VP Controller

OUR CLIENT is a $1.5 billion institution based in Seattle, with branches in Idaho, Oregon, and Utah. The bank operates as a single-line lender serving a customer base of closely held owner-operated businesses and real estate companies. While the bank’s in-house lending limit is $20 million, it has extended larger loans to support high-quality customers.

Their founders were business people who believed banks should offer financial solutions that enable success, not barriers that slow it down. That’s why their culture emphasizes problem-solving with a “yes” mindset. They act with a sense of urgency and speed that matches yours, and they stay with you every step of the way. The bank is entrepreneurial and nimble in seeking the highest risk-adjusted return on its capital.

The VP Controller manages a team responsible for overseeing, planning, and coordinating the organization's accounting and financial reporting functions across both the Holding Company and the Bank. You will ensure timely and accurate financial reports for management, the board, financial institutions, tax authorities, and regulatory agencies; prepare audited financial statements and footnotes; and research, monitor, and implement new accounting standards. Additionally, you will maintain strong internal controls and supervise investment security accounting and division accounting.

• Manage the organization’s accounting and financial reporting process by maintaining appropriate internal controls; planning and directing activities of staff; ensuring the availability of timely and accurate financial data; and ensuring financial reports are prepared in accordance with GAAP, regulatory requirements, or other guidelines.
• Monitor and research new accounting pronouncements and developments. Implement accounting policies, procedures, standards, pronouncements, and principles, as promulgated by authoritative bodies (FASB, AICPA SEC, FDIC, etc.). Identify any financial impact and recommend when and how to implement.
• Manage, maintain, and retain official copies of all accounting reports and supporting documentation. Ensures adequate retention and availability for audits, examinations, and historical reporting or re-statement.
• Ensure an adequate internal control environment exists in the accounting department (i.e., direct responsibility) and throughout the organization (i.e., indirect responsibility) to ensure financial functions are accurately recorded, processed, and summarized or disclosed in the financial reporting process.
• Ensure all general ledger accounts are in balance and all supporting reconciliation work papers are prepared in a timely and accurate manner. Also, ensure the timely resolution of any reconciling discrepancies. Address reports to the CFO on situations that have a substantial impact on the financial position or operations of the Bank or Holding Company.

• Thorough knowledge of bank accounting, regulations, policies, and procedures.
• Thorough knowledge of finance, generally accepted accounting principles, budgeting, and cost control principles.
• Effective verbal, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and communicate clearly to different people.
• Two to three years of leadership experience; a CPA is preferred but not required.

• The position is in-office in Seattle. Consideration may be given to highly qualified candidates residing in Boise, Coeur d’Alene, Portland, and Salt Lake City.

• Salary, bonus, and stock options are commensurate with a pre-IPO Fin Tech company.

• Director

• Full-time

• Accounting/Auditing

• Financial Services and Banking