Accounting Director jobs in New Britain, CT

Accounting Director directs the operations and policies of an accounting function. Implements accounting policies and procedures that adhere to governmental, financial, and tax regulations and comply with GAAP and IFRS standards. Being an Accounting Director monitors and evaluates accounting systems and processes to identify areas for improvement and optimization. Oversees overall monthly, quarterly, and annual accounting close processes and reporting. Additionally, Accounting Director develops and directs accounting professionals and supports staff through subordinate managers. Requires a bachelor's degree in accounting or finance. May require Certified Public Accountant (CPA). Typically reports to a head of accounting. The Accounting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Accounting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Managing Director, Treasury Accounting
  • Webster Bank
  • Waterbury, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

    Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

    The Managing Director, Treasury Accounting is responsible for managing systems, accounting, servicing, resources and operations related to Treasury products including derivatives, investments, and debt issuances.  The position is responsible for managing the accounting close process, daily operations and accounting requirements related to preparation of SEC and regulatory filings of Treasury products.  The Managing Director Treasury Accounting is involved with design and implementation of Treasury strategies and management of data and automation related to Treasury systems.  The MD supports related business lines and works directly with support partners such as SOX, Audit (internal and external), and other critical review functions. Collaborate with colleagues across the company, Commercial, Compliance and Credit, as well as external vendors to provide support, solutions, and continuous process improvement. The Managing Director Treasury Accounting will manage a team responsible for a fast-paced environment that includes operations, accounting and reporting related to the Bank’s Derivatives, Securities, Long-Term Debt, Funding, FX, and short-term customer investments.

    Derivative responsibilities include:

    • Servicing of a $23 billion notional value portfolio of 2,000 derivative positions with of, including dealer and customer payments, notices, and ongoing account maintenance.

    • Client onboarding and regulatory reporting for trades

    • Trade validation and documentation review including revenue reporting.

    • Daily collateral management for dealer variation margin and settlement including CCP settlements.

    • Manage the daily trade process to include the proper documentation to be SOX compliant.

    • Manage controls around fair value of derivatives including CVA estimates.

    • Manage accounting entries, hedge accounting requirements and quarterly SEC/Regulatory reporting. Manage reconcilement daily cash and monthly sub-ledger to Oracle.

    • Management reporting for counter party risk and trade activity.

    • Manage vendor relationship for Derivative system of record including being subject matter system expert and owning overall internal vendor relationship for both contract and Third-Party Risk assessments and SOC1 reviews.

    • Support a front office team of 6 traders and be involved in weekly meeting and actively partner with business line on strategic initiatives.

    Investment Securities Portfolio responsibilities include:

    • Servicing of a $15 billion portfolio of 2,000 securities positions including P&I collection, trade settlement, trade validation and ongoing asset maintenance such as ratings, rates, and factors.

    • Management reporting and analysis related to balance sheet and income impact of securities portfolio. Partner with front office Treasury team to perform controls around fair value analysis and CECL estimates.

    • Manage vendor relationship for Investment system of record including being subject matter system expert and owning overall internal vendor relationship for both contract and Third-Party Risk assessments and SOC1 reviews.

    • Manage relationships with custody vendors including BNYM, FRB-NY and various other pledge facilities. Be a subject matter expert in custody systems as well as pledge requirements.

    • Manage the high-volume of daily collateral movements required to maintain adequate liquidity profile. Maintain proper location details for custody reconcilement and payment locations related to collateral movement.

    • Manage the daily process to be SOX compliant with the goal of zero deficiencies.

    • Manage accounting entries, quarterly SEC/Regulatory reporting and reconcilement of daily cash and monthly sub-ledger to Oracle as well as custody position reconcilement.

    • Support a front office Treasury team of traders and ALM, Capital managers and be involved in weekly meeting and actively partner with business line on strategic initiatives.

    Long-term debt, Funding, FX and customer short-term investments:

    • Onboarding and servicing of counterparty funding instruments such as long-term debt, FHLB advances, fed funds purchased, brokered CD, wholesale repo and customer short-term repo investments.

    • Manage the settlement, valuation, and reporting of FX trades related to hedging the Bank’s foreign denominated loan portfolio. Partner with Treasury Funding and Loan Operations to process daily settlements as required. Provide reporting and position reconcilement for all FX positions.

    • Support a front office Treasury team of traders and be involved in weekly meeting and actively partner with business line on strategic initiatives.

    Other Manager responsibilities include:

    • Develop and implement policies and procedures to maintain effective control over daily operations.

    • Support an effective SOX and Audit control environment with complete documentation and strong control processes.

    • Manage the team and provide and motivate the team to perform and produce a quality work product.

    • Actively lead/participate in corporate projects.

