Full-Time

Treasury Accounting Manager

Updated on 5/8/2025

KeyBank

KeyBank

1,001-5,000 employees

Offers banking products and financial services

Compensation Overview

$100k - $125k/yr

+ Short-term Incentive Compensation + Deferred Incentive Compensation

Senior

Brooklyn, OH, USA

The job is remote but candidates may be based in Ohio.

Category
Treasury Accounting
Finance & Banking
Accounting
Requirements
  • 6+ years of public accounting or related work experience
  • Strong knowledge and understanding of generally accepted accounting principles, SEC and Regulatory reporting guidance impacting financial instruments and derivatives
  • Certified Public Accountant
  • Ability to work collaboratively with clients in the lines of business and other support areas, external auditors, external accounting firms, and other team members
  • Strong oral and written communication skills
  • Adaptability to thrive in a dynamic work environment, managing multiple priorities and deadlines
  • Strong leadership and team management skills, with the ability to motivate and guide staff
  • Bachelor’s degree in accounting
Responsibilities
  • Oversee the accounting for Key’s customer and treasury derivatives, foreign exchange derivatives, bank investments and debt portfolios in compliance with relevant accounting and reporting standards.
  • Actively involved in analyzing and reviewing transactions and new business products and strategies proposed or developed by the lines of business or others within Key and independently assesses adherence to applicable accounting and reporting guidance, and internal controls.
  • Consults with external accounting firms in seeking guidance and/or consensus on accounting positions taken with existing or new business products, transactions, and strategies.
  • Proactively involved with clients in assigned area(s) of responsibility (for example, Treasury and Treasury Operations) through internal networking and periodic meetings to ensure timely and prompt identification and resolution of accounting issues.
  • Analyzes proposed FASB, SEC and regulatory accounting guidance and prepares a response, usually documented in a correspondence memo, that details Key’s views for external auditors and various regulators.
  • Independently implements new accounting and disclosure guidance, in conjunction with the lines of business or others within Key who are impacted, to ensure proper compliance with the relevant standards and regulations.
  • Prepares documentation to support accounting research performed and conclusions reached.
  • Participates in recurring accounting policy meetings with Finance and Controllership to provide project or accounting implementation updates associated with assigned area(s) of responsibility.
  • Participates as accounting subject matter expert on technology projects, primarily responsible for testing of both accounting functionality and downstream accounting and reporting data requirements.
  • Manages the month-end GL close process for derivatives, investments and funding, and prepares reports and analysis of financial results as required.
  • Assists in the preparation and review of supporting documentation for inclusion in Key’s Forms 10-K and 10-Q.
  • Assists Key’s external auditor with the treasury and derivative components of the annual audit.
  • Actively leads department optimization efforts and suggests enhancements in processes and procedures to increase efficiency and/or improve customer service.
  • Develops a good understanding of Key’s organization and products.
  • Manages and coaches’ team of staff accountants.
Desired Qualifications
  • Previous accounting research experience
  • Work experience in the financial services industry
  • Master’s degree in accounting, finance or a related area

KeyBank provides a variety of financial services, including personal and business banking, credit cards, mortgages, and loans. The company caters to individual consumers, small businesses, and commercial clients throughout the United States. KeyBank's approach focuses on offering customized financial solutions to address the specific needs of its clients. It earns revenue primarily through interest from loans, fees for banking services, and commissions on financial products. Additionally, KeyBank prioritizes financial wellness by providing tools and resources that help clients manage their finances effectively. The goal of KeyBank is to assist clients in reaching their financial objectives, whether that involves purchasing a home, consolidating debt, or planning for their financial future.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Massachusetts

Founded

1824

Simplify Jobs

Simplify's Take

What believers are saying

  • KeyBank's investment in AI-based software indicates a focus on digital transformation.
  • The strategic investment by Scotiabank strengthens KeyBank's international partnerships.
  • KeyBank's expansion of credit solutions supports growth and liquidity for corporate clients.

What critics are saying

  • Competition from fintech companies could erode KeyBank's market share.
  • Digital-only banks present a challenge to KeyBank's traditional banking model.
  • KeyBank's credit facility expansions increase exposure to credit risk in volatile conditions.

What makes KeyBank unique

  • KeyBank offers a comprehensive suite of financial services across the United States.
  • The company emphasizes financial wellness with tools to help clients manage finances effectively.
  • KeyBank's strategic partnerships enhance its global reach and financial stability.

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Benefits

Medical, dental, & vision

Wellness Programs

Fitness Reimbursement

Alternative Work Schedules

PTO

Parental Leave

401(k) Savings Plan

Discounted Stock Purchase Plan

Tuition Reimbursement

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