Controller

Burke & Herbert Bank & Trust•Alexandria, VA

13d•$175,000 - $225,000•Onsite

About The Position

The Controller leads the Bank’s accounting operations, financial close process, general ledger administration, reconciliation program, and core accounting control environment. Reporting to the Chief Accounting Officer, this role ensures the accuracy, completeness, and integrity of the Bank’s financial records while overseeing accounting operations across accounts payable, accruals, fixed assets, prepaid expenses, reconciliations, cash accounting, intercompany accounting, and general ledger governance. The Controller is accountable for timely close execution, management reporting, variance analysis, Net Interest Margin (NIM) reporting, and key accounting schedules for executive management and Board reporting. The role partners with Operations, Treasury, Technology, Retail Banking, and other business units to ensure products, systems, and processes are accurately reflected in the accounting records and supported by effective internal controls.

Requirements

Strong knowledge of banking accounting operations, U.S. GAAP, financial institution accounting practices, and regulatory reporting requirements
Extensive experience with general ledger management, reconciliations, accrual accounting, financial close, and financial statement preparation
Strong process management, organizational, analytical, and problem-solving skills with attention to accuracy and deadlines
Proven ability to lead accounting teams, develop staff, manage change, and support organizational growth
Advanced Excel and financial systems proficiency with strong written and verbal communication skills
Bachelor’s degree in Accounting, Finance, or Business Administration; CPA exam passed and/or active CPA license preferred
Minimum 10 years of progressive accounting experience, including at least 5 years managing accounting personnel
Significant experience in bank accounting operations, financial close management, general ledger systems, reconciliations, accounting controls, and financial reporting processes

Nice To Haves

CPA exam passed and/or active CPA license preferred

Responsibilities

Lead accounting operations, including supervision, staffing, performance expectations, and development of accounting personnel
Maintain departmental policies, procedures, operating standards, and staffing plans to support growth and organizational complexity
Serve as a key advisor to the Chief Accounting Officer and Chief Financial Officer on accounting, financial reporting, operational efficiency, and strategic finance initiatives impacting the Bank and holding company.
Partner with executive leadership to identify, evaluate, and implement process improvement opportunities that enhance scalability, control effectiveness, reporting efficiency, and overall finance organization performance.
Lead the development, maintenance, review, and continuous enhancement of accounting policies, procedures, and governance frameworks to ensure consistency, accuracy, and compliance with U.S. GAAP, regulatory guidance, and internal control requirements.
Monitor emerging accounting standards, regulatory developments, industry practices, and business changes; assess impacts to the Bank and recommend appropriate accounting policies, operational changes, and implementation strategies.
Review trends in revenue, expenses, profitability, and key financial metrics; identify unusual fluctuations, emerging risks, and opportunities for operational and financial improvement.
Foster a culture of accountability, transparency, sound judgment, and continuous improvement throughout the accounting and finance organization.
Lead monthly, quarterly, and annual close activities and ensure timely completion of reporting requirements
Maintain general ledger integrity, including chart of accounts administration, account maintenance, journal entries, adjustments, and accounting transactions
Identify and implement accounting process improvements and close optimization initiatives
Maintain general ledger governance over account creation, maintenance, posting activities, approval workflows, and accounting system controls
Oversee user access, segregation of duties, security controls, and coordination with Technology and Information Security
Oversee the account reconciliation program and ensure balance sheet accounts are reconciled accurately, completely, and timely
Review aging, unresolved reconciling items, and material exceptions; establish standards and ensure timely resolution and escalation
Oversee Accounts Payable, disbursement controls, accruals, fixed assets, capital expenditures, depreciation, amortization, disposals, prepaid expenses, and related schedules
Ensure accounting treatment complies with Bank policy and applicable accounting standards
Oversee accounting for cash position, settlement activity, significant cash movements, intercompany transactions, and related general ledger activity
Coordinate with Treasury and other departments to ensure accurate accounting, reconciliation, reporting, and supporting controls
Prepare and review monthly financial statements, management reporting packages, and variance analysis
Prepare and maintain Net Interest Margin (NIM) reporting, supporting schedules, and accounting schedules for Board reporting
Partner with Deposit Operations, Loan Operations, Treasury, Retail Banking, Technology, and other business units on accounting implications of products, services, systems, processes, and strategic initiatives
Ensure accurate accounting treatment for operational activities and identify related accounting risks and control considerations
Comply with all Bank policies, procedures, and regulatory requirements, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and related compliance programs.
Support the Bank's commitment to sound risk management and internal controls.
Perform other duties and special projects as assigned.
Work additional hours as necessary to meet reporting deadlines and business requirements.