Assistant Controller

The Assistant Controller will support the Controller in managing the accounting operations of the Bank, owning the monthly closing process, ensuring the integrity of financial reporting, compliance with regulatory requirements (SEC, SOX, FDIC), and the efficient operation of internal controls. This key leadership role includes direct reports, visibility with senior management, and the opportunity to influence financial strategy, reporting, and operational efficiency at a growing institution.

Responsibilities

• Oversee the monthly close process, including journal entries, account reconciliations, and variance analyses.
• Support SOX compliance efforts, including documentation, testing, and remediation of internal controls.
• Manage regulatory reporting, including FFIEC Call Reports, FR Y‑9, and other Federal Reserve and FDIC filings.
• Coordinate with external auditors and examiners during audits and regulatory reviews.
• Prepare and/or review monthly general ledger transactions.
• Initiate/verify wire transfers for internal bank wires.
• Prepare and file tax‑related documents on behalf of the Bank.
• Supervise and mentor Accounting/Finance staff, fostering a culture of accuracy, accountability, and continuous improvement.
• Collaborate across departments to support the Bank.
• Implement and maintain accounting systems, policies, and procedures to ensure efficiency and compliance.
• Monitor emerging accounting standards and regulatory updates relevant to banking institutions and public companies.
• Review Accounts Payable for accuracy.
• Maintain workflow software for completion of closing tasks and reconciliations.
• Conduct access review of software for direct reports.
• Perform additional duties as requested, needed, or assigned.

Requirements

• Strong knowledge of U.S. GAAP, bank regulatory reporting, and internal control frameworks (COSO).
• Experience working with publicly‑traded companies, ideally in a community banking environment.
• Proficiency in financial systems (e.g., Prologue, FloQast, Sharepoint); advanced Excel skills required.
• Strong leadership, analytical, and communication skills.
• Ability to manage multiple priorities and meet strict deadlines.
• Identify and resolve problems in a timely manner.
• Gather and analyze information skillfully.
• Collaborative approach to work and focus on continuous improvement.
• Develop strategies to achieve organizational goals.
• Develop realistic action plans.
• Multi‑tasker that is deadline oriented.
• Drive to further develop and push to the next level.
• Ability to adhere to Needham Bank’s Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing).

Qualifications

• Minimum 5–7 years of experience in public accounting, banking, or a publicly traded company.
• General business and financial knowledge.
• Extensive knowledge of accounting principles.
• Proficient computer skills; strong command of Microsoft Office.
• Bachelor’s degree in Accounting, Finance, or Business.
• CPA preferred.

Benefits

• Competitive salary.
• Fully paid medical and dental insurance.
• Health Reimbursement Arrangement (HRA).
• 401(k) plan with an 8% bank match.
• Paid time off (PTO) and paid holidays.
• Bonus program.
• Flexible spending accounts.
• Vision service plan.
• Group term life insurance.
• Short‑ and long‑term disability insurance.
• Tuition reimbursement.
• Employee Assistance Program.
• Benefit package also available to eligible part‑time employees.