Manager, Credit Accounting

Discover Financial
Richmond, Virginia, Wilmington
Workplace: OnsiteFull timeUSD 138,100 - 157,700 annuallyFunction: Finance & AccountingExperience: 5+ yearsEducation: bachelorsSkills: ["Strong analytical skills","Problem solving","Organizational skills","Communication (written and verbal)","Business judgment","Stakeholder management","Leadership"]

Lead credit accounting reporting and analysis for the Allowance for Credit Losses (ACL) within the Controllers Accounting Department. Own internal and external disclosure processes, oversee ACL backtesting, and serve as a subject-matter expert on ACL metrics. Partner with finance, risk, and line-of-business accounting to communicate quarterly results to stakeholders, drive team agenda and analytics, and support compliance needs for management, internal audit, and external audit.

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FursaFursa
Discover Financial
Discover Financial
3 days ago

Manager, Credit Accounting

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Last checked: 14 hours agoStatus: Live

Job Summary

Lead credit accounting reporting and analysis for the Allowance for Credit Losses (ACL) within the Controllers Accounting Department. Own internal and external disclosure processes, oversee ACL backtesting, and serve as a subject-matter expert on ACL metrics. Partner with finance, risk, and line-of-business accounting to communicate quarterly results to stakeholders, drive team agenda and analytics, and support compliance needs for management, internal audit, and external audit.
Location: Richmond, Virginia, Wilmington
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Manager level

Key Responsibilities

  • •Manage ACL disclosure processes to ensure consistent, accurate internal management reporting and external SEC and regulatory reporting.
  • •Oversee ACL backtesting activities and support quarterly ACL governance with senior leadership.
  • •Serve as a subject matter expert on ACL and related metrics.
  • •Communicate ACL results to stakeholders quarterly; create and present clear, concise ACL analytics for executive leadership.
  • •Set the reporting team agenda, lead projects, review journal entries and reconciliations, and manage team performance and compliance support for audit activities.

Pay and Benefits

Salary: USD 138,100 - 157,700 annually

Key Requirements

  • •Bachelor’s degree or military experience.
  • •At least 5 years of experience in accounting, external financial reporting, audit, or finance (or combination).
  • •Certified Public Accountant (CPA) license.
  • •2 years of experience in banking or financial services (or combination).
  • •1 year of people management experience.
Experience:5+ yearsBankingFinancial servicesExternal financial reportingAuditFinance
Education:Bachelor's
Skills:Strong analytical skillsProblem solvingOrganizational skillsCommunication (written and verbal)Business judgmentStakeholder managementLeadership
Certifications:Certified Public Accountant (CPA)
Tech Stack:PeopleSoftSAPOracle FinancialsOnestreamTableauGoogle Data Studio

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn