Webster Bank - Stamford, CT

posted 3 months ago

Full-time - Mid Level
Stamford, CT
Credit Intermediation and Related Activities

About the position

The Manager, Corporate Controllership at Webster Bank is responsible for overseeing various accounting activities, ensuring accurate financial reporting, and implementing robust controls. This role requires strong analytical skills and a deep understanding of U.S. GAAP, as well as the ability to collaborate with different business units to drive improvements in accounting processes and reporting.

Responsibilities

  • Provide critical management and support for various control functions ensuring accurate and timely P&L, balance sheet, and month-end close procedures.
  • Manage the processing, accounting entries, reconciliations, reporting, analysis, and documentation of assigned job areas within the controllership.
  • Improve the effectiveness of the team by making adjustments and/or enhancements to current accounting and reporting processes.
  • Partner with the business to drive forth and implement robust controls and new business initiatives.
  • Drive coordination across various front & back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner.
  • Serve as an analytical and project support resource for product control.
  • Successfully partner with line of business and finance partners to advise on accounting related matters including Current Expected Credit Losses (CECL) and other matters affecting depository and lending institutions.
  • Create increasingly complex financial statement schedules, audit support schedules and other reports in a timely manner.
  • Establish, document and perform internal control procedures to ensure accurate and timely financial reporting.
  • Understand how data flows through the financial systems to the accounting function in order to identify issues and take action to address them.
  • Continually assess the business value and efficiency of the work performed, making suggestions for improvements and collaborating with others in implementing them.
  • Lead or actively participate in increasingly complex department projects and continuous improvement activities.

Requirements

  • Bachelor's degree in Accounting, CPA and/or graduate degree preferred.
  • 5-8 years of accounting experience or progressively challenging experience within an accounting function, preferably in financial services.
  • Ability to perform detailed variance review and financial analysis.
  • Excellent computer skills, especially in complex Excel functions to quickly analyze data.
  • Effective written and oral communication skills.
  • Ability to understand and interpret complex accounting issues and processes and recommend actions to ensure integrity of financial systems and compliance with GAAP.
  • Demonstrated project management skills with proven success at managing projects to completion with limited supervision.

Benefits

  • Incentive compensation based on performance.
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