Controller

Job description

Seeking a highly motivated, detail oriented individual to work in the Accounting department of the New York office of a multinational financial services group based out of Spain.

Summary of Responsibilities:

The Controller manages the accounting and regulatory functions. These functions include establishing and maintaining accounting principles, practices, and procedures, preparing financial reports and reviewing regulatory reports.

List Major/Essential Job Duties:

To ensure that accounting functions are monitored, controlled and operating efficiently, through the following responsibilities:

• Responsible for maintaining all Finance related Manuals, including the Finance Manuals and Chart of Accounts.
• Ensures that the month-end and year-end closings are efficiently organized, and that financial data is accurate for the reporting period.
• Ensure compliance with all regulatory reporting requirements.
• Analyze and investigate significant variances on the Balance Sheet and Profit and Loss.
• Cost Control through review of expense reporting and invoice processing.
• Compile information required for tax returns.
• Ensures protection and maintenance of Fixed Assets.
• Interacts with all departments for any technical issues that may have an impact on books (new FASB pronouncements, GAAP, IFRS and Bank of Spain accounting requirements).
• Interact with banking regulators (FRB, DFS, etc), internal and external auditors.
• Review and sign-off on monthly reconciliations to ensure accuracy and timeliness.
• Support the FP&A team as needed during the annual budgeting process.

Level of Complexity and Risk Involved:

The level of complexity and risk involved are high for this position.

Skills, knowledge, abilities/Competencies

To perform the minimum requirements of this position, the Controller must:

• Have 15 years of experience in accounting roles
• CPA highly preferred
• Possess a Bachelor’s or Master's degree in accounting
• Possess knowledge of accounting principles (US GAAP and IFRS), standard concepts, practices and procedures and have the ability to understand and solve complex accounting issues
• Must have experience in the banking industry; knowledge of financial reporting in foreign banks is an important plus
• Have the ability to lead and supervise the staff in the department
• Be highly proficient in Excel and learn how to use all Bank systems that impact the accounting function (Knowledgeable of the Accounting Information Systems MIDAS preferably)
• Be well organized and detailed oriented

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

With respect to this position in our New York Office, the expected base salary ranges from $150,000 to $190,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions