VP-Controller

Align Credit Union; Lowell (MA); On-site; USD 106,000 - 135,000; Full time

Job summary

Align Credit Union is seeking a VP Controller to lead the Accounting Department, ensuring accuracy, integrity, and timeliness of all financial reporting. This role collaborates with Risk, Lending, IT, and other functions to strengthen controls and compliance while supporting strategic decisions.

The position reports to the President & CEO, with close partnership to the SVP of Finance on cash management and investments.

Qualifications

• Strong accounting leadership and oversight of financial reporting.
• Experience preparing regulatory filings (NCUA Call Report).
• Knowledge of CECL/credit losses and allowances.
• Experience with ALCO and balance sheet management.
• Ability to collaborate across functions to improve controls and reporting.

Responsibilities

• Oversee the Accounting Department, GL, AP, reconciliations, and close processes.
• Ensure timely preparation of financial statements and regulatory filings.
• Lead budgeting, forecasting and financial analysis for management and board.
• Oversee CECL calculations and loss allowances with Risk/Lending.
• Strengthen internal controls and enterprise risk management.
• Provide ALCO support for liquidity, risk, and capital planning.
• Be the finance systems subject matter expert for DNA and related interfaces.
• Coordinate with auditors/regulators and address findings.
• Present financial insights to the President/CEO and senior leadership.
• Develop Accounting staff and drive process improvements.

Skills

Accounting

Financial reporting

Leadership

Regulatory compliance

Tools

DNA financial system

Job description

Salary Range: $106,000.00 To $135,000.00 Annually

Role:

The VP Controller is a key financial leader responsible for the oversight, integrity, accuracy, and timely completion of the Credit Union's accounting and financial reporting functions. Reporting directly to the President & CEO, the VP Controller provides leadership and oversight of the Accounting Department, works closely with the Risk Management area, and collaborates across Lending, Operations, Information Technology, and other business areas to ensure strong financial controls, accurate reporting, regulatory compliance, and sound financial decision-making.
The VP Controller works closely with the SVP of Finance, who is responsible for cash management and investments, to ensure a coordinated approach to the Credit Union's overall financial management and strategy.
The VP Controller serves as a member of the Senior Leadership Team and Asset Liability Management Committee (ALCO) and provides financial insight, identifies emerging risks and trends, strengthens internal controls, and supports the Credit Union's strategic objectives.

Essential functions & Responsibilities:

• Accounting & Financial Oversight Lead and oversee the Accounting Department, including general ledger activities, accounts payable, reconciliations, month-end and year-end closing, and the accuracy and integrity of the Credit Union's financial records.
• Financial & Regulatory Reporting Oversee the accurate and timely preparation of monthly, quarterly, and annual financial statements, management and Board reporting, the NCUA Call Report, and other required federal and state regulatory financial filings.
• Budgeting, Forecasting & Financial Analysis
  Lead and support budgeting, forecasting, variance and profitability analysis, and financial planning. Provide the President & CEO and Senior Leadership Team with meaningful analysis of financial performance, trends, and emerging concerns.
• Allowance for Credit Losses / CECL
  Oversee the calculation, analysis, documentation, and ongoing monitoring of the Allowance for Credit Losses in collaboration with Risk Management and Lending, including credit quality trends, delinquency, charge-offs, concentrations, qualitative factors, and economic assumptions.
• Risk Management & Internal Controls
  Work closely with the Risk Management area to identify and monitor financial and operational risks, support Enterprise Risk Management, strengthen internal controls and reconciliation processes, and ensure significant discrepancies, exceptions, or control weaknesses are appropriately escalated and resolved.
• ALCO & Balance Sheet Management
  Serve as an active member of ALCO and provide financial analysis supporting liquidity, interest rate risk, Net Economic Value (NEV), earnings, funding, capital, and overall balance sheet management. Work closely with the SVP of Finance on cash management, investments, liquidity, and related ALCO strategies.
• DNA & Financial Systems Serve as a key financial subject matter expert for DNA and related financial systems, including general ledger interfaces, transaction flows, reconciliations, data integrity, and financial reporting. Collaborate with Information Technology and other business areas on system changes, testing, upgrades, and issue resolution.
• Audit, Examination & Compliance Support
  Serve as a primary financial contact for internal and external auditors and regulatory examiners. Coordinate requested financial information and work with Risk Management and other areas to ensure findings and corrective actions are appropriately addressed and completed timely.
• Senior Leadership & Board Support
  Serve as an active member of the Senior Leadership Team, providing financial expertise and strategic insight to support organizational decision-making. Prepare and present financial information, trends, risks, and recommendations to the President & CEO, Senior Leadership Team, and ALCO, as appropriate.
• Leadership, Development & Continuous Improvement
  Lead , coach, and develop Accounting employees while promoting accountability, cross-training, succession planning, and professional development. Identify opportunities to improve accounting processes, financial reporting, automation, controls, and organizational efficiency while demonstrating the leadership and strategic capabilities necessary for continued professional growth.
  Other job-related duties, as assigned.

