PNC · 1 month ago
Accounting Lead - Policy
PNC Financial Services Group is a leading financial organization committed to delivering exceptional customer experiences. The Accounting Lead will play a key leadership role within the Accounting Policy team, overseeing complex accounting transactions and ensuring compliance with US GAAP and emerging accounting standards.
BankingFinanceFinancial Services
Responsibilities
Work closely with PNC Finance line of business personnel in the review and analysis of significant, complex business transactions to determine the proper technical accounting treatment and related consolidated reporting for PNC under US GAAP
Monitor, evaluate, and influence the development of and implementation of emerging accounting requirements from the FASB, SEC and other regulatory bodies
Independently formulate opinions and provide updates on emerging accounting issues for discussion with the Director of Accounting Policy, as well as the Corporate Controller
Proactively engage lines of business in assessing impacts and participating in the accounting standard-setting process. This includes coordination with accounting standard setters and regulators to advocate Company positions on accounting issues that could potentially impact the Company
Lead efforts to define the company’s application and implementation of new accounting standards, as well as SEC and other regulatory reporting matters
Design, develop and communicate additions or updates to corporate accounting policies. Have a thorough assessment of risk and associated mitigation options as it relates to changes to accounting policies. Carry out the review process with senior management and executives to gain their insight and approval
Other Responsibilities include: Continually evaluate departmental processes and recommend process improvements
Establish and maintain strong, collaborative partnerships with the Company’s external auditors and regulators
Support the lines of business in business initiatives and/or projects that require technical accounting support and expertise
Qualification
Required
University / college degree
5+ years of industry-relevant experience
Strong technical accounting background
Outstanding written and verbal communication skills
Ability to collaborate with management, peers, and stakeholders
Knowledge of Generally Accepted Accounting Principles (GAAP)
Experience in the banking industry (preferred)
Ability to navigate through varied business activities
Capacity to work collaboratively with colleagues within and outside of the Finance organization
Experience in reviewing and analyzing significant, complex business transactions
Ability to monitor, evaluate, and influence the development of and implementation of emerging accounting requirements
Experience in leading efforts to define the company's application and implementation of new accounting standards
Ability to establish and maintain strong, collaborative partnerships with external auditors and regulators
Experience in supporting business initiatives and/or projects that require technical accounting support and expertise
Preferred
Balance Sheets
Decision Making
Finance
Financial Reporting and Analysis
Management Reporting
Tax Analysis
Accounting
Accuracy and Attention to Detail
Effective Communications
Financial Analysis
Financial And Accounting Systems
Financial Reporting
Internal Controls
Sarbanes-Oxley Compliance
Benefits
Medical/prescription drug coverage (with a Health Savings Account feature)
Dental and vision options
Employee and spouse/child life insurance
Short and long-term disability protection
401(k) with PNC match
Pension and stock purchase plans
Dependent care reimbursement account
Back-up child/elder care
Adoption, surrogacy, and doula reimbursement
Educational assistance, including select programs fully paid
A robust wellness program with financial incentives
Maternity and/or parental leave
Up to 11 paid holidays each year
9 occasional absence days each year, unless otherwise required by law
Between 15 to 25 vacation days each year, depending on career level
Company
PNC
PNC is a financial service company providing bank deposits products and services to its community.
Funding
Current Stage
Public CompanyTotal Funding
unknown1975-11-17IPO
Leadership Team
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