Controller
Bank of Oak Ridge, Raleigh, NC, United States
At Catapult, we are currently supporting our member, Bank of Oak Ridge, in their search for a Controller. This full-time role will be based in the Triad, NC area, with preference for local candidates or those open to relocation. Candidates in the Southeast may also be considered for a remote arrangement, with the expectation of periodic onsite presence in the Triad. Candidates in the Eastern or Central time zones are strongly preferred to support collaboration and operational alignment.
Overview
The Controller is responsible for overseeing the Bank's accounting operations, financial reporting, and regulatory compliance functions. This role ensures accurate and timely preparation of financial statements, regulatory reports, and internal management reports. The Controller also plays a key role in maintaining effective accounting processes, internal controls, and vendor management practices to support the Bank's safety, soundness, and strategic objectives.
Key Responsibilities
Accounting, Financial Operations & Leadership
Lead a team of accountants to oversee daily accounting functions, including general ledger, accounts payable, reconciliations, accruals, and month-end close.
Ensure compliance with GAAP, regulatory guidance, and internal policies.
Develop and maintain accounting processes and internal controls to safeguard bank assets.
Review and approve journal entries, reconciliations, and general ledger account analyses.
Perform, review, and oversee general ledger mapping, post permissions, and changes to accounting systems such as the general ledger, core banking, accounts payable, and fixed asset systems.
Oversee delivery of data to the Bank's tax preparers on a quarterly basis.
Financial & Regulatory Reporting
Prepare timely and accurate external annual financial statements.
Oversee the preparation and submission of all required regulatory filings such as Call Reports, FR Y-9, FR Y-10, SEP, and the Summary of Deposits.
Assist in coordinating audits and regulatory examinations, serving as the primary point of contact for external auditors and examiners.
Monitor accounting pronouncements and regulatory changes that may affect the Bank's reporting.
Prepare timely and accurate internal financial statements and reports for management and the Board of Directors.
Work with department heads to evaluate, onboard, and monitor third-party service providers.
Ensure vendor contracts, risk assessments, and due diligence documentation are current and complete.
Support ongoing vendor performance monitoring and reporting to senior management.
Partner with Operations, Credit Administration, Human Resources, and other departments to maintain and strengthen internal controls and reporting processes.
Provide financial insight to support strategic initiatives and special projects.
Supervise and mentor accounting staff, fostering professional development and cross-training.
Lead day-to-day accounting operations, including general ledger, payables, reconciliations, accruals, and month-end close.
Ensure compliance with GAAP, regulatory guidance, and internal policies.
Prepare and oversee internal financial reports for leadership and the Board.
Coordinate external financial statements and required regulatory filings.
Serve as a primary contact for audits and regulatory reviews.
Maintain accounting systems, controls, permissions, and process documentation.
Partner with internal teams to strengthen controls and reporting accuracy; oversee accounting team.
Support vendor onboarding, due diligence, and ongoing oversight.
Requirements
Bachelor's degree in accounting, finance, or a related field is required.
CPA or CPA-eligible certification preferred – required for candidates without previous financial services accounting experience.
Minimum of 4 years of accounting or financial services experience.
Strong understanding of GAAP principles.
Familiarity with financial regulations and regulatory reporting is beneficial, but candidates with a willingness to learn are encouraged to apply.
Proficiency with accounting systems, general ledger applications, and Microsoft Office Suite.
Proven ability to manage multiple priorities in a fast-paced environment.
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Overview
The Controller is responsible for overseeing the Bank's accounting operations, financial reporting, and regulatory compliance functions. This role ensures accurate and timely preparation of financial statements, regulatory reports, and internal management reports. The Controller also plays a key role in maintaining effective accounting processes, internal controls, and vendor management practices to support the Bank's safety, soundness, and strategic objectives.
Key Responsibilities
Accounting, Financial Operations & Leadership
Lead a team of accountants to oversee daily accounting functions, including general ledger, accounts payable, reconciliations, accruals, and month-end close.
Ensure compliance with GAAP, regulatory guidance, and internal policies.
Develop and maintain accounting processes and internal controls to safeguard bank assets.
Review and approve journal entries, reconciliations, and general ledger account analyses.
Perform, review, and oversee general ledger mapping, post permissions, and changes to accounting systems such as the general ledger, core banking, accounts payable, and fixed asset systems.
Oversee delivery of data to the Bank's tax preparers on a quarterly basis.
Financial & Regulatory Reporting
Prepare timely and accurate external annual financial statements.
Oversee the preparation and submission of all required regulatory filings such as Call Reports, FR Y-9, FR Y-10, SEP, and the Summary of Deposits.
Assist in coordinating audits and regulatory examinations, serving as the primary point of contact for external auditors and examiners.
Monitor accounting pronouncements and regulatory changes that may affect the Bank's reporting.
Prepare timely and accurate internal financial statements and reports for management and the Board of Directors.
Work with department heads to evaluate, onboard, and monitor third-party service providers.
Ensure vendor contracts, risk assessments, and due diligence documentation are current and complete.
Support ongoing vendor performance monitoring and reporting to senior management.
Partner with Operations, Credit Administration, Human Resources, and other departments to maintain and strengthen internal controls and reporting processes.
Provide financial insight to support strategic initiatives and special projects.
Supervise and mentor accounting staff, fostering professional development and cross-training.
Lead day-to-day accounting operations, including general ledger, payables, reconciliations, accruals, and month-end close.
Ensure compliance with GAAP, regulatory guidance, and internal policies.
Prepare and oversee internal financial reports for leadership and the Board.
Coordinate external financial statements and required regulatory filings.
Serve as a primary contact for audits and regulatory reviews.
Maintain accounting systems, controls, permissions, and process documentation.
Partner with internal teams to strengthen controls and reporting accuracy; oversee accounting team.
Support vendor onboarding, due diligence, and ongoing oversight.
Requirements
Bachelor's degree in accounting, finance, or a related field is required.
CPA or CPA-eligible certification preferred – required for candidates without previous financial services accounting experience.
Minimum of 4 years of accounting or financial services experience.
Strong understanding of GAAP principles.
Familiarity with financial regulations and regulatory reporting is beneficial, but candidates with a willingness to learn are encouraged to apply.
Proficiency with accounting systems, general ledger applications, and Microsoft Office Suite.
Proven ability to manage multiple priorities in a fast-paced environment.
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