VP, Controller

2 weeks ago

Southbridge, United States Cornerstone Bank Full time

Job Type

Full-time

Description

Cornerstone Bank was formed in 2017, born of a long history of supporting the community, and providing a strong foundation to help people and businesses thrive. Serving Worcester County, Cornerstone Bank's local presence and community-based banking model enables a unique ability to deliver outstanding service, with a personal touch. Cornerstone provides the highest level of service and expertise for individuals, businesses, and community organizations with branch locations throughout Central Massachusetts.

Cornerstone Bank is committed to providing a collaborative workplace where innovation, teamwork, accountability, and excellence are recognized and where employees are encouraged to broaden their skills, seek opportunities for professional development, serve their community, and provide outstanding customer service with each encounter.

Being a part of the Cornerstone team has many great benefits and perks. This includes a competitive pay, a generous student-loan paydown program, comprehensive benefit package including, medical, dental, vision insurance and even pet insurance We offer a 401(k) plan with an employer contribution and match, success-sharing bonuses, paid time off and more

If you are looking to join a team that is committed to your ongoing professional growth and development, we are looking forward to speaking to you

Cornerstone Bank is looking for an innovative leader to enhance our Finance department in the role of VP, Controller. This is an exciting opportunity for someone who is passionate about leading a team of finance professionals and being a change agent for the bank. This position is responsible for planning, organizing, and directing the accounting and financial control activities of the bank and all subsidiaries. Provide for the establishment and maintenance of financial internal controls with the bank's policies, strategic objectives, accounting rules, and government regulation.

Responsibilities and Accountabilities

  • Maintains a documented system of accounting polices and procedures; implements a system of controls over accounting transactions to minimize risk.
  • Prepares and reviews monthly materials and reports for the Board of Directors.
  • Under the supervision of the CFO, prepares the Bank's annual budget and other financial metrics, calculates and reports variances from budget. Also assists the CFO in the CECL methodology and analysis.
  • Performs monthly yield analysis on Investments, Loans and Deposits.
  • Under the supervision of the CFO, develops, recommends, implements, and maintains new accounting standards, policies, procedures, systems reports and control functions governing the Bank's financial reporting of all types. Reviews all pending and applicable accounting pronouncements and regulatory requirements and makes recommendations to CFO for implementation as necessary.
  • Responsible for the creation of the audited financial statements of the bank and consolidated company
  • Supervises the timely and accurate financial reporting and submission of the monthly/quarterly/annual regulatory and industry reporting requirements including: FDIC Call Report, DIF Performance measurement, DIF Deposit Analysis and various financial reports with the Federal Reserve Board.
  • Supports the CFO in Asset / Liability monitoring and analysis of results.
  • Responsible for FDICA controls working closely with the Assistant Controller to ensure an appropriate control environment exists across the Bank.
  • Supports the CFO in Finance department and bank-wide project management.
  • Supervises and is responsible for the integrity of general ledger records, reconciliation, and preparation of journal entries for the Bank and all subsidiaries. Supervises the closing of all financial statements.
  • Works directly with the external accountants on all matters of review of the Bank's financial statement preparation, controls review, reconciliation and support and supply of various records as requested. Works directly with internal auditors on all matters of review on accounting, accrual, general ledger access and posting, reconciliation, financial reporting, and supporting documentation.
  • Works directly with the external accountants on all tax matters.
  • Supports the CFO in overseeing and liaison with federal examiners, and all auditors during and post examinations.
  • Works with Assistant Controller and team members to build training and educational opportunities, conducts performance plans and reviews, salary recommendations and recommends terminations when necessary.
  • Supports the CFO in creating reports to analyze profitability of various business lines. Makes recommendations for action as appropriate.
  • Oversees balancing and setup procedures and ensures timely and accurate balancing of general ledger accounts. Performs a variety of periodic analyses and accruals. Reviews findings and oversees corrections or adjustments. Works with management to ensure prompt and accurate delivery of general ledger reconcilements.
SECONDARY FUNCTION

Manages the day-to-day accounting activities, including accounts payable, fixed assets and investment securities management. Responsible for daily review of direct-post entries for the frontline staff and all manual entries made by accounting department. Other oversight responsibilities include:
  • Reviews month end Reconciliation Package.
  • Verifies general ledger access by users monthly.
  • Oversee the maintenance of the general ledger, including the general ledger calendar.
  • Builds constructive and effective relationships to support a collaborative working environment.
  • Oversees Assistant Controller in organizing weekly and monthly workflow and projects, managing time off for staff, and always ensuring adequate staffing to meet operational requirements.
  • Other duties as assigned in support of the Bank.
* Attend or complete required BSA/AML training as provided.

* Responsible for compliance with BSA policies and procedures including the identification and reporting of suspicious activity, and other BSA job specific duties.

Requirements

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
  • 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
  • Demonstrated ability to effectively and capably manage teams
  • Ability to use logic, think strategically and act collaboratively
  • Ability to read, review and interpret financial reports and present to management on relevant subject matter.
  • CPA preferred
Education/Training/Experience
  • Bachelor's degree
  • 5-10 year relative and progressive experience in subject matter required.


