Vice President, Controller

Torrington Savings Bank • Torrington, CT

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About The Position

The Vice President, Controller oversees all accounting and financial reporting functions of the Bank, ensuring accuracy, compliance, and operational excellence. This role leads the Accounting team, maintains strong internal controls and GAAP compliance, and ensures the Bank meets all regulatory reporting requirements. The Controller provides reliable financial information to support decision-making, regulatory reviews, and strategic planning.

Requirements

• 5-7 years Financial institution experience required, with strong knowledge of state and federal banking regulations and regulatory reporting.
• Bachelor’s degree in accounting, finance, or related field required; CPA or master’s degree preferred.
• Expertise in US GAAP, including standards applicable to financial institutions.
• Proven leadership skills with experience developing and motivating teams.
• Ability to perform effectively under pressure and meet tight deadlines.
• Strong analytical, problem-solving, and communication skills.
• Proficiency with accounting/finance systems, Microsoft Excel, and PC-based applications.

Responsibilities

• Lead, mentor, and develop accounting staff to ensure strong performance and professional growth.
• Oversee daily accounting operations, including the general ledger, accounts payable, investment accounting, and fixed assets.
• Promote a culture of accuracy, accountability, and continuous improvement.
• Direct the preparation of monthly, quarterly, and annual financial statements and internal management reports.
• Ensure compliance with US GAAP, Bank policies, regulatory standards, and internal controls.
• Oversee month-end and year-end close processes and support management and Board reporting.
• Assist with budgeting, tax estimates, and annual tax provisions.
• Oversee timely and accurate completion of the quarterly Call Report and related regulatory filings.
• Monitor regulatory changes and ensure accounting practices and internal controls remain compliant.
• Support documentation, design, implementation, and testing of internal controls.
• Serve as the primary liaison for external audits and regulatory examinations.
• Maintain strong internal controls across all accounting processes.
• Oversee business continuity planning for the accounting department.
• Support ALM modeling and reporting and participate as a member of ALCO.
• Manage the corporate credit card program and related policy compliance.
• Serve as administrator for assigned accounting or finance systems.
• Lead or support special projects as assigned by the Senior Vice President, Finance.

Benefits

• Torrington Savings Bank offers an excellent benefits package which includes medical, dental, and vision coverage.
• We also offer company paid life insurance, short term disability, long term disability, and a wellness reimbursement program up to $350 per year.
• Employees are eligible to participate in our 401k plan after 6 months of service which has an employer match up to 3%.
• Employees may also be eligible for an additional employer match to their 401K following one year of service.

What This Job Offers

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