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Financial Analyst III - Accounting Policy & Special Projects

Company: M&T Bank
Location: Buffalo
Posted on: November 22, 2021

Job Description:

Overview:The--Accounting Policy & Special Projects--department supports various strategic initiatives at M&T Bank. It is comprised of six teams with varying responsibilities. The Financial Analyst III will be part of the Allowance team responsible for generating accounting entries and reconciliations for allowance for credit losses as well as assisting with the PUB acquisition. The Financial Analyst III will conduct highly technical research and prepare/analyze financial information in support of the aggregation of the allowance for credit loss estimate. Primary Responsibilities:

  • Mentors junior team members.
  • Responsible for problem resolution and data interpretation, perform or review variance analysis, and ensure timely submission of reports.-- Provide cross training/support to new team members.--
  • Prepare more complex financial schedules, reconciliations and reports for the Corporation, which could include bank regulatory reports, SEC reporting, reports to shareholders and the Board of Directors, as well as internal management reports. Strong knowledge of various tax regulations as applicable.
  • Evaluates situations using multiple sources of information and suggests insightful conclusions.
  • Other functions include data integrity testing, general ledger entries, adherence to generally accepted accounting principles, SEC disclosure requirements, and bank regulatory requirements. May be responsible for the review of the work of junior staff. Participates in special projects, improve existing processes, and interact with business line personal and communicate those results to department management.
  • Ensure success through shared responsibility of team workload to achieve department/project objectives (volume, quality, timeliness of end results).
  • Participate in training and development opportunities across Finance and the Bank.
  • Understand, adhere, and contribute to improvement / timeliness of deliverables and process efficiency.
  • Understand and adhere to the Company---s risk and regulatory standards, policies and controls in accordance with the Company---s Risk Appetite.-- Identify risk-related issues needing escalation to management.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned. Supervisory/Managerial Responsibilities:May train junior staff Education and Experience Required:
    • Bachelor's degree and a minimum of 3 years--- experience. OR Associate's degree and a minimum of 5 years--- experience in accounting auditing, operations or financial institutions.
    • Comprehensive understanding of finance, accounting and/or regulatory reporting concepts, business operations and/or bank products and knowledge of banking industry
    • High level of PC competencies (Excel, PowerPoint, Word, Access. Data visualization or data querying applications are a plus.)------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Detail oriented, with advanced problem-solving skills
    • Good verbal and written communication skills
    • Demonstrated ability to multi task while prioritizing workload Education and Experience Preferred:
      • Bachelor---s degree in Accounting
      • Prior experience in an accounting or audit role#LI-RS1 LocationBuffalo, New York, United States of America

Keywords: M&T Bank, Buffalo , Financial Analyst III - Accounting Policy & Special Projects, Accounting, Auditing , Buffalo, New York

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