Assistant Controller

Creative Financial Staffing
Cambridge, Massachusetts
Apr 03, 2024
Apr 06, 2024
Work Mode
Work from office
Full Time
Employment Type
Organization Type
Creative Financial Staffing has partnered with one of the oldest and most respected financial institutions in the Greater Boston Area for their search for an Assistant Controller.

Key Responsibilities of the Assistant Controller:
  • The Assistant Controller will collaborate with the Controller to manage the Bank's financial systems and ancillary systems.
  • Supervise daily Accounting Department operations, including cash management and accounts payable.
  • Provide training and aid Accounting staff in tasks as required.
  • Assist Tax Provider in tax return preparation and review tax provisions.
  • Ensure accurate regulatory reports for external agencies (e.g., Federal Reserve Bank, IRS).
  • Develop and implement internal controls for accounting regulations.
  • The Assistant Controller will review and implement Bank policies according to GAAP.
  • Address reconciliations, offer technical assistance, and manage month-end processes.
  • Generate investment, budget, and performance reports from various sources.
  • Contribute to financial goal planning and regulatory compliance.
  • Prepare operating and capital budgets, and evaluate compliance.
  • Stay updated on regulatory requirements (BSA, AML, CIP, OFAC).
  • The Assistant Controller will ensure BSA training and compliance; report suspicious activities.

Requirements for the Assistant Controller:
  • A Bachelor's degree in accounting or finance.
  • Minimum of five years' experience in Bank accounting and/or financial management, coupled with 3-5 years of management experience.
  • Strong analytical, organizational, and problem-solving skills.
Why this Assistant Controller position?
  • Strong community connections and opportunities to volunteer
  • Tuition assistance for job-related education
  • Incentive plans tied to team success
  • 401(k) Plan with employer match