    Experience

    • Bachelor’s degree in accounting or finance. CPA or equivalent work experience is preferred..

    • Minimum of 10 years of experience. Knowledge of treasury products including derivatives and securities is preferred.

    • Strong time management skills with the ability to multi-task in a fast-paced environment.

    • Strong written and verbal communication skills.

    • Strong analytical skills and the ability to learn multiple core accounting and treasury systems.

    • Availability to work extended hours as needed during high volume and financial close

    • Strong Microsoft office skills (Excel, Word, Outlook)

    The estimated salary range for this position is $160,000USD to $195,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

    #LI-EF

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

  • 7 Days Ago

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Ap ar specialist
  • Accounting Now
  • Middletown, CT FULL_TIME
  • AP / AR Specialist in Middletown, CT at Accounting Now SNI has partnered with a reputable manufacturing company near Middletown, CT looking for an AP / AR Specialist to support the Director of Finance...
  • 19 Days Ago

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AP/AR Specialist
  • Accounting Now
  • Middletown, CT FULL_TIME
  • SNI has partnered with a reputable manufacturing company near Middletown, CT looking for an AP/AR Specialist to support the Director of Finance. Accounts Payable and Receivable Job Responsibilities: G...
  • 1 Month Ago

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Full Charge Bookkeeper (Part-Time)
  • Accounting & More, LLC
  • Torrington, CT FULL_TIME|PART_TIME
  • Our company is currently seeking ​a Full Charge Bookkeeper to join our team! You will be responsible for assisting other team members and work with clients. This is a fast paced office. Responsibiliti...
  • 1 Month Ago

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Medical Collectors
  • Ledgent Finance & Accounting
  • Farmington, CT FULL_TIME
  • Ledgent is now hiring for an Medical Collectors to join growing Orthopedic office in Farmington, CT. We are looking for detail-oriented, team players who have a focus in providing excellent customer s...
  • 1 Month Ago

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Accounting
  • A.R. Mazzotta
  • Middletown, CT FULL_TIME
  • Accounting Professionals wanted! A.R. Mazzotta is working with several companies across Connecticut who are looking for additional staff for their accounting teams. Currently looking to interview indi...
  • 20 Days Ago

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0 Accounting Director jobs found in New Britain, CT area

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Assistant Account Executive
  • Agency 720
  • Danbury, CT
  • Agency 720 is the Agency of record for the Chevrolet Local Marketing Associations. Our primary goal is to provide the be...
  • 3/29/2024 12:00:00 AM

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Program Coordinator
  • Akkodis
  • Bristol, CT
  • Akkodis is seeking a Program Coordinator for a Contract role with a client located in Bristol CT 06010 Pay range: $21 - ...
  • 3/28/2024 12:00:00 AM

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Office Assistant
  • law Office of Jon E. Jessen LLC
  • Stamford, CT
  • Job Description Job Description We are seeking a bilingual Office Assistant (Spanish and English)to join our team! You w...
  • 3/28/2024 12:00:00 AM

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Sales - Trade Show Sales Director
  • Unicomm
  • New Haven, CT
  • Job Description Job Description If you thrive for a goal-oriented, professional, financially motivated environment, this...
  • 3/27/2024 12:00:00 AM

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Senior Account Executive
  • Avid Marketing Group
  • Rocky Hill, CT
  • Title: Senior Account Executive Position Overview Responsible for building strong, lasting relationships with clients in...
  • 3/25/2024 12:00:00 AM

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Programming Coordinator
  • Solomon Page
  • Bristol, CT
  • We are looking for a Programming Coordinator for a top entertainment company in Bristol, CT! This position will operate ...
  • 3/25/2024 12:00:00 AM

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Programming Coordinator
  • Solomon Page
  • Bristol, CT
  • Our client is seeking a Program Coordinator to join their team in Bristol, CT! The Program Coordinator is a temporary po...
  • 3/25/2024 12:00:00 AM

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Office Assistant
  • Waterview Landscaping LLC
  • Old Saybrook, CT
  • Job Description Job Description Our company is looking for an Office Assistant to be responsible for handling clerical t...
  • 3/25/2024 12:00:00 AM

New Britain is a city in Hartford County, Connecticut, United States. It is located approximately 9 miles (14 km) southwest of Hartford. According to 2010 Census, the population of the city is 73,206. Among the southernmost of the communities encompassed within the Hartford-Springfield Knowledge Corridor metropolitan region, New Britain is home to Central Connecticut State University and Charter Oak State College. The city's official nickname is the "Hardware City" because of its history as a manufacturing center and as the headquarters of Stanley Black & Decker. Because of its large Polish p...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Accounting Director jobs
$207,011 to $285,194
New Britain, Connecticut area prices
were up 1.7% from a year ago

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