Overview:
Supports all accounting-related activities, projects, analysis and/or conversions for an assigned area within Global Capital Markets (GCM). Responsible for development and management of operational accounting control functions in support of the Bank’s accounting systems for an assigned area, including maintaining accounting entry flow process to support accurate and timely reconciliation of all general ledger accounts and internal and/or external reporting of financial information and regulatory reporting. Assists and participates in related projects as requested; may serve as lead on routine projects.
Primary Responsibilities:
- Support the monthly closing of the general ledger for an assigned area outside Finance, including analyzing and interpreting account fluctuations and monthly/quarterly reporting (could include manual processing).
- Prepare monthly variance analysis, reconciliations, tests of accounting data integrity, and work paper reviews.
- Review accounting transaction documentation for completeness and accuracy; research account variances.
- Support the improvement and implementation of existing processes and new processes related to the accounting for various products that enhance the efficiency and effectiveness of the department.
- Support the integration of acquired portfolios to the Bank’s general ledger.
- Support creation of business requirements documents and functional requirements as well as test and implement these new requirements.
- Prepare accounting reports specific to assigned area in a timely and accurate manner.
- Complete accounting tasks in a manner compliance with applicable laws and regulations and/or that serve to help the Company maintain compliance with laws and regulations that apply to the business line the position supports.
- Participate in interpreting and analyzing financial information and presenting results. Research and compile data to provide management with financial trends.
- Participate in departmental task and project planning.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
- Complete other related duties as assigned.
Scope of Responsibilities:
The position works independently under general supervision. This position interacts with internal Bank business partners as well as internal and external auditors with support of more experienced personnel.
Supervisory/Managerial Responsibilities:
Not Applicable
Education and Experience Required:
- Bachelor’s degree in Accounting, or related field with significant Accounting coursework and a minimum of 1 years’ accounting, audit and/or financial institution experience, or in lieu of a degree, a combined minimum of 5 years’ higher education and/or work experience, including a minimum of 1 years’ accounting, audit and/or financial institution experience
- Part Qualified Association of Chartered Certified Accountants (ACCA) studying Stage 3 The Strategic Professional or Part Qualified Chartered Institute of Management Accountants (CIMA) studying the Strategic Level.
- Proficient in the use of Personal Computers including word processing, spreadsheet, presentations and industry-specific software.
- Experience in the application of Generally Accepted Accounting Principles (GAAP) principles
- Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards
- Good technical aptitude with curiosity and desire to learn new tools and skills
- Excellent verbal and written communication skills
- Experience adhering to strict deadlines
- Motivated for quality and excellent service delivery
- Detail oriented
- Prior experience being highly flexible and adaptive to change
- Experience working in a collaborative environment
Education and Experience Preferred:
- Experience in financial services accounting
- Experience working in an agile environment
Physical Requirements:
Location
London, United Kingdo