Accounting Policy and Project Manager

at Old National Bank in ChicagoChicago, Illinois, United States

Job Description

Accounting Policy and Project Manager
Job Locations

US-IN-Evansville | US-IL-Chicago | US-TN-Nashville | US-MN-St Louis Park | US-KY-Louisville | US-IN-Indianapolis | US-WI-Milwaukee

Category/Function 
Accounting/Audit  

Position Type 
Regular Full-Time  

Requisition ID 
2023-13165  

Workplace Type 
On Site
Overview

Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.
We are currently have an open position for a Manager of Accounting Policy and Projects. The Accounting Policy team, is part of the broader Corporate Controller organization under the jurisdiction of the Chief Accounting Officer at Old National Bancorp (ONB). The Controllership group provides accounting compliance and oversight for all transactions, ensuring appropriate accounting treatment, adherence to internal controls and accurate financial statement reporting and presentation. The Accounting Policy team is seeking a Manager to serve as a valued business partner, providing timely and accurate financial consultation on emerging, existing and complex accounting issues as well as assisting the lines of business and accounting operations with operationalizing processes to conform to U.S. GAAP. The candidate will partner with various cross-functional groups including but not limited to Corporate Accounting, Tax, Legal, Operations, Finance, Treasury, external auditors, and the Lines of Business to drive the implementation of new accounting standards and adherence to existing accounting standards. This role also offers many opportunities to engage with executive management. To be considered for this role, candidates must have a strong understanding of US GAAP, a proven track record of problem solving in a pressure sensitive environment and have demonstrated strong communication and influence with management.
In addition, this position will assist the Controllership organization in oversight of ONB's (which includes the Bancorp, the Bank and affiliates) accounting systems, supervise and develop accounting staff, ensure internal accounting controls are in place and functioning, identify ways to improve operations and operating results, coordinate with staff in Financial Analysis, and External Reporting, as well as other areas outside of Finance, on an as needed basis.
Key Accountabilities
Manage Accounting Policy Team Activities:
Assist as directed the Controllership in setting and ensuring compliance with internal accounting policies as well as GAAP and other regulatory guidelines for all areas of ONB
Provide US GAAP technical accounting research, interpretation, and consultation on complex and non-routine transactions
Draft technical accounting memos (whitepapers) on a recurring and ad-hoc basis
Maintain, review, monitor and update ONB's accounting policies on a continual basis and coordinate new disclosure areas, including unique transactions and newly adopted accounting standards with External Reporting
Monitor standard setting activities from the FASB and the SEC (in conjunctions with External Reporting) and assist in the process of participating in comment letter activities and participate in any relevant outreach with ONB's regulators
Assist in coordinating any significant and unusual transactions and develop a quarterly systemic internal reporting dashboard for distribution to all vested stakeholders
Provide annual and ad hoc technical accounting training to various internal groups
Manage through ambiguity in complex environments, while continuing to drive action as well as troubleshoot issues, and drive solutions across stakeholders
Assist with various operational and automation projects, time permitting and as directed by the Corporate Controller
Manage Performance of the Department/Team:
Oversee day-to-day activities of the assigned functions
Develop succession and development plan within the functions assigned
Monitor and review performance with respect to expectations and current conditions
Work with staff to ensure internal accounting controls are maintained (i.e.: that actions are in line with regulations and policies)
Motivate, supervise, train and evaluate staff members
Maintain accounting system policies and procedures and revise such procedures to meet management's needs... For full info follow application link.

EOE/Minorities/Females/Vet/Disability