Business Unit Controller

Silicon Valley Bank • Tempe, AZ 85280

Posted 1 month ago

Job Description

Business Unit Controller Financial Accounting

Introduction of SVB:

Silicon Valley Bank is a fast-growing bank offers a diverse set of banking, financial products and services to clients across the United States, as well as in key international innovation markets. For more than 35 years, we have been dedicated to helping support entrepreneurs and clients of all sizes and stages throughout their life cycles, primarily in the technology, life science/healthcare, private equity/venture capital and premium wine industries.

Job Description

The applicant will be required to oversee various month end close processes within the Corporate Controllership function. The key responsibilities include the following; manage a team of professionals which will have responsibility for the financial statement close, consolidation process, and preparing and reviewing the consolidated monthly / quarterly financial statements to be presented to the Controller and CAO. This includes preparing and reviewing standalone financial statements for several international legal entities.

  • Responsibilities include understanding the consolidation process for a multi-international legal entity company

  • Responsibilities include meeting all month-end close process timelines which would include but not limited to the following; ensuring all subsystems have closed per the timeline, ensure all month end journal entries have been processed (accurate / complete), perform risk based analytics to review manual journal entries and variance analysis for the income statement and balance sheet

  • Understanding accounting treatment for fixed assets including software capitalization, compensation / benefit accounting, and lease accounting

  • Work in collaboration with FP&A and the team on building an end to end accrual process

  • Review and prepare legal entity financial statements for completeness and accuracy during the close, present the financial statement package for the Controller and CAO

  • Build a balance sheet governance framework that includes oversight of all balance sheet reconciliations and reporting

  • Develop and maintain close calendar, checklist and desktop procedures related to the close process

  • Maintain strong internal controls and responsible for SOX processes and testing as required

  • Participate in special projects related to process improvement, standardizing and streamlining work and automation initiatives

  • Responsible for supporting both internal / external audits

  • Work in a matrix environment with both onshore / offshore resources

Minimum of 8 + years experience in accounting or reporting. Must have completed a full year close cycle within a corporate company

  • Must have management experience

  • Strong internal control experience working in a public company is a plus

  • Must be proficient in Microsoft applications such as Excel, Word and Power Point

  • Must be a team player with strong collaboration skills, good analytical skills, and professional skepticism

  • Great verbal and written communication skills as well as possess the ability to think critically and efficiently

  • Pay consistent and close attention to detail

  • Strong change management skills ability to navigate change in fast paced environment

  • Able to work effectively with other functional teams outside accounting

  • Bachelor degree in Accounting or Finance

  • US GAAP experience

  • CPA or MBA a plus

Primary Location : United States-Arizona-Tempe

Work Locations : Phoenix - Hayden

Hayden Ferry Lakeside I 80 E Rio Salado Parkway, Suite 600

Tempe 85281

#LI - 128887066_LH1


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      Business Unit Controller

      Silicon Valley Bank • Tempe, AZ 85280



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