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Senior Vice President Accounting Policy
 Job Description

 

 

 

 

Job Summary:

The Senior Vice President Accounting Policy is responsible for the development of accounting and process changes as they relate to technical accounting standards; collaborates with senior financial management across the organization in strategically setting policy and controls and evaluating business transactions; develop, implement, review and monitor accounting policies for the company to ensure compliance with GAAP and banking industry standards.

Job Description:

The Senior Vice President Accounting Policy  will perform all or some of the following Job description:

  • Implement new accounting standards, including coordination with Controller's department and other business groups

  • Lead the company's effort to adopt IFRS

  • Monitor emerging accounting standards relevant to the company as they evolve prior to issuance, interpret their impact to the Company, and present their status to senior Finance management

  • Potentially lead the preparation of comment letters to the standard setters

  • Manage accounting policies and update and maintain the corporate accounting policy manual. Provide expertise in recommending enhancements and/or additions to the company's existing Accounting Policy Manual

  • Provide proactive, expert consultation and technical support on business transactions (e.g., mergers and acquisitions, dispositions, asset sales and leases) by identifying and addressing accounting policy and reporting issues and opportunities (e.g., lead financial accounting due diligence efforts; apply complex accounting and reporting concepts to deal structures)

  • Establish and maintain strong, collaborative relationships with Finance partners and other internal stakeholder groups, to understand the business and ensure timely exchange of information

  • Provide ongoing guidance to business partners

  • Represent the company externally on issues relating to accounting policy through participation in various industry-wide organizations.

Minimum Requirements / Knowledge / Skill For Senior Vice President Accounting Policy Job

  • Expert level of understanding of current GAAP, financial reporting principles and SEC regulatory requirements

  • Demonstrated expertise in analyzing and recommending appropriate strategies and accounting treatment of routine and complex financial transactions

  • Excellent organizational and project management skills

  • Exceptional communication skills - both written and verbal

  • Ability to develop and maintain effective relationships with a broad group of stakeholders in order to foster trust and influence key decisions

  • Strong quantitative and qualitative analysis skills; ability to take large volumes of complex information and present it in a clear and concise manner to senior management.

Minimum Education Requirements / Certification / Licensure For Senior Vice President Accounting Policy Job

  • Accounting (or Finance) degree
  • CPA certification
  • Minimum 15 years related experience, including: public accounting (at least 5 years), banking industry experience, and accounting policy
  • SEC reporting and/or SOX-related experience in public accounting or industry.


 


 

 

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