Assistant Controller

Fortis Bank • Denver, CO

3d • Hybrid

About The Position

The Assistant Controller assists the Controller in maintaining and enforcing the Bank’s internal controls and prepares financial information and reports used to determine or maintain records of assets, liabilities, profit and loss, and other financial activities. The role oversees day-to-day operations of the Bank’s accounting organization, including the general ledger, accounts payable, payroll, fixed assets, prepaids, and other critical areas. It also manages the Bank’s monthly, quarterly, and annual close processes.

The position supports financial reporting, audits and examinations, regulatory filings, payroll and accounting operations, software administration, and internal decision-making. It may also take on future supervisory responsibilities for certain accounting staff. The position reports to the Bank’s Controller and is required to be in the office at least three to four days each week.

Requirements

• Bachelor’s degree in Accounting.
• Strong knowledge and experience interpreting and applying GAAP.
• Five to eight or more years of progressively responsible and relevant experience.
• At least two years of supervisory experience.
• Expertise in Microsoft Excel and Microsoft Office applications.
• Proficiency using general ledger software systems.
• Ability to maintain a high level of accuracy and attention to detail.
• Ability to work in a fast-paced environment.
• Strong reconciliation skills.
• Strong organizational, time management, and problem-solving skills, and ability to quickly grasp concepts and processes with limited management guidance.
• Strong written and verbal communication skills.
• Ability to work effectively in a team and interact positively with coworkers and management.
• Positive and collaborative approach with peers and management.
• Versatility, flexibility, and willingness to enthusiastically work on consistently changing priorities.

Nice To Haves

• Master’s degree.
• CPA license.
• Experience in both public accounting and industry is strongly preferred.

Responsibilities

• Assist in managing the monthly close process and checklist, ensuring adherence to timelines and deliverables.
• Review and approve daily and monthly journal entries.
• Review and approve daily, weekly, and monthly reconciliations.
• Assist in reviewing and approving weekly accounts payable payments and ensure compliance with policies and procedures.
• Review and approve certain wire payments.
• Assist in reviewing and approving weekly employee expense reimbursement and company card submissions and payments.
• Occasionally prepare payroll for all Bank employees and serve as backup for payroll preparation.
• Prepare commission calculations and related journal entries, and establish systems and controls to verify calculation accuracy.
• Ensure the accuracy and completeness of accruals.
• Prepare investment entries, verify data accuracy, and reconcile balances to the Bank’s bond keeper and safekeepers.
• Ensure the accuracy of the prepaid subledger, including the reasonableness of amortization lives and calculations.
• Ensure the accuracy of the fixed assets subledger, including the reasonableness of depreciation lives and calculations.
• Assist Bank team members with payroll issues and questions.
• Review and approve tax withholding calculations on stock award vestings, where applicable.
• Prepare stock-based compensation entries related to the Bank’s stock awards.
• Review schedules to track monthly vendor payments and ensure vendors are paid on time.
• Confirm and set up new accounts payable vendors.
• Assist with the annual review and approval of 1099s.
• Assist in administering the Concur system and ensure users are added and removed in a timely manner.
• Administer the period integrity of the Bank’s stock compensation reporting system.
• Assist with management of the annual financial audit, reviews, examinations, and internal audits, including preparing and reviewing information provided to auditors and examiners.
• Assist in preparing the Bank’s annual audited financial statements and footnotes.
• Provide information to the Bank’s tax accountants for tax provisions and deferred tax balance adjustments.
• Assist in preparing, reviewing, and timely filing certain regulatory reports.
• Prepare certain sections of the monthly variance analysis, review the analysis, and assist in preparing the Bank’s internal financial reporting package.
• Maintain tracking systems and prepare entries related to capitalization of certain costs associated with internally developed software.
• Assume future responsibility for supervising certain accounting staff.
• Prepare various monthly financial reports and ad hoc reports that support business decisions.
• Assist in implementing new software systems and administering several software systems.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior