Assistant Controller
Job Description
Assistant Controller VP or FVP Assistant Controller First Vice President (FVP) Department Finance & Accounting Location Downtown Los Angeles, CA Employment Type Full-Time Reports To Controller / CFO Position Summary We are seeking an experienced and detail-oriented Assistant Controller at the First Vice President level to join our Finance team in Downtown Los Angeles.
This role will support the Controller in overseeing the day-to-day accounting operations, financial reporting, and internal controls of the institution.
The ideal candidate brings a solid foundation in banking or financial services accounting and is ready to serve as a key leader within the finance function.
Key Responsibilities Assist the Controller in managing all accounting operations, including general ledger, accounts payable/receivable, and loan accounting.
Oversee preparation of monthly, quarterly, and annual financial statements in accordance with GAAP and applicable regulatory requirements.
Ensure timely and accurate completion of regulatory filings, including call reports, FR Y-series reports, and other bank regulatory submissions.
Lead the month-end and year-end close processes, coordinating across departments to meet established deadlines.
Maintain and strengthen internal controls to safeguard bank assets and ensure compliance with SOX, BSA/AML, and regulatory standards.
Manage and mentor accounting staff; provide guidance, training, and performance oversight., Partner with external auditors and regulatory examiners; coordinate audit requests and responses.
Support budgeting, forecasting, and variance analysis in collaboration with senior management.
Analyze balance sheet and income statement trends; present findings and recommendations to the Controller and executive leadership.
Oversee the management of the bank's fixed assets, prepaid expenses, and accruals., Assist with the implementation of new accounting standards (e.g., CECL, FASB updates) and system enhancements.
Qualifications Required Bachelor's degree in Accounting, Finance, or related field, 8+ years of progressive accounting experience.
Minimum 5 years in banking or financial services", "StrongKnowledge of GAAP and bank regulatory reporting.
Experience with call report preparation (FFIEC).
Proven leadership and team management ability, Proficiency in core banking systems and ERP platforms.
Preferred Master's degree in Accounting or MBA Experience with community or commercial banks, Familiarity with CECL implementation, Experience with SOX compliance oversight, Knowledge of BSA/AML regulations, See above.
This role will support the Controller in overseeing the day-to-day accounting operations, financial reporting, and internal controls of the institution.
The ideal candidate brings a solid foundation in banking or financial services accounting and is ready to serve as a key leader within the finance function.
Key Responsibilities Assist the Controller in managing all accounting operations, including general ledger, accounts payable/receivable, and loan accounting.
Oversee preparation of monthly, quarterly, and annual financial statements in accordance with GAAP and applicable regulatory requirements.
Ensure timely and accurate completion of regulatory filings, including call reports, FR Y-series reports, and other bank regulatory submissions.
Lead the month-end and year-end close processes, coordinating across departments to meet established deadlines.
Maintain and strengthen internal controls to safeguard bank assets and ensure compliance with SOX, BSA/AML, and regulatory standards.
Manage and mentor accounting staff; provide guidance, training, and performance oversight., Partner with external auditors and regulatory examiners; coordinate audit requests and responses.
Support budgeting, forecasting, and variance analysis in collaboration with senior management.
Analyze balance sheet and income statement trends; present findings and recommendations to the Controller and executive leadership.
Oversee the management of the bank's fixed assets, prepaid expenses, and accruals., Assist with the implementation of new accounting standards (e.g., CECL, FASB updates) and system enhancements.
Qualifications Required Bachelor's degree in Accounting, Finance, or related field, 8+ years of progressive accounting experience.
Minimum 5 years in banking or financial services", "StrongKnowledge of GAAP and bank regulatory reporting.
Experience with call report preparation (FFIEC).
Proven leadership and team management ability, Proficiency in core banking systems and ERP platforms.
Preferred Master's degree in Accounting or MBA Experience with community or commercial banks, Familiarity with CECL implementation, Experience with SOX compliance oversight, Knowledge of BSA/AML regulations, See above.