PNC - Pittsburgh, PA

posted 3 months ago

Part-time - Mid Level
Pittsburgh, PA
Credit Intermediation and Related Activities

About the position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As an Accounting Expert within PNC's Corporate Controller organization, you can be based in Pittsburgh, PA or Cleveland, OH. This position is primarily based in a location within PNC's footprint. Responsibilities require time in the office or in the field on a regular basis. Some responsibilities can be performed remotely. The Accounting Policy team is part of the Corporate Controller organization within PNC Finance and managed by the Director of Accounting Policy. The Accounting Policy team is currently looking to add a key strategic member to the group. This position is a direct report to the Senior Accounting Manager of Accounting Policy, and a key leadership role for the Accounting Policy team with high visibility to the Controller's and CFO's leadership teams. A successful candidate will need to have the capacity to navigate through varied business activities and work collaboratively with colleagues within and outside of the Finance organization, as well as across PNC's lines of business and operating groups. In doing so, this individual will gain a thorough working knowledge of PNC's line of business finance and accounting processes, procedures and operations and apply a strong foundation in technical accounting. This role would build long term knowledge that would position the individual to advance within the Accounting Policy team or the ability to assume other positions in Control or Finance. PNC's Accounting Policy team is very selective in its recruiting process and, as a result, has a great track record of providing high-performing talent to the broader Finance organization and other areas of PNC. The candidate should also possess outstanding written and verbal communication skills. They will have a strong technical accounting background, preferably with experience in the banking industry, and a strong work ethic. Additionally, they will demonstrate the ability to collaborate with management, peers, and stakeholders to effectively influence and effect change.

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.
  • 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.
  • 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.

Requirements

  • 5+ years of professional accounting experience, including substantial experience at a large public accounting firm with exposure to technical accounting topics, and/or experience in the accounting policy team of another leading financial institution.
  • Experience in policy setting and technical accounting research is strongly preferred.
  • Minimum of a Bachelor's Degree and a CPA preferred.
  • Ability to take initiative to influence and drive results within a complex organization.

Nice-to-haves

  • Balance Sheets
  • Decision Making
  • Finance
  • Financial Analysis and Reporting
  • Generally Accepted Accounting Principles (GAAP)
  • 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
  • 8 occasional absence days each year
  • Between 15 to 25 vacation days each year, depending on career level and years of service.
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