Revenue Accounting Senior Specialist

Comerica - Farmington Hills, MI

Full-time - Mid Level

Hybrid - Farmington Hills, MI

Credit Intermediation and Related Activities

About the position

The Revenue Accounting Senior Specialist is responsible for the timely and effective review of general ledger activity and account balances to ensure the accuracy of information included in internal and external financial reports. This role supports the Financial Accounting Department in analyzing the Corporation's income statement and various corporate banking and treasury services accounting functions.

Responsibilities

• Lead analytics and serve as a Subject Matter Expert (SME) and Quality Reviewer.
• Perform detailed review of general ledger entry activities for Corporate Banking and Treasury Accounting functions.
• Conduct platform detail review of other revenue general ledger entries and related monthly receivable balance sheet account reconciliations.
• Act as a liaison to various departments on accruals and review supporting accrual schedules for compliance with accounting standards.
• Analyze noninterest income accounts to ensure the accuracy of data recorded in the general ledger.
• Prepare analyses for card revenues and related revenue program processing expenses.
• Collaborate with FP&A team on forecast and plan vs actuals analysis.
• Prepare monthly and quarterly financial statement variance reports for executive management.
• Provide ad-hoc reporting and analysis to Accounting management and various areas of the bank as needed.
• Provide relevant information to management and regulators in accordance with closing and reporting deadlines.
• Support special projects related to the design and implementation of Accounting's financial systems.
• Identify inefficiencies in workflow and implement new/improved processes and procedures.
• Lead execution of enhancements within the Customer Accounts module of the ERP environment.
• Review and update accounting processes and procedure manuals as needed.
• Support internal and external auditors on SOX and compliance audits.
• Monitor and execute internal control objectives over areas of responsibility.
• Prepare annual analysis for Financial Accounting department RCSA and coordinate with management for review.
• Provide and lead cross-training of team members.

Requirements

• Bachelor's Degree from an accredited university in Accounting.
• 4 years of experience with advanced knowledge of accounting processes, including journal entries, revenue and expense accruals, and general ledger analysis.
• 3 years of experience with proficient knowledge of GAAP and accounting standards.
• 2 years of experience within internal control review procedures.
• 1 year of experience working on project teams or leading projects.
• CPA Preferred.

Benefits

• Health and welfare programs
• Strong retirement benefits
• Generous paid time off programs
• Medical, dental, and vision benefits
• 401(k) and pension
• Income protection benefits such as life insurance and AD&D
• Supplemental health programs to offset unexpected health care expenses
• Variety of time off programs for vacation, sick time, disability, and parental leave.