Head of Accounting - Banking

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. The primary role of this position is to manage the General Accounting and Reporting functions within the Commercial Bank’s Finance department. This involves managing the preparation of all closing journal entries, the research and resolution of associated account reconciliations items, the publication of monthly financial reporting packages, and the consolidation and submission of the long-range financial plan.The candidate must possess a strong work ethic, established accounting and financial reporting experience, and an ability to manage cross functional business interactions necessary to prepare complex accounting entries. The ideal candidate will have several years of experience in financial services, particularly in the Commercial banking space. ResponsibilitiesOversee preparation and posting of monthly general ledger entries including expense accruals, prepaid deferrals and amortizations, and reclass entries to enable accurate segment profitability and GAAP reporting.Manage general ledger and sub-ledger reconciliations and reviews, ensuring variances are resolved in a timely manner in partnership with cross functional stakeholders to meet reporting deadlines.Direct account reconciliations efforts and lead research and resolution of outstanding reconciliation items in coordination with cross functional team members as necessary, including operations and accounts payable.Manage general ledger system maintenance, including account and cost center setup, hierarchy changes, and cost center closure as needed in coordination with accounting system owners.Manage consolidation, submission, and reporting of annual financial budgets.Develop standardization of monthly and quarterly financial reporting templates for cross team and business line leverage in monthly and quarterly reporting efforts.Collaborate with key stakeholders on the quality and correctness of system reports produced for internal, external, and regulatory reporting needs.Oversee effective internal controls over core lines of business accounting and reporting activities in support of Sarbanes Oxley compliance.Educations, Skills & ExperienceBachelor's degree in finance or accounting required.Minimum of four to seven years of applicable work experience in accounting or auditing.At least 3 years of experience in public accounting preferred.Advanced knowledge of Microsoft Excel and Oracle EPM preferred.LI-SJ1Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.CT Waterbury 145 Bank St; CT Stamford HQType: Full time