Controller

Company Overview: The CIT business, currently part of Wilmington Trust's Institutional Client Services ("ICS") division, is an industry-leading provider of third-party trustee and administrative services to asset managers and the employer-sponsored retirement market. The business has delivered consistent year-over-year revenue growth and currently manages approximately $115 billion in CIT assets for more than 550 funds across a family of about 45 subadvisors -- including AllianceBernstein, BlackRock, Franklin Templeton, MetLife, Neuberger Berman, and Raymond James. In December of 2022 Wilmington Trust, a wholly-owned subsidiary of M&T Bank Corporation, announced an agreement with Madison Dearborn Partners, LLC ("MDP"), a leading private equity firm based in Chicago, under which MDP will acquire Wilmington Trust's Collective Investment Trust ("CIT") business. Upon completion of the transaction, the CIT business will become an independent company with a new brand name owned by funds affiliated with MDP. The transaction is expected to close no later than mid-2023. Position Overview: The Controller position will give you the opportunity to take responsibility for the accounting function at a fast-growing financial services company. Responsibilities include planning and directing all accounting operational functions, handling the accumulation and consolidation of financial data for internal and external financial statements, evaluating accounting and internal control system as well as tax planning and filing. The position is for candidates who can effectively manage self within strict time constraints when providing client services, lead while also being a team player, generate innovative ideas, and challenge the status quo. Primary Responsibilities: Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk. Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles. Recommends benchmarks that will be used to measure the company’s performance. Produces the annual budget and forecasts; reports significant budget differences to management. Provides financial analysis, which can include investments, pricing decisions, and contract negotiations. Works with external auditors and provides needed information for the annual audit. Handle cash management and produce cash-flow reports, calculating cash needs at weekly and monthly intervals Files quarterly and annual reports with the relevant governing bodies Ensures compliance with local, state, and federal government requirements including tax planning and filing Performs other related duties as necessary or assigned. Trains and manages financial analysts, directly or indirectly. ability to direct/persuade/influence across division and peers throughout the bank. Education and Experience Required: Bachelor’s degree and a minimum 9 years’ experience in Finance, Business or a related field with 3 years’ managerial experience or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience with 3 years’ managerial experience Strong organization skills, detail oriented and the ability to work effectively under time constraints Strong analytical ability and problem-solving skills, including knowledge and application of GAAP Demonstrated accuracy and timeliness Excellent communication skills, both written and verbal Strong interpersonal skills and maturity to build relationships and interact from a business as well as a technical standpoint. Education and Experience Preferred: Advanced degree in Finance, Accounting, or Business Administration CPA Experience in financial planning and analysis, accounting, strategic planning, within financial services industry Experience with M&A transactions and/or private equity Location , At M&T Bank, we make a difference in people’s lives. For more than 160 years, we’ve been providing our customers with guidance and financial solutions, leading our communities through challenges and growth opportunities, and empowering our employees to build purpose-driven careers. Our talent and culture set us apart. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor. We seek to further build upon our record of success by bringing in diverse talents and fresh skill sets while supporting the growth and development of all team members. At M&T, we are a talent and people driven organization. Take a peek inside M&T’s Human Capital Report to learn how it feels to be one of our 17,000 employees. We are constantly renewing. Our future success relies on our ability to understand what’s important to our customers and use that understanding to build new and innovative customer experiences. We support our employees every step of the way. Competitive compensation Full medical & dental benefits, Heath Savings & Flexible Spending Accounts, and life/disability insurance Generous paid time off (PTO) plus 11 paid holidays and an option to buy additional PTO 401(k) match at 5% with options for Roth and discretionary employer contributions A deep commitment to equity, including 14 resource group charters, a D&I sponsorship program, 40 annual paid volunteer hours and more Various options for tuition assistance, paid parental leave, stock purchase, wellness and employee discounts We need you. Are you ready to join us? Apply today to start the journey. If you are unable to apply through this site due to technical issues or are in need of an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.