M&T Bank Corporation

Financial Analysis Consultant - Controller Accounting Policy & Projects

M&T Bank Corporation$107K — $179K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 9 years of experience in accounting, auditing, operations, or financial institutions, or 13 years of combined education and experience with 9 years in those fields
  • Strong understanding of GAAP and financial reporting guidance specific to the banking industry
  • Detail-oriented with advanced problem-solving skills
  • Excellent verbal and written communication skills
  • Preferred: Advanced degree or professional certification (CPA, CFA)

Responsibilities

  • Stay updated on regulatory requirements and industry practices, advising leadership on risks
  • Lead accounting projects related to HR and Benefits, influencing and mentoring teams
  • Document technical accounting analyses for complex employee-related transactions
  • Serve as a strategic partner for HR and Finance, ensuring accurate financial insight for benefit programs
  • Design and enhance internal controls to mitigate risks and improve processes
  • Oversee general ledger entries and ensure adherence to GAAP and regulatory standards
  • Coordinate month-end, quarter-end, and year-end close processes for HR/Benefits accounting

Benefits

  • Opportunity for professional growth and development
  • Possibility for involvement in high-visibility projects
  • Leadership in complex accounting initiatives
  • Collaborative environment across multiple departments
  • Mentorship opportunities with senior leaders
Full Job Description
Overview:

The HR Finance Consultant serves as a senior subject matter expert within the Controllers Department providing deep insight, independent challenge, and leadership over HR-related accounting matters. This role reports to the HR Senior Finance Manager. This role is responsible for leading complex HR-related accounting initiatives, partnering with the HR Department and other Finance disciplines, and coordinating and reviewing work across the department to support high-quality, timely deliverables. The successful candidate brings a comprehensive understanding of accounting matters involving pension/OPEB, payroll, bonus/incentive, stock compensation and SOX, and applies this expertise to assist with financial and accounting processes, compliance and planning activities, and ensure appropriate internal controls are maintained. Provide financial updates and reporting to senior management and serve as a subject matter expert on HR/Benefits accounting treatments. This position operates with a high degree of independence and visibility while partnering closely with senior Controllers Department leaders, other Finance Division leaders, legal, third-party actuaries and HR executives.

Primary Responsibilities:

  • Stay current on evolving accounting/regulatory requirements, industry practices, and emerging risks impacting HR and benefits; proactively advise Controllers Department leadership on risk and business activities.
  • Lead HR/Benefits-related accounting projects/programs including payroll accruals, pension and post-retirement benefits, health and welfare plans, incentive compensation programs and other employee-related financial activities. Effectively influence and collaborate across HR, Finance and operational teams, and provide coaching/mentoring and technical review support to staff.
  • Lead and document technical accounting analysis for complex employee-related transactions including benefit plan modifications, stock compensation, deferred compensation and changes in employee programs.
  • Serve as a strategic partner to HR, Employee Benefits, Payroll and FP&A, ensuring accurate forecasting, budgeting and financial insight for compensation and benefit programs.
  • Leads HR accounting special initiatives such as benefit plan redesign, actuarial data coordination and acquisition-related integration.
  • Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.  Identify risk-related issues needing escalation to management. Continuously seek opportunities to enhance the internal control environment; automate and improve processes; maintain and update procedures and documentation.
  • Other functions include, general ledger entry oversight, reconciliation review, adherence to GAAP, SEC disclosure requirements, and bank regulatory requirements. 
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. 
  • Own and coordinate the month-end, quarter-end and year-end close process for assigned HR/Benefits accounting areas, preparing journal entries, supporting schedules, and ensuring timely completion. In performing these, interact with business line personnel and communicate results to senior management.
  • Promote an environment that supports belonging 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.
  • Participate in the development and implementation of Finance department goals, contributing to strategic decisions with an in-depth knowledge of multiple divisions as well as industry/competitor strategies.
  • Complete other related duties as assigned.

Supervisory/ Managerial Responsibilities:

No direct reports. This role may provide coaching, mentoring, and technical review support to other staff members and may lead workstreams by coordinating deliverables across teams.

Education and Experience Required:

Bachelor's degree and a minimum 9 years’ accounting, auditing, operations, and/or financial institutions experience, or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience, including a minimum of 9 years’ accounting, auditing, operations, and/or financial institutions experience

Experience providing financial accounting and reporting analysis in support of monthly, quarterly, and annual internal and external reporting

Strong understanding of GAAP and financial and regulatory reporting guidance applicable to the banking industry

Detail-oriented

Advanced problem-solving skills

Advanced verbal and written communication skills

Education and Experience Preferred:

Advanced degree

Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or other pertinent professional certification      

Broad and comprehensive understanding of theories and practices in finance and accounting within the banking industry

In-depth knowledge of the banking industry

Experience in financial and regulatory reporting, accounting, and/or financial planning and analysis within financial services

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location
Buffalo, New York, United States of America

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ

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