Accounting Specialist Senior - Capital Markets Finance

**Position Overview** At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As an Accounting Specialist Senior within PNC's Capital Markets Finance organization, you will be based in Pittsburgh, PA. Position Overview: The Capital Markets Finance - Broker Dealer Accounting group supports a high growth and strategic business for C&IB and PNC. This role participates in the financial close process, supports internal and external reporting, works to improve, and streamline initiatives and partners with other key stakeholders to drive PNC Capital Markets forward. PNCCM is registered as a securities broker and dealer, and we provide support to the business that offers corporate finance, investment banking and advisory services for our clients. You would be joining a team of finance professionals which includes individuals with CPAs and broker dealer licenses. PNCCM underwrites, deals, and trades in corporate securities, state and municipal obligations, and mortgage-backed securities. The Company also trades in U.S. government and agency securities, mortgage-backed securities, asset-backed securities, commercial paper, and money market instruments. In addition, the Company acts as an agent for affiliates of PNC and others in certain securities transactions and provides corporate finance services, including arranging loan syndications for PNC customers. Responsibilities include but are not limited to: - Support the group's scope of responsibilities including regulatory reporting, SEC reporting, corporate accounting, and funding and treasury management related requirements for the Capital Market's broker dealer business. - Support the organization's daily, monthly, quarterly, and year-end accounting activities, including preparing journal entries, reconciliations, and FINRA regulatory reporting (FOCUS filings). - Assist with daily regulatory capital monitoring and treasury management functions for the broker dealer business. Support daily funding requirements for the broker dealer business and work closely with ALM funding to communicate funding requirements based on business activities. - Create and evaluate reports on financial performance (e.g., monthly variance analysis, quarterly Board statements, daily funding reports) for internal use. - Interact with various levels of the organization in determining content and summarizing data for management. Key stakeholders include Bank Accounting, LOB Finance, Risk, Operations, Compliance and Legal. - Participate in the annual year-end audit with our external auditors - preparing and reviewing financial statements and footnotes for the Annual Audited Report in accordance with US GAAP. - Provide additional support with ad hoc research to support business activities and accounting matters and various automation and process improvement projects. - Work as a liaison with second line of defense groups in providing support over control analysis. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. **Job Description** + Provides accounting, reporting and analytical expertise in support of a business function or business unit. + Provides specialized accounting, financial reporting, accounting research and control oversight for the company. + Creates accounting memoranda and various specialized reports for internal and external use. + Completes month-end, quarter-end and year-end closing activities related to foreign exchange, cash management and tax, and subsidiary regulatory reporting, including preparing the appropriate audit work papers for such activities. + Supports and assists accounting staff in the development of their professional skills. PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: + **Customer Focused** - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. + **Managing Risk** - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework. **Qualifications** Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position. **Preferred Skills** Balance Sheets, Decision Making, Finance, Financial Reporting and Analysis, Generally Accepted Accounting Principles (GAAP), Management Reporting, Tax Analysis **Competencies** Accounting, Accuracy and Attention to Detail, Effective Communications, Financial Analysis, Financial And Accounting Systems, Financial Reporting, Generally Accepted Accounting Principles (GAAP), Internal Controls, Sarbanes-Oxley Compliance **Work Experience** Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. **Education** Bachelors **Certifications** No Required Certification(s) **Licenses** No Required License(s) **Benefits** PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives. In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service. To learn more about these and other programs, including benefits for full time and part-time employees, visit Your PNC Total Rewards ( . **Disability Accommodations Statement** If an accommodation is required to participate in the application process, please contact us via email at [email protected] . Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions. **Equal Employment Opportunity (EEO)** PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history. **California Residents** Refer to the California Consumer Privacy Act Privacy Notice ( to gain understanding of how PNC may use or disclose your personal information in our hiring practices.