Regions Bank Accounting Policy Manager for Treasury & Finance in Birmingham, Alabama

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, our Accounting Policy Manager reports to the corresponding Business Unit Controller, and has responsibility for accounting policy and financial reporting practices within the respective business unit, identification and escalation of significant or unusual transactions, advising Business Lines, Finance and Risk partners on accounting/ control implications of new products, services, or transactions, assisting with Sarbanes-Oxley Act (SOX), regulatory exams, internal and external audits, as well as responding to financial reporting requests.

Primary Responsibilities

  • Serves as Business Unit liaison, providing oversight/accountability for significant and unusual accounting and reporting issues within the Business Units; maintains collaborative relationships with Business Line, Finance and Risk partners to advise on existing, new or proposed processes, events and transactions that may have accounting and reporting implications.

  • Represents the Business Unit Controller at executive level meetings when necessary

  • Supervises and provides support to Accounting Policy Analysts.

  • May lead or assist with the preparation and presentation of reports to senior level management on key issues and overviews of significant transactions.

  • Advises the line of businesses on the process of new products and transactions initiatives.

  • Provides proactive, expert consultation and technical support on events and transactions by identifying and addressing accounting policy and reporting issues and opportunities

  • Prepares and/or provides oversight on preparation of U.S. generally accepted accounting principals (GAAP) technical accounting position papers on events and transactions (including due diligence efforts) and work with internal/external auditors through the review process.

  • Evaluates the impact of proposed and new accounting rules and advise internal stakeholders on implementation; monitors emerging accounting standards, interprets impact to the Company and presents implementation priority/status to senior leadership; oversees maintenance of Corporate Accounting Policies.

  • Assists in representing the Company externally on issues related to accounting policy and reporting matters through participation in industry-wide associations and related organizational meetings.

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay

Requirements

  • Bachelor's degree in Accounting or a related degree

  • Eight (8) years of experience in public accounting, accounting policy or directly related accounting experience.

  • Certified Public Accountant

  • Advanced knowledge of internal and external regulatory/legal requirements and market solutions.

  • Comprehensive and current understanding of U.S. GAAP, financial reporting principles and regulatory requirements

  • Excellent communication skills, both written and verbal

  • Excellent analytical, organizational and project management skills

Preferences

  • Experience with financial institutions

Serves as Accounting Policy Manager with primary focus supporting Treasury & Finance business lines for significant matters and unusual accounting issues.

Serves as Hedging Manager providing technical support and oversight on balance sheet derivative hedging strategies including strategy drafting and maintenance, regression methodology and ongoing measurement oversight.

May lead or assist on such accounting topics as Fair Value, Loan Valuation, Debt Offerings, Equity Transactions & MSR Valuation.

Location:

Birmingham, Alabama

EEO/AA/Minorities/Females/Disabled/Veterans

About Regions

At Regions, our culture focuses on five core values that are a commitment to how we will do business:

  • Put people first

  • Do what is right

  • Focus on your customer

  • Reach higher

  • Enjoy life

Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.

EEO/AA/Minorities/Females/Disabled/Veterans