INDEPENDENT ACTION

Performs work independently within scope of established guidelines and practices. Consults with Manager where clarification or exception to Bank policy may be required.

NOTE: These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required for this job.

Cornerstone Bank is an Equal Opportunity Employer. In compliance with Equal Opportunity Guidelines and the Americans with Disabilities Act, Cornerstone Bank provides reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

  • Automation Controls Engineer

    1 week ago

    Southbridge, United States Nationwide Technical & Executive Search Full time

    Automation Controls EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsResponsibilities• Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems.• Establishes and maintains a comprehensive documentation and backup system for in-house software & programs (PLC,...

  • Automation Controls Engineer

    1 week ago

    Southbridge, United States Nationwide Technical & Executive Search Full time

    Automation Controls EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsResponsibilities• Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems.• Establishes and maintains a comprehensive documentation and backup system for in-house software & programs (PLC,...

  • Automation Controls Engineer

    1 week ago

    Southbridge, United States Nationwide Technical & Executive Search Full time

    Automation Controls EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsResponsibilities• Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems.• Establishes and maintains a comprehensive documentation and backup system for in-house software & programs (PLC,...

  • Automation Controls Engineer

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Automation Controls Engineer Southbridge, MA Onsite, Permanent, Full Benefits Responsibilities • Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems. • Establishes and maintains a comprehensive documentation and backup system for in-house software & programs...

  • Automation Controls Engineer

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Automation Controls Engineer Southbridge, MA Onsite, Permanent, Full Benefits Responsibilities • Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems. • Establishes and maintains a comprehensive documentation and backup system for in-house software & programs...

  • Automation Controls Engineer

    Found in: Careerbuilder One Red US C2 - 1 week ago

    Southbridge, MA, US Nationwide Technical & Executive Search Full time

    Automation Controls EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsResponsibilities• Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems.• Establishes and maintains a comprehensive documentation and backup system for in-house software & programs (PLC,...

  • Automation Controls Engineer

    1 week ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Automation Controls EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsResponsibilities• Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems.• Establishes and maintains a comprehensive documentation and backup system for in-house software & programs (PLC,...

  • Manufacturing Engineer

    3 days ago

    Southbridge, United States Nationwide Technical & Executive Search, Inc. Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes manufacturing problems...

  • Manufacturing Engineer

    2 days ago

    Southbridge, United States Nationwide Technical & Executive Search, Inc. Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes manufacturing problems...

  • Manufacturing Engineer

    1 week ago

    Southbridge, United States Nationwide Technical & Executive Search Full time

    Manufacturing EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsRelecation Assistance availableResponsibilitiesProvides technical support in areas of manufacturing.Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support.Identifies and analyzes manufacturing problems related...

  • Manufacturing Engineer

    Found in: Whatjobs US C2 - 1 week ago

    Southbridge, United States Nationwide Technical & Executive Search Full time

    Manufacturing EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsRelecation Assistance availableResponsibilitiesProvides technical support in areas of manufacturing.Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support.Identifies and analyzes manufacturing problems related...

  • Manufacturing Engineer

    1 week ago

    Southbridge, United States Nationwide Technical & Executive Search, Inc. Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes manufacturing problems...

  • Plant Automation Engineer

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Automation Controls Engineer Southbridge, MA Onsite, Permanent, Full Benefits Responsibilities • Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems. • Establishes and maintains a comprehensive documentation and backup system for in-house software &...

  • Plant Automation Engineer

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Automation Controls Engineer Southbridge, MA Onsite, Permanent, Full Benefits Responsibilities • Serves as the technical focus for, and provides leadership for, the in-house design & installation of automation, monitoring, and control systems. • Establishes and maintains a comprehensive documentation and backup system for in-house software &...

  • Manufacturing Engineering Contractor

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes...

  • Manufacturing Engineering Contractor

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes...

  • Manufacturing Engineer

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes manufacturing...

  • Manufacturing Engineer

    Found in: Jooble US O C2 - 6 days ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Manufacturing Engineer Southbridge, MA Onsite, Permanent, Full Benefits Relecation Assistance available Responsibilities Provides technical support in areas of manufacturing. Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support. Identifies and analyzes manufacturing...

  • Manufacturing Engineer

    Found in: Careerbuilder One Red US C2 - 1 week ago

    Southbridge, MA, US Nationwide Technical & Executive Search Full time

    Manufacturing EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsRelecation Assistance availableResponsibilitiesProvides technical support in areas of manufacturing.Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support.Identifies and analyzes manufacturing problems related...

  • Manufacturing Engineer

    1 week ago

    Southbridge, MA, United States Nationwide Technical & Executive Search Full time

    Manufacturing EngineerSouthbridge, MAOnsite, Permanent, Full BenefitsRelecation Assistance availableResponsibilitiesProvides technical support in areas of manufacturing.Responsible for continuous improvement, process development, process parameters/control/optimization, and equipment/technology support.Identifies and analyzes manufacturing problems related...