Vice President, Controller Position Available In Rockingham, New Hampshire

Vice President, Controller Salem Co-operative Bank United States, Hampshire, Salem 3 South Broadway (Show on map) Jun 18, 2025
Ready to make a difference? At Salem Co-operative Bank, we pride ourselves on offering a work environment where customer service and success are consistently placed front and center. Founded in 1922, we’ve grown in size, expanded our products and services, and learned to improve from 100 years of experience. Every customer is treated as a unique individual, knowing that not all customers’ needs are the same. Our commitment to our community is evident in our philanthropic foundation, Salem Community Benefit, which has contributed over $1.6 million to local organizations. Each year our employees spend many hours volunteering at local organizations in the Salem and Merrimack Valley areas. If you are ready to make a difference professionally, personally, and in the community, we want to meet you! We are looking for a VP, Controller who will support the Chief Financial Officer in ensuring the smooth operation of the department by performing a range of accounting functions. This is a hands-on position requiring an ability to see the big picture wile using a detailed and task-oriented approach. This person will provide day-to-day leadership for the accounting staff and will act as backup to the CFO.

How you will accomplish this:

Ensure the general ledger, accounts payable, fixed asset and investment functions are managed appropriately, and internal procedures operate smoothly
Review the GL for reasonableness of recorded income and expenses. Direct the reconciliation process of the Bank’s asset and liability accounts.
Manage daily funds management to include borrowings and brokered deposits and prepare liquidity reports as assigned
Oversee month-end closing, including monthly GL accruals
Prepare monthly internal financial statements and other assigned management reports
Preparation of the Bank’s audited financial statements and associated footnotes while maintaining financial reporting compliance with GAAP
Assist the CFO with the annual budgeting process
Prepare regulatory reports as required under federal and state banking regulations, including Call Report
Coordinate data collection and submission for external audits, regulatory exams and selected internal audits
Maintain accounting records and file the Annual Report for SCB, Inc, the Bank’s wholly owned subsidiary
Prepare financial statements for Salem Community Benefit, Inc.
Coordinate security purchase settlements and deliveries
Remit estimated federal and state tax payments
Prepare ALCO and Investment meeting packages
Attend and draft minutes for ALCO and Investment Committee meetings
Provide backup to VP-Human Resources for payroll submission
Prepare census reports for annual Director Retirement plans
Coordinate the payment of director’s fees and retirement benefits, including the issuance of Form 1099-NEC
Perform other duties as needed What you will bring to the role: Bachelor’s degree in accounting or finance and 5+ years of related banking or accounting experience; or equivalent combination of education and experience
Strong knowledge of accounting principles and financial statement preparation
Knowledge of and experience with state and federal bank regulations and reporting requirements
Strong analytical and strategic thinking skills
Knowledge of bank products, services, operations, payroll processing and recordkeeping
Strong mathematical, organizational, problem solving, technical/computer, and interpersonal skills
Demonstrated proficiency in Excel, Word, and Adobe Acrobat; experience utilizing Accounting and ALM software preferred
Strong written and verbal communication skills
Ability to multi-task in a fast-paced environment while maintaining strong attention to detail and meeting deadlines
Ability to maintain confidentiality at all times