Manager, Corporate Controllership
Company: Webster Bank
Location: Stamford
Posted on: November 13, 2024
Job Description:
If you're looking for a meaningful career, you'll find it here
at Webster. Founded in 1935, our focus has always been to put
people first--doing whatever we can to help individuals, families,
businesses and our colleagues achieve their financial goals. As a
leading commercial bank, we remain passionate about serving our
clients and supporting our communities. Integrity, Collaboration,
Accountability, Agility, Respect, Excellence are Webster's values,
these set us apart as a bank and as an employer.Come join our team
where you can expand your career potential, benefit from our robust
development opportunities, and enjoy meaningful work!Position
OverviewThe Manager, Corporate Controllership will leverage
accounting and analytical skills and understanding of U.S. GAAP to
oversee various accounting activities including but not limited to
product level accounting, reconcilements, analytics, and reporting
activities.Key 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 but not limited
to Current Expected Credit Losses (CECL), transfers and servicing
of financial instruments, 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.Experience, Skills
and Education:
- 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, financial services
preferred.
- 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.
- Demonstrates the ability to understand and interpret complex
accounting issues and processes and to recommend actions to ensure
integrity of financial systems and compliance with GAAP.
- Works and communicates effectively with management and staff
throughout the organization.
- Demonstrates project management skills with proven success at
managing projects to completion with limited supervision.The
estimated salary range for this position is $100,000 to $120,000.
Actual salary may vary up or down depending on job-related factors
which may include knowledge, skills, experience, and location. In
addition, this position is eligible for incentive compensation.All
qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, sexual orientation,
gender identity, national origin, disability or protected veteran
status.
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Keywords: Webster Bank, Wayne , Manager, Corporate Controllership, Executive , Stamford, New Jersey
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