Description

Summary:

As a member of Accounting Policy, the Corporate Accounting Manager-Sr will assist the Accounting Policy Director and Treasury Controller with the implementation and maintenance of the hedge accounting portfolio as well as all required operational, accounting, reporting and oversight activities.  The individual will have regular and direct interactions with the Treasury Controller, the Accounting Policy Director, and senior management within the Corporate Treasury function.

Duties and Responsibilities:

• Provide oversight to all aspects of the hedge accounting process from valuation, correlation testing, internal controls and governance, accounting and external reporting.
• Assist with hedge accounting research and advise internal constituencies on potential accounting and reporting implications for new and existing hedge accounting relationships.
• Assist with required prospective and retrospective hedge correlation testing on a timely basis.
• Review required hedge accounting documentation and facilitate review with external auditors.•    Prepare and analyze weekly, monthly and quarterly hedge accounting results.
• Provide oversight to the month-end reconciliation and close processes for derivatives, escalating and resolving issues with senior management as necessary.
• Initiate process re-engineering, improve efficiency, and work to improve IT solutions.
• Ad hoc projects may be assigned and may involve advising with Corporate Treasury, Corporate Risk, IT and other groups within the Bank.

Basic Qualifications:

• Bachelor's Degree in Finance or Accounting.
• CPA or CFA required.
• Minimum of 7 years accounting experience with capital markets and financial products, specifically with hedge accounting, correlation testing, and related hedge documentation.
• Minimum of 7 years of experience with financial instruments and derivative valuation and related market impacts.

Preferred Qualifications:

• Experience with large public accounting firm and include work with financial institutions.
• Experience with project management and implementation of accounting processes.
• Proficient with Microsoft Office, Excel, Word, and various Bloomberg Finance applications.
• Experience preparing technical accounting written communications, financial product-related documentation and project management related materials in the financial services industry.
• Ability to effectively communicate with all levels of management, including senior management.

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

Workplace Type:

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.

Huntington is an Equal Opportunity Employer.

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

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