Position Description: Controller
Reports To: Chief Financial Officer
Location: open to remote. Encinitas, CA; Riverside locations.
Salary: 120k- 155k + Bonus. DOE (some flex on base may be possible)
Overview:
The Controller position is responsible for the accounting operations of the Bank, including:
- ownership of an appropriate system of accounting records
- production of periodic financial reports compliant with generally accepted accounting principles (GAAP)
- performance of controls designed to mitigate risk
- compliance with state and federal banking regulations
- coordinating with internal and external auditors during audits
- supervision and development of accounting
Financial Accounting/Financial Reporting
- Ensure the accurate and timely preparation and review of financial statements and Board reports in accordance with GAAP; includes review of underlying support for completeness and accuracy
- Prepare the regulatory call reports and FRY reports, and maintain regulatory capital ratios
- Ensure all balance sheet accounts have been reconciled and proper documentation is maintained; follow-up on any outstanding suspense items
- Oversee daily operations of the accounting department including but not limited to the preparation or review of general ledger entries for cash management, investment securities, CECL, lease accounting, payroll, fixed-asset depreciation, prepaid and accrued expenses, Bancorp consolidation, and equity transactions
- Lead the monthly financial close including timely recording of journal entries, reconciliations, and preparation of financial statements
- Maintain cash management of borrowings, pledging, and collateral, including federal reserve and FHLB accounts
- Work with outsourced tax preparers on the tax provision and return
- Comply with local, state, and federal government reporting requirements for 1099 and other tax filings
- Author technical memos on new transactions and stay abreast of new accounting pronouncements and regulatory accounting changes
- Maintain a documented system of accounting policies and procedures including appropriate internal controls over financial reporting
- Coordinate with external audit and ensure delivery of audit requests
- Collaborate with other members of the finance department to complete the annual budget process and monthly updates
- Work with other departments to improve efficiency and standardize processes to enhance functions in the accounting department
Supervisor Responsibilities
- Provide adequate oversight of direct reports to ensure their success in accomplishing their objectives and goals
- Assist in the development, training, and education of direct reports
- Critically review journal entries and transactions
- Responsible for managing the accounting staff’s completion of monthly and quarterly close activities through effective delegation, monitoring and review
Qualifications:
- Bachelor’s degree in accounting or finance
- Minimum of 6 years of relevant work experience, including community bank and public accounting experience
- Minimum of 3 years of supervisory experience including developing junior staff and managing staff workload