VP, Controller

VP, Controller

Hybrid
• Headquarters
- Marlborough, MA

Salary Range $ - $ Salary/year Level Management Position Type Full Time Category Accounting

Title:

VP Controller

FLSA Status:
Exempt Employment Status:
Full Time

Department:
Finance

Location:

Marlborough/ Hybrid Work Model Eligible

Reports To:

EVP CFO

This is a high-autonomy leadership seat with true ownership of the accounting function and a clear mandate to strengthen controls, streamline processes and modernize reporting and systems. If you are a hands-on accounting leader who wants latitude to build, develop and shape a team while partnering closely with senior leadership, this role is worth a confidential conversation.

Scope and impact include:

• Leading the close and financial statement process while safeguarding financial integrity
• Overseeing regulatory reporting (FDIC Call Report, FR Y-9SP, FR 2900, DIF)
• Owning controls and audit readiness while partnering with auditors and regulators
• Coordinating cross-functionally with senior management to drive consistency and accountability

What you would walk into: a strong, stable institution with a clear mandate for continuous improvement and growth. The close is currently 3 to 5 business days with opportunity to further standardize reconciliations and reduce manual workarounds.

Team and growth: you will lead a team of 2 to 3 including an Assistant Controller with the ability to hire, develop and shape the accounting function. This is a definitive opportunity for growth for someone who wants broader scope and visibility.

Reporting to the Chief Financial Officer, the Controller is responsible for planning, organizing and directing the accounting activities of the Bank to ensure establishment and maintenance of effective financial and internal controls, and timely and through financial management reporting.

Responsible for the preparation of annual audited financial statements and footnotes. Oversees the month end and year end processing of bank and all affiliated companies. Financial liaison to internal and external auditors. Manage the production of documents required by such third parties.

Additionally, this position embraces the established service culture to maximize their contribution to the Bank's goals.

After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement with availability expected during core business hours and agreed upon number of days per-week/month on site.

ESSENTIAL DUTIES and RESPONSIBILITIES:

The requirements listed are representative of the knowledge, skill, and/or ability required.

In the performance of respective tasks and duties, the employee is expected to successfully perform quality work within deadlines with or without supervision, interact professionally with other employees, customers and suppliers; work effectively as a team contributor on all assignments and work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.

Maintain a broad oversight of all functions within the accounting department, including but not limited to reconciliations, wire transfers, cash positioning, interfacing, postings, accounts payable and other related responsibilities. In conjunction with the Assistant Controller, ensures all work of the accounting team is accurate, timely and in accordance with various bank policies.

Financial Reporting & Close Process Leadership:

• Troubleshooting and resolution of complex accounts payable and accounts receivable issues
• On time preparation of month-end reconciliations with supporting documentation for approval.
• Assisting with daily/monthly posting of general ledger
• Maintain the General Ledger chart of accounts
• Become subject matter expert in financial accounting applications i.e. Fixed Assets, GL, AP
• Participate in the daily and monthly closing of the Bank's general ledger and oversee the production of various internal financial reporting packages.
• Review all monthly general ledger reconciliations and follow up on the resolution of reconciling items.
• Production and review of monthly and annual balance sheet, income…