Cape Ann Savings Bank · 10 hours ago
Controller
Gloucester, MA
Full-time
Onsite
Mid, Senior Level
$80K/yr - $140K/yr
7+ years expCape Ann Savings Bank is a financial institution seeking a Controller to support the SVP/Chief Financial Officer in managing the Accounting Department. The role involves overseeing daily accounting operations, financial reporting, compliance, and leading the accounting team while ensuring adherence to GAAP and regulatory requirements.
BankingFinancial Services
Responsibilities
Lead and oversee accurate and timely month-end, quarter-end, and year-end close processes including budgeting, asset-liability management, liquidity modeling, and regulatory reporting
Serve as the primary subject matter expert on the general ledger, chart of accounts, and related sub-systems
Maintain accurate accounting records for fixed assets, prepaid expenses, accruals, investments, subsidiaries, leases, BOLI, pension, and post-retirement benefits
Ensure the preparation and review of general ledger account reconciliations, resolving discrepancies and stale items in a timely manner
Ensure all financial transactions and reports comply with GAAP, regulatory guidance, and corporate policies
Oversee and manage strong internal controls to ensure compliance with regulatory and corporate requirements
Serve as the primary liaison with internal and external auditors, and specialized consultants including tax preparation and ALCO reporting
Prepare and submit regulatory reports for the Division of Banks, Depositors Insurance Fund, Federal Home Loan Bank, Federal Reserve Bank, and FDIC
Assist with regulatory examinations and recommend process and control improvements as needed
Prepare monthly, quarterly, and annual financial reports for senior management, department leadership, committees, and the Board of Trustees, including budget-to-actual analysis
Provide ad hoc reporting and financial analysis to support strategic and operational decision-making
Offer consultation and guidance to business unit leaders on accounting, financial, and operational matters
Oversee monthly, quarterly, and annual tax reporting requirements
Supervise daily cash management and liquidity planning processes
Supervise investment reporting activities
Lead, develop, and manage the Accounting team, including accounts payable functions
Recruit, train, evaluate, and retain a high-performing and engaged accounting staff
Develop and execute a comprehensive training and cross-training program to ensure operational continuity and staff development
Foster a culture of accountability, collaboration, and continuous improvement
Qualification
Required
Bachelor's degree, with a concentration in accounting or finance
Minimum of seven (7) years of progressive accounting and management experience within banking or a related financial services environment
Thorough knowledge of GAAP, accounting principles, and financial reporting standards
Working knowledge of bank operations, asset-liability management, and accounting for fixed assets, accruals, investments, leases, BOLI, pensions, and income taxes
Strong organizational, analytical, and critical thinking skills
Exceptional attention to detail with the ability to manage multiple priorities
Effective verbal and written communication skills
Proven ability to work independently while leading a team in a fast-paced, regulated environment
Ability to operate at a strategic level while executing detailed, tactical work when required
Preferred
Experience with Oracle Financials and Fiserv Prologue Investment Portfolio Accounting (IPA) systems
Advanced proficiency in Microsoft Office, particularly Excel, along with Crystal reporting or Power BI
Benefits
Pension Plan
401K
Medical
Dental and Vision insurances
Company
Cape Ann Savings Bank
Cape Ann Savings Bank is a growing mutual savings bank, offering competitive products & services.
Founded in 1846Maussane, Provence-Alpes-Cote d'Azur, FRA
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Diane Walker
SVP/Chief Financial Officer
Company data provided by crunchbase