Accounting Analyst II

M&T Bank · Brooklyn NY

Company

M&T Bank

Location

Brooklyn NY

Type

Full Time

Job Description

Overview:

Supports all accounting-related activities, projects, analysis and/or conversions for an assigned area outside Finance. 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 compliant with applicable laws and regulations and/or that serve to help the Company be in 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 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 has interaction with internal Bank business partners as well as internal and external auditors with support of more experienced personnel.

Education and Experience Required:

Bachelor's degree in Accounting, or related field with significant Accounting coursework and a minimum of 1 year 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 year accounting, audit and/or financial institution experience

Proficiency in pertinent spreadsheet software

Knowledge and application of GAAP (Generally Accepted Accounting) Principles

Strong interpersonal skills

Education and Experience Preferred:

Master's degree in Business Administration (MBA)

Certified Public Accountant (CPA)

Minimum of 1 year bank operations accounting experience

Location
Buffalo, New York, United States of America

Date Posted

08/12/2022

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