Accounting Policy Director
Job in
Charlotte, Mecklenburg County, North Carolina, 28245, USA
Listing for:
Truist Financial
Full Time
position
Listed on 2026-03-11
Job specializations:
-
Finance & Banking
Financial Reporting, Financial Compliance
-
Accounting
Financial Reporting, Financial Compliance
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly
USD
80000.00
100000.00
YEAR
Job Description & How to Apply Below
Accounting Policy Director
Senior‑level officer and leading technical accounting subject matter expert responsible for effectively communicating and ensuring the enterprise’s proper understanding and appropriate implementation of accounting policies and practices in accordance with the extremely complex and dynamic accounting principles generally accepted in the United States (GAAP) and subject to effective internal controls in connection with the SOX and FDICIA programs. Provide expert advice on a broad range of complex accounting and financial reporting issues to Executive officers, the Finance organization and other senior leaders.
Essential Duties and Responsibilities Serve as an effective business partner and expert advisor in collaborating across the organization to achieve financial reporting that (i) complies with GAAP, (ii) is transparent, (iii) is representationally faithful to the business objective and economics of the underlying transaction or activity and (iv) is produced in a well‑controlled, practical and operationally sustainable manner.Research appropriate accounting treatment and provide expert advice for complex transactions or financial matters for Truist Financial Corporation and its subsidiaries to ensure compliance with GAAP, regulatory reporting and affiliate transaction requirements. Such complex issues include but are not limited to acquisitions, divestitures, credit losses, hedge accounting, transfers and variable interests.Support the controlled accounting and reporting for highly complex transactions. Responsibilities include accurate financial reporting and adequate internal controls, preventing or detecting financial reporting fraud and ensuring that Truist complies with applicable accounting policies and standards.Closely monitor the standard‑setting process of the Financial Accounting Standards Board (FASB) and United States Securities and Exchange Commission (SEC), as well as the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board (FRB) as applicable to bank accounting and reporting, to ensure that all relevant proposed changes to GAAP and other reporting requirements are understood and the impacts communicated to senior and executive leaders timely.Oversee the implementation of new accounting or external reporting requirements, which includes development of accounting and regulatory reporting policies and standards, design of operational processes necessary to ensure full compliance with any new requirements, and the development of the related internal control framework related to these new processes.Prepare and/or revise, or oversee the preparation and/or revision, of accounting policies and procedures to effectively manage the risk of GAAP non‑compliance by reflecting new accounting pronouncements or guidance, improving clarity or responding to changing circumstances.Proactively provide counsel to Executive officers, senior leaders and financial management on complex accounting and external reporting issues. Develop conceptual frameworks to assist senior leaders in understanding the accounting and reporting requirements. Provide accounting guidance in response to inquiries from auditors, regulators and others regarding specific transactions, issues and other matters.Ensure the design and implementation of adequate processes and controls to comply with relevant GAAP such that deficiencies in internal control over financial reporting are prevented. Support the Risk Management Organization through the effective identification, measurement, communication and mitigation of GAAP risk in adherence with requirements.Oversee the preparation and review of relevant sections of the SEC Forms 10‑K and 10‑Q for compliance with GAAP, including disclosure checklists. Review drafts of the quarterly press release, Forms 10‑K and 10‑Q, and other regulatory reporting and provide feedback as necessary to ensure that all such reporting appropriately reflects Truist’s financial position and results of operations in compliance with GAAP and regulatory requirements.
Respond to relevant comments in annual SEC comment letters, as applicable.Collaborate with…
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