Raymond James Financial, Inc

Assistant Controller

Raymond James Financial, Inc • $90K — $120K *
Pittsburgh, PA 15237In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • CPA certification strongly preferred
  • 6 to 10 years of progressive accounting experience, including leadership roles
  • Prior experience in banking or financial services required
  • Expert knowledge of U.S. GAAP and bank-specific accounting standards

Responsibilities

  • Lead and manage monthly, quarterly, and annual financial close processes
  • Manage day-to-day accounting operations, including general ledger and accounts payable
  • Review and approve journal entries and account reconciliations
  • Support preparation of financial disclosures for regulatory filings and board materials
  • Oversee loan accounting and investment reporting
  • Maintain strong internal controls in compliance with SOX and FDICIA

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and critical illness insurance
  • Disability benefits
  • Retirement savings plan
  • Paid time off including vacation, holidays, and sick leave
  • Parental leave
Full Job Description

Job Description Summary

Lead the process of setting business targets and monitoring business performance, advise on the financial consequences of major decisions, lead the process of reporting financial and managerial data, and make recommendations targeted at improving and safeguarding financial results.

Job Description


PositionSummary:

The Assistant Controller plays a critical leadership role within the Finance organization, supporting the Controller in overseeing the bank’s accounting operations, and control environment and to a lesser degree financial reporting and regulatory compliance. This role is responsible for ensuring accurate, timely, and GAAP-compliant financial statements while managing accounting areas specific to the banking industry, including loan accounting, allowance for credit losses, derivatives, investment securities, and reporting results to the parent company.

On occasion, this role may include taking on certain responsibilities within the reporting team and work on certain deliverables related to regulatory filings, deliverables for the parent company and segments of the annual financial statements.

The Assistant Controller will also provide leadership and guidance to accounting team members and assist with process improvements to strengthen efficiency and effectiveness across the accounting functions.

Key Responsibilities:

Financial Close Process & Accounting Operations
  • 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.

Banking-Specific Accounting & Technical Oversight
  • 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)
  • 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
  • Ensure proper design, documentation, testing, and remedy of accounting and financial reporting controls
  • With others, 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
  • Identifyopportunities to streamline processes, improve data integrity, and enhance reporting efficiency

Strategic & Cross-Functional Collaboration
  • Provide variance analysis and financial insights for senior leadership
  • Assist 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
  • Strong background in GAAP, bank systems, regulatory and external reporting, and internal controls for financial institutions
  • Experience working with external auditors and regulatory examiners

Skills & Competencies
  • Expert knowledge of U.S. GAAP and bank-specific accounting standards
  • Stronganalytical, problem-solving, and technical accounting skills
  • Proven leadership and people management capabilities
  • Ability to manage multiple priorities in a deadline-driven environment; work independently.
  • Excellent written and verbal communication skills
  • High attention to detail with a strong commitment to accuracy and integrity; be flexible in changing work environment

Education

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance

Work Experience

General Experience - 6 to 10 years

Certifications

Other Certification Not Listed - Other, Other License Not Listed - Other

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

 

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Finance & Insurance
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ
RJF
* Ladders Estimates

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