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LOB Financial Controller - GAAP/Leasing and Structured Real Estate

Truist
United Statesfull_timeVerifiedPosted 21 Nov 2024

About the role

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for providing quality assured financial reporting of the business activities within the Leasing/Structured Real Estate/Governmental Finance Lines of Business (LOB). Serves as liaison with the Corporate Policy team as subject matter expert, assisting in maintaining up to date policies, and requesting clarification of existing policies as required. Primary roles include Management Reporting & Analysis, Financial Risk Management (FRM), Financial Reporting, and accounting controls and operations. Responsibilities include management reporting, finance and accounting analytics, internal controls over financial reporting, execution of accounting processes, regulatory reporting, and accounting policy.

LOCATION:

**Must be willing to sit in-office 4 days a week (1 day remote)**

  • Charlotte, NC

No Full Remote/Telecommute. No Relocation Assistance

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. 

  • Manages professional-level teammates, sets the team's direction, and communicates individual and team priorities.
  • Manages deliverables for the team against expected results.
  • Manages deliverables for the team against expected results. Makes judgments about the team's priorities and approach to work.
  • Identifies and resolves technical, operational, risk management, business, and organizational challenges.
  • Leads highly complex and visible projects with notable risk and complexity.
  • Makes leadership decisions within established policies & procedures.
  • Provide accounting guidance and support to ensure new products or transactions are accounted for correctly and accounting and financial reporting risks are identified
  • Review of reporting and analyses of monthly results in support of the closing process (EOC and other monthly reporting) and understanding and reviewing financial results
  • Subject matter expertise in the identification and querying of the data necessary to prepare and provide value added management reporting
  • Account level variance analysis in support of the month-end close process. 
  • Includes identifying, analyzing, and interpreting variances and unusual trends in the LOB GL activity
  • Review of standard and enhanced reports, regular and ad hoc analytics, and interpretation of LOB financial results
  • Assess accounting impacts of business changes
  • Oversight of the internal control structure over processes specific to the LOB that impact financial reporting; proactively partners with the LOB to ensure accuracy and integrity of processes impacting financial reporting
  • Includes understanding, articulating and reviewing results to ensure consistency with GAAP, financial policies, and controls
  • Reviews reporting and analyses of monthly results for the closing process to identify and mitigate areas representing material financial risk
  • Provides support for LOB information enhancement initiatives
  • Oversight and review of SEC and Regulatory disclosures and financial filings to ensure the SOX Control structure mitigates financial risk
  • Ensures adherence to relevant Financial Management requirements including policies, standards, procedures, internal controls, and record retenti

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Company

Truist

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