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 Company accounting systems, 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. Independently leads projects within or across the division and/or represents the division in enterprise-wide projects involving business partners outside the department. Conducts technical, highly complex and critical accounting-based research and analysis projects to provide management with definitive financial data and advice. Serves as mentor to less experienced staff.
Primary Responsibilities:
- Support the monthly general ledger closing for an assigned area outside Finance, including analyzing and interpreting account fluctuations and monthly/quarterly reporting (could include manual processing).
- Champion monthly variance analysis, reconciliations, tests of accounting data integrity, and work paper reviews.
- Review accounting transaction documentation for completeness and accuracy; identify and work to resolve accounting issues and variances.
- Provide guidance and mentoring to less experienced personnel; provide input to the annual review process for them.
- Champion 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.
- Create business requirements documents and functional requirements as well as test and implement these new requirements.
- Provide significant accounting and operational support throughout the department, ensuring appropriate levels of internal control.
- Complete, and at times direct, related projects and highly specialized assignments in support of department initiatives.
- Participate in and/or lead special projects related to accounting, financial reporting, regulatory reporting and/or policy and procedure review.
- 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 diversity 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 business partners as well as internal and external auditors and assists less experienced personnel on more complex issues. The position will also provide coaching and guidance to less experienced team members.
Supervisory/Managerial Responsibilities:
Not applicable
Education and Experience Required:
- Bachelor's degree in Accounting or related field with a minimum of 3 years’ post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years’ higher education and work experience
- Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) qualified
- 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
- Experience developing and implementing financial controls
- Detail oriented
- Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions.
- Outstanding written and verbal communications skills.
- Experience supervising less experienced accounting staff.
Education and Experience Preferred:
- Experience in financial services accounting
- Experience working in an agile environment
Physical Requirements:
LocationLondon, United Kingdom
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
