Associate Manager, Accounting - New York - I.N.G. Group, LLC

    I.N.G. Group, LLC
    I.N.G. Group, LLC New York

    1 day ago

    $110,000 - $140,000 (USD) per year
    Description
    Finance | Accounting and Regulatory Policies | Accounting & Regulatory Policies Associate Manager | New York
    About ING:
    In the Americas, ING's Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.
    When you come to work at ING, you're joining a team where individuality isn't just accepted, it's encouraged. We've built a culture that's fun, friendly and supportive - it's the kind of place where you can be yourself and make the most of whatever you have to offer.
    We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We're here to help you get ahead. And with our global network, there's plenty of scope to take your career in new directions, perhaps even ones you've never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
    Sound like the kind of place you'd feel at home? We'd love to hear from you.
    About the position:
    ING Americas is seeking an experienced Associate Manager, Technical Accounting and Regulatory Policies to join the team. In this role you will support the Head of Accounting and Regulatory Policies in setting up US GAAP policies and delivering guidance on US GAAP and IFRS accounting standards. You will also drive the development of the firm's regulatory policies required by the Federal Reserve for U.S. branches of foreign banks in addition to regulatory policies for broker-dealers. Using your analytical mindset and independent thinking, you will be responsible for providing subject matter expertise in determining the appropriate accounting and regulatory treatment for new or complex transactions and products. This position requires cross-functional work with various internal stakeholders (e.g. finance, legal, operations, risk management, business lines) and external stakeholders (e.g. external auditors, regulators). In addition, you will be involved in ING's global initiatives. The ideal candidate is comfortable operating in a dynamic, complex, and transforming environment. This position requires a hybrid work schedule.
    About the department:
    This position is part of the Accounting and Regulatory Policies team within the Finance function of ING Americas. The purpose of the team is to guide the organization in the application of accounting standards and regulatory requirements.
    Responsibilities :
    • Analyze complex accounting issues and prepare technical accounting memos documenting analysis and conclusions under US GAAP and IFRS
    • Support the development, update, and maintenance of the firm's US GAAP accounting and regulatory policies
    • Coordinate implementation of new accounting and regulatory standards
    • Collaborate with cross-functional teams (e.g. legal, finance, tax, business units) to assess the accounting and regulatory impact of new business initiatives and transactions
    • Deliver training sessions to colleagues on accounting and regulatory requirements
    • Assist in executing SOX controls related to technical accounting and regulatory matters
    • Act as a subject matter expert, providing technical guidance in local and global initiatives
    • Monitor emerging accounting standards and evaluate their impact on the Organization
    • Engage with peer industry groups to stay informed on best practices and developments
    Qualifications and Competencies
    • 5+ years of relevant experience; 3+ years in public accounting or relevant industry experience
    • Bachelor's degree in accounting and CPA license preferred
    • U.S. branch and broker-dealer industry experience and knowledge of related accounting and regulatory topics
    • Strong understanding of US GAAP and IFRS
    • Knowledge of regulatory reporting requirements for US branches and Broker Dealers. Swap Dealer reporting experience is a plus
    • Excellent analytical, written, verbal and presentation skills, with the ability to clearly and concisely summarize complex issues
    • Ability to work independently, escalate issues when necessary, and collaborate effectively within a team environment
    • Proactive mindset with strong organizational skills and the ability to manage multiple priorities efficiently
    Salary Range $110,000-140,000
    In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.
    ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

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