$107,500–$179,100 Per Year
Accounting, Accounting Policies, Accounting Software, Alliance/Partner Management, Analysis Skills, Balance Sheet, Banking Services, Best Practices, Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Coaching, Communication Skills, External Audit, Finance, Financial Accounting, Financial Analysis, Financial Audit, Financial Planning, Financial Planning and Analysis (FP&A), Financial Regulations, Financial Reporting, Financial Services, Financial Statements, Financial Trend Analysis, Generally Accepted Accounting Principles (GAAP), Higher Education, Income Statements, Internal Audit, Maintain Compliance, Operational Audit, Organizational Development/Management, People Management, Presentation/Verbal Skills, Process Analysis, Project Tracking, Record Keeping, Regulations, Regulatory Compliance, Regulatory Reports, Research Skills, Risk, Risk Analysis, SEC Filings, Securities and Exchange Commission (SEC), Strategic Planning, Team Player, Time Management, Trend Analysis, Writing Skills
Overview:
Provides management with an analysis and insight of the Bank's financial results in coordination with the broader Finance team. Conducts advanced research and analysis projects independently for financial analysis and reporting and/or accounting applications. Provides comprehensive advice and options to senior management in an expert capacity for use in setting and realizing strategic objectives. Supports and monitors progress on projects that improve financial analysis, reporting, and/or accounting processes and results. Develops and maintains relationships with key partners and senior management to influence behavior and decision making.
Functions and Responsibilities:
- Work with senior managers to identify emerging opportunities to improve the organization's efficiency in achieving internal and external reporting deliverables; work with business partners to design and implement best practices to improve adherence to financial regulations and ensure compliance with organizational standards and procedures for record keeping and internal and external reporting.
- Create internal or external financial reports and meet with Finance team to clearly summarize financial trends and provide insight to senior management. Advise on directional strategy and provide guidance on significant business and product decisions, relevant accounting considerations and/or financial and regulatory reporting objectives.
- Conduct process analysis, identify significant inefficiencies and their root causes and lead streamlining workflows, implement changes effectively and monitor outcomes; work with business partners to define high level business requirements and criteria for success.
- Promote the importance of accurate record keeping and reporting.
- Lead creation of the Bank's internal and external financial reports and work with Finance teams to provide a summary of financial and regulatory reporting and accounting trends and insight to senior management.
- Develop improved financial departmental tools and processes independently.
- Participate in the development and implementation of various Finance department projects.
- Demonstrate expert knowledge of analysis and reporting and independently convey findings to senior management. Complete detailed and interpretative financial analyses utilizing complex financial tools independently to demonstrate scenarios and activities.
- Coach and develop less experienced staff for sustainable bench-strength and resource planning.
- Demonstrate expert-level knowledge of financial and regulatory reporting and accounting concepts through the aggregation and presentation of financial data and in-depth analysis of accounting and/or financial and regulatory reporting issues and concepts.
- Display an expert-level understanding of the Bank's financial statements, including awareness of key drivers and trends in major balance sheet and income statement line items and applicable GAAP (Generally Accepted Accounting Principles), SEC (Securities and Exchange Commission), and various regulatory reporting standards (as applicable). Provide expert guidance and support of the implementation of new GAAP, SEC and/or regulatory reporting standards and guidance.
- 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 belonging 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.
Supervisory/ Managerial Responsibilities:
May have indirect supervisory and development responsibilities of team through professional leadership
Education and Experience Required:
Bachelor's degree and a minimum 9 years' accounting, auditing, operations, and/or financial institutions experience, or in lieu of a degree, a combined minimum of 13 years' higher education and/or work experience, including a minimum of 9 years' accounting, auditing, operations, and/or financial institutions experience
Experience providing financial accounting and reporting analysis in support of monthly, quarterly, and annual internal and external reporting
Strong understanding of GAAP and financial and regulatory reporting guidance applicable to the banking industry
Detail-oriented
Advanced problem-solving skills
Advanced verbal and written communication skills
Education and Experience Preferred:
Advanced degree
Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or other pertinent professional certification
Broad and comprehensive understanding of theories and practices in finance and accounting within the banking industry
In-depth knowledge of the banking industry
Experience in financial and regulatory reporting, accounting, and/or financial planning and analysis within financial services
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Buffalo, New York, United States of America