SVP Accounting Policy at Webster Bank
Posted in Banking 30+ days ago.
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Location: Waterbury, ConnecticutJob Description:
If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935 by Harold Webster Smith, our focus has always been to put people first--doing whatever we can to help individuals, families and businesses achieve their financial goals. And while we've grown into a leading commercial bank, we remain passionate about serving our customers, supporting our communities, and making a difference in people's lives. We can make a difference in your life, too. By empowering you to build the meaningful career you've been looking for.
Responsibility, respect, trust, teamwork and citizenship are the values on which Webster was founded. Together we call them The Webster Way, and they are what set us apart as a bank and an employer. Guided by these values, we put people first - working hard to live up to our customers, and each other, every day.
The SVP of Accounting Policy is responsible for the firm's accounting policies and practices. The person will be responsible for the research, interpretation and application of current and pending accounting policy to determine proper treatment with US GAAP. This person will monitor and proactively play a leadership role, internally and externally, in new potential accounting guidance and its implication on the firm and broader industry. He/she is responsible for maintaining oversight of the adoption and compliance with any new accounting policies. This person will play a critical role in reviewing SEC and other regulatory filings to ensure accurate and policy compliant filings.
He/she will also be an important business partner with deal teams and senior executives on new business transactions and other opportunities to ensure appropriate consideration of technical accounting ramifications and impact on the firm's financial statements.
Moreover, this person will work with key stakeholders to ensure accounting process risks have been identified, assessed and documented in accordance with SOX requirements. This includes assisting with risk control analyses, process flows and matrices necessary to support management's internal control actions, particularly in connection with key accounting estimates.
The position will lead and manage the technical team, and will report to the organization's Chief Accounting Officer.
*Bachelor's Degree in Accounting and CPA required
* Public accounting foundation -- 3-5 years of \"Big 4\" or National accounting firm experience, preferably with a financial services or banking focus.
*Financial Services industry experience - 10-plus years of proven accounting experience in a supervisory capacity in a financial services company.
*Ability to effectively communicate with all levels of management.