Assistant Controller

Fortis Bank • Denver, CO

3d • $150,000 - $160,000 • 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 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 assists with financial reporting, audits, examinations, regulatory filings, tax-related information, accounting systems, and software implementations. It also has future responsibility for supervising certain accounting staff. The role is required to work in the office at least 3–4 days each week and reports to the Bank’s Controller.

Requirements

• Bachelor’s degree in Accounting.
• Strong knowledge and experience interpreting and applying GAAP.
• 5–8+ years of progressively responsible, relevant experience.
• Minimum of 2 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, with the ability to quickly grasp concepts and processes with limited management guidance.
• Strong written and verbal communication skills.
• Ability to work in a team environment and interact positively with coworkers and management.
• Positive and collaborative approach with peers and management.
• Versatility, flexibility, and willingness to work enthusiastically amid 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 payments comply 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 a backup for payroll preparation.
• Prepare the Bank’s commission calculations and related journal entries, and establish systems and controls to verify their accuracy.
• Ensure the accuracy and completeness of accruals.
• Prepare investment entries and ensure data accuracy and reconciliation of 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 associated with the Bank’s stock awards.
• Review schedules to track and ensure monthly vendors are paid on time.
• Confirm and set up new accounts payable vendors.
• Assist in reviewing and approving annual 1099s.
• Assist in administering the Concur system and ensure users are added and removed in a timely manner.
• Administer period integrity in the Bank’s stock compensation reporting system.
• Assist in managing 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 with the Bank’s internal financial reporting package.
• Maintain tracking systems and prepare entries related to capitalization of certain costs associated with internally developed software.
• Prepare monthly and ad hoc financial reports that support business decisions.
• Assist in implementing new software systems and administering several software systems.
• Take on other duties as assigned.
• Assume future responsibility for supervising certain accounting staff.

What This Job Offers

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