VP-Controller-Hybrid

Align Credit Union•Lowell, MA

1d•$106,000 - $135,000•Hybrid

About The Position

The VP Controller is a key financial leader responsible for the oversight, integrity, accuracy, and timely completion of the Credit Union's accounting and financial reporting functions. Reporting directly to the President & CEO, the VP Controller provides leadership and oversight of the Accounting Department, works closely with the Risk Management area, and collaborates across Lending, Operations, Information Technology, and other business areas to ensure strong financial controls, accurate reporting, regulatory compliance, and sound financial decision-making. The VP Controller works closely with the SVP of Finance, who is responsible for cash management and investments, to ensure a coordinated approach to the Credit Union's overall financial management and strategy. The VP Controller serves as a member of the Senior Leadership Team and Asset Liability Management Committee (ALCO) and provides financial insight, identifies emerging risks and trends, strengthens internal controls, and supports the Credit Union's strategic objectives.

Requirements

Leadership and oversight of the Accounting Department
Preparation of financial statements, management and Board reporting, NCUA Call Report, and regulatory filings
Budgeting, forecasting, variance and profitability analysis, and financial planning
Calculation, analysis, documentation, and monitoring of Allowance for Credit Losses
Identification and monitoring of financial and operational risks
Strengthening internal controls and reconciliation processes
Active membership in ALCO, providing financial analysis for balance sheet management
Subject matter expertise for financial systems (e.g., DNA)
Liaison for auditors and regulatory examiners
Membership in the Senior Leadership Team
Coaching and development of Accounting employees
Identification of process improvements in accounting and financial reporting

Responsibilities

Lead and oversee the Accounting Department, including general ledger activities, accounts payable, reconciliations, month-end and year-end closing, and the accuracy and integrity of the Credit Union's financial records.
Oversee the accurate and timely preparation of monthly, quarterly, and annual financial statements, management and Board reporting, the NCUA Call Report, and other required federal and state regulatory financial filings.
Lead and support budgeting, forecasting, variance and profitability analysis, and financial planning. Provide the President & CEO and Senior Leadership Team with meaningful analysis of financial performance, trends, and emerging concerns.
Oversee the calculation, analysis, documentation, and ongoing monitoring of the Allowance for Credit Losses in collaboration with Risk Management and Lending, including credit quality trends, delinquency, charge-offs, concentrations, qualitative factors, and economic assumptions.
Work closely with the Risk Management area to identify and monitor financial and operational risks, support Enterprise Risk Management, strengthen internal controls and reconciliation processes, and ensure significant discrepancies, exceptions, or control weaknesses are appropriately escalated and resolved.
Serve as an active member of ALCO and provide financial analysis supporting liquidity, interest rate risk, Net Economic Value (NEV), earnings, funding, capital, and overall balance sheet management. Work closely with the SVP of Finance on cash management, investments, liquidity, and related ALCO strategies.
Serve as a key financial subject matter expert for DNA and related financial systems, including general ledger interfaces, transaction flows, reconciliations, data integrity, and financial reporting. Collaborate with Information Technology and other business areas on system changes, testing, upgrades, and issue resolution.
Serve as a primary financial contact for internal and external auditors and regulatory examiners. Coordinate requested financial information and work with Risk Management and other areas to ensure findings and corrective actions are appropriately addressed and completed timely.
Serve as an active member of the Senior Leadership Team, providing financial expertise and strategic insight to support organizational decision-making. Prepare and present financial information, trends, risks, and recommendations to the President & CEO, Senior Leadership Team, and ALCO, as appropriate.
Lead, coach, and develop Accounting employees while promoting accountability, cross-training, succession planning, and professional development. Identify opportunities to improve accounting processes, financial reporting, automation, controls, and organizational efficiency while demonstrating the leadership and strategic capabilities necessary for continued professional growth.
Other job-related duties, as assigned.