Coastal Community Bank

Banking

AssistantController

$141–170k Toronto, Ontario, Canada; Canada FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Assistant Controller at Coastal Community Bank. Skills: Accounting principles, GAAP, Regulatory requirements, Financial statement data alignment, Supervision of accounting staff, Process improvement, Technical accounting interpretation, Regulatory reporting preparation. Oversee daily accounting activities. Ensure financial statement data aligns with GAAP and regulatory requirements”

What You'll Achieve.

Ensure financial statement data aligns with Generally Accepted Accounting Principles (GAAP) and regulatory requirements; Drive process improvements to enhance efficiency and accuracy; Deliver results in a fast-paced environment

Industry & Context.

Banking
Problems you'll solve

Problem-solving skills; Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box.

Eligibility Requirements

Remote role for individuals in Pacific or Mountain time zones, Sit for extended periods of time, Stand for extended periods of time, Perform repetitive finger, hand, and arm movement, Use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc., View and read computer screens for extended periods, Occasionally stoop, kneel, crouch, or crawl, Occasionally lift or move up to 10 pounds

What They're Looking For.

Must Have

7+ years of relevant accounting experience, Experience with accounting in a bank required, 3+ years of supervisory experience, knowledge of accounting principles, knowledge of GAAP, knowledge of regulatory requirements

Nice to Have

Certified Public Accountant (CPA) preferred, Previous banking experience preferred, Oracle ERP and Fusion GL experience preferred

What You'll Do.

Oversee daily accounting activities

Ensure financial statement data aligns with GAAP and regulatory requirements

Manage and supervise staff

Provide escalation support

Drive process improvements

Review and approve staff accounting entries

Assist with Accounting Systems implementation

Participate in the review

and clarification of technical accounting

Develop streamlined processes for entries

Supervise specific areas including daily cash position

fixed assets and prepaids

monthly certification of GL

and payroll and stock equity award accounting

Supervise daily accounting processes including journal entries

intercompany clearing

and monitoring daily balance sheet and income statement activity

Supervise month-end close process and general ledger personnel

Prepare or supervise preparation of regulatory reporting

Provide accounting assistance to business partners

Perform monthly analysis of revenue

and actual/budget variances

Assist with preparation of financial schedules for internal auditors

Prepare or supervise preparation of state and local taxes as well as the monthly and quarterly income tax provision

Assist with the preparation of quarterly federal tax payments and Corporate tax returns

Ensure department is performing in accordance with internal policies/procedures and regulatory compliance rules and regulations

Establish and maintain working relationships with internal and external teams

Develop and implement efficient accounting policies

and oversee the implementation of department procedures

recommending process improvements to management

How You'll Work.

Team & Collaboration

Collaborating deeply; Establish and maintain working relationships with internal and external teams; Provide accounting assistance to business partners; Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back

Communication Scope

Communicate effectively

Process & Methodology

Ability to manage multiple priorities, Prioritizing and multi-tasking skills, Organize and strategize effectively, Adapt on the fly

Full Job Description

ABOUT US Coastal is at the forefront of modern banking, combining strong financial infrastructure with cutting-edge Banking-as-a-Service (BaaS) and fintech enablement strategies. We support not only individuals with their personal banking needs; we also empower businesses by integrating modern banking technology that drives growth, flexibility, and innovation. At Coastal, we think and move like entrepreneurs; focused on impact, speed, and continuous improvement. We believe in working smart, collaborating deeply, and building solutions that unlock real potential. If you're someone who thrives in a fast-moving environment, loves solving complex problems, and wants to help shape the future of banking, we’d love to meet you. Check out our video here https://www.youtube.com/watch?v=UCWaDxFnla8&ab_channel=CoastalCommunityBank! OVERVIEW As the Assistant Controller for the Coastal Community Bank, you will oversee daily accounting activities and ensure financial statement data aligns with Generally Accepted Accounting Principles (GAAP) and regulatory requirements. You will manage and supervise staff, provide escalation support, and drive process improvements to enhance efficiency and accuracy. This role requires discretion and independent judgment on matters of significance, including complex accounting issues and partner program agreements. Remote role for individuals in Pacific or Mountain time zones.   RESPONSIBILITIES TO INCLUDE - Ensure all daily accounting activities and financial statement data are prepared in accordance with GAAP and regulatory agency requirements. - Manage and supervise assigned staff, providing guidance and escalation support as needed. - Review and approve staff accounting entries to ensure accuracy and completeness. - Assist with Accounting Systems, including implementing software for GL, travel and expense, reconciliation tools, accounts payable, and others as needed. - Participate in the review, interpretation, and clarification of technical ac

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