Senior Financial Manager

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.

Collaborate and work across the Finance division to ensure integrity of the financials and ensure sound controls and procedures.

Support reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.

Financial Manager role that coordinates financial analysis and reporting process workflow within team. Provide leadership and mentoring for less experienced team members to improve their own technical expertise;

review and approve work of other team members. Ensure that changes to reporting process workflow and / or data source are documented and communicated to downstream reporting groups.

Compile, review, analyze, interpret, and submit timely and accurate monthly reporting related to the company’s financial performance or strategy.

These may include : income / expense or cash flow forecasts; regulatory interpretations, variance analysis and explanations for financial statement line items;

or summaries, charts and graphs of data to highlight key results. Ensure that source data is reliable, complete and documentation is maintained to support data integrity initiatives.

Interpret and summarize results and trends for Senior Leadership. Apply knowledge of best practices derived from experience to solve problems of higher operational or technical complexity by leading analysis of possible solutions using data analysis, experience, judgment and precedents.

Take a new perspective on existing solutions to propose innovative solutions. Initiate establishment of long-term solutions.

Prepare and review materials to senior leadership summarizing issues and communicating solutions. Provide thought leadership and guidance to junior teammates on monthly financial close, monthly forecasting and annual financial planning processes.

Update and automate retrieval of financial information via the use of simple spreadsheets to more complex databases and reporting templates.

Develop and perform testing of economic models. Maintain necessary documentation of source data, ensuring adequate support of data integrity.

Subject matter expert on regulatory reporting requirements, business cycles, origination channels and accounting flow for assigned area of responsibility.

Maintain working knowledge of generally accepted accounting principles (GAAP), building expertise related to assigned area of responsibility.

Subject matter expert with continued broadening of understanding on more complex accounting, profitability, regulatory, and business segment nuances, including cost allocation methodology, funds transfer pricing, vendor contracts, Stress Testing and CCAR.

Monitor financial performance for specified business units to detect unusual or significant changes in transactions or business trends and opportunities for improvement.

Independently prepare presentations regarding new business initiatives with minimal guidance. Leverage working relationship with supported business areas and cross-functional departments to complete complex tasks and deliver high quality work.

Coordinate with internal and external audits and examinations (responses to External and Regulatory requests are to be made in collaboration with Accounting Policy).

Review and update policies and procedures for compliance with governmental regulations and corporate polices and standards.

Coordinate development of new accounting processes and procedures, as needed. Assist in risk management governance and business continuity planning processes as necessary.

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.