AVP Controllership - Regulatory Reporting (L10)

Job Description:

Role Title: AVP Controllership - Regulatory Reporting (L10)

Company Overview:  

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.

• Synchrony celebrates ~51% women diversity, 105+ people with disabilities, and ~50 veterans and veteran family members.

• We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.

• We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles

Organizational Overview:
Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers general accounting, client accounting, reconciliations, closing & reporting, system maintenance, governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.

Role Summary/Purpose:

The AVP Controllership - Regulatory Reporting will support the Regulatory Reporting team in preparing certain Fed & OCC reporting in accordance with US GAAP and instructions including but not limited to schedules within FR2900, FRY-9C, FFIEC031, FRY-9LP, FRY-11, FFIEC009, FR Y-14Q & FR Y-15.

Essential Responsibilities:

• Support the preparation of daily/weekly/quarterly/annual regulatory reporting schedules, as required.

• Assist Regulatory Reporting team projects through managing accountability, responsibility, dashboard reporting, & tracking.

• Maintain appropriate job-aids, procedures and policies, as required.

• Support Quality Assurance, Internal audit and regulator inquiries and requests.

• Assist in Systems implementation and automation efforts Participate in process improvement projects and initiatives

• Perform other duties and/or special projects as assigned from time to time

Qualifications/Requirements:

• Bachelor’s degree in Accounting or Finance and minimum 4 years accounting experience in Banking or Financial Services industry, or in lieu of a degree minimum 6 years of experience in the Banking or Financial Services industry

• Hands on Regulatory Reporting experience

• Strong US GAAP and Technical Accounting knowledge

• Proficient use of financial systems (HFM, Hyperion databases & Oracle Financials Data Warehouse (OFDW)) and Microsoft Office (Excel)

Desired Characteristics:

• Experience with Axiom ControllerView

• Previous experience in the Financial Services Industry

• Proficient use of Microsoft Office products, and systems and other analytical tools including Hyperion database, Oracle discoverer and Business Objects

• Strong communication, research, analytical and problem-solving skills

• Excellent organizational and follow-up skills

• Demonstrated leadership abilities in a team oriented environment

• Ability to lead multiple projects/priorities and drive each to completion

Eligibility Criteria

Bachelor’s degree in Accounting or Finance and minimum 4 years accounting experience in Banking or Financial Services industry, or in lieu of a degree minimum 6 years of experience in the Banking or Financial Services industry

Work Timings: 4pm to 1am IST

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying

• Inform your manager and HRM before applying for any role on Workday

• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

• Must not be any corrective action plan (First Formal/Final Formal, LPP)

• L8+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible

• L08+ Employees can apply

Grade/Level:10

Job Family Group:

Finance

Experience Level

Executive Level