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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, Edison , Manager, Corporate Controllership, Executive , Stamford, New Jersey

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