Treasury Accounting Manager

Location:

The Treasury Accounting Manager position will manage the accounting, reporting and related compliance over Key's derivative, investment, and debt portfolios. This position reports to the Controller of the Center of Expertise, provides accounting expertise and value-added analysis to client managers and associates in various lines of business and other support areas. Monitors and quantifies possible impact of proposed accounting guidance.

ESSENTIAL JOB FUNCTIONS

• Oversee the accounting for Key's customer and treasury derivatives, foreign exchange derivatives, bank investments and debt portfolios in compliance with relevant accounting and reporting standards.
• Actively involved in analyzing and reviewing transactions and new business products and strategies proposed or developed by the lines of business or others within Key and independently assesses adherence to applicable accounting and reporting guidance, and internal controls.
• Consults with external accounting firms in seeking guidance and/or consensus on accounting positions taken with existing or new business products, transactions, and strategies.
• Proactively involved with clients in assigned area(s) of responsibility (for example, Treasury and Treasury Operations) through internal networking and periodic meetings to ensure timely and prompt identification and resolution of accounting issues.
• Analyzes proposed FASB, SEC and regulatory accounting guidance and prepares a response, usually documented in a correspondence memo, that details Key's views for external auditors and various regulators.
• Independently implements new accounting and disclosure guidance, in conjunction with the lines of business or others within Key who are impacted, to ensure proper compliance with the relevant standards and regulations.
• Prepares documentation to support accounting research performed and conclusions reached.
• Participates in recurring accounting policy meetings with Finance and Controllership to provide project or accounting implementation updates associated with assigned area(s) of responsibility.
• Participates as accounting subject matter expert on technology projects, primarily responsible for testing of both accounting functionality and downstream accounting and reporting data requirements.
• Manages the month-end GL close process for derivatives, investments and funding, and prepares reports and analysis of financial results as required.
• Assists in the preparation and review of supporting documentation for inclusion in Key's Forms 10-K and 10-Q.
• Assists Key's external auditor with the treasury and derivative components of the annual audit.
• Actively leads department optimization efforts and suggests enhancements inprocesses and procedures to increase efficiency and/or improve customer service.
• Develops a good understanding of Key's organization and products.
• Manages and coaches' team of staff accountants.

MARGINAL OR PERIPHERAL FUNCTIONS

• Participates in special projects as necessary.

REQUIRED QUALIFICATIONS

• 6+ years of public accounting or related work experience
• Strong knowledge and understanding of generally accepted accounting principles, SEC and Regulatory reporting guidance impacting financial instruments and derivatives
• Certified Public Accountant
• Ability to work collaboratively with clients in the lines of business and other support areas, external auditors, external accounting firms, and other team members
• Strongoral and written communication skills
• Adaptability to thrive in a dynamic work environment, managing multiple priorities and deadlines
• Strong leadership and team management skills, with the ability to motivate and guide staff
• Bachelor's degree in accounting

PREFERRED QUALIFICATIONS

• Previous accounting research experience
• Work experience in the financial services industry
• Master's degree in accounting, finance or a related area

COMPETENCIES/SKILLS

• Integrity and trust-exemplifies a high degree of honesty and maintains trustworthiness. Exercises principled judgment.
• Ethics and values-adheres to the highest standards in these areas and exhibits the ability to maintain them in the face of adversity.
• Functional/Technical skills-good understanding of the accounting and research skills necessary to address the numerous accounting issues encountered throughout Key.
• Customer focus-maintains an intense focus on clients and their service needs including proactively networking with individual clients in their assigned areas of responsibility.
• Timely decision making-promptly responds to client issues where possible or works to address issues requiring others involvement with the result of timely action on the particular issue.
• Action oriented-takes charge and independently pursues appropriate solutions to client issues.
• Written communications-demonstrated ability to communicate necessary information in a written form as appropriate.
• Interpersonal savvy-works productively with others particularly in situations where action from other individuals is necessary to achieve the desired results.
• Presentation skills-possesses the skills to effectively present work results and other issues to superiors and peers.
• Business acumen-understands the basic tenets of the financial services industry and has the ability to learn and understand the business issues of the various lines of business and other support areas within Key.
• Dealing with ambiguity-works well with issues that rather than having one right answer involve identifying and interpreting appropriate accounting guidance particularly in situations where none may exist.
• Directing others-demonstrates the ability to manage the work of others by providing appropriately challenging work assignments and on-the-job learning experiences while ensuring work is completed in the required timeframes.

EQUIPMENT USED

• Microsoft Office Suite
• Online research tools

TRAINING REQUIRED

• In-house training curriculum as well as external training available as needed

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $100,000 to $125,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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