Senior Manager Accounting

$75,500 - $127,900/Yr

Discover Financial Services - Deerfield, IL

posted 3 months ago

Full-time - Mid Level
Remote - Deerfield, IL
5,001-10,000 employees
Credit Intermediation and Related Activities

About the position

The Senior Manager of Accounting at Discover Financial Services is a pivotal role that involves managing a team responsible for various accounting-control activities. This position requires a strategic thinker who can independently establish direction and prioritize efforts within the team. As a subject matter expert, the Senior Manager will engage in complex business activities, demonstrating a broad perspective that extends beyond their immediate responsibilities. The role demands the ability to identify core issues and formulate solutions while acting consultatively to advance initiatives across the organization. The Senior Manager will also be responsible for staff training, development, and performance management, ensuring that the team is equipped to handle risks effectively and escalate issues as necessary. In this role, the Senior Manager will oversee the completion of accounting responsibilities, including account reconciliations, journal entries, and month-end close processes. They will ensure that all accounting activities are completed accurately and in compliance with corporate policies. The Senior Manager will represent the team during financial close periods, ensuring timely and accurate financial reporting. Additionally, they will manage efforts related to internal and external audits, ensuring that documentation is accurate and that control gaps are addressed. The Senior Manager will lead cross-functional teams to support new business initiatives and ensure that all new projects meet accounting requirements. Continuous improvement is a key focus, as the Senior Manager will seek efficiencies and control enhancements to strengthen the team's capabilities. This role requires strong leadership skills, the ability to influence decision-making across various levels, and a commitment to developing a high-performing team that can navigate the complexities of the financial landscape.

Responsibilities

  • Manages a functional team responsible for completion of accounting-control activities, such as account reconciliations, journal entries, and month-end close.
  • Ensures all accounting responsibilities are completed timely, accurately, and in accordance with corporate policies.
  • Manages workload and resource allocation against team objectives by providing clear communication to staff and Senior Leadership.
  • Provides ongoing training and development to staff, engaging with them through regular meetings and informal discussions.
  • Provides performance feedback and career support to direct reports, managing a span of control of three or more.
  • Represents team responsibilities during month-end and quarter-end financial close, ensuring timely and accurate financial reporting.
  • Oversees efforts relating to financial reporting, internal and external audits, and compliance, ensuring documentation is accurate and reviews are performed successfully.
  • Demonstrates subject matter expertise within areas of responsibility, providing ongoing accounting leadership to support business partners.
  • Leads cross-functional teams to support the advancement of new business initiatives and resolution of production events impacting the business.
  • Continuously seeks efficiency and control improvements to further capabilities of the team.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 5+ years of experience in accounting or finance roles, with a focus on management and leadership.
  • Strong knowledge of GAAP and corporate policies related to accounting and finance.
  • Proven experience in managing teams and developing staff.
  • Excellent communication and interpersonal skills to engage with senior management and external parties.
  • Ability to analyze complex financial data and provide strategic recommendations.

Nice-to-haves

  • Master's degree in Accounting, Finance, or a related field.
  • CPA or other relevant professional certification.
  • Experience with financial reporting and compliance in a large organization.
  • Familiarity with accounting software and financial systems.

Benefits

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • Short-Term Disability, Life, Long-Term Disability, and Accidental Death & Dismemberment Insurance
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan
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