POSITION SUMMARY:

As a key member of the management team of a leading Bank, the Vice President, Controller will oversee and direct all accounting and financial reporting functions for a growing institution with approximately $600 million in assets, operating across three states with a significant online presence. This strategic role demands a seasoned executive with a deep understanding of banking regulations, GAAP, financial institution best practices, and expert-level proficiency in utilizing advanced Excel and Vena for complex financial analysis and reporting. The VP, Controller will be responsible for the integrity of the bank’s financial information, ensuring accurate and timely regulatory filings, insightful financial planning and analysis (leveraging tools such as Vena Financial Planning and Analysis software), and the maintenance of robust internal controls. This individual will lead the accounting team and partner closely with the CFO and other senior leaders on strategic initiatives, including treasury, credit, strategic planning, budgeting, and investment activities, to safeguard the bank’s financial health and ensure sound operations.

ESSENTIAL JOB FUNCTIONS:

Financial Reporting & Compliance:

• Direct and oversee the accurate and timely preparation of all monthly, quarterly, and annual financial statements in accordance with GAAP and regulatory requirements.
• Manage the preparation and filing of all regulatory reports, including but not limited to FDIC, and state-specific filings, ensuring compliance with all deadlines.
• Stay abreast of evolving accounting standards and banking regulations, implementing necessary changes to policies and procedures.
• Support internal and external audits, contributing to a smooth and efficient process.

Accounting Operations:

• Oversee daily accounting operations, including bank reconciliations, Fedline Advantage management, accounts payable, and general ledger maintenance.
• Develop, implement, and maintain sound accounting policies, procedures, and internal controls to protect the bank’s assets and ensure data integrity.
• Manage and mentor the accounting team, fostering a collaborative and high-performing team environment.

Financial Planning & Analysis:

• Lead the development and execution of the annual budget and forecasting processes, working closely with department heads, utilizing Vena Financial Planning and Analysis software extensively.
• Provide insightful financial analysis, including variance analysis, trend identification, and performance reporting to senior management, leveraging advanced Excel modeling and database queries.
• Support strategic planning initiatives by providing sophisticated financial modeling, projections, and analysis.
• Support the management of the bank’s cash position and liquidity, contributing to efficient funds management.

Treasury & Investments:

• Collaborate with the CFO on treasury functions, including cash management, investment portfolio monitoring, and interest rate risk management.
• Provide financial analysis and support for investment decisions, utilizing advanced Excel and database tools for scenario analysis.

Cross-Functional Collaboration:

• Partner effectively with other departments, including lending, operations, and compliance, to ensure financial accuracy and support business objectives.
• Provide financial expertise and support to various bank initiatives and projects.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in Accounting or Finance required; CPA and/or MBA strongly preferred.
• Minimum of 10 years of progressive experience in bank accounting and financial reporting, with at least 5 years in a management role overseeing accounting staff.
• Thorough understanding of GAAP, banking regulations, and financial institution accounting practices.
• Proven ability to develop and implement accounting policies, procedures, and internal controls.
• Exceptional analytical, problem-solving, and decision-making skills with a strong attention to detail and accuracy.
• Excellent oral and written communication skills, including the ability to present financial information clearly and concisely to both financial and non-financial audiences.
• Strong collaboration and interpersonal skills with the ability to build effective working relationships across all levels of the organization.
• Demonstrated expert-level proficiency in Microsoft Excel, including advanced formulas, pivot tables, data modeling, and automation (e.g., VBA).
• Significant experience with database management tools (e.g., SQL, Access) for data extraction, manipulation, and reporting.
• Hands-on experience with Vena Financial Planning and Analysis software is highly preferred.
• Knowledge of investments, interest rate risk management, and funds management principles.
• Demonstrated ability to manage multiple priorities, meet strict deadlines, and work effectively under pressure.
• Strong project management skills with the ability to lead and execute financial initiatives.