Overview
This role involves leading the accounting function for a bank in its formation phase. As part of the operational build-out, the Bank Controller will help establish foundational processes, oversee day-to-day accounting activities, and develop the regulatory reporting function. The position reports to the Bank CFO.
Responsibilities
- Build and lead the Bank accounting team, including recruitment, coaching, and strategic direction as the function is established.
- Manage day-to-day operational duties of the Bank Accounting Team, including the general ledger and daily operational flows.
- Ensure successful integration of accounting systems and processes into the organization’s systems and processes.
- Serve as a primary liaison with cross-functional teams, ensuring effective service delivery while maintaining independent oversight required for a regulated banking entity.
- Oversee monthly reporting to both internal and external stakeholders, including regulatory bodies, ensuring timely completion and submission.
- Build and maintain a controlled regulatory reporting function to ensure timely and accurate preparation of required filings, including:
- FFIEC 041 Call Reports
- Part 363 Annual Reports
- Federal Reserve reporting
- Coordinate the annual bank financial statement audit with external auditors.
- Partner with engineering and product teams to evaluate, improve, and implement tools that drive accounting/reporting automation.
- Manage additional financial analysis and projects as required.
Requirements
- Accounting designation such as CPA or CA.
- Minimum 10 years of relevant experience in Accounting, Finance, or Treasury-related areas.
- Minimum 5 years of people management experience.
- Experience building out tools and processes and scaling an Accounting team in a similar industry.
- Extensive knowledge of GAAP and regulatory reporting.
- Proven analysis, cash management, and modeling experience.
- Extremely detail-oriented with a natural critical thinking approach.
- Strategic, goal-driven, focused, with a “can-do” attitude.
Preferred Qualifications
- Experience in establishing accounting and regulatory reporting functions during a formation or early-stage build-out.
- Background in process automation for accounting and reporting.
Compensation & Benefits
Base pay grade: M
Equity grade: USA 10
Employees new to the organization typically come in at the start of the pay range. Base pay is part of a total compensation package that may include equity rewards, monthly stipends for health, wellness, and tech spending, and benefits including 100% subsidized medical coverage, dental and vision for you and your dependents.
USA base pay range (CA, WA, NY, NJ, CT) per year: $185,000 - $245,000
USA base pay range (all other U.S. states) per year: $164,000 - $224,000
Benefits highlights
- Health coverage at no cost: 100% of premiums for employees and their dependents.
- Monthly spending stipends for tech setup and the ability to choose health and wellness options.
- Flexible time off and generous holiday calendars.
- Employee stock purchase plan (ESPP) to buy stock at a discount.
Location
Remote-first with flexibility built in. Most roles can be done from almost anywhere within the country of employment. Some positions may occasionally require in-person work at an office, and a few may be office-based due to the nature of the work. All new hires will be invited to attend an in-person onboarding experience.
Additional Information
- Visa sponsorship is not available for this position.
- For positions based in San Francisco or Los Angeles: qualified applicants with arrest and conviction records are considered as required by law.
- The interview process includes accommodations for candidates with disabilities.