Director, Accounting & Financial Reporting

The accuracy and visibility into the Bank’s financial reporting process is the cornerstone of ensuring the Bank remains compliant and profitable. The Director, Internal Controls position assists the SVP, Controller in planning, performing, and reporting on a comprehensive system of Bank-wide internal controls and assist the Bank in achieving SOX compliance. This role requires a thorough understanding of the Committee of Sponsoring Organizations (“COSO”) Internal Control Framework. The Director, Internal Controls position assists in performing and monitoring controls as a first line of defense and ensures all process and system controls adhere to existing policies and standards, regulatory requirements and best practices in financial reporting. This requires extensive coordination with the Bank’s second and third line of defense groups as well as the Bank’s external auditors.

Essential Functions:

• Assists the Controller in documenting, collecting, and evaluating overall control activities at the Bank to ensure FDICIA controls are executed timely and properly documented.
• Tests process and system controls for the Bank’s Finance department and/or works closely with the second and third lines of defense to facilitate the testing of these controls.

• Assists in the Bank’s SOC-1 assessment reports for third party data integrity and assists in the completion of the required SOC-1 analyses for year-end reporting.
• Assists in coordinating, assessing, and facilitating all third-party oversight for the finance business unit.

• Supports and actively participates in organizational change initiatives ensuring appropriate controls are identified, documented, and implemented.
• Assists in the development and review of procedures for accuracy and effectiveness in relation to financial reporting and other key areas of the finance department.
• Assists in the preparation of senior level reporting related to first line of defense activities in the Finance department.
• Performs various ad hoc projects as requested by the CFO, Controller, or other interested parties.
• Participates in training and development programs to develop and maintain controls, process, or Bank subject matter expertise. 

Compliance with Laws & Regulations: 

• Responsible for complying with all of the Company’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Company is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Education and Experience:

• Bachelor’s degree in accounting, business, or related field is required.
• Five (5) years’ accounting or audit experience in financial services or public accounting is required.
• Experience in a role at a financial institution performing or monitoring financial reporting for SOX and FIDICIA compliance is preferred.

Summary of Qualifications:

• Demonstrable knowledge of internal control best practices and the Committee of Sponsoring Organizations of the Treadway Commission Integrated Framework.
• Strong knowledge of SOX, FDICIA and GAAP accounting rules.
• Experience assessing and improving first line of defense controls related to financial reporting at a financial institution.
• Experience working in collaboration across organizational business units, including effective influencing skills, and a proactive approach in communicating issues/requests.
• Experience working with external auditors.
• Demonstrated ability to communicate effectively both orally and in writing with members of senior management; presents ideas in a clear, concise, understandable and organized manner.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
• Ability to work with mathematical concepts such as probability and statistical inference.  Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
• Responsible, flexible individual with strong mathematical and analytical skills.