Deputy Controller

Deputy Controller

Reporting to the Corporate Controller, the Deputy Controller will play a critical role as a key member of the Corporate Controller's team as well as a key leader within the overall Finance/CFO function. S/he will be responsible for leading, managing, and overseeing accounting, reporting and controlling related activities and initiatives. At Truist, the current Corporate Controller's organization includes direct reports covering all areas of accounting, policy, reporting, tax, and financial systems. In total, the Corporate Controller's team includes 280+ offshoring. The Deputy Controller will possess a comprehensive understanding of a corporate accounting, reporting and controllership within a large financial institution. S/he will be responsible for driving finance transformation initiatives within a high performing, fast paced environment.

Essential Duties And Responsibilities Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Responsible for oversight of consolidated financial statements, including ensuring accuracy of financial line items related to all business lines.
2. Lead areas of accounting or reporting, both technical and transactional, including direct or indirect oversight of controllership functions across all of our businesses and entities.
3. Provide guidance and accounting insights on highly complex transactions, including working cross-functionally to identify, resolve, and document complex accounting treatment.
4. Manage strategic priorities, monitor activities, and ensure that best in class accounting and reporting practices, internal controls, policies, procedures, and systems are maintained.
5. Oversee governance structure to centrally monitor financials, new or complex transactions and internal controls.
6. Ensure integrity and timely filing of all financial information, including compliance with US Generally Accepted Accounting Principles (GAAP), IFRS, and regulatory requirements.
7. Work closely with Accounting Policy, Tax, SOX, and other teams to ensure all transactions are recorded timely into the general ledger and that financial reporting is accurate.
8. Oversee the timely and accurate monthly, quarterly and annual financial close process for all accounting areas and associated activities.
9. Optimize processes to increase efficiency and reduce financial close timelines, in collaboration with finance digitization efforts.
10. Build and maintain relationships with appropriate levels of management across the enterprise in order to deliver complex corporate initiatives.
11. Participate in and/or prepare Board-level and committee presentations and/or meeting materials.
12. Ensure sound operational and financial internal controls.
13. Work closely with external auditors
14. Oversee, lead, manage, and mentor people and teams.

Qualifications Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• 15+ years of experience and a distinguished track record of performance leading one or more disciplines within the Corporate Controllers function at a well- respected financial institution.
• Effective, high energy business partnership with the ability to influence, strategize, collaborate, and work across the organization, with the Corporate Controller and Chief Financial Officer, and their respective direct reports and team members.
• Strong knowledge and understanding of U.S. GAAP, SEC Regulations, and Banking Regulatory Accounting Principles. In addition, skillset includes strong financial and analytical capabilities.
• Excellent knowledge of financial transactions flow and their financial reporting and regulatory reporting impacts.
• Previous experience dealing with technical matters that include complex transactions, consolidations, mergers & acquisitions, financial instruments, etc.
• Demonstrated ability to work in a cross-functional, high-growth environment, and to lead and drive complex initiatives.
• Ability to interface with external stakeholders including external auditors and regulators.
• Highly organized, disciplined in the oversight of details while maintaining the big picture perspective. Ability to manage and lead multiple activities simultaneously.
• Strong initiative, comfortable working within a fast-paced environment and assuming a strong sense of ownership over all accounting and reporting matters.
• Successful track record of providing strong, assertive and positive leadership. In addition, s/he will have the ability to attract, develop, and retain exceptional talent and bench strength.
• Ability to think innovatively in developing and executing change.
• Resilient self-starter who is comfortable pivoting often and learning continuously.
• Outstanding written and verbal communication skills.
• Candidate must possess an undergraduate degree in accounting and/or business administration. CPA designation required.

Preferred Qualifications: Prior career experience with a major public accounting firm is also highly desirable.