Assistant Controller: Banking Financial Reporting & Compliance

Needham Bank; Portsmouth (NH); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical and dental insurance

401(k) with 8% match

PTO and holidays

Bonus program

Vision plan

Job summary

Needham Bank is seeking an Assistant Controller to support the Controller in managing the Bank's accounting operations, owning the monthly closing process, and ensuring the integrity of financial reporting. This leadership role will involve direct reports and visibility with senior management to influence financial strategy and operational efficiency.

You will oversee the monthly close, support SOX compliance, and manage regulatory reporting, audits, and tax-related filings, while mentoring

Qualifications

• Strong knowledge of US GAAP, bank regulatory reporting and internal control frameworks (COSO).
• Experience with publicly-traded companies, ideally in a community banking environment.
• Experience with financial systems and Microsoft Office.

Responsibilities

• Oversee the monthly close process, including journal entries, account reconciliations, and variance analyses.
• Support SOX compliance efforts, including documentation, testing, and remediation of internal controls.
• Manage regulatory reporting, including FFIEC Call Reports, FR Y-9, and other Federal Reserve and FDIC filings.
• Coordinate with external auditors and examiners during audits and regulatory reviews.
• Prepare and/or review monthly general ledger transactions.
• Initiate/Verify Wire Transfers for internal bank wires.
• Prepare and file tax-related documents on behalf of the Bank.
• Supervise and mentor Accounting/Finance staff, fostering a culture of accuracy, accountability, and continuous improvement.
• Collaborate across departments to support the Bank.
• Implement and maintain accounting systems, policies, and procedures to ensure efficiency and compliance.
• Monitor emerging accounting standards and regulatory updates relevant to banking institutions and public companies.
• Review Accounts Payable for accuracy.
• Maintain workflow software for completion of closing tasks and reconciliations.
• Conduct access review of software for direct reports
• Perform additional duties as requested, needed or assigned

Skills

US GAAP

Bank regulatory reporting

COSO

Leadership

Excel

Prologue

FloQast

Sharepoint

Education

Bachelor’s degree in Accounting, Finance or Business

CPA preferred

Tools

Prologue

FloQast

Sharepoint

Job description

Needham Bank is seeking an Assistant Controller to support the Controller in managing the Bank's accounting operations, owning the monthly closing process, and ensuring the integrity of financial reporting. This leadership role will involve direct reports and visibility with senior management to influence financial strategy and operational efficiency.

You will oversee the monthly close, support SOX compliance, and manage regulatory reporting, audits, and tax-related filings, while mentoring