Assistant Controller

Bank of Clarke • Berryville, VA

16d

About The Position

Position Purpose : The Assistant Controller supports the Controller in overseeing the organization’s accounting operations, ensuring accurate financial reporting, compliance with regulatory requirements, and effective internal controls. This role is instrumental in managing the daily (accounting) operations, monthly close process, and supporting audits and strategic initiatives. What you’ll do: Lead and manage the monthly, quarterly, and annual close processes, ensuring timely and accurate reporting. Oversee general ledger accounting, including journal entries, reconciliations, consolidation and variance analysis. Collaborates regularly with other departments to gather and validate financial data, ensuring accuracy and consistency in reporting across the organization. Supports cross-functional initiatives and projects that align with organizational objectives. Assist with quarterly tax estimates, ensuring compliance with federal, state, and local tax regulations. Ensure timely and accurate tax payments. Supervise and mentor accounting staff, fostering professional development and performance. Development and implementation of accounting policies and procedures. Monitor and ensure compliance with internal controls and SOX/FDICIA requirements. Support the annual audit process, liaising with external auditors and preparing required documentation. Participate in system upgrades, automation initiatives, and process improvements. Stay current on changes in accounting standards and regulatory requirements. Other duties as needed.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
• 5+ years of progressive accounting experience, including public accounting or financial institutions.
• Strong knowledge of U.S. GAAP, internal controls, and regulatory reporting.
• Experience with ERP systems (e.g., Fiserv, SAP).
• Excellent analytical, organizational, and communication skills.
• Proven ability to manage multiple priorities and meet deadlines.

Nice To Haves

• Preferred experience in banking or other regulated financial services.
• Preferred advanced Excel skills and experience with data analytics tools (e.g., Power BI - Lumio).

Responsibilities

• Lead and manage the monthly, quarterly, and annual close processes, ensuring timely and accurate reporting.
• Oversee general ledger accounting, including journal entries, reconciliations, consolidation and variance analysis.
• Collaborates regularly with other departments to gather and validate financial data, ensuring accuracy and consistency in reporting across the organization.
• Supports cross-functional initiatives and projects that align with organizational objectives.
• Assist with quarterly tax estimates, ensuring compliance with federal, state, and local tax regulations. Ensure timely and accurate tax payments.
• Supervise and mentor accounting staff, fostering professional development and performance.
• Development and implementation of accounting policies and procedures.
• Monitor and ensure compliance with internal controls and SOX/FDICIA requirements.
• Support the annual audit process, liaising with external auditors and preparing required documentation.
• Participate in system upgrades, automation initiatives, and process improvements.
• Stay current on changes in accounting standards and regulatory requirements.
• Other duties as needed.

Benefits

• Offering a full suite of benefits including medical, life, dental, and vision insurance plus generous paid time off.
• Supporting associates and their families; we embrace the importance of caring for oneself and our families.
• Surrounding ourselves with smart, driven, and diverse individuals.
• Valuing integrity, commitment regarding our daily duties, and the Bank as a whole.
• Supporting local philanthropic, cultural, and artistic initiatives and organizations that our employees’ value.
• Devoted to the communities in which we serve as we help those who form the creative backbone of our market’s future economy and business value.
• Bank of Clarke is “Great Place to Work” Certified through June 2025.
• “Top Virginia Employer for Interns” award recipient (2023, 2024,2025) through Virginia Talent and Opportunity Partnership (V-TOP.)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees