Truist Financial Corporation Charlotte , NC 28201
Posted 3 days ago
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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:
Please be advised: This position requires candidates to work in the Charlotte, NC office four days a week, with the option for one remote day.
Essential Duties and Responsibilities
The 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.
Perform a variety of complex accounting and reporting activities, with a focus on Investment Securities, Debt, Deposits and Funding transactions and balances.
Provide leadership in the development, design, implementation and on-going management of assigned financial analysis processes. Monitor assigned activities for compliance with established corporate and accounting policies and standards.
Complete and/or review and interpret a variety of complex financial and/or business analyses of financial ratios and trends.
Assist with the accurate and timely compilation and submission of accounting-related reports and filings for assigned area of responsibility in accordance with generally accepted accounting principles (GAAP), management and regulatory requirements.
Maintain appropriate internal controls over financial reporting in accordance with the SOX framework and internal policies and standards.
Job Description
Assist in properly classifying more complex accounting transactions and in identifying and explaining general ledger account variances.
Prepare, or review and approve, journal entries and monitor assigned account activity to ensure that they accurately record Truist's financial transactions in accordance with GAAP and internal accounting policies.
Ensure that supporting documentation is maintained.
Prepare or review reconcilements for assigned general ledger accounts in accordance with corporate reconcilement policies and standards.
Research and resolve items as necessary.
Ensure adequate supporting documentation is maintained.
Design, implement and document more complex accounting and reporting process workflow and controls for assigned accounts and subsidiary accounting systems (which may include spreadsheets, databases or applications), including reconcilement and monitoring processes and controls. Effectively implement control refinements as products, processes, GAAP, regulatory reporting requirements or corporate policies change.
Design, prepare or review, submit and interpret reports related to financial performance, internal control compliance, budget or forecast variances, etc. for assigned areas of responsibility.
Maintain a strong knowledge of GAAP and regulatory reporting requirements applicable to assigned areas of responsibility.
Maintain or update existing accounting policies or standards related to areas of responsibility.
Review and update policies and procedures for compliance with governmental regulations and corporate policies and standards.
Develop new accounting processes and procedures as needed.
Assist in the review of assumptions and calculations employed in significant financial models for consistency with GAAP, industry regulations and corporate policies and standards.
Ensure that changes to models and assumptions are tested and implemented in conformity with corporate policies and standards.
Ensure that responses to auditor/examination requests for information are complete and accurate.
Responses to external and regulatory requests should be made in collaboration with Accounting Policy.
Ensure prompt remediation of any issues identified.
Ensure the submission of required schedules, reports or filings for assigned areas of responsibility to designated reviewer, department or regulatory authority in a timely and accurate manner.
Monitor internal and regulatory alerts for changes to filing requirements and deadlines.
Work with assigned line of business operations, administration, data center, and/or IT support to ensure complete and accurate data capture, categorization and summary of: Transactional and period-end information for management, regulatory, and financial reports and supporting schedules.
Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Qualifications:
Bachelor's degree in accounting, finance or business administration or equivalent education and related training.
Five years of relevant accounting experience.
Three years of supervisory experience.
Good interpersonal skills across organizational levels.
Excellent verbal and written communication and presentation skills.
Strong analytical, problem solving and decision-making skills.
Demonstrated organizational and leadership skills.
Ability to prioritize effectively and meet critical deadlines.
Ability to work independently and as a productive member of a team.
Demonstrated proficiency in computer applications, such as Microsoft Office products, with an emphasis in spreadsheets, word processing and database software.
Strong foundation in GAAP concepts.
Preferred Qualifications:
Professional designation as a CPA or CMA.
A master's degree in accounting, finance or business administration.
Public accounting or regulatory experience specific to area of responsibility.
Seven years of financial services accounting experience.
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. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
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Truist Financial Corporation