Accounting Lead - Policy jobs in United States
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PNC · 4 hours ago

Accounting Lead - Policy

PNC is a company that values its people as a competitive advantage in the market. The Accounting Lead within PNC's Finance organization plays a key strategic role in the Accounting Policy team, focusing on technical accounting treatment and regulatory compliance.

BankingFinanceFinancial Services
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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
Leads specialized accounting, analytical, and financial and regulatory reporting expertise in support of a centralized accounting and reporting function, a business function or a business unit. Serves as the senior expert for the team
Leads the review and analysis of complex transactions; researches the applicable accounting, reporting and regulatory guidance; and communicates the implications to senior management
Participates on project teams and prepares accounting memoranda and related presentations related to new accounting pronouncements and their impact on PNC; reviews with senior management and the Board of Directors
Provides accounting expertise, including specialized knowledge related to internal control processes for month-end, quarter-end, and year-end closing activities, in support of both Finance department and business service partners, including the preparation and review of journal entries and appropriate audit work papers, and the reconciliation of accounts for such activities
Supports and assists the Centralized Accounting and Reporting Management teams and the business units in the development and training of staff related to both generally accepted accounting principles and compliance with provisions of the Sarbanes-Oxley Act

Qualification

Generally Accepted Accounting Principles (GAAP)Financial ReportingFinancial AnalysisInternal ControlsSarbanes-Oxley ComplianceManagement ReportingTax AnalysisEffective CommunicationsAttention to DetailDecision Making

Required

5+ years of industry-relevant experience
University / college degree
Strong technical accounting background, preferably with experience in the banking industry
Outstanding written and verbal communication skills
Ability to collaborate with management, peers, and stakeholders to effectively influence and effect change
Knowledge of Generally Accepted Accounting Principles (GAAP)
Experience with financial reporting and analysis
Experience with internal control processes for month-end, quarter-end, and year-end closing activities
Ability to lead the review and analysis of complex transactions
Ability to monitor, evaluate, and influence the development of and implementation of emerging accounting requirements from the FASB, SEC and other regulatory bodies
Ability to design, develop and communicate additions or updates to corporate accounting policies
Ability to establish and maintain strong, collaborative partnerships with external auditors and regulators

Preferred

Balance Sheets
Decision Making
Finance
Financial Reporting and Analysis
Management Reporting
Tax Analysis

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 and years of service

Company

PNC is a financial service company providing bank deposits products and services to its community.

Funding

Current Stage
Public Company
Total Funding
unknown
1975-11-17IPO

Leadership Team

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Keith Hayes
SVP, PNC Aviation Finance
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M
Michael Gaber
Senior Vice President - Originations
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Recent News

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