Job Description
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel atall from Day One.
Primary Responsibilities
Assess the impact of new accounting standards on the company and responsible for leading the implementation across affected business units.
Provide day-to-day guidance on the accounting for new, unusual, significant and / or complex transactions or products. Ensure business units have clear understanding of accounting application; and potential impacts and operational processes are considered in the implementation of accounting practices.
Directly involved in critical decision-making activities that drive or enhance business performance and / or the related impact to financial results.
Keep current and prepare summaries of industry accounting issues and literature to ensure company compliance and appropriate interpretation and application.
Prepare written summaries supporting accounting positions taken on significant or complex transactions. Assist with drafting comment letters to the FASB on proposed accounting standards.
May assist with accounting due diligence and subsequent purchase accounting for acquisition targets.
This position may engage staff from other areas to assist on projects on an as needed basis and must be effective in managing and motivating staff that do not report directly to him / her.
Basic Qualifications
Bachelor's degree in accounting or finance, or equivalent work experience
13 or more years of relevant financial accounting experience
Preferred Skills / Experience
CPA preferred (active or inactive)
Advanced knowledge of financial concepts and methodologies
Considerable knowledge of accounting theory practice, regulatory requirements and reporting
Demonstrated ability to apply critical thinking, problem solving, and decision-making skills
Well-developed financial analysis and project planning skills
Proven decision-making skills
Strong verbal and written communication
Project management experience preferred
Benefits
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).
Pay Range : $149,515.00 - $175,900.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance.
Director Accounting • Charlotte, NC, US