Full Job Description
The Assistant Controller supports the Vice President Bank Controller in overseeing the accounting and financial reporting functions of the bank. This position is responsible for ensuring the accuracy of financial records, assisting with regulatory reporting, maintaining internal controls, coordinating audit activities, and supporting financial analysis and operational efficiency. The Assistant Controller works closely with various departments to ensure compliance with accounting standards and banking regulations while contributing to the organization's financial strength and strategic objectives.
Duties and Responsibilities:
• Assist with financial statement preparation, month-end and year-end close processes, account reconciliations, journal entries, and regulatory reporting.
• Support Call Report preparation, fixed asset accounting, and reporting of key financial metrics, including NIM, capital, and liquidity.
• Assist with internal controls, audits, examinations, and compliance with GAAP, banking regulations, and internal policies.
• Prepare and analyze financial, operational, and Business Analytics reports to support management decision-making.
• Provide support to the annual budgeting process.
• Analyze and monitor daily cash management with federal reserve and FHLB advance positions.
• Serve on Asset Liability Committee (ALCO) and assist with preparation of meeting agendas and materials.
• Coordinate with auditors, regulators, vendors, and internal stakeholders while maintaining supporting schedules, workpapers, and documentation.
• Research accounting and regulatory changes, assist with process improvements, and support the development of accounting procedures.
• Provide backup support for accounting functions, assist with staff training, and participate in committee meetings as requested.
• Perform all other duties as assigned.
Requirements
• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• CPA designation or progress toward obtaining CPA preferred.
• Minimum of 3-5 years of accounting or financial reporting experience, preferably in a banking or financial services environment.
• Public accounting experience is a plus.
• Experience with general ledger management, account reconciliations, and financial statement preparation.
• Knowledge of banking regulations, regulatory reporting, and GAAP.
Required Skills
• Strong knowledge of accounting principles, financial reporting, banking operations, and regulatory compliance.
• Excellent analytical, problem-solving, and organizational skills with the ability to manage multiple priorities and deadlines.
• Advanced proficiency in Microsoft Excel, Microsoft Office, and accounting/reporting software.
• Strong attention to detail, accuracy, and confidentiality.
• Effective written, verbal, and interpersonal communication skills with the ability to collaborate across departments.
• Ability to identify and implement process improvements and operational efficiencies.