Controller

Position Summary

The Controller is responsible for supporting the SVP/Chief Financial Officer (CFO) in ensuring the effective, accurate, and compliant operation of the Accounting Department. This role provides leadership over daily accounting operations, cash management, investment and subsidiary reporting, budgeting, regulatory reporting and specialized accounting functions, while ensuring compliance with GAAP, regulatory requirements, internal controls and Bank policies, procedures and objectives.

The Controller delivers timely, accurate financial and operational reporting to senior management, committees, and the Board of Trustees. This position requires strong leadership, technical accounting expertise, and the ability to operate strategically while remaining hands-on when needed.

Key Responsibilities

Financial Reporting & Accounting Operations

• 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.

Internal Controls, Compliance & Audit

• 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.

Management Reporting & Analysis

• 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.

Tax & Treasury Oversight

• Oversee monthly, quarterly, and annual tax reporting requirements.
• Supervise daily cash management and liquidity planning processes.
• Supervise investment reporting activities.

Leadership & Talent Development

• 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.

Qualifications & Experience

Education & Credentials

• Bachelor’s degree, with a concentration in accounting or finance, preferred.
• Minimum of seven (7) years of progressive accounting and management experience within banking or a related
financial services environment.

Technical Knowledge & Skills

• 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.
• Experience with Oracle Financials and Fiserv Prologue Investment Portfolio Accounting (IPA) systems preferred.
• Advanced proficiency in Microsoft Office, particularly Excel, along with Crystal reporting or Power BI.

Competencies

• 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.
• Active participation in community and industry organizations and events that promote the core values of the Bank.

Other Skills:

Other qualifications include strong leadership, interpersonal, organizational, detail-oriented, problem-solving, multitasking, planning, analytical, verbal, and written communication skills.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift as much as 15 pounds at times.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Cape Ann Savings Bank offers a competitive compensation package including but not limited to the
following: Pension Plan, 401K, Medical, Dental and Vision insurances.

Cape Ann Savings Bank is an equal opportunity employer. We celebrate diversity and are committed to 
creating an inclusive environment for all employees.