Old National Bank Saint Louis Park , MN 55416
Posted 2 months ago
Overview
Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.
We are currently have an open position for a Manager of Accounting Policy and Projects. The Accounting Policy team, is part of the broader Corporate Controller organization under the jurisdiction of the Chief Accounting Officer at Old National Bancorp (ONB). The Controllership group provides accounting compliance and oversight for all transactions, ensuring appropriate accounting treatment, adherence to internal controls and accurate financial statement reporting and presentation. The Accounting Policy team is seeking a Manager to serve as a valued business partner, providing timely and accurate financial consultation on emerging, existing and complex accounting issues as well as assisting the lines of business and accounting operations with operationalizing processes to conform to U.S. GAAP. The candidate will partner with various cross-functional groups including but not limited to Corporate Accounting, Tax, Legal, Operations, Finance, Treasury, external auditors, and the Lines of Business to drive the implementation of new accounting standards and adherence to existing accounting standards. This role also offers many opportunities to engage with executive management. To be considered for this role, candidates must have a strong understanding of US GAAP, a proven track record of problem solving in a pressure sensitive environment and have demonstrated strong communication and influence with management.
In addition, this position will assist the Controllership organization in oversight of ONB's (which includes the Bancorp, the Bank and affiliates) accounting systems, supervise and develop accounting staff, ensure internal accounting controls are in place and functioning, identify ways to improve operations and operating results, coordinate with staff in Financial Analysis, and External Reporting, as well as other areas outside of Finance, on an as needed basis.
Key Accountabilities
Manage Accounting Policy Team Activities:
Assist as directed the Controllership in setting and ensuring compliance with internal accounting policies as well as GAAP and other regulatory guidelines for all areas of ONB
Provide US GAAP technical accounting research, interpretation, and consultation on complex and non-routine transactions
Draft technical accounting memos (whitepapers) on a recurring and ad-hoc basis
Maintain, review, monitor and update ONB's accounting policies on a continual basis and coordinate new disclosure areas, including unique transactions and newly adopted accounting standards with External Reporting
Monitor standard setting activities from the FASB and the SEC (in conjunctions with External Reporting) and assist in the process of participating in comment letter activities and participate in any relevant outreach with ONB's regulators
Assist in coordinating any significant and unusual transactions and develop a quarterly systemic internal reporting dashboard for distribution to all vested stakeholders
Provide annual and ad hoc technical accounting training to various internal groups
Manage through ambiguity in complex environments, while continuing to drive action as well as troubleshoot issues, and drive solutions across stakeholders
Assist with various operational and automation projects, time permitting and as directed by the Corporate Controller
Manage Performance of the Department/Team:
Oversee day-to-day activities of the assigned functions
Develop succession and development plan within the functions assigned
Monitor and review performance with respect to expectations and current conditions
Work with staff to ensure internal accounting controls are maintained (i.e.: that actions are in line with regulations and policies)
Motivate, supervise, train and evaluate staff members
Maintain accounting system policies and procedures and revise such procedures to meet management's needs and goals
Maintain and augment systems integration with the general ledger and other internal reporting systems
Internal & External Financial Reporting:
In conjunction with External Reporting, help the Controllership ensure all specific internal, management and financial reporting is timely and accurate (month end close within 3 days), and in compliance with applicable laws, GAAP and internal objectives
Review and prepare certain key areas of ONB's 10Q or 10K, including ownership of related US GAAP Disclosure Checklist items
Work with other cross-functional department managers on continuous improvement of external and internal reporting and accountability
Plan and Budget/Forecast for Areas of Responsibility:
Work with staff to develop departmental goals and plans
Review and update departmental goals plans during the year
Assist as directed with budget/re-forecasts during the year
Coordinate Work to Support Internal and External Audit:
Provide supporting work papers to document the Bank's transactions, as requested
Coordinate work with other areas in the Controllership on an as needed basis
Key Competencies for Position
Qualifications and Education Requirements
Bachelor's degree in Accounting required
CPA certification required
4-10 years of progressive experience in Public Accounting or Banking as a financial or accounting analyst
Must have strong technical accounting writing skills.
Experience in analytical, research, and project and stakeholder management skills
Must have an understanding of accounting systems (i.e., Fiserv, Wdesk, Longview, or ERP systems) cost accounting management, internal controls and profitability analysis
Must have strong PC skills with Microsoft Office
Must have strong interpersonal skills in order to work with other cross-functional leaders and executives
Position may require the need to travel to metro areas in ONB's footprint or other meeting locations.
MBA in Finance a plus
Information systems skills with a mainframe a plus
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Head of Talent Acquisition, SVP, to fill a specific position
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!
Old National Bank