3 days left

Rockport, Massachusetts
130,000 - 170,000
Jun 26, 2024
Jul 26, 2024
Full Time
Education Level
4 Year Degree

The Controller is responsible for supporting the SVP/Chief Financial Officer (CFO) in ensuring the effective operation of the accounting department by performing or supervising various accounting duties. Those duties include but are not limited to supervising and directing the daily accounting operations, daily cash management processes, investment reporting, subsidiary reporting, specialized accounting standards including lease reporting, BOLI, pension and post-retiree reporting.  The Controller will provide operations and financial related reporting to senior management, department management and the Board of Trustees and will serve as the expert on the general ledger and related systems.


Performance of these myriad duties requires excellent organization, detail-oriented, problem solving, multi-tasking, planning, verbal, and written communication skills.  The Controller must be self-motivated, highly productive with the ability to work independently.  Must be proficient in Microsoft Office with the ability to train and develop all accounting staff.



Primary subject matter expert on the general ledger and related sub-systems, including the chart of accounts. Supervise and manage the accurate and timely month-end, quarter-end, and year-end general ledger close processes. Oversee the timely and accurate preparation of general ledger account reconciliations, report and resolve discrepancies or stale items in a timely fashion to the SVP/CFO. Provide oversight and management of the FDICIA environment to ensure an appropriate internal control system is maintained and complies with corporate policy and procedures across the Bank. Oversee the day-to-day operations of Accounting team, including accounts payable while maintaining accurate records of fixed assets, prepaid items, expense accruals, investment portfolio, subsidiary company ledgers, lease reporting, BOLI, pension and post-retiree reporting functions. Responsible for the monthly, quarterly, and annual tax reporting. Prepare monthly financial reports for senior management, department management, committees, and the Board of Trustees, including budget to actual reporting. Ensure all financial transactions and reports are completed according to GAAP and corporate policy. Provide consultation and advice to business unit management on accounting and operational matters. Primary department liaison coordinating with the internal auditors and external auditors while assisting in the regulatory examinations and recommending process improvements. Provide supervision and instruction by staying current with regulations, policies, and procedures. Recruit, develop, evaluate, and retain a motivated and cohesive accounting team capable of driving good decisions through sound financial management. Prepare regulatory reports for Division of Banks, Depositors Insurance Fund, FHLB, FRB and the FDIC. Responsible for the development and execution of a training plan for the accounting team to include coaching, motivation and support including cross-training and providing support or backup as needed. Perform ad hoc reports and analysis in support of business decision making as needed or other duties as assigned. Ability to function at a broad-based, strategic level while being capable of driving detailed, tactical execution in addition to becoming hands on where necessary.


Bachelor’s degree with a concentration in accounting or finance, with a strong computer/technology background while an advance degree or CPA designation is preferred. Ten (10) years of related progressive management experience in banking or a related financial field is required. Thorough knowledge of GAAP, financial and accounting practices, and procedures. General knowledge of bank operations and accounting for fixed assets, prepaids, accruals, investments, leases, BOLI, pension and taxes. Specific knowledge of Oracle Financials and Fiserv Prologue Investment Portfolio Accounting (IPA) systems preferred. Proficient in Microsoft Office suite.

Other Skills:

Other qualifications include strong leadership, interpersonal, organizational, detail-oriented, problem-solving, multi-tasking, planning, analytical, verbal, and written communication skills.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Cape Ann Savings Bank offers a competitive compensation package including but not limited to the following:  Pension Plan, 401K, Medical, Dental and Vision insurances. 

To apply email resume to

Cape Ann Savings Bank is an equal opportunity employer.  We celebrate diversity and are committed to creating an inclusive environment for all employees.

Principals only, no recruiters.



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