VP, Controllership - Technical Accounting Policy - Synchrony
Chicago, IL
About the Job
Job Description:
Role Summary/Purpose:
This role is one of a group of accounting policy professionals that supports Synchrony' s accounting, reporting and controllership activities. The Accounting Policy team provides research and analysis to evaluate actual and proposed transactions, US GAAP and regulatory technical and reporting issues, policy implementation, and process enhancements and improvements, to ensure compliance with applicable accounting rules, regulations and procedures and Company policies.
Team members share a passion for technical accounting research and are subject matter experts. The role will have regular interaction with the Senior Vice President of Accounting Policy, the Chief Accounting Officer and other senior leaders of Synchrony Financial within Finance, FP&A, Risk, Compliance and Treasury, among others.
_Our Way of Working_
_We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events._
Essential Duties & Responsibilities:
+ Provides technical accounting guidance for Synchrony Financial including support for front‐end business development activities, financing and related transactions, acquisitions, dispositions, and deal structuring.
+ Develops and maintains consistency across accounting policies and procedures. Ensures compliance with US GAAP/Synchrony accounting policies and applicable laws and regulations.
+ Provides advice and interpretation with respect to matters of accounting, disclosure, and other financial considerations.
+ Assist in monitoring external accounting and regulatory developments that potentially impact Synchrony Financial.
+ Lead the implementation of new accounting standards, including working with industry groups, regulators and external auditors on implementation issues.
+ Assist in review of quarterly and annual SEC and regulatory filings, including management review meetings and supplemental financial reporting schedules.
+ Work with platform finance teams and accounting operational teams on new or amended contracts, client issues, and other operational changes.
+ Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
+ Bachelor's Degree with a minimum of 10 years combined public and corporate technical accounting/policy experience and a minimum of 5 years of experience in public accounting.
+ Minimum of 5 years accounting policy/technical accounting advisory experience.
+ Prior experience in financial services
+ CPA Certification.
+ Ability to operate on your own to research and analyze relevant facts and formulate technical accounting positions, considering GAAP, SEC and regulatory guidance, industry practices, etc.
+ Demonstrated experience influencing and communicating at all levels across the business.
Desired Characteristics:
+ Ideal candidate will have worked in a technical accounting role in the financial services industry and/or be an experienced senior manager in a large public accounting firm focusing on financial services with responsibilities that include US GAAP/SEC accounting research.
+ Credit Card industry experience.
+ Ability to proactively identify root causes of issues and process breakdowns and able to design process changes to minimize/eliminate re-occurrences, while also simplifying processes.
+ Ability to interact at various levels within an organization and manage multiple priorities.
+ Ability to influence colleagues and to lead projects to completion.
+ Highly articulate and confident presenter and communicator (oral and written).
+ Efficient/effective organizational and communication skills fostering an open environment.
+ Proficient use of Microsoft Office (e.g. Excel, Word, PowerPoint).
Grade/Level: 14
The salary range for this position is 150,000.00 - 250,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.
Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.
Salaries are adjusted according to market in CA, NY Metro and Seattle.
Eligibility Requirements:
+ You must be 18 years or older
+ You must have a high school diploma or equivalent
+ You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
+ You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
+ New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Our Commitment:
When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ (https://www.synchronycareers.com/our-culture/#diversity) , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.
This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.
Reasonable Accommodation Notice:
+ Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
+ If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time
Job Family Group:
Finance
Role Summary/Purpose:
This role is one of a group of accounting policy professionals that supports Synchrony' s accounting, reporting and controllership activities. The Accounting Policy team provides research and analysis to evaluate actual and proposed transactions, US GAAP and regulatory technical and reporting issues, policy implementation, and process enhancements and improvements, to ensure compliance with applicable accounting rules, regulations and procedures and Company policies.
Team members share a passion for technical accounting research and are subject matter experts. The role will have regular interaction with the Senior Vice President of Accounting Policy, the Chief Accounting Officer and other senior leaders of Synchrony Financial within Finance, FP&A, Risk, Compliance and Treasury, among others.
_Our Way of Working_
_We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events._
Essential Duties & Responsibilities:
+ Provides technical accounting guidance for Synchrony Financial including support for front‐end business development activities, financing and related transactions, acquisitions, dispositions, and deal structuring.
+ Develops and maintains consistency across accounting policies and procedures. Ensures compliance with US GAAP/Synchrony accounting policies and applicable laws and regulations.
+ Provides advice and interpretation with respect to matters of accounting, disclosure, and other financial considerations.
+ Assist in monitoring external accounting and regulatory developments that potentially impact Synchrony Financial.
+ Lead the implementation of new accounting standards, including working with industry groups, regulators and external auditors on implementation issues.
+ Assist in review of quarterly and annual SEC and regulatory filings, including management review meetings and supplemental financial reporting schedules.
+ Work with platform finance teams and accounting operational teams on new or amended contracts, client issues, and other operational changes.
+ Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
+ Bachelor's Degree with a minimum of 10 years combined public and corporate technical accounting/policy experience and a minimum of 5 years of experience in public accounting.
+ Minimum of 5 years accounting policy/technical accounting advisory experience.
+ Prior experience in financial services
+ CPA Certification.
+ Ability to operate on your own to research and analyze relevant facts and formulate technical accounting positions, considering GAAP, SEC and regulatory guidance, industry practices, etc.
+ Demonstrated experience influencing and communicating at all levels across the business.
Desired Characteristics:
+ Ideal candidate will have worked in a technical accounting role in the financial services industry and/or be an experienced senior manager in a large public accounting firm focusing on financial services with responsibilities that include US GAAP/SEC accounting research.
+ Credit Card industry experience.
+ Ability to proactively identify root causes of issues and process breakdowns and able to design process changes to minimize/eliminate re-occurrences, while also simplifying processes.
+ Ability to interact at various levels within an organization and manage multiple priorities.
+ Ability to influence colleagues and to lead projects to completion.
+ Highly articulate and confident presenter and communicator (oral and written).
+ Efficient/effective organizational and communication skills fostering an open environment.
+ Proficient use of Microsoft Office (e.g. Excel, Word, PowerPoint).
Grade/Level: 14
The salary range for this position is 150,000.00 - 250,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.
Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.
Salaries are adjusted according to market in CA, NY Metro and Seattle.
Eligibility Requirements:
+ You must be 18 years or older
+ You must have a high school diploma or equivalent
+ You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
+ You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
+ New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Our Commitment:
When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ (https://www.synchronycareers.com/our-culture/#diversity) , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.
This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.
Reasonable Accommodation Notice:
+ Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
+ If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time
Job Family Group:
Finance
Source : Synchrony
