What are the responsibilities and job description for the Assistant Controller position at Colonial Savings?
Company: Colonial Savings
Job Title: Assistant Controller
City: Fort Worth State: Texas
Assistant Controller
Job Description
The Assistant Controller will manage the activities and staff of the accounting function to provide timely and accurate financial statements, forecasts, reports and controls.
Requirements include:
- Proficient in all aspects of corporate accounting and all pertinent GAAP, OCC rules and regulations including Agency requirements
- Guides financial decisions by establishing, monitoring and enforcing policies and procedures
- Protects assets by establishing, monitoring and enforcing internal controls
- Ensures compliance with federal, state and local legal requirements by researching existing and new legislation, consulting with outside advisors, and filing financial reports
- Advises management of actions and potential risks
- Handles processing of expenses and any associated booking of them
- Trains, develops and appraises team
- Keep up-to-date on information and technology affecting functional area(s) to increase innovation and ensure compliance
- Interact with auditors and regulators. Answer their questions and provide needed detail to them, as needed.
- Administers uniform accounting system for budgetary purposes
- Financial reporting
- General ledger account reconciliation
- Monitors and ensures activities of day to day operations
- Supervises accounting staff of the accounting function
- Other duties as assigned
Job Requirements
- 10 years of experience in public accounting/banking/mortgage banking
- 5 years of experience in managing an accounting team
- CPA certification preferred but not required
- Strong knowledge of Generally Accepted Accounting Principles (GAAP), internal controls and financial reporting required
- Bachelor's degree in Business, Finance, Accounting preferred but not required
- Mortgage banking experience preferred
- Excellent verbal and written communication skills
- Ability to work collaboratively across departmental functions
- Strong technology, organizational, and analytical skills
- Ability to direct and motivate employees
- Ability to perform multiple tasks and prioritize responsibilities in a dynamic fast paced working environment
- Proficient in Microsoft Office, including Excel, Word, Outlook
This position offers a full range of benefits including Health, Dental, and 401k.
Equal Opportunity Employer
M/F/Disability/Vet.
Founded in 1952 as Fort Worth Mortgage Corporation, today Colonial is a national, multi-service financial institution headquartered in Fort Worth, Texas. A federally chartered thrift, Colonial is one of the largest servicers of residential mortgage loans in the United States, with a servicing portfolio of $20 Billion. Colonial operates a network of six consumer/commercial banks located throughout North Central Texas.
Member FDIC | Equal Housing Lender | NMLS ID 401285
- 10 years of experience in public accounting/banking/mortgage banking
- 5 years of experience in managing an accounting team
- CPA certification preferred but not required
- Strong knowledge of Generally Accepted Accounting Principles (GAAP), internal controls and financial reporting required
- Bachelor's degree in Business, Finance, Accounting preferred but not required
- Mortgage banking experience preferred
- Excellent verbal and written communication skills
- Ability to work collaboratively across departmental functions
- Strong technology, organizational, and analytical skills
- Ability to direct and motivate employees
- Ability to perform multiple tasks and prioritize responsibilities in a dynamic fast paced working environment
- Proficient in Microsoft Office, including Excel, Word, Outlook
