Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4.4 billion in assets, more than 400 team members, 7 branch offices, and annual mortgage originations of over $5 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
The Controller should be an entrepreneurial and open-minded individual with a desire to contribute to a fast-paced, growing company. The candidate will report directly to the CFO of the bank and be responsible for the day-to-day activities of the accounting department. The position is responsible for the following:
Responsibilities
- Responsible for the technical accounting areas of the Bank including, mark to market adjustments, stock compensation, CECL, and derivative instruments among others.
- Responsible for the creation of the audited financial statements of the Bank and Consolidated Company.
- Provide oversight and management of the FDICIA environment to ensure an appropriate control environment exists across the Bank.
- Responsible for the monthly and quarterly tax process
- Manage day to day activities of the accounting department, including accounts payable, journal entries, reconciliations and other normal activities
- Supervise and coordinate the month end, quarter end and year end close processes.
- Prepare monthly financial reports for senior management, department management, committee and the Board of Directors
- Budget to actual reporting and Assistance with preparing the annual and 3-year budget;
- Evaluate on an ongoing basis the economic value of the insurance, benefits and other contracts the bank has in its ordinary course of business
- Compile various departments commission and/or incentive calculations
- Coordinate and manage the internal and external audit process, providing information and recommending process improvements
- Prepare monthly entries for and reconcile the Bank's Investment securities.
- Responsible for the Bank's general ledger and reporting systems including the maintenance of the Bank's chart of accounts.
- Lead efforts to ensure that systems, controls and infrastructure are in place to support the Bank
- Drive process improvements that result in cost savings initiatives
- Train and develop all accounting staff
- Prepare regulatory reports for the FDIC, FHLB and the Federal Reserve, including quarterly call reports
- Other duties as assigned
This position is highly collaborative and adjusts to the needs of the other division managers. This position provides a great opportunity for immediate, hands on, high-level experience and is ideal for individuals looking to one day lead the finance and accounting division of a financial services institution.
Qualifications
- Certified Public Accountant, 5+ years of experience in accounting, banking or relevant fields.
- Strong understanding of GAAP and corporate taxation
- Bachelor's degree (or equivalent) with a major in accounting, finance, or economics.
- Understanding and familiarity with banking core system providers preferred.
Other qualifications include strong leadership, interpersonal, organizational, detail-oriented, problem-solving, planning, multi-tasking, verbal and written communication skills. The ideal candidate will be proficient in Microsoft Office with an advanced excel spreadsheet and PowerPoint aptitude.
Leader Bank offers an excellent compensation and benefits package including 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status, or any other protected class.
Leader Bank Arlington, Massachusetts, USA Office
Our corporate headquarters is centrally located in beautiful Arlington, Massachusetts and easily accessible via Route 2. Our offices are surrounded by local eateries, schools, and grocery stores – making for a neighborhood feel just a short drive or ride on public transit from downtown Boston.
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