Corporate Controller – Wellesley MA – Banking
Our team is working with a leading bank looking to hire a Corporate Controller to their growing team. Reporting to the CFO, The Controller will be responsible for compliance with the U.S. GAAP, and regulatory reporting requirements, provides financial leadership and operational insight to the accounting team and supports strategic initiatives including acquisitions and new accounting standards implementation. The Controller will supervise accounting staff and provide hands-on training and development to the team. The Controller plays a key part in strengthening the accounting function through clear documentation, standardized reconciliation practices, and collaboration with internal stakeholders across the organization.
This role is a full time on site position that will offer between 140-160K base, bonus, & excellent benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at [email protected].
Responsibilities
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Lead and oversee all accounting operational processes, including the monthly close process, ensuring timely completion of journal entries, reconciliations, and review procedures.
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Maintain ownership and integrity of the general ledger, ensuring transactions are recorded accurately, timely and consistently.
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Ensure all balance sheet accounts are reconciled and supported timely, with appropriate documentation and review.
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Supervise and mentor accounting staff, providing hands-on training and development on reconciliations, journal entries and transaction flows.
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Ensure operational consistency, timeliness and accuracy across accounting processes, including accounts payable, prepaid accounting, fixed assets, investment, accruals and recurring journal entries
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Partner with internal teams to research and resolve discrepancies and improve data flow into the general ledger
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Lead research and implementation of new accounting pronouncements under U.S. GAAP.
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Oversee the preparation and provide review of regulatory filings, including the quarterly Call Report, Y-9C and Y-9LP, ensuring proper reporting that is supported and timely.
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Establish and reinforce a general ledger reconciliation program, including standard documentation requirements, review procedures, and escalation protocols for unresolved items.
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Maintain and enhance a robust system of internal controls in full compliance with SOX 404(b) requirements.
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Support external and internal audits by ensuring documentation is organized, complete, and readily available.
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Act as the primary liaison between internal stakeholders and external auditors, ensuring timely and accurate fulfillment of audit requests across all departments.
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Continuously improve accounting controls, processes and documentation, including development of standardized templates, procedures and training materials.
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Increase utilization of technology to support the accounting operations to allow more focus on value-added tasks and responsibilities.
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Strong understanding of U.S. GAAP, regulatory reporting requirements for financial institutions, balance sheet reconciliations, and the financial close process.
Education & Experience
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Bachelor’s degree in Accounting, Finance or related field
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Master’s degree is a plus
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CPA is preferred
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7+ years of progressive accounting experience, including 5+ years of banking-related experience
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Experience working with core banking (COCC experience preferred), accounting systems (Prologue experience preferred), workflow systems (FloQast experience a plus) and understanding how transactional systems integrate with the general ledger.
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Strong understanding of general ledger structures, account reconciliation practices, and close processes
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Strong understanding of SOX internal controls and related compliance
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Demonstrated experience developing accounting staff and improving accounting operations
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Knowledge of U.S. GAAP and regulatory reporting requirements
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Experience with or implementation of advanced technologies, including artificial intelligence is a plus.
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