Director of Financial Reporting

Orchard Executive Search has been retained by Avidia Bank ($2.8 Billion) in Hudson, MA to fill a hot new position with top performing talent. The bank, a life-long mutual bank, just filed an S-1 indicating their desire to go public! To say this is an exciting time at Avidia Bank would be an understatement and this search is a direct product of the bank’s next evolution of growth.

We are searching for the Bank’s First VP/SVP, Director of Financial Reporting.

Why This Opportunities Stands Out:

Avidia Bank is not an A-typical community bank. This institution is on the cutting edge embracing innovative banking solutions including digital banking and payment solutions is constantly moving the needle.

If you are searching for an opportunity to thrust your career to the next level while being surrounded by A-player talent with an excellent singleness of purpose, it is most likely in your best interest to learn more.

FLUID JOB DESCRIPTION

(I.E. Specific responsibilities may be adjusted to capitalize on the new role and candidates’ strengths and experience)

Job Title: Director of Financial Reporting

Division: Finance and Accounting

Job Type: Full Time - Exempt

Reports to: Chief Financial Officer

Officer Title: VP or SVP

Location: Hybrid (Hudson, MA & remote)

Overview:

Lead the financial reporting function for the organization, including all internal and external quarterly and annual reporting of financial performance and position.

Primary Responsibilities:

Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers:

• Leads and manages the preparation of all financial reporting including internal reports supplied for executive management and board of director. This includes, preparing, analyzing and reviewing quarterly and annual financial statements, footnotes, and management discussion and analysis. The key reports include, but are not limited to 10K, 10Q, 8K, 3,4,5, and 144.
• Oversees compliance with statutory accounting principles and procedures, generally accepted accounting practices and procedures, as well as regulatory and other external financial filing requirements.
• Preparing, analyzing and reviewing quarterly and annual financial statements, footnotes, and management discussion and analysis
• Researches and implements changes in accounting rules, regulatory filing requirements, organization and company operations. Provides guidance to other areas as it relates to financial reporting requirements.
• Collaborate with internal Business Intelligence resources to enhance and create financial reporting related dashboards, reporting and tools.
• Develop, enhance and maintain a rigorous internal control structure around financial reporting and data.
• Supervising, training and mentoring staff with duties related to corporate accounting and reporting
• Assist with ad-hoc information requests, reporting needs and cross-functional projects as necessary

Job Requirements

• Bachelor's degree in Accounting or Finance; Masters degree preferred
• Certified Public Accountant (CPA) active licensure
• Minimum of 10 years of experience in financial reporting, public accounting, with at least 5 years in a leadership or management role
• Strong knowledge of GAAP and SEC regulations
• Excellent communication and interpersonal skills
• Ability to manage and motivate a team
• Detail-oriented with strong analytical skills
• Ability to work under pressure and meet tight deadlines