At Align Credit Union, we believe in pay transparency and are committed to providing our employees and candidates with access to information about our compensation practices. The expected base pay rate offered for this role is $106,000.00 - $135,000.00 annually. Compensation may vary based on relevant experience, skills, competencies, and certifications.

Role:

The VP Controller is a key financial leader responsible for the oversight, integrity, accuracy, and timely completion of the Credit Union's accounting and financial reporting functions. Reporting directly to the President & CEO, the VP Controller provides leadership and oversight of the Accounting Department, works closely with the Risk Management area, and collaborates across Lending, Operations, Information Technology, and other business areas to ensure strong financial controls, accurate reporting, regulatory compliance, and sound financial decision-making.
The VP Controller works closely with the SVP of Finance, who is responsible for cash management and investments, to ensure a coordinated approach to the Credit Union's overall financial management and strategy.
The VP Controller serves as a member of the Senior Leadership Team and Asset Liability Management Committee (ALCO) and provides financial insight, identifies emerging risks and trends, strengthens internal controls, and supports the Credit Union's strategic objectives.

Essential functions & Responsibilities:

• Accounting & Financial Oversight Lead and oversee the Accounting Department, including general ledger activities, accounts payable, reconciliations, month-end and year-end closing, and the accuracy and integrity of the Credit Union's financial records.
• Financial & Regulatory Reporting Oversee the accurate and timely preparation of monthly, quarterly, and annual financial statements, management and Board reporting, the NCUA Call Report, and other required federal and state regulatory financial filings.
• Budgeting, Forecasting & Financial Analysis
  Lead and support budgeting, forecasting, variance and profitability analysis, and financial planning. Provide the President & CEO and Senior Leadership Team with meaningful analysis of financial performance, trends, and emerging concerns.
• Allowance for Credit Losses / CECL
  Oversee the calculation, analysis, documentation, and ongoing monitoring of the Allowance for Credit Losses in collaboration with Risk Management and Lending, including credit quality trends, delinquency, charge-offs, concentrations, qualitative factors, and economic assumptions.
• Risk Management & Internal Controls
  Work closely with the Risk Management area to identify and monitor financial and operational risks, support Enterprise Risk Management, strengthen internal controls and reconciliation processes, and ensure significant discrepancies, exceptions, or control weaknesses are appropriately escalated and resolved.
• ALCO & Balance Sheet Management
  Serve as an active member of ALCO and provide financial analysis supporting liquidity, interest rate risk, Net Economic Value (NEV), earnings, funding, capital, and overall balance sheet management. Work closely with the SVP of Finance on cash management, investments, liquidity, and related ALCO strategies.
• DNA & Financial Systems Serve as a key financial subject matter expert for DNA and related financial systems, including general ledger interfaces, transaction flows, reconciliations, data integrity, and financial reporting. Collaborate with Information Technology and other business areas on system changes, testing, upgrades, and issue resolution.
• Audit, Examination & Compliance Support
  Serve as a primary financial contact for internal and external auditors and regulatory examiners. Coordinate requested financial information and work with Risk Management and other areas to ensure findings and corrective actions are appropriately addressed and completed timely.
• Senior Leadership & Board Support
  Serve as an active member of the Senior Leadership Team, providing financial expertise and strategic insight to support organizational decision-making. Prepare and present financial information, trends, risks, and recommendations to the President & CEO, Senior Leadership Team, and ALCO, as appropriate.
• Leadership, Development & Continuous Improvement
  Lead , coach, and develop Accounting employees while promoting accountability, cross-training, succession planning, and professional development. Identify opportunities to improve accounting processes, financial reporting, automation, controls, and organizational efficiency while demonstrating the leadership and strategic capabilities necessary for continued professional growth.
  Other job-related duties, as assigned.

At Align Credit Union, we believe in pay transparency and are committed to providing our employees and candidates with access to information about our compensation practices. The expected base pay rate offered for this role is $106,000.00 - $135,000.00 annually. Compensation may vary based on relevant experience, skills, competencies, and certifications.

Monday-Friday 8:00AM-4:30PM
40+ hours per week