Assistant Controller

Summary

The Assistant Controller assists the Controller in maintaining and enforcing the Bank’s internal controls and prepares financial information and financial reports to determine or maintain records of assets, liabilities, profit and loss and other financial activities within the organization. The Assistant Controller is responsible for overseeing the day-to-day operations of the Bank’s accounting organization, including the general ledger, accounts payable, payroll, fixed assets, prepaids and other critical areas. The Assistant Controller also is responsible for the management of the Bank’s monthly, quarterly and annual close processes.

Responsibilities

Areas of Focus

Assist in management of the monthly close process/checklist and ensure adherence to timelines and deliverables.

Timely review and approval of daily and monthly journal entries.

Review and approval of daily, weekly and monthly reconciliations.

Assist in the review and approval of weekly accounts payable payments while ensuring all payments are in accordance with policies and procedures.

Review and approval of certain wire payments.

Assist in the review and approval of weekly employee expense reimbursement/company card submissions and payments.

Occasionally prepare the Bank’s payroll for all employees.

Prepares the Bank’s commissions calculations and corresponding journal entries. Establishes systems and controls to verify accuracy of calculations.

Ensures the accuracy and completeness of accruals.

Prepares the Bank’s investments entries. Ensures accuracy of data and reconciles balances to the Bank’s bond keeper and safekeepers.

Ensure accuracy of the prepaid subledger, including reasonableness of amortization lives and calculations.

Ensure accuracy of the fixed assets subledger, including reasonableness of depreciation lives and calculations.

Assist in addressing issues and questions regarding payroll from Bank team members.

Review and approve calculations of tax withholdings on stock award vestings, where applicable.

Prepares the stock-based compensation entries associated with the Bank’s stock awards.

Reviews schedules to track and ensure monthly vendors are paid on time.

Confirmation and setup of new AP vendors.

Assist in the review and approval of 1099s annually.

Assists in the administration of the Concur system and ensures users are added and removed in a timely manner.

Administers the period integrity of the Bank’s stock compensation reporting system.

Assists in the management of the annual financial audit, reviews, examinations and internal audits, including the preparation and review of information provided to auditors and examiners.

Assists in the preparation of the Bank’s annual audited financial statements and footnotes.

Provides information to the Bank’s tax accountants used for the preparation of tax provisions and deferred tax balance adjustments.

Assists in the preparation, review and timely filing of certain regulatory reports.

Prepares certain sections and reviews the monthly variance analysis and assists in the preparation of the Bank’s internal financial reporting package.

Maintains tracking systems and prepares entries related to the capitalization of certain costs associated with internally developed software.

Future responsibility for supervision of certain accounting staff.

Additional Areas of Focus

Serve as backup for the preparation of payroll.

Preparing various monthly financial reports and ad hoc reports that support business decisions.

Assists in the implementation of new software systems.

Assists in the administration of several software systems.

Other duties as assigned.

Minimum Qualifications

Bachelor’s Degree in Accounting.

Strong knowledge and experience in interpreting and applying GAAP.

Master’s Degree and CPA License preferred.

5-8+ years of progressively responsible and relative experience.

Minimum 2 years of supervisory experience.

Experience in public accounting and industry are strongly preferred.

Expert in Microsoft Excel and Microsoft Office applications.

Proficient in the use of general ledger software systems.

Ability to maintain a high level of accuracy and attention to detail.

Ability to work in a fast-paced environment.

Strong reconciliation skills.

Strong organizational time management skills, problem-solving skills, and the ability to quickly grasp concepts and processes with limited guidance from management.

Strong written and verbal communication skills.

Must be able to work in a team environment with the ability to interact well, and in a positive manner, with co-workers and management.

A positive and collaborative approach with both peers and management

Versatility, flexibility, and a willingness to work on consistently changing priorities with enthusiasm.

ADDITIONAL INFORMATION

Reporting Structure : This position reports to the Bank’s Controller

Office Requirements : This position is required to be in the office at least 3-4 days each week

About Fortis Bank

Fortis Bancorp is the $1.3 billion bank holding company for Fortis Bank. Fortis Bank is a full-service bank that provides loans, deposits, and cash management services to businesses and their principals, with branch locations in Colorado and Utah. More information about Fortis Bank is available at www.fortisbankus.com .

At Fortis Bank, we pride ourselves in being a partner to our clients by offering comprehensive banking solutions while building trusted, long-term relationships.

Every role at Fortis is connected to our company strategy and can drive high impact. Each of our hand-selected and talented team members work closely together to contribute to the heart of our company culture that combines banking expertise and personalized service to create an unparalleled client experience.

We recognize, reward, and develop those individuals who make an outsized impact to our client experience and are committed to driving our business forward.

Fortis is Great Place to Work-Certified ™

Join a team where your expertise and passion can make a meaningful impact.

Learn more today at https://www.fortisbankus.com/working-at-fortis .