Posted:
9/25/2024, 6:57:18 AM
Location(s):
Connecticut, United States ⋅ Stamford, Connecticut, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Accounting
If you’re looking for a meaningful career, you’ll find it here at Webster. 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.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
The Senior Managing Director Accounting Systems and Transformation is responsible for leading our automation efforts and improving analytic capabilities in the accounting function. This position works with key stakeholders to identify and implement operational efficiencies in the accounting function by improving or eliminating processes, implementing technology, and ensuring proper controls are in place. This role will drive efficiencies in existing and new activities to enable better analytic contributions to the business. The SMD of Accounting Systems and Transformation is a strategic individual who will partner with functional heads to provide strategic design, process, control, and capabilities to shape our future. The role will report directly to the Chief Accounting Officer.
Key Responsibilities
The SMD Accounting Systems and Transformation is responsible for the vision, implementation, and enhancement of Accounting and Finance systems and processes
This role collaborates across teams to working closely with IT and Accounting and Finance to research and recommend software solutions that drive accurate accounting and financial reporting
Drive best practices and transformative projects to elevate the organization's accounting and financial systems infrastructure
Develop and execute a comprehensive strategy for Accounting and Finance systems in alignment with organizational goals and industry best practices
Lead a team in managing the integrity, security, and compliance of financial data across all Accounting and Finance platforms
Partner with various lines-of-defense and compliance teams to ensure adherence with regulatory requirements and to internal controls related to financial systems and data management
Collaborate with IT professionals and other cross functional stakeholders to address technical challenges, resolve system issues, and optimize system performance
Manage cross-functional projects to enhance system capabilities, streamline workflows, and improve the accuracy and accessibility of data
Proactively identify opportunities for enhancements and improvements by remaining current on industry trends, emerging technologies, and regulatory changes
Identify opportunities to utilize technology and tools to enable process efficiency.
Analyze technology, resource needs, to plan and assess the feasibility of projects
Drive transformation agenda
Deliver multi-year transformation plan to achieve step-change improvements in operational efficiency and control
Assist in the preparation of memos and presentations for senior leadership review
Review and recommend SOWs and cost estimates
Perform frequent and complex ad hoc analytical assignments
Foster an environment of high collaboration with constituents
Assist with due diligence activities in support of various business development initiatives
Education, Experience and Skills
Bachelors degree in Accounting, Finance
At least ten (10) years of relevant experience , Advanced knowledge of Accounting and Finance software applications
Strong written and verbal communication skills
Strong analytical skills
Strong organizational skills
Strong motivational and presentation skills
Ability to work effectively in a fast-paced and changing environment
Strong IT background (Windows, UNIX, SQL server/ Oracle database, etc.), Ideally, experience within business controller group, providing support to key financial accounting and control processes
The estimated salary range for this position is $205,000 USD to $230,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Website: https://websteronline.com/
Headquarter Location: Waterbury, Connecticut, United States
Employee Count: 1001-5000
Year Founded: 1935
Industries: Banking