivery of advice
· Coordinate implementation efforts for new
accounting standards
· Maintain current knowledge of SEC rules and
regulations, including disclosure requirements and GAAP/IFRS reporting
requirements
Requirements
Supervisory/Management Responsibilities
· Management of a five person team
· Responsible for recommending hire/fire/salary
actions of the reporting team.
· Acts as advisor to subordinate(s) to meet
schedules and/or resolve technical problems
· Develops and administers schedules and
performance requirements; may have budget responsibilities
· Coach/mentor employees to maximize professional
development as well as teamwork and complete performance evaluations
Education/Experience Requirements
· Finance and/or accounting degree; CPA preferred
· 10 plus years accounting experience in a similar
environment, with comprehensive knowledge of SEC / bank regulatory
rules, regulations, disclosures and GAAP technical accounting
requirements
· Excellent analytical, project management,
interpersonal, organizational, planning, PC, and written/verbal
communication skills
· Strong managerial skills
· Ability to multi-task and meet critical
deadlines
· Computer literacy; proficient with use of Excel,
Word
· Minimum 4 years of big four public accounting
experience; audit manager big four public accounting firm preferred
· Financial services industry experience preferred
· Previous management experience of at least a 4
person team
Article Source: http://
www.articlesbase.com/entrepreneurship-articles/
accounting-policy-director-jobs-1073451.html
About the Author
Contact:
Liberty Opportunity Group
http://www.libertyopportunitygroup.com
gary@libertyopportunitygroup.com
|