Head of Accounting Policy

Description

This position oversees Huntington's Corporate Accounting Policy function. Activities include maintenance of corporate accounting policies, review of complex non-routine transactions and acting as a subject matter expert on a variety of technical accounting issues & interpretations. The position requires extensive understanding of U.S. GAAP, FASB activities, M&A Valuation techniques as well as other common accounting issues related to banking and financial services.

·Job Description

This position acts as the head of Huntington's Corporate Accounting Policy function as well as supporting various functions including M&A, Venture investments, regulatory policy. This role deals with subject matter that is highly technical in nature and requires extensive understanding and applicability of U.S. GAAP, FASB Accounting Standards, M&A valuation techniques as well as the bank's assessment of credit allowance policy and general accounting within lending products.

Duties and Responsibilities:

o Oversight of Accounting Policy function - Advise on complex and significant accounting matters and implementation of new accounting standards, new product implementations and related policy updates.

o Contribute to M&A Business Combination function - Provide M&A support with emphasis on purchase accounting, acquired portfolio valuations, especially loans, intangible assets, deposits, etc., coordination of ongoing accounting and reporting with respective Controller teams.

o Advice on annual and interim valuation and impairment assessments

o Advice on investment opportunities as it relates to accounting treatment, including potential ways of structuring transactions

o Providing subject matter expertise on accounting for leases and capitalized assets under various scenarios

o Advising business units on technical questions

o Working with corporate finance on proper financial statement presentation when modeling new or non-standard transactions

o Advice on all technical accounting matters relating to the bank's credit reserve process, adherence to accounting standards and regulatory guidance, as well as quarterly monitoring of accounting and reporting results

o Support and actively participate in month/quarter/annual close process relating to reporting and review of notes/ disclosures, significant items, etc.

o Performs other duties as assigned.

Basic Qualifications:

o 7+ years’ work experience in the banking/ financial services sector required, ideally at large regional or international banks, with a focus on complex technical accounting and reporting matters pertaining to financial products, mergers & acquisitions, credit reserves, understanding of loss estimation techniques and fair value of various types of financial instruments.

o 7+ years' management experience

o Bachelor's Degree

Preferred Qualifications:

o CPA with experience at a large international audit firm preferred.

o Experience with financial reporting or other broader controllership functions

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)Yes

Workplace Type:Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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