Svp, Controller (In Office Or Hybrid)

Purpose
The Controller is responsible for overseeing all aspects of financial operations including accounting, budgeting, financial reporting, regulatory reporting, compliance, internal financial policy & controls, and team leadership. The Controller plays a critical role in providing strategic financial guidance to Choice's executive leadership team, ensuring the integrity of our financial statements, and driving financial performance through effective analysis and decision-making.
Key Responsibilities
Financial Operations & Reporting

• Oversees the end-to-end monthly financial statement close process. Owns the general ledger and recording of all business transactions, including detailed analysis and reconciliation of all general ledger accounts.
• Performs and manages monthly, quarterly, and annual financial statement closing activities and the preparation of related financial statements and various ad hoc reports.
• Consistently analyzes financial data and presents financial reports in an accurate and timely manner. Effectively communicates monthly, quarterly, and annual financial results.
• Ensures team deadlines for month-end close and financial reporting requirements are consistently met.
• Oversees the processing of accounts payable, accounts receivable, cash management, T&E expenses, payroll and benefits.
• Maintains the organization's general ledger chart of accounts and reporting hierarchy. Ensures the ongoing integrity of financial accounting systems/structure.
• Supports regulatory reporting processes. Liaises with the organization's independent auditors and supports the timely completion of ongoing reviews and audits.
• Ensures accurate and timely direct and indirect tax reporting along with payment and identification of any changes in regulations or exposure that could impact the Company.
• Assists in the development, maintenance, and implementation of a documented system of accounting policies and procedures.
• Assists in the implementation and ongoing maintenance of effective internal controls over financial reporting and other business process improvements. Monitors ongoing compliance, makes recommendations and helps implement improvements.
• Leads continuous improvement efforts in areas of oversight to increase automation and scale.
• Assists in the identification, analysis, and implementation of revenue generating or expense saving opportunities in the Company.
• Issue timely and complete financial statements.
• Manage the production of the annual budget and forecasts. Calculate variances from the budget and report significant issues to management.
• Manage the submission of the call report, sales and use taxes, surplus lines tax payments and filings and other required external reports and filings.
• Assist Finance team with duties such as preparation of income taxes and income tax reporting, asset/liability management strategies and other Finance functions.
• Provide for a system of management cost reports that represent a holistic view of the activities involved in the "source-to-settle" process, including spend analysis, sourcing, procurement, receiving, payment settlement and management of accounts payable and general ledger accounts.
• Performs other duties as required to support the Finance department.

Team Management & Leadership

• Coach, develop and support the Finance & Accounting team in the daily execution for Choice Bank, Choice Insurance Services, Choice Financial Holdings, and affiliates.
• Collaborate, recognize, support, and develop team members.
• Conduct regular one-on-ones and coach to success (i.e. help them win)
• Set expectations by defining the desired results and trusting the process to the employee.
• Listen to employee feedback - what's working, what's not -support them in making positive changes and provide them with adequate resources.
• Invest in the employee's professional and personal development through intentional allocation of time to learning and professional opportunities.
• Catch employees being successful and deliver timely, individualized recognition.
• Create a positive, engaged team through consistent and intentional Strengths-based leadership.
• Advise executive and senior leadership teams in the design, implementation and assessment of accounting processes and controls.
• Collaborate with the Finance leadership team on establishing accounting deliverables that will provide the essential information that financial managers need to make future financial decisions.
• Partner with other business units to achieve organizational goals.
• Ability to lead intercompany accounting between Choice Financial Holdings and its subsidiaries.

Compliance

• Coordinate the provision of information to external auditors or the annual audit.
• Monitor debt levels and compliance with debt covenants.
• Comply with local, state, and federal government reporting requirements and tax filings.
• Actively coordinate with external accountants, auditors and advisors. Act as the primary point of contact during annual audit process, internal FDICIA testing and other audits and examinations.
• Familiarity with laws and regulations enforced by the Federal Deposit Insurance Corporation (FDIC), Federal Reserve Bank and other pertinent regulatory authorities.
• Ability to research accounting issues and apply the best practices and applications in accordance with GAAP.
• Experience and ability to apply accounting for equity method investments.

Requirements & Qualifications

• Bachelor's degree in accounting, finance, or business administration; or equivalent experience. CPA, CMA or other industry-relevant license or designation preferred.
• 7+ years of progressively responsible experience as a Controller or Assistant Controller in a mid to large-size bank or a division of a large financial services company. Experience working in a fast-paced environment with the ability to manage multiple projects and priorities.
• Applicable experience with, and best practices for, accounting, tax, and control systems within the regulatory environment, and accounting standards for banks and financial services organizations.
• Thorough understanding of GAAP; ability to research and interpret authoritative guidance.
• Demonstrated success managing people and leading a team to successful business outcomes.
• Strong background in accounting and finance, a proven track record of leadership, and a deep understanding of the banking industry and regulatory environment.
• Knowledge and experience accounting for M&A-related transactions.
• Familiarity with and experience accounting for equity-based compensation models including stock options, stock appreciation rights, restricted stock and phantom stock plans.
• Experience implementing financial systems that effectively support planning, ALM/IRR, reconciliation, etc.

Key Competencies: This position requires the ability to...
Communicate with Clarity: Plan and deliver oral and written communication that maximizes the comprehension of employees, management and professional contacts.
Build Collaborative Relationships: Develop, maintain, and strengthen partnerships with others inside or outside the organization to effectively provide information, assistance, and direction.
Think Critically: Apply analysis of financial information to common sense understanding of business operations, and use mental processes of discernment and evaluation to form a solid judgment.
Leverage Expertise: Use in depth understanding of accounting principles and best practices to create efficient, effective accounting processes, procedures and operating structure.
Promote Thoroughness: Ensure that work is completed correctly; prepare carefully for meetings and presentations; and follow up with others to ensure that agreements and commitments have been fulfilled.
Establish and Maintain Personal Credibility: Consistently model behavior that is perceived as responsible, reliable, and ethical, and is in keeping with Choice values.
Culture Alignment
Choice is #PeopleFirst, banking second.
People don't need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.
In contributing to our culture, Choice team members are guided by our core values.

• Embrace change and encourage innovation.
• Know when to ask for help and know when to offer help.
• Better the places we live.
• Work hard. Do the right thing. Have a little fun.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)