Synchrony - New York, NY

posted 7 days ago

Full-time - Senior
Remote - New York, NY
Credit Intermediation and Related Activities

About the position

The VP, Controllership - Accounting Policy at Synchrony is a senior-level role responsible for providing technical accounting guidance and ensuring compliance with US GAAP and company policies. This position involves research and analysis of accounting transactions, regulatory issues, and policy implementation, while collaborating with senior leaders across various departments. The role emphasizes a strong understanding of technical accounting and the ability to influence and communicate effectively within the organization.

Responsibilities

  • Provides technical accounting guidance for Synchrony Financial including support for front-end business development activities, financing and related transactions, acquisitions, dispositions, and deal structuring.
  • Develops and maintains consistency across accounting policies and procedures.
  • Ensures compliance with US GAAP/Synchrony accounting policies and applicable laws and regulations.
  • Provides advice and interpretation with respect to matters of accounting, disclosure, and other financial considerations.
  • Assists in monitoring external accounting and regulatory developments that potentially impact Synchrony Financial.
  • Leads the implementation of new accounting standards, including working with industry groups, regulators, and external auditors on implementation issues.
  • Assists in the review of quarterly and annual SEC and regulatory filings, including management review meetings and supplemental financial reporting schedules.
  • Works with platform finance teams and accounting operational teams on new or amended contracts, client issues, and other operational changes.
  • Performs other duties and/or special projects as assigned.

Requirements

  • Bachelor's Degree with a minimum of 10 years combined public and corporate technical accounting/policy experience and a minimum of 5 years of experience in public accounting.
  • Minimum of 5 years accounting policy/technical accounting advisory experience.
  • Prior experience in financial services.
  • CPA Certification.
  • Ability to operate independently to research and analyze relevant facts and formulate technical accounting positions, considering GAAP, SEC and regulatory guidance, industry practices, etc.
  • Demonstrated experience influencing and communicating at all levels across the business.

Nice-to-haves

  • Ideal candidate will have worked in a technical accounting role in the financial services industry and/or be an experienced senior manager in a large public accounting firm focusing on financial services with responsibilities that include US GAAP/SEC accounting research.
  • Credit Card industry experience.
  • Ability to proactively identify root causes of issues and process breakdowns and able to design process changes to minimize/eliminate re-occurrences, while also simplifying processes.
  • Ability to interact at various levels within an organization and manage multiple priorities.
  • Ability to influence colleagues and to lead projects to completion.
  • Highly articulate and confident presenter and communicator (oral and written).
  • Efficient/effective organizational and communication skills fostering an open environment.

Benefits

  • Work from home option
  • Annual bonus based on individual and company performance
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