Truist Commercial Credit Administration Controller in Wilson, North Carolina
Req ID: R0028862
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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:
Lead accounting function for assigned Business Unit. Provide training and guidance to associates with respect to understanding, analyzing and reporting more complex financial activity and metrics. Ensure financial reporting and/or financial analysis for assigned area of responsibility complies with generally accepted accounting principles in the United States (GAAP) and regulatory reporting requirements. Develop and maintain internal controls over financial reporting that comply with the requirements of the Sarbanes-Oxley Act of 2002. Establish and maintain appropriate controls related to data capture, categorization and summary in area of responsibility. Complete and/or review and interpret a variety of complex financial and/or business analyses of financial ratios, trends, revenue performance and expense management. Ensure compliance with BB&T Accounting policies, standards and procedures.
Essential Duties and Responsibilities: 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. 1. Monitor the financial performance of the Business Loan Portfolio, analyze variances, follow trends, and provide strategic guidance to the Senior Financial Executive – Risk Management Organization, Chief Commercial Credit Risk Manager, or Business Lending managers. 2. Provide interpretation and guidance to comply with GAAP, Financial Accounting Standards Board (FASB), Sarbanes-Oxley, regulatory reporting and other technical accounting and reporting issues for commercial lending. 3. Develop, implement and monitor accounting and reporting processes and techniques that conform to regulations, industry standards and GAAP. Ensure systems and analysis in place to maintain compliance with key FASB, Corporate Governance and other technical accounting standards as required by BB&T Financial Management. 4. Lead all efforts and serve as the single point of contact with internal groups (Corporate Finance, Tax Department, Investor Relations and Balance Sheet Management) and external groups regarding corporate financial issues and projects for the commercial loan portfolio. 5. Lead and coordinate external audits by PricewaterhouseCooper (PwC) or Financial Management and assist the Compliance and Regulatory Manager to coordinate all audits and examinations performed by Internal Audit, external auditors and regulatory bodies. 6. Identify and implement opportunities to enhance revenues or reduce expenses while maintaining or enhancing client service. 7. Develop and assist in the development of financial reports and analyses, which are considered meaningful and necessary for the strategic objectives of commercial lending in evaluating loan portfolio performance. 8. Provide direction, guidance and assistance to internal and external reporting functions, including loan policy, loan loss estimates, loan loss reserve and profitability reporting. 9. Provide strategic planning support to facilitate and coordinate the preparation of the annual financial plan. Coordinate with the Bank’s Finance Group and the commercial lending management team to ensure timely completion of a well-analyzed financial plan. This includes providing guidance and supervision in the preparation of budgets by other lending departments and the Community Bank. Monitor and analyze the financial and operating performance relative to established plans. 10. Lead the implementation and monthly monitoring process to manage agreements/contracts for the business unit and ensure that they are properly recorded and all obligations are consistently met. 11. Build and maintain a strong staff through continuous monitoring of training, performance appraisals and coaching. 12. Lead the acquisitions/mergers process for business lending by completing the reconciliation of expenses, headcount and revenue as well as assisting with establishing cost saving offsets at conversion. 13. Lead all internal and external decision engine (Interconnect) changes for all portfolio risk, revenue generation and product driven decisions. Key liaison with the external vendor, Information Technology, Information Systems, and Branch Automation for the decision engine. 14. Provide leadership and guidance to Commercial Credit Risk Management (CCRM) for implementation into systems for all FASB, GAAP, or other technical accounting standards. 15. Participate in appropriate trade and related groups to ensure knowledge of industry best practices. Required Skills and Competencies: 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. 1. Bachelor’s degree in Accounting, or equivalent education and related training 2. Ten years of relevant accounting experience that includes complex financial analysis 3. Extensive knowledge of US GAAP, Securities and Exchange Commission (SEC) reporting requirements, and regulatory reporting requirements 4. Excellent interpersonal skills, across organizational lines 5. Excellent organizational skills 6. Demonstrated ability to work under difficult time constraints and manage multiple priorities 7. Excellent verbal and written communication skills and presentation skills 8. Excellent analytical, problem solving and decision making skills 9. Demonstrated leadership ability and skills including team leadership experience 10. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products, with an emphasis on spreadsheets, word processing and database software 11. Ability to travel, occasionally overnight Desired Skills: 1. Master of Business Administration (MBA) degree 2. Certified Public Accountant (CPA) or Certified Management Accountant (CMA) 3. Five years of experience in the financial services industry Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace. Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name. EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify
Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name.
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