Accounting Controller

Job Description :

The Client Financial Group Controllership Accounting team has an exciting opportunity for an Assistant Controller, who will be responsible for internal and external reporting, coordination of internal and external audits, management of financial risks and controls, as well as managing the monthly and quarterly close process.

The role may be focused on tasks relating to one or more specific products such as loans, securities, derivatives, etc. The candidate will manage the accounting team, ensuring close coordination with internal and external auditors, operational teams, and other groups within finance.

The candidate will be part of the Controllership Accounting team and will report to the Controller, Accounting.

This position's core responsibilities include supervising the loan accounting team and managing the preparation and analysis of the monthly and quarterly loan close package support for and SVB Financial Group entities as well as implementation of new accounting guidance, review of new loan products, and management of financial controls.

Responsibilities include, but are not limited to :

Ensure proper financial management controls and governance are embedded across the business to drive financial integrity.

This will include oversight of loan and fee booking and accounting, and liaising with the SOX team, internal audit and external auditors

Oversee day to day accounting function for Loans and specialized transactions related to the loan portfolio. Oversee accounting operations, close and associated controls.

Provide technical and operational accounting leadership for new products and initiatives. Ownership of FAS 91 accounting system and related accounting entries, controls and analysis.

• Oversee and review preparation of monthly, quarterly and annual reporting for assigned products, including reporting packages for management teams and meetings, portions of SEC filings, regulatory filings and various ad hoc requests.
• Supervise the accounting staff to ensure all financial reporting deadlines are met. Attract, retain and develop accounting talent.

Coach and mentor teammates to support their career development.

• Partner with operations teams to ensure key systems are in compliance with GAAP and regulatory reporting requirements and to ensure key information is captured, stored and available to meet reporting needs.
• Partner with business leaders to understand existing and new products to develop solutions that meet accounting and reporting requirements as well as the needs of the business.
• Perform and document technical research and conclusions on various accounting matters.
• Recommend, maintain and enhance accounting procedures to comply with Sarbanes-Oxley, GAAP, applicable internal policies, and regulatory requirements.

Maintain awareness of, as well as evaluate, accounting and regulatory pronouncements and lead the development of new accounting policies and procedures as appropriate.

• Resolve issues that arise across financial systems, driving accountability across key stakeholders in Technology and Finance functions (Accounting, FP&A, Operations, Tax and Treasury), from idea through implementation.
• Lead problem resolution by collaborating with stakeholders to resolve such issues, and providing timely responses and solutions as required
• Manage resources in both US and India locations

Experience / Education / Certifications :

• Bachelor's degree in Accounting or Finance required
• Minimum 10+ years experience in accounting and financial analysis / reporting experience with exposure to financial institution SEC and regulatory reporting environments
• CPA Preferred
• Knowledge / Skills
• Understanding of bank regulatory and SEC reporting requirements
• Strong reasoning and analytical skills; comfortable performing ad-hoc financial analysis and assessments, statistical analysis and worksheet modeling preferred
• Working knowledge of Generally Accepted Accounting Principles
• Ability to critically review and challenge numbers and information. Strong analytical, technical skills
• Ability to lead projects and work with a cross functional group of business owners
• Experience in metric reporting on key performance indicators and key risk indicators
• Experience in large, complex environments a plus.
• Ability to manage multiple competing priorities and tight demanding deadlines
• Ability to be a proactive self-starter and to assume ownership responsibility for performing function
• Excellent documentation and communication skills
• High degree of attention to detail
• Demonstrated accuracy and sense of urgency
• Ability to interact effectively and influence at all levels of personnel, including management staff and support staff

Quals :

• Assistant Controller-Loans, 100% remote role
30+ days ago