Assistant Controller

Key Responsibilities

• Lead and manage the monthly, quarterly, and annual financial close processes, ensuring accuracy, completeness, and timeliness.
• Manage day-to-day accounting operations, including general ledger, accounts payable, fixed assets, accruals, prepaids, and reconciliations.
• Review and approve journal entries, account reconciliations, and financial analyses prepared by the accounting team.
• Support the preparation and review of financial disclosures, in conjunction with other team members, for the parent company (SEC) regulatory filings, board materials, and internal management reporting.
• Oversee the activities of the disbursement department, ensuring the accurate and timely processing of accounts payable, core employee expense reports, and cash movement and control.
• Assistance and participation in the preparation of the budget and financial forecasts and reporting on and understanding variances.
• Oversee accounting for loans, deposits, allowances for credit losses (CECL), investments, derivatives, equity method investments, and fair value measurements.
• Serve as a technical resource on accounting matters and work with the others in the department as well as the parent company, as needed, assist with the evaluation and documentation of accounting conclusions for new products, transactions, and accounting standard changes (ASC updates).
• Maintain a strong internal controls in compliance with SOX, FDICIA, and other regulatory requirements.
• Partner with Internal Audit and Risk Management to remediate control deficiencies and support audits.
• Support management’s assessment of internal control over financial reporting (ICFR).

Banking-Specific Accounting & Technical Oversight

• Oversee accounting for loans, deposits, allowances for credit losses (CECL), investments, derivatives, equity method investments, and fair value measurements.
• Work with the others in the department as well as the parent company, as needed, assist with the evaluation and documentation of accounting conclusions for new products, transactions, and accounting standard changes (ASC updates).
• Monitor emerging accounting guidance and assess impacts on the bank’s financial information, general ledger and internal controls.

Internal Controls & SOX Governance

• Maintain a strong internal controls in compliance with SOX, FDICIA, and other regulatory requirements.
• Partner with Internal Audit and Risk Management to remediate control deficiencies and support audits.
• Support management’s assessment of internal control over financial reporting (ICFR).

Team Leadership & Development

• Manage, mentor, and develop team members.
• Establish clear performance expectations, promote accountability, and support professional growth.
• Drive improvements in accounting processes, documentation, and standard operating procedures.
• Foster a culture of continuous improvement, compliance, and collaboration.

Systems, Data & Process Improvement

• From time to time, partner with IT and Finance leadership on system implementations, upgrades, and automation initiatives.
• Identify opportunities to streamline processes, improve data integrity, and enhance reporting efficiency.

Strategic & Cross-Functional Collaboration

• Provide variance analysis and financial insights for senior leadership.
• Aid Finance leadership with board presentations, strategic initiatives, and ad hoc analyses.

Qualifications

• Education & Certifications: Bachelor’s degree in Accounting, Finance, or related field (required); CPA certification strongly preferred; MBA or Master’s in Accounting a plus, but not required.
• Experience: 6 to 10 years of progressive accounting experience, including leadership roles; Prior experience within banking or financial services required.
• Skills & Competencies: Expert knowledge of U.S. GAAP and bank-specific accounting standards; Strong analytical, problem-solving, and technical accounting skills; Proven leadership and people management capabilities; Ability to manage multiple priorities in a deadline-driven environment; Excellent written and verbal communication skills; High attention to detail with a strong commitment to accuracy and integrity; Be flexible in changing work environment.