Overview
A financial institution is seeking an Audit Compliance Lead to provide technical accounting support to senior management and business lines. This role involves interpreting new and existing accounting guidance related to new products, significant or non-routine transactions, and other events. The position requires preparing accounting memos and documentation, maintaining and updating accounting policies, and monitoring emerging accounting developments.
Responsibilities
- Research, analyze, and provide technical accounting guidance, interpretations, and recommendations for new products, accounting and regulatory guidance, significant or non-routine transactions, and other events.
- Document guidance through accounting policy memorandums or technical position papers.
- Establish and maintain collaborative relationships with internal and external stakeholders.
- Monitor and communicate emerging US GAAP and IFRS accounting developments and regulatory guidance, assessing their impact on operations, financial, and regulatory reporting.
- Lead implementation efforts for new accounting requirements in collaboration with affected business units.
- Assist with the organization's representation in standard-setting deliberations by providing comment letters and collaborating with industry groups.
- Support financial reporting teams by reviewing financial information, disclosures, and ensuring compliance with US GAAP, SEC reporting rules, and bank regulatory guidance.
- Maintain and update existing accounting policies.
- Assist with ad-hoc projects and initiatives as requested by senior management.
Requirements
- Minimum of 6 years of technical accounting experience, including experience at a Big 4 accounting firm or a combination of Big 4 and industry experience.
- Strong technical accounting knowledge of US GAAP and IFRS.
- CPA certification required.
- Bachelor's Degree in Accounting.
- Excellent written and oral communication skills with the ability to defend accounting positions.
- Strong analytical, organizational, and project management skills.
- Ability to interact effectively with senior-level management and multiple organizational levels.
- Experience conveying complex financial information clearly to individuals and groups.
- Results-oriented with the ability to work efficiently under tight deadlines and adapt to changing circumstances.
- Strong attention to detail and quick analytical skills.
- Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance.
- Ability to maintain confidentiality appropriately.
Preferred Qualifications
- Banking industry experience is a plus.
Location
Duration
Candidates with a strong LinkedIn profile including a picture are preferred.