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Director Loan Accounting


Ashton Lane Group, Inc


Location

New York, NY | United States


Job description

Serve as the global subject matter expert for US GAAP and IFRS guidance related to technical accounting matters for loan products at a national bank Responsibilities: Serve as the global subject matter expert for US GAAP and IFRS guidance related to technical accounting matters for loan product Initiate and facilitate relationships across the Bank and thus earning a seat at the table with the business early in the process to ensure that they are equipped with all necessary accounting implications related to lending activities Develop a technical accounting framework and oversee related activities to ensure business activities align with US GAAP, IFRS, regulatory requirements and the Company’s internal accounting policies. Coordinate cross-functionally to understand business transactions and effectively communicate accounting items to various departments throughout the Company. Provide alternatives to the business to enable them to achieve their desired outcome while ensuring compliance with GAAP / IFRS under the appropriate control environment. Support the Head of Technical Accounting with ongoing structuring and documentation of various technical accounting initiatives and instill a business-focused and control-oriented mind-set. Partner with Global Controllership, Finance, and SEC Reporting teams to ensure impacts of accounting implementation are reflected in financial statements, disclosures, and investor relations materials as required Formulate US GAAP, IFRS, and SEC technical accounting positions/memos and reporting matters and advise on aligning lending business activities with proposed rules, standards and regulations as needed. Document transactions and discuss with key stakeholders to ensure it is complete with regards to disclosure considerations, SOX impacts, Tax impacts and data and system impacts from an operational perspective. Present tailored commentary to stakeholders at various levels and business functions regarding impact of external and internal accounting factor on financial statements. Develop Playbooks, Cheat Sheets, Q&As to support the business in understanding the accounting implications for routine transactions with the aim of driving standardization. Requirements: Desire to thoughtfully implement changes to create efficiency and instill best practices which deliver continuous improvement across the function. Proven deep technical accounting knowledge particularly with regards to Loan Accounting. Proficient in broad technical accounting knowledge in other areas of GAAP including, complex equity transactions, mergers & acquisitions, consolidations, variable interest entities, financial instruments and derivatives, funds management and share based compensation. Result oriented, high energy business partner with the ability to influence, collaborate, and work with the CFO, CAO, controllers, treasury, tax and other finance leaders Prior experience with the use of various coaching techniques to grow and mentor an efficient and control-oriented team that is capable of gracefully adjusting to changes in priorities, requirements, and competing time constraints Sound written and verbal communication skills. Able to tailor communication style and message to audience, including technical and non-technical audiences and all levels of management. Candidate must possess an undergraduate degree in accounting and/or business administration. CPA or equivalent designation required. Proven depth of experience in technical accounting / accounting policy related to capital markets may be considered